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 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.
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| ATH | Alterity Therap Ltd | 0.0075 | 88% | 123,004,136 | $11,209,442 |
| YOJ | Yojee Limited | 0.007 | 56% | 830,841 | $5,877,325 |
| ATP | Atlas Pearls Ltd | 0.12 | 36% | 4,541,018 | $37,652,715 |
| GLV | Global Oil & Gas | 0.021 | 31% | 42,324,245 | $7,472,005 |
| ESR | Estrella Res Ltd | 0.006 | 20% | 375,000 | $8,795,359 |
| RWD | Reward Minerals Ltd | 0.095 | 19% | 289,085 | $18,228,251 |
| CCZ | Castillo Copper Ltd | 0.007 | 17% | 71,571 | $7,797,032 |
| MOM | Moab Minerals Ltd | 0.007 | 17% | 70,000 | $4,271,781 |
| AJX | Alexium Int Group | 0.015 | 15% | 929,342 | $8,557,343 |
| CCO | The Calmer Co Int | 0.008 | 14% | 1,328,100 | $5,719,835 |
Alterity Therapeutics (ASX:ATH) is moving quickly this morning, following the announcement of promising new data on the effect of the company’s ATH434 drug in a Parkinson’s disease primate model.
Atlas Pearls (ASX:ATP) is also climbing this morning, off the back of a massive increase in revenue from loose pearl sales at a recent auction in Japan, which saw the company achieve a 272% increase in average pearl price, from $37.77 to $102.69 on pcp.
SaaS logistics firm Yojee (ASX:YOJ) is up this morning on news of a 1:1 entitlement issue at 0.002 per share to raise up to approximately $2,611,970.
Reward Minerals (ASX:RWD) is rising on news that it has entered into a binding share sale agreement with the receivers at Kalium Lakes, to acquire the Beyondie sulphate of potash project for $20 million.
Medicinal kava company The Calmer Co International (ASX:CCO) is up this morning, after raising $700,000 through convertible notes placed with top shareholders.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| GTG | Genetic Technologies | 0.002 | -33% | 2,045,400 | $34,624,974 |
| SLB | Stelarmetalslimited | 0.26 | -26% | 210,292 | $18,167,774 |
| IND | Industrialminerals | 0.83 | -24% | 389,268 | $74,403,400 |
| LBT | LBT Innovations | 0.014 | -22% | 204,720 | $20,806,206 |
| CT1 | Constellation Tech | 0.002 | -20% | 16,356 | $3,678,001 |
| CTO | Citigold Corp Ltd | 0.004 | -20% | 1,222,813 | $14,368,295 |
| WEL | Winchester Energy | 0.002 | -20% | 183,000 | $2,551,055 |
| IVX | Invion Ltd | 0.005 | -17% | 487,100 | $38,529,793 |
| HVY | Heavymineralslimited | 0.096 | -17% | 61,060 | $6,626,710 |
| TSL | Titanium Sands Ltd | 0.011 | -15% | 1,451,210 | $23,033,461 |
Stelar Metals (ASX:SLB) is falling this morning in the wake of a fairly uninspired announcement that drilling is complete at the Trident lithium prospect in NSW, and that assay results are on the way.
Similarly, Industrial Minerals (ASX:IND) has updated the market on where things are at with exploration drilling for non-construction material minerals at Pippingarra, an active quarry operation within mining lease M45/258 in the Pilbara lithium district.