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
BPH BPH Energy Ltd 0.027 50% 21486170 $15,796,781
FAU First Au Ltd 0.004 33% 125000 $3,284,350
AMD Arrow Minerals 0.005 25% 1000000 $11,633,242
THR Thor Energy PLC 0.005 25% 2239898 $5,912,451
BUY Bounty Oil & Gas NL 0.011 22% 4411335 $12,334,509
AKO Akora Resources 0.17 17% 230479 $10,467,580
FIN FIN Resources Ltd 0.014 17% 66246 $6,767,758
RIM Rimfire Pacific 0.007 17% 713000 $11,861,468
LPM Lithium Plus 0.25 16% 52000 $10,940,963
IVX Invion Ltd 0.008 14% 1001227 $44,940,645
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Gold explorer First AU (ASX:FAU) is among this morning’s biggest winners after announcing it has secured a drill rig and is planning to start drilling at the Haunted Stream Project in Victoria’s East Gippsland region in April.

The Haunted Stream Project contains more than 150 historical workings that produced gold from the 1860s up until the early 1900s, extends over 8.5km in strike length and has the potential to be of significant scale.

Proposed drill targets include historical workings, Ernestine (927oz @ 39g/t Au production) and Hibernia (816oz @ 17g/t AU reported production).

FAU announced recently it’s spreading its wings with the signing of an agreement to acquire a lithium project in Western Australia’s Pilbara region, which is close to projects held by the likes of Pilbara Minerals, Mineral Resources and Sayona Mining.

Akora Resources (ASX:AKO) has risen this morning after announcing Bekisopa Southern Zone DSO infill drilling results confirm significant areas and intercepts of high-grade iron mineralisation.

AKO said the drill hole program was completed with all holes intercepting iron mineralisation and 72 drill holes intercepting high-grade Direct Shipping Ore (DSO) iron mineralisation.

Significant high-grade iron mineralisation intercepts within the weathered zone and from surface that are suitable for DSO lumps and fines products, include:

Source: Akora Resources

“The 2022 Bekisopa DSO infill drilling results are outstanding, showing a broad area across the Southern Zone of better than benchmark grade iron mineralisation,” AKO managing director and CEO  Paul Bibby said.

 

LOSERS

Stocks highlighted in yellow have made market-moving announcements (click headings to sort).

Code Company Price % Volume Market Cap
MCT Metalicity Limited 0.002 -33% 230,000 $10,513,618
MEB Medibio Limited 0.001 -33% 50,000 $6,225,891
NNG Nexion Group 0.022 -19% 808,060 $4,112,312
SIX Sprintex Ltd 0.04 -18% 62,500 $12,463,362
MGA Metals Grove Mining 0.125 -17% 2,328 $5,400,075
MXC MGC Pharmaceuticals 0.011 -15% 5,069,637 $37,263,815
GNM Great Northern 0.003 -14% 20 $5,981,678
PNT Panther Metals 0.13 -13% 9,925 $4,612,500
DOU Douugh Limited 0.007 -13% 112,504 $7,871,187
MRD Mount Ridley Mines 0.0035 -13% 500,000 $31,139,531
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