There's nothing quite like a happy, glowing uranium smile in the morning. Pic via Getty Images.
Top 10 at 11: Big investment windfalls and glowing uranium results are today’s headlines
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Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms that have made announcements.
The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading.
Briefly, here’s what’s been happening already this morning: Local markets have taken Wall Streets lead and opened higher this morning, with the gains led by Resources, the goldies and a smattering of high-performing Small Caps. The sectors are a little mixed at open, though, with Real Estate taking a bit of a hit early doors, and Tech stocks also struggling to move above break-even.
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Description | Last | % | Volume | MktCap |
|---|---|---|---|---|---|
| JAV | Javelin Minerals | 0.002 | 100.0 | 1,440,000 | $4,276,846 |
| CR9 | Corella Resources | 0.009 | 80.0 | 5,816,146 | $2,325,462 |
| SIT | Site Group | 0.003 | 50.0 | 333,333 | $5,204,980 |
| POS | Poseidon Nick | 0.004 | 33.3 | 75,750 | $11,140,604 |
| VRC | Volt Resources | 0.004 | 33.3 | 100,000 | $12,476,034 |
| GT1 | Green Technology Metals | 0.08 | 25.0 | 655,620 | $20,592,134 |
| KOB | Koba Resources | 0.155 | 24.0 | 1,122,981 | $19,820,202 |
| M2R | Miramar | 0.0085 | 21.4 | 20,379,762 | $2,763,457 |
| BSX | Blackstone | 0.03 | 20.0 | 305,506 | $13,159,070 |
| ADD | Adavale Resource | 0.003 | 20.0 | 363,333 | $3,028,580 |
Corella Resources (ASX:CR9) was up Tuesday morning on news that it has been granted government funding to fast track an R&D program to investigate a new and alternative HPA Flowsheet for its Tampu kaolin deposit in Western Australia, in conjunction with an industry partner and the Chemical Engineering division of the University of Queensland.
Green Technology Metals (ASX:GT1) was climbing early on news of the execution of a Framework Agreement and corporate Subscription Agreement with leading South Korean EV battery metals producer EcoPro Innovation Co, which will bring in $8 million via a two-tranche placement at a premium of 40% over the company’s 90-day VWAP, as part of GT1’s strategy to become the first integrated lithium producer in Ontario.
Also in Canada, Koba Resources (ASX:KOB) was gaining on Tuesday after announcing “exceptionally high-grade rock chip assays” from its inaugural sampling and prospecting program at the Harrier Uranium Project, including samples as high as 74,800ppm (7.48%) U3O8, and 72,000ppm (7.20%) U3O8, with a further 5 samples assaying >30,000ppm (3.0%) U3O8.
LAGGARDS
Stocks highlighted in red have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| 1TT | Thrive Tribe Tech | 0.0015 | -25.0 | 15,746,388 | $1,223,243 |
| BCT | Bluechiip Limited | 0.003 | -25.0 | 245,000 | $4,728,158 |
| MEL | Metgasco Ltd | 0.003 | -25.0 | 27,616,701 | $5,790,347 |
| BYH | Bryah Resources Ltd | 0.004 | -20.0 | 3,132 | $2,516,434 |
| PRX | Prodigy Gold NL | 0.002 | -20.0 | 35,000 | $5,294,436 |
| RGL | Riversgold | 0.004 | -20.0 | 1,777,122 | $6,637,313 |
| MPK | Many Peaks Minerals | 0.15 | -16.7 | 1,054,099 | $12,879,238 |
| LML | Lincoln Minerals | 0.005 | -16.7 | 719,999 | $12,337,557 |
| YAL | Yancoal Aust Ltd | 5.82 | -16.4 | 4,302,598 | $9,190,258,482 |
| WMG | Western Mines | 0.265 | -15.9 | 66,390 | $25,483,839 |
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
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