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).

Neometals’ (ASX:NMT) JV company Primobius is in advanced discussions with Mercedes-Benz regarding the design and construction of a 2,500 tpa lithium-ion battery recycling plant.

Explorer Austin Metals (ASX:AYT) will be testing a bunch of gold targets “imminently” at its namesake project in WA.

 

LOSERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Gold miner Westgold (ASX:WGX) has raised $100m to fund a pathway to +400,000 ounces per annum of production from FY24. It was done at a reasonable 13.9% discount to the last closing price.

Growing gold producer Pantoro (ASX:PNR) is also raising cash. The $45m placement will be done at 29c per share – a ~14% discount to the last closing price.