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).

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Invictus Energy (ASX:IVZ) is up this morning on news of a gas discovery in the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe.

Blaze Minerals (ASX:BLZ) is up this morning after announcing multiple high-grade channel samples from all spodumene bearing pegmatites identified at its North Spirit lithium project in Ontario, Canada.

Finder Energy Holdings (ASX:FDR) is climbing this morning after revealing its found a “large analogue” close to Buzzard Field, which is the largest UK Continental Shelf oil discovery in the last 25 years and is estimated to contain over 1 billion barrels.

Torque Metals (ASX:TOR) is gaining this morning on news that it’s found high-grade lithium (spodumene) lodes intersected at its New Dawn project, 200m west of Mineral Resources’ Bald Hill lithium mine, with peak grade of 3.99% Li2O from 52m.

Sarytogan Graphite (ASX:SGA) is up and celebrating that its first graphite purification effort on bulk concentrate provided by the company has purified the graphite from 81.4% TGC to a new best of 99.998% C at the kilogram scale.

 

LOSERS

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

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5E Advanced Materials (ASX:5EA) is down this morning, after announcing that it has entered into a restructuring arrangement, through the placement of up to $35 million at a price of $1.025 per share of the Company’s common stock to Ascend and other members of the investor group, as well as Bluescape should the latter decide to exercise its options to participate.