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
LRSLatin Resources Ltd0.002+100.00%15.5M
SROShareroot Ltd0.002+100.00%750.0k
LINLindian Resources Ltd0.02+59.09%1.6M
AYRAlloy Resources Ltd0.003+50.00%100.0k
GGXGas2Grid Ltd0.003+50.00%400.0k
PCHProperty Connect Holdings Ltd0.003+50.00%100.0k
VLTVault Intelligence Ltd0.22+33.33%402.7k
ESREstrella Resources Ltd0.01+33.33%1M
ADVArdiden Ltd0.004+33.33%604.2k
DREDreadnought Resources Ltd0.004+33.33%750.0k

Lindian Resources (ASX: LIN) jumped sharply after announcing a “significant bauxite discovery” at its project in Guinea, West Africa.

And SaaS business Vault Intelligence Limited (ASX:VLT) climbed by almost 30 per cent after confirming it had met recurring revenue target as at 30 June 2019.

But it was a rough morning for Carnarvon Petroleum (ASX: CVN), which fell by more than 20 per cent after providing a drilling update for its Roc South-1 project in offshore WA.

These 10 stocks were lagging the pack in morning trade:

CodeNamePrice ($)% ChgVolume
CVNCarnarvon Petroleum Ltd0.44-23.28%10.8M
PNRPantoro Ltd0.18-18.60%4.2M
MTHMithril Resources Ltd0.005-16.67%21.9k
JPRJupiter Energy Ltd0.013-13.33%76.9k
EM1Emerge Gaming Ltd0.02-11.11%3.9M
VALValor Resources Ltd0.004-11.11%420.0k
SRISipa Resources Ltd0.008-11.11%200.0k
ERLEmpire Resources Ltd0.008-11.11%2.0M
ABTAbundant Produce Ltd0.06-10.45%200.8k
OVLOro Verde Ltd0.0045-10.00%4.7M