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 |
|---|---|---|---|---|---|
| AOA | Ausmon Resorces | 0.0065 | 30% | 1,320,075 | $4,286,446.72 |
| OXX | Octanex Ltd | 0.015 | 25% | 10 | $3,107,732.23 |
| HMD | Heramed Limited | 0.15 | 25% | 134,482 | $25,426,538.16 |
| ARE | Argonaut Resources | 0.0025 | 25% | 2,050,001 | $7,212,409.56 |
| HMY | Harmoney Corp Ltd | 0.86 | 25% | 44,755 | $69,703,085.16 |
| AGD | Austral Gold | 0.051 | 21% | 300,000 | $25,717,076.83 |
| CAD | Caeneus Minerals | 0.006 | 20% | 166,666 | $23,303,025.37 |
| GLV | Global Oil & Gas | 0.003 | 20% | 33,333 | $4,683,386.77 |
| OAR | OAR Resources Ltd | 0.006 | 20% | 100,000 | $10,855,189.49 |
| XST | Xstate Resources | 0.003 | 20% | 1,100,000 | $8,037,954.13 |
Today’s biggest winners are led by Ausmon Resources (ASX:AOA) who’ve been granted three new tenements for rare earth elements (REE) exploration in South Australia.
REE have been designated critical minerals by Australia, EU, USGS and IEA and are used in rare earth permanent magnets for electric vehicles (EV), wind turbines and various electronic devices.
Notably, Australian Rare Earths (ASX:AR3) has a large foothold in the region and two weeks ago announced a 104% increase in its JORC inferred mineral resource to 81.4 MT at 785ppm Total Rare Earth Oxides (TREO) at their Koppamurra project.
Also among the winners is Heramed (ASX:HMD), which reported positive results from its HeraBEAT smart foetal HR monitor clinical trial at Israel’s Sheba Medical Centre.
The study found that remote telemedicine foetal wellbeing assessment, which included the usage of the HeraBEAT, is feasible and time-saving – with a 60% reduction on the average appointment length.
And non-bank lender Harmoney (ASX:HMY) has delivered FY22 Cash NPAT profitability on a proforma basis.
Its proforma loan book has reached $685 million in FY22, up 37% on pcp. The Australian loan book grew to $287 million, up 113% on pcp.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| AHQ | Allegiance Coal Ltd | 0.32 | -43% | 1,081,042 | $218,299,278.40 |
| TOR | Torque Met | 0.15 | -32% | 3,000 | $13,886,389.66 |
| CLE | Cyclone Metals | 0.003 | -25% | 183,333 | $24,416,947.93 |
| ASR | Asra Minerals Ltd | 0.022 | -24% | 4,790,983 | $38,859,298.78 |
| ZLD | Zelira Therapeutics | 2.61 | -21% | 12,049 | $31,508,711.64 |
| CFO | Cfoam Limited | 0.004 | -20% | 129,976 | $3,669,203.17 |
| GSN | Great Southern | 0.034 | -15% | 442,705 | $21,294,683.44 |
| ROO | Roots Sustainable | 0.003 | -14% | 695,000 | $2,623,714.41 |
| KFE | Kogi Iron Ltd | 0.0035 | -13% | 400,000 | $6,470,311.02 |
| NVU | Nanoveu Limited | 0.015 | -12% | 40,000 | $3,783,451.81 |