At the start of every trading day, it can be useful to know which stocks are humming out of the gate.

Often, the moves are part of the usual market ructions in small caps, but sometimes a big announcement can cause a stock to rocket higher (or fall).

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade.

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every stock has commenced trading.

Stocks highlighted in yellow have made potentially market-moving announcements:

Code Name Price ($) % Chg Volume
GLV Global Vanadium Ltd 0.002 +100.00% 250.0k
BUY Bounty Oil & Gas NL 0.003 +50.00% 1.2M
AKN Auking Mining Ltd 0.002 +33.33% 2.2M
ANL Amani Gold Ltd 0.0025 +25.00% 2.0M
DHR Dark Horse Resources Ltd 0.005 +25.00% 100.0k
NSE New Standard Energy Ltd 0.005 +25.00% 394.9k
SYT Syntonic Ltd 0.0025 +25.00% 7.8M
VAL Valor Resources Ltd 0.005 +25.00% 500.0k
AGE Alligator Energy Ltd 0.003 +20.00% 1.0M
WRM White Rock Minerals Ltd 0.01 +20.00% 150.0k

Junior explorer Global Vanadium Limited (ASX:GLV) ticked higher on no news, although it did get an extension on a $900,000 interest-free loan early in the week.

These 10 stocks were bringing up the rear in morning trade:

Code Name Price ($) % Chg Volume
XPE Xped Ltd 0.001 -33.33% 187.0k
PCL Pancontinental Oil & Gas NL 0.001 -33.33% 127.7k
CAD Caeneus Minerals Ltd 0.001 -33.33% 500.0k
AAU Adcorp Australia Ltd 0.004 -33.33% 500.0k
RPG Raptis Group Ltd 0.05 -30.00% 1.7k
BAS Bass Oil Ltd 0.002 -20.00% 600.0k
ICG Inca Minerals Ltd 0.003 -14.29% 225.0k
KNM KneoMedia Ltd 0.05 -13.21% 815.7k
TSL Titanium Sands Ltd 0.01 -12.50% 76.6k
SRI Sipa Resources Ltd 0.01 -12.50% 1.8M