Some bastard gave me Covid so I'm spending the rest of my day like this. Pic via Getty Images.
Top 10 at 11: Boron, lithium and a biotech breakthrough are driving the market this morning
News
share
Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, 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.
The market opened at 10am (eastern time) and the data was taken at 10:15am, once every ASX stock has started trading – for better or worse.
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| SIT | Site Group Int Ltd | 0.0035 | 40% | 9,240,846 | $6,506,226 |
| CHM | Chimeric Therapeutic | 0.04 | 38% | 28,688,690 | $15,996,234 |
| AMM | Armada Metals | 0.055 | 38% | 915,234 | $6,902,723 |
| 5EA | 5Eadvanced | 0.385 | 20% | 571,778 | $97,288,352 |
| ASP | Aspermont Limited | 0.012 | 20% | 4,079,864 | $24,387,637 |
| LVT | Livetiles Limited | 0.006 | 20% | 33,667 | $5,885,553 |
| MOH | Moho Resources | 0.012 | 20% | 4,330,713 | $5,100,666 |
| NWF | Newfield Resources | 0.13 | 18% | 100,000 | $97,025,197 |
| EEL | Enrg Elements Ltd | 0.007 | 17% | 19,434 | $6,059,790 |
| LML | Lincoln Minerals | 0.007 | 17% | 269,999 | $10,163,072 |
5E Advanced Materials (ASX:5EA) – Up on news that its been given the green light to get things moving at its boron project by the US EPA.
Armada Metals (ASX:AMM) – Up on news that the company has signed a binding term sheet to acquire 16,750.28 hectares in the eastern portion of Minas Gerais State, Brazil from exploration company Antares Minerais Estratégicos, to go hunting for lithium.
Chimeric Therapeutics (ASX:CHM) – Up this morning on news of positive in vitro data for CHM 1301, its next generation chlorotoxin (CLTX) chimeric antigen receptor (CAR) NK cell therapy program
Site Group International (ASX:SIT) – Rising today on news of a major education and training contract in the Philippines.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| ACM | Aus Critical Mineral | 0.2 | -44% | 2,826,321 | $10,703,250 |
| ME1 | Melodiol Glb Health | 0.002 | -33% | 3,026,536 | $12,654,126 |
| APX | Appen Limited | 0.615 | -29% | 2,605,993 | $135,584,185 |
| KPO | Kalina Power Limited | 0.004 | -20% | 626,981 | $7,575,979 |
| LSR | Lodestar Minerals | 0.004 | -20% | 44,937 | $10,116,987 |
| MGT | Magnetite Mines | 0.295 | -18% | 547,467 | $27,635,418 |
| NMT | Neometals Ltd | 0.2 | -18% | 651,163 | $134,633,654 |
| 1MC | Morella Corporation | 0.006 | -14% | 261,324 | $43,145,149 |
| SGC | Sacgasco Ltd | 0.006 | -14% | 704,620 | $5,415,079 |
| WSR | Westar Resources | 0.026 | -13% | 5,233,670 | $5,560,725 |
Australian Critical Minerals (ASX:ACM) – Down this morning after announcing it has identified 10 priority targets in the untested goldilocks zone at its Cooletha Lithium Project in WA.
Kalina Power (ASX:KPO) – Down this morning after extending the closing date of its entitlement offer.
ReNu Energy (ASX:RNE) y – Down after announcing an entitlement offer and delivering an investor presentation to the market.
Magnetite Mines (ASX:MGT) – Down this morning ahead of the company’s AGM later today.
Appen (ASX:APX) – Falling on news that the institutional component of its 1 for 3.65 accelerated non-renounceable entitlement offer has been completed.
Neometals (ASX:NMT) – Showing a drop this morning after closing out a $9.0 million placement.
