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:

Code Name Price ($) % Chg Volume
SMI Santana Minerals Ltd 0.004 +33.33% 125.0k
CTO Citigold Corp Ltd 0.005 +25.00% 1.0M
MGT Magnetite Mines Ltd 0.005 +25.00% 100.0k
PET Phoslock Environmental Tech 1.07 +22.99% 2.8M
AWV Anova Metals Ltd 0.011 +22.22% 386.0k
MEB Medibio Ltd 0.011 +22.22% 1.2M
GLB Global Health Ltd 0.17 +21.43% 740k
EQE Equus Mining Ltd 0.012 +20.00% 17.4k
EVE EVE Investments Ltd 0.006 +20.00% 275.0k
IPT Impact Minerals Ltd 0.006 +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:

Code Name Price ($) % Chg Volume
ADA Adacel Technologies Ltd 0.47 -21.01% 286.1k
SLC Superloop Ltd 1.23 -19.81% 448.9k
POD Podium Minerals Ltd 0.07 -19.57% 328k
GMC Gulf Manganese Corp Ltd 0.005 -16.67% 1.0M
FGO Flamingo AI Ltd 0.006 -14.29% 1.2M
AUL Austar Gold Ltd 0.0035 -12.50% 100.0k
IVO Invigor Group Ltd 0.004 -11.11% 35.0k
EEG Empire Energy Group Ltd 0.19 -9.52% 50.0k
KRM Kingsrose Mining Ltd 0.04 -7.89% 458.7k
GMR Golden Rim Resources Ltd 0.01 -7.69% 3.4M