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 commenced trading.
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| FAL | Falconmetalsltd | 0.285 | 54% | 402,843 | $32,745,000.00 |
| AXP | AXP Energy Ltd | 0.005 | 25% | 11,558,537 | $23,248,722.69 |
| GLV | Global Oil & Gas | 0.003 | 20% | 744,996 | $4,683,386.77 |
| RIE | Riedel Resources Ltd | 0.006 | 20% | 1,725,427 | $5,358,535.31 |
| ADV | Ardiden Ltd | 0.007 | 17% | 444,942 | $16,010,012.14 |
| RMX | Red Mount Min Ltd | 0.007 | 17% | 183,333 | $9,854,183.15 |
| EXL | Elixinol Wellness | 0.043 | 16% | 829,402 | $11,701,826.13 |
| MXC | Mgc Pharmaceuticals | 0.022 | 16% | 3,553,391 | $51,837,583.19 |
| LRL | Labyrinth Resources | 0.023 | 15% | 148,000 | $17,467,335.10 |
| PTX | Prescient Ltd | 0.18 | 13% | 1,702,680 | $104,691,688.48 |
Today’s biggest winners are led by Falcon Metals (ASX:FAL) who’ve flagged aircore results of 40m at 2.81g/t gold from 50m at the Ironbark East prospect – part of its Pyramid Hill project in Victoria.
“These results are indicative of the quality of our ground position and targets, and the potential of the Bendigo Zone to host high-grade gold mineralisation,” MD Tim Markwell said.
“Being in the fortunate position of having a strong cash balance, we look forward to completing an assessment of these encouraging results and planning for a major work program in the coming months.”
The company aims to secure two more aircore rigs for infill drilling at the Ironbark East and other key prospects at the project.
Riedel Resources (ASX:RIE) says assays from the Tintic zone at its Kingman gold project in Arizona, USA, have returned high-grade gold and silver results, including 1.5m at 27.5g/t Au and 37g/t Ag from 13.7m.
And Prescient (ASX:PTX) has nabbed orphan drug designation from the USA Food and Drug Administration (FDA) for its PTX-100 treatment of peripheral T-cell lymphomas (PTCL).
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| ANL | Amani Gold Ltd | 0.001 | -33% | 301,503 | $35,540,161.69 |
| T3D | 333D Limited | 0.0015 | -25% | 220,685 | $6,068,593.34 |
| SIH | Sihayo Gold Limited | 0.0025 | -17% | 240,000 | $18,306,384.27 |
| DUN | Dundasminerals | 0.12 | -14% | 3,600 | $5,379,478.30 |
| VKA | Viking Mines Ltd | 0.006 | -14% | 588,235 | $7,176,809.02 |
| 88E | 88 Energy Ltd | 0.013 | -13% | 54,664,138 | $249,153,111.09 |
| AKO | Akora Resources | 0.175 | -13% | 161,300 | $12,619,388.80 |
| OSX | Osteopore Limited | 0.16 | -11% | 39,792 | $21,108,282.84 |
| BTE | Botalaenergyltd | 0.18 | -10% | 60,000 | $10,432,000.00 |
| DEV | Devex Resources Ltd | 0.27 | -10% | 88,886 | $94,255,190.70 |