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 |
|---|---|---|---|---|---|
| RDN | Raiden Resources Ltd | 0.012 | 50% | 5,690,455 | $11,339,537.06 |
| RC1 | Redcastle Resources | 0.023 | 44% | 21,459,859 | $4,572,546.48 |
| CDD | Cardno Limited | 0.145 | 32% | 160,861 | $4,299,993.09 |
| SZL | Sezzle Inc. | 0.49 | 26% | 250,272 | $78,315,218.28 |
| IOU | Ioupay Limited | 0.081 | 23% | 8,261,594 | $36,564,796.29 |
| TAR | Taruga Minerals | 0.024 | 20% | 220,000 | $11,560,964.80 |
| ERD | Eroad Limited | 1.68 | 20% | 17,686 | $155,589,576.36 |
| DTR | Dateline Resources | 0.115 | 19% | 1,111,648 | $48,085,841.04 |
| KFE | Kogi Iron Ltd | 0.004 | 14% | 3,080,000 | $5,661,522.15 |
| TNY | Tinybeans Group Ltd | 0.2 | 14% | 20,992 | $10,682,786.98 |
Today’s biggest winners are led by Raiden Resources (ASX:RDN) whose maiden diamond drilling program on the Vuzel gold project in southeastern Bulgaria uncovered near-surface gold mineralisation.
Results include 17m @ 1.13g/t Au from 1m, and 10m @ 1.18g/t Au from 7.7m.
MD Dusko Ljubojevic said the gold intercepts indicate the continuity of shallow gold mineralisation in the central part of the Vuzel prospective zone.
“This provides a very positive confirmation of the extensive geological potential the Vuzel licence area has for further epithermal low sulphidation style gold deposits, such as Dundee Precious Metals (TSX:DPM) Ada Tepe open pit mine, located 30km southeast of the Vuzel discovery,” he said.
“Planning is currently underway to expedite a follow-up drill program aimed at defining the full extents of the mineralisation within this potentially large system and to explore for potential higher-grade zones within the system.”
And Redcastle Resources (ASX:RC1) has flagged numerous shallow high-grade results at its flagship gold project in WA – including 10m at 29.16g/t from 6m.
The aim now is to continue the exploration program to extend the strike length of the near-surface known mineralisation, and to complete further RC drill holes to test the extent of gold mineralisation at other targets.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
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