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 |
|---|---|---|---|---|---|
| JAV | Javelin Minerals Ltd | 0% | 50% | 2,024,644 | $9,454,152.77 |
| TYX | Tyranna Res Ltd | 5% | 35% | 20,748,475 | $79,470,262.68 |
| XST | Xstate Resources | 0% | 25% | 15,130,787 | $6,430,363.30 |
| OXX | Octanex Ltd | 2% | 20% | 40,000 | $3,884,665.29 |
| GLV | Global Oil & Gas | 0% | 17% | 859,616 | $5,620,064.12 |
| NAE | New Age Exploration | 1% | 17% | 800,000 | $8,615,393.46 |
| BUY | Bounty Oil & Gas NL | 1% | 14% | 919,000 | $9,593,506.87 |
| AUQ | Alara Resources Ltd | 6% | 13% | 12,796 | $36,890,320.43 |
| GO2 | Thego2People | 2% | 13% | 500,000 | $6,099,573.81 |
| 1VG | Victory Goldfields | 30% | 13% | 567,289 | $10,191,408.96 |
Today’s biggest winners include Xstate Resources (ASX:XST), who’s JV partner ADX Energy (ASX:ADX) has finalised commercial arrangements which enable the long-term oil production testing for the Anshof-3 discovery well within the ADX-AT-II license in Upper Austria.
First commercial test production from the well is expected mid October 2022.
Key CITIC consignments – including the ball mill, LRS ball mill, SAG mill and crusher – have arrived at Alara Resources’ (ASX:AUQ) Al Wash-hi Majaza Copper-Gold Project in Oman.
The company says the project remains on track for completion in April 2023.
And Victory Goldfields (ASX:1VG) have confirmed a widespread rare earth element system at the North Stanmore project grading up to 2,414ppm TREO.
Executive director Brendan Clark said the extension of the high grade rare earth element mineralisation now covers an area approximately 1km2.
“Victory’s technical team believes the Company’s discovery could become a large, rare earth system based on the latest assay results and confirmation that the alkaline intrusion has the same ratios of HREO/TREO as the clay hosted system 3.5km to the south,” he said.
“The outlook is very promising as the Company also anticipates that the reported assay results will improve from future drilling activities as both the drilling and sample collection method for this program were initially designed for gold exploration and not for the collection of rare earth element-bearing samples.”
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| CCE | Carnegie Cln Energy | 0.002 | -33% | 691,848 | $45,307,721.13 |
| GGX | Gas2Grid Limited | 0.0015 | -25% | 10,686,100 | $8,116,204.16 |
| RML | Resolution Minerals | 0.009 | -22% | 3,834,964 | $10,140,081.21 |
| KFE | Kogi Iron Ltd | 0.0035 | -13% | 235,000 | $6,470,311.02 |
| PFT | Pure Foods Tas Ltd | 0.18 | -12% | 10,317 | $18,118,098.85 |
| AQI | Alicanto Min Ltd | 0.053 | -10% | 34,472 | $22,639,103.40 |
| MCT | Metalicity Limited | 0.0045 | -10% | 470,000 | $17,293,530.03 |
| LNY | Laneway Res Ltd | 0.005 | -9% | 2,425,300 | $35,959,090.26 |
| PKO | Peako Limited | 0.021 | -9% | 569,799 | $7,094,444.32 |
| AJQ | Armour Energy Ltd | 0.0065 | -7% | 500,000 | $15,809,156.13 |