Top 10 at 10: Who’s up 120% on a NVIDIA deal?

Pic: Via Getty

Stockhead’s Top 10 at 10, published at ~10.40am 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 made market-moving announcements (click headings to sort).

Code	Company	Price	%	Volume	Market Cap
5GG	Pentanet	0.1	100%	12,483,580	$18,686,361
MCT	Metalicity Limited	0.003	50%	110,000	$8,970,108
RR1	Reach Resources Ltd	0.004	33%	135,011	$9,835,977
ASP	Aspermont Limited	0.012	33%	1,970,000	$22,100,712
KAL	Kalgoorliegoldmining	0.026	30%	2,850,694	$3,170,014
ASR	Asra Minerals Ltd	0.005	25%	305,201	$6,655,983
CTO	Citigold Corp Ltd	0.005	25%	1,250,000	$12,000,000
IVX	Invion Ltd	0.006	20%	30,000	$32,122,661
MHC	Manhattan Corp Ltd	0.003	20%	820,000	$7,342,449

Cloud gaming stock Pentanet (ASX:5GG) will extend the GeForce NOWTM Alliance Partner Agreement with NVIDIA to include New Zealand, with more to come.

5GG’s gaming segment maintained positive EBITDA and achieved an encouraging 52% QoQ paid membership growth in Q2FY24, up from 26% in the prior quarter.

Kalgoorlie Gold Mining (ASX:KAL) drilled into thick, shallow gold at the Kirgella Gift prospect, which shows early similarities to miner Ramelius Resources’ (ASX:RMS) nearby Rebecca project.

Highlights include 33m at 3.10g/t from 51m depth.

LOSERS

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

Code	Company	Price	%	Volume	Market Cap
TKL	Traka Resources	0.001	-50%	200,000	$3,501,317
MRD	Mount Ridley Mines	0.001	-33%	348,554	$11,677,324
MOM	Moab Minerals Ltd	0.005	-29%	61,875	$4,983,744
1MC	Morella Corporation	0.003	-25%	25,020	$24,715,198
OPL	Opyl Limited	0.022	-21%	3,898	$4,735,610
AVE	Avecho Biotech Ltd	0.004	-20%	3,396,218	$15,846,485
ME1	Melodiol Glb Health	0.004	-20%	282,267	$1,964,980
SYR	Syrah Resources	0.565	-18%	2,835,296	$466,041,723
ADD	Adavale Resource Ltd	0.005	-17%	2,484,760	$6,067,033

Battling graphite miner Syrah Resources (ASX:SYR) will raise ~$98m via placement and entitlement offer at 55c per share, a discount of 21.4% to SYR’s closing price of 70c per share on the ASX on 12 March.

Gaming