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:

CodeNamePrice ($)% ChgVolume
GLVGlobal Vanadium Ltd0.002+100.00%250.0k
BUYBounty Oil & Gas NL0.003+50.00%1.2M
AKNAuking Mining Ltd0.002+33.33%2.2M
ANLAmani Gold Ltd0.0025+25.00%2.0M
DHRDark Horse Resources Ltd0.005+25.00%100.0k
NSENew Standard Energy Ltd0.005+25.00%394.9k
SYTSyntonic Ltd0.0025+25.00%7.8M
VALValor Resources Ltd0.005+25.00%500.0k
AGEAlligator Energy Ltd0.003+20.00%1.0M
WRMWhite Rock Minerals Ltd0.01+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:

CodeNamePrice ($)% ChgVolume
XPEXped Ltd0.001-33.33%187.0k
PCLPancontinental Oil & Gas NL0.001-33.33%127.7k
CADCaeneus Minerals Ltd0.001-33.33%500.0k
AAUAdcorp Australia Ltd0.004-33.33%500.0k
RPGRaptis Group Ltd0.05-30.00%1.7k
BASBass Oil Ltd0.002-20.00%600.0k
ICGInca Minerals Ltd0.003-14.29%225.0k
KNMKneoMedia Ltd0.05-13.21%815.7k
TSLTitanium Sands Ltd0.01-12.50%76.6k
SRISipa Resources Ltd0.01-12.50%1.8M