Stockhead’s Top 10 at 11, 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
AL3 Aml3D 0.085 35% 1,177,634 $14,839,884
EDE Eden Inv Ltd 0.004 33% 936,112 $8,990,911
MCT Metalicity Limited 0.002 33% 500,000 $5,604,129
SHG Singular Health 0.047 21% 580,000 $5,511,100
CCO The Calmer Co Int 0.006 20% 2,450,314 $4,085,596
LLI Loyal Lithium Ltd 0.53 18% 1,562,026 $30,820,500
ICG Inca Minerals Ltd 0.02 18% 286,000 $8,245,170
ME1 Melodiol Glb Health 0.007 17% 382,356 $17,338,494
ATH Alterity Therap Ltd 0.008 14% 450,000 $17,079,283
FME Future Metals NL 0.04 14% 271,763 $14,462,141
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AML3D (ASX:AL3), an industrials manufacturer that specialises in 3D printed metals, has won a $2m contract to produce submarine parts for the US Navy.

The company will be using its ‘ARCEMY’ tech to manufacture parts that are no longer made by the original provider, solving a critical supply chain issue for the US Navy.

The contract will run for a period of nine months starting in September 2023 and the company says the parts will use a nickel-aluminium-bronze alloy.

• Health tech firm Singular Health Group (ASX:SHG) is also getting some love from the US of A this morning, announcing a significant strategic investment from its master distributor in the States.

CG1 Ventures LLC is a venture arm of Singular’s recently appointed master distributor for the USA, CG1 Solutions LLC, and will be investing up to $850,000 at AUD$0.055 per share, a 41% premium to the last closing price of $0.039, and the same price as the company’s last capital raise.

• Up-and-coming lithium hunter Loyal Lithium (ASX:LLI) has this morning announced the discovery of five spodumene-bearing pegmatite dykes at the Trieste Lithium Project in the lithum-bountiful James Bay, Canada.

The company reports that the five dykes, with aligned implied continuous outcrops, have been identified within a 6km2 area to the south of the Trieste Greenstone Belt, “situated in a metasediment host – leaving several high value greenstone targets yet to be explored”.

Preparation for drilling activities at these locations is set to commence imminently.

 

LOSERS

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

Code Company Price % Volume Market Cap
WEL Winchester Energy 0.002 -33% 4,000 $3,061,266
XTC Xantippe Res Ltd 0.001 -33% 1,200,000 $17,220,150
OAK Oakridge 0.13 -21% 59,448 $2,837,287
ELE Elmore Ltd 0.005 -17% 3,430,039 $8,396,303
NAE New Age Exploration 0.005 -17% 82 $8,615,393
FCL Fineos Corp Hold PLC 2.18 -15% 623,563 $817,136,471
LRL Labyrinth Resources 0.006 -14% 399,724 $8,312,806
1MC Morella Corporation 0.007 -13% 770,000 $48,788,644
OMX Orangeminerals 0.039 -11% 12 $2,185,364
RMX Red Mount Min Ltd 0.004 -11% 50,000 $11,359,580
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Healthcare tech equipment solutions firm Oakridge International (ASX:OAK) has provided a response to an ASX query about the reason for a recent bump up in the OAK share price. Your guess is as good as ours, was essentially the company’s response:

“OAK is not aware of any information that would explain the recent price increase.”