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

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 stock has commenced trading.

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

CodeNamePrice ($)% ChgVolume
SMISantana Minerals Ltd0.004+33.33%125.0k
CTOCitigold Corp Ltd0.005+25.00%1.0M
MGTMagnetite Mines Ltd0.005+25.00%100.0k
PETPhoslock Environmental Tech1.07+22.99%2.8M
AWVAnova Metals Ltd0.011+22.22%386.0k
MEBMedibio Ltd0.011+22.22%1.2M
GLBGlobal Health Ltd0.17+21.43%740k
EQEEquus Mining Ltd0.012+20.00%17.4k
EVEEVE Investments Ltd0.006+20.00%275.0k
IPTImpact Minerals Ltd0.006+20.00%572.5k

Phoslock Environmental Technologies Limited (ASX: PET) rose strongly, after announcing a successful trial of its phosphorous reduction technology in China.

The Yuxi County Government has now approved the use of its Phoslock product for the entire Xingyun Lake Watershed area.

On the other side of the ledger, IT company Adacel Technologies (ASX: ADA) slumped after announcing an anticipated pre-tax loss of $1.7m – $1.9m in FY19, well down from last year’s pre-tax profit of $10.2m.

These 10 companies were lagging the pack in morning trade:

CodeNamePrice ($)% ChgVolume
ADAAdacel Technologies Ltd0.47-21.01%286.1k
SLCSuperloop Ltd1.23-19.81%448.9k
PODPodium Minerals Ltd0.07-19.57%328k
GMCGulf Manganese Corp Ltd0.005-16.67%1.0M
FGOFlamingo AI Ltd0.006-14.29%1.2M
AULAustar Gold Ltd0.0035-12.50%100.0k
IVOInvigor Group Ltd0.004-11.11%35.0k
EEGEmpire Energy Group Ltd0.19-9.52%50.0k
KRMKingsrose Mining Ltd0.04-7.89%458.7k
GMRGolden Rim Resources Ltd0.01-7.69%3.4M