Top 10 at 10: These ASX REE stocks are in rare form today
Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data.
It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.
The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has commenced trading.
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| DM1 | Desert Metals | 0.63 | 52% | 2,982,240 | $19,916,604.47 |
| NZS | New Zealand Coastal | 0.004 | 33% | 697,790 | $3,381,015.09 |
| M24 | Mamba Exploration | 0.165 | 32% | 600,000 | $5,271,875.38 |
| ENT | Enterprise Metals | 0.013 | 30% | 5,525,163 | $6,529,806.88 |
| ROG | Red Sky Energy. | 0.0075 | 25% | 52,325,043 | $31,813,363.18 |
| MCT | Metalicity Limited | 0.005 | 25% | 243,981 | $13,834,824.02 |
| NYM | Narryermetalslimited | 0.19 | 23% | 56,582 | $4,326,437.50 |
| SKS | SKS Tech Group Ltd | 0.22 | 19% | 201,787 | $20,069,466.37 |
| AUR | Auris Minerals Ltd | 0.019 | 19% | 332,278 | $7,626,015.31 |
| NRX | Noronex Limited | 0.051 | 16% | 2,962,778 | $7,500,230.63 |
“Significant rare earth discovery confirmed!” says Desert Metals (ASX:DM1), after first assays from a recent 12,745m drilling program at the Innouendy project returned highlights like 21m @ 1176ppm from 4m.
Meanwhile, Mamba Exploration (ASX:M24) has identified a bunch of rare earth targets within its Ashburton / Gascoyne Project tenements in the upper Gascoyne region of WA.
Australian Oil and Gas explorer and developer Red Sky Energy (ASX:ROG) has started drilling Yarrow 3 Gas Well — estimated to have a 2C contingent resource of 18BCF – to test the extent of the gas accumulation at the Yarrow field.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| PET | Phoslock Env Tec Ltd | 0.08 | -67% | 8,268,002 | $152,975,674.71 |
| HSC | HSC Technology Group | 0.01 | -17% | 500,000 | $26,072,872.04 |
| SKN | Skin Elements Ltd | 0.021 | -16% | 250,000 | $10,830,681.65 |
| AJL | AJ Lucas Group | 0.17 | -13% | 1,127,760 | $233,275,893.83 |
| FAU | First Au Ltd | 0.007 | -13% | 50,000 | $7,451,287.59 |
| RMY | RMA Global | 0.175 | -13% | 25,308 | $95,871,927.40 |
| BML | Boab Metals Ltd | 0.2 | -11% | 372,713 | $34,536,043.58 |
| ALX | Atlas Arteria | 6.495 | -11% | 6,688,904 | $6,999,341,776.46 |
| UVA | Uvrelimited | 0.225 | -10% | 2,200 | $7,874,997.50 |
| RR1 | Reach Resources Ltd | 0.009 | -10% | 6,116,216 | $19,100,506.39 |
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