Top 10 at 10: Which ASX exploration stocks are hitting paydirt today?

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data.

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 ASX stock has started trading.

WINNERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

The Conico (ASX:CNJ) and Greenstone Resources (ASX:GSR) Mt Thirsty JV has returned “outstanding” cobalt, nickel and scandium results, including 15m @ 0.45% Co, 0.91% Ni, 5.42% Mn and 40.9g/t Sc from 45m.

That’s the 6th best cobalt intercept in Australia for 2022, the JV says.

Buy now, pay later stock Sezzle (ASX:SZL) enjoyed strong revenue growth and its second straight month of profitability in December.

December’s Net Income of US$1.8m caused the swing to US$0.5M Net Income for 4Q22 — compared to a Net Loss of US$25.9M in 4Q21.

Cosmo Metals (ASX:CMO) has announced a base metals discovery at its Yamarna project, with first drilling in the area since 2017 pulling up a highlight 7m @ (4.02% Zn + Pb) and 11.84 g/t Ag from 73m.

Early results suggest this may be “the distal edge of a larger system”, CMO says.

And medtech MedAdvisor (ASX:MDR) says operating revenue in the second quarter of FY23 was up 89.9% to $44.1m compared to the same period last year.

LOSERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).