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.

Here are the 10 leaders to start the day:

Code Name Price % Chg Volume
MZN Marindi Metals Ltd 0.001 +100.00% 250.0k
RAC Race Oncology Ltd 0.06 +37.21% 814.6k
MKG Mako Gold Ltd 0.11 +26.44% 224.4k
TZL TZ Ltd 0.1 +25.00% 900k
E2E Eon NRG Ltd 0.005 +25.00% 500.0k
SUD Suda Pharmaceuticals Ltd 0.005 +25.00% 800.0k
KAR Karoon Energy Ltd 1.47 +21.49% 896.4k
LMG Latrobe Magnesium Ltd 0.006 +20.00% 43.9k
OCC Orthocell Ltd 0.54 +20.00% 2.0M
SYT Syntonic Ltd 0.003 +20.00% 200.0k

Biotech stocks led the way in early trade, as Race Oncology (ASX: RAC) climbed sharply after announcing that clinical trials have commenced in Israel for its Bisantrene cancer drug.

And regenerative medicine company Orthocell Limited (ASX:OCC) also found demand, with pre-clinical studies showing validation for its CelGro nerve regeneration technology.

These 10 stocks were lagging the pack in morning trade.

Code Name Price % Chg Volume
IAM Intiger Group Ltd 0.001 -33.33% 100.0k
ANW Aus Tin Mining Ltd 0.007 -12.50% 437.3k
LNY Laneway Resources Ltd 0.007 -11.11% 409.3k
CL8 Collaborate Corp Ltd 0.007 -11.11% 54.0k
CTM Centaurus Metals Ltd 0.009 -10.00% 1.5M
PPG Pro-Pac Packaging Ltd 0.14 -9.68% 13.0k
RLE Real Energy Corp Ltd 0.05 -8.93% 670.4k
ALY Alchemy Resources Ltd 0.012 -7.69% 20.0k
DRX Diatreme Resources Ltd 0.012 -7.69% 50.0k
CHK Cohiba Minerals Ltd 0.014 -6.67% 3.3M