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 – for better or worse – and then I do my best to make sense of who’s moving where and why it might be happening.

Anyway… here’s what’s been happening since the doors were opened this morning.

The ASX opened lower with the benchmark falling sharply but recovering to be around -0.5% after half an hour of trading… but there are a handful of small caps on hand to bring us a few shards of good news.



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

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Wellard (ASX:WLD) was surging early on news that the company has signed paperwork to offload one of its oldest livestock ships, the M/V Ocean Ute, for $12 million, the majority of which is set to be returned directly to shareholders in a manner that is yet to be determined by the company.

Infini Resources (ASX:I88) announced its maiden field sampling assay results at its 100% owned Portland Creek Uranium Project in Newfoundland, Canada, where the company says the results have exceeded laboratory testing limitations in 17 samples – meaning they are above 1.18% (11,792ppm) U3O8 – and have been sent for additional testing, with other high range samples close to the upper limit for testing of this type. The company says that 52% of the samples tested have come back with readings above 1,000ppm U3O8.

Classic Minerals (ASX:CLZ) was up on news that it has received a funding payment of $155,097.13 under an existing agreement with AuResources AG, taking the total received so far by Classic to $255,376.06 from an initial tranche of $15.3 million.

Argent Minerals (ASX:ARD) was up on news that extensive silver, lead and zinc mineralisation confirmed by a third rock chip reconnaissance program over the Sugarloaf Hill Mineralised Zone within the Kempfield Project in NSW, with silver assays up to 99 g/t Ag, 0.23% Pb and 1% Zn received.

Antilles Gold (ASX:AAU) has advised that on 28 June, 2024, shareholders of the Cuban joint venture mining company, Minera La Victoria SA, formally adopted previously agreed modifications to the existing Joint Venture Agreement, paving the way for the companies to pursue a strategy to progressively evolve as a substantial mining company, with “minimal future contributions required from Antilles Gold”.



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

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