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
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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
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