Top 10 at 10: Which ASX gold and payment stocks are on a tear Tuesday?

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).

Code	Company	Price	%	Volume	Market Cap
GMN	Gold Mountain Ltd	0.004	33%	1,500,000	$5,909,798
MCT	Metalicity Limited	0.002	33%	501,700	$5,256,809
SIH	Sihayo Gold Limited	0.0025	25%	1,250,000	$12,204,256
WSR	Westar Resources	0.062	24%	4,470,488	$5,559,711
OFX	OFX Group Ltd	1.89	23%	677,451	$375,143,184
TSL	Titanium Sands Ltd	0.011	22%	400,000	$12,657,581
PFT	Pure Foods Tas Ltd	0.16	21%	137,324	$14,540,539
AL8	Alderan Resource Ltd	0.007	17%	21,428	$3,700,168
OAU	Ora Gold Limited	0.0035	17%	11,027,345	$11,810,775
BAT	Battery Minerals Ltd	0.004	14%	1,000,235	$11,749,298

Gold developer Sihayo Gold (ASX:SIH) saying using caustic leaching will be ”truly transformational” to its Starter Project.

Benefits include an 18% uplift in Life of Mine (LOM) gold production compared with 2022 Feasibility Study Update, and a 48% uplift in Post-Tax NPV.

Caustic leaching involves using sodium hydroxide (caustic soda) on the transitional and fresh mineralisation at a high pH (pH 13) prior to carbon in leach (CIL) gold recovery.

International money services provider OFX Group (ASX:OFX) reported net operating income (NOI) of $214.1m for the year ending March 31, up 45.6% on the prior corresponding period.

In FY24 OFX expects to grow NOI to between $225m and $243m.

LOSERS

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

Code	Company	Price	%	Volume	Market Cap
CLE	Cyclone Metals	0.001	-33%	190,000	$13,633,872
IS3	I Synergy Group Ltd	0.007	-30%	5,000	$2,890,804
GNM	Great Northern	0.0025	-17%	5,128,272	$6,408,941
SCU	Stemcell United Ltd	0.003	-14%	1,874,577	$4,496,554
TYM	Tymlez Group	0.006	-14%	9,569,900	$7,645,367
ARD	Argent Minerals	0.009	-10%	608,979	$11,764,812
IXU	Ixup Limited	0.04	-9%	10,000	$45,561,678
JCS	Jcurve Solutions	0.04	-9%	2,511	$14,447,111
LSR	Lodestar Minerals	0.005	-9%	165,000	$10,138,685
NIM	Nimyresourceslimited	0.2	-9%	19,000	$14,931,136