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Top 10 at 10:These ASX rare earths, nickel and copper stocks are frontrunners in early trade
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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 | % | Volume | Price | Market Cap |
|---|---|---|---|---|---|
| SBR | Sabre Resources | 25% | 608,000 | 0.005 | $8,139,254.60 |
| EVE | EVE Health Group Ltd | 20% | 300,000 | 0.003 | $10,774,521.39 |
| EPM | Eclipse Metals | 19% | 1,108,659 | 0.038 | $61,476,045.22 |
| TZN | Terramin Australia | 19% | 1,092,107 | 0.038 | $67,730,007.04 |
| CNR | Cannon Resources | 17% | 534,639 | 0.48 | $31,513,958.74 |
| RIM | Rimfire Pacific | 17% | 193,420 | 0.007 | $10,837,468.41 |
| ROG | Red Sky Energy. | 17% | 430,000 | 0.007 | $31,813,363.18 |
| XST | Xstate Resources | 17% | 1,610,555 | 0.0035 | $9,645,544.95 |
| HMX | Hammer Metals Ltd | 16% | 3,047,620 | 0.1 | $70,089,537.58 |
| AHQ | Allegiance Coal Ltd | 16% | 267,689 | 0.58 | $194,910,070.00 |
Critical minerals explorer Eclipse Metals (ASX:EPM) says soil/rock sampling results further demonstrate the rare earth and polymetallic potential of its Greenland prospects.
Cannon Resources (ASX:CNR) has increased its nickel resource at the ‘Musket’ prospect by 44% to 45,500t.The overall ‘Fisher East’ project resource increases to 91,800t nickel in three deposits.
And Hammer Metals (ASX:HMX) pulls up 11m at 5% copper and 2.5g/t gold from 24m at Mt Isa in Queensland, right next to a big geophysical target.
“Copper grades above 5% are rare, especially with the potential relationship of this intercept to a nearby sizeable geophysical target,” MDS Daniel Thomas says. “Given the absence of graphite in the immediate area, the conductor may represent a prospective sulphide horizon.”
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | % | Volume | Price | Market Cap |
|---|---|---|---|---|---|
| CLE | Cyclone Metals | -20% | 15,017,513 | 0.004 | $25,521,184.91 |
| NIC | Nickel Mines Limited | -14% | 24,488,826 | 1.27 | $3,869,148,129.15 |
| G88 | Golden Mile Res Ltd | -13% | 2,125,192 | 0.054 | $10,727,136.34 |
| OEX | Oilex Ltd | -13% | 373,564 | 0.0035 | $28,451,806.08 |
| M3M | M3Mininglimited | -9% | 384 | 0.155 | $5,340,231.76 |
| ERM | Emmerson Resources | -8% | 180,655 | 0.11 | $59,918,218.68 |
| ALY | Alchemy Resource Ltd | -8% | 2,911,249 | 0.011 | $11,428,138.68 |
| GML | Gateway Mining | -8% | 90,000 | 0.011 | $27,121,276.40 |
| MRC | Mineral Commodities | -8% | 38,000 | 0.115 | $66,873,829.25 |
| PRM | Prominence Energy | -8% | 1,181,306 | 0.012 | $16,764,914.65 |
