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
SAU Southern Gold Ltd 0.17 +50.00% 103.8k
PCH Property Connect Holdings Ltd 0.003 +50.00% 78.0k
TRL Tanga Resources Ltd 0.003 +50.00% 1.7M
AUT Auteco Minerals Ltd 0.005 +25.00% 1.0M
SPB South Pacific Resources Ltd 0.006 +20.00% 66.9k
YPB YPB Group Ltd 0.006 +20.00% 166.7k
PEC Perpetual Resources Ltd 0.04 +19.35% 60.0k
TCN Techniche Ltd 0.03 +17.86% 2.3k
FGO Flamingo AI Ltd 0.007 +16.67% 10.5k
1AD Adalta Ltd 0.19 +15.15% 93.3k

Southern Gold (ASX: SAU) was an early mover, jumping by more than 50 per cent after announcing another “bonanza” grade gold-silver discovery at its fully-owned Deokon project in South Korea.

On the other end of the spectrum, the top six largest percentage falls were in penny stocks trading below one cent. Telix Pharmaceuticals (ASX: TLX) initially fell 10 per cent after coming out of a trading halt with an update on US regulatory developments for its cancer-treating technology.

Here are the worst 10 performers in early trade:

Code Name Price % Chg Volume
PCL Pancontinental Oil & Gas NL 0.001 -50.00% 20.0k
UTR Ultracharge Ltd 0.002 -33.33% 783.4k
BLY Boart Longyear Ltd 0.004 -20.00% 353.0k
QFY Quantify Technology Holdings L 0.005 -16.67% 640.4k
LML Lincoln Minerals Ltd 0.008 -14.29% 115.0k
IPT Impact Minerals Ltd 0.008 -11.11% 500.0k
BSM Bass Metals Ltd 0.01 -10.00% 1.4M
SEA Sundance Energy Australia Ltd 0.24 -9.62% 408.4k
BUX Buxton Resources Ltd 0.11 -8.70% 48.0k
TLX Telix Pharmaceuticals Ltd 1.5 -10.18% 249.6k