Top 10 at 11: Lithium, gold, lithium and REEs and lithium seem to be the theme for the day. Again.
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Stockhead’s Top 10 at shortly-before-11-ish, published once I’ve had a chance to make sense of who’s going where, and for what reason, which is harder than it sounds because sometimes things just move on their own, like there’s a poltergeist haunting the ASX and it’s the spirit of an angry old lady who once fell into a boiling vat of small cap stocks and her spirit lingers on as she searches fruitlessly for revenge, or sufficient gains.
Top 10 highlights the best (and sometimes worst) performing ASX stocks in morning trade using live, fresh out of the deep-fryer data.
It’s 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.
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
Code | Company | Price | % | Volume | Market Cap |
---|---|---|---|---|---|
CDR | Codrus Minerals Ltd | 0.105 | 50% | 3,064,051 | $5,305,300 |
CCE | Carnegie Cln Energy | 0.0015 | 50% | 2,889,627 | $15,642,574 |
KGD | Kula Gold Limited | 0.018 | 38% | 2,927,532 | $4,851,755 |
ROG | Red Sky Energy. | 0.005 | 25% | 300,000 | $21,208,909 |
DES | Desoto Resources | 0.13 | 24% | 327,043 | $6,292,283 |
EMC | Everest Metals Corp | 0.13 | 18% | 12,337 | $14,661,142 |
COY | Coppermoly Limited | 0.013 | 18% | 150,568 | $5,831,396 |
RDN | Raiden Resources Ltd | 0.034 | 17% | 37,584,096 | $66,391,435 |
GMN | Gold Mountain Ltd | 0.007 | 17% | 750,572 | $13,614,472 |
SRZ | Stellar Resources | 0.014 | 17% | 4,434,022 | $12,071,571 |
Codrus Minerals (ASX:CDR) – spiking this morning on news that widespread clay-hosted REE mineralisation has been intersected in the company’s first AC drill program, substantially expanding the high-grade clay-hosted rare earth discovery.
Desoto Resources (ASX:DES) – up on news that diamond drilling cores from two holes have been sent to the lab to assayed from the Fenton Gold Project in the Northern Territory.
Raiden Resources (ASX:RDN) – up this morning after revealing high-grade lithium and rubidium samples and a new 50m wide mineralised pegmatite at Andover South, grading up to 2.42% Li2O.
Kula Gold (ASX:KGD) – up on news that the first hole at the Mustang Lithium Prospect, within the Kirup Lithium Project has been successful in intersecting pegmatites over four intervals to 132m, ranging from 2m to 9m.
Everest Metals (ASX:EMC) – up on no news.
Stellar Resources (ASX:SRZ) – Up on news that results from the maiden exploration drill confirm a significant new high-grade polymetallic discovery in NE Tasmania.
Gold Mountain (ASX:GMN) – up this morning after releasing an update yesterday on its progress looking for lithium pegmatites at Cerro Cora – Porta D’Agua, Brazil.
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
Code | Company | Price | % | Volume | Market Cap |
---|---|---|---|---|---|
MEB | Medibio Limited | 0.001 | -33% | 50,000 | $9,151,116 |
CYQ | Cycliq Group Ltd | 0.004 | -20% | 24,781 | $1,787,583 |
OAK | Oakridge | 0.083 | -16% | 7,739 | $1,702,372 |
ASE | Astute Metals NL | 0.041 | -15% | 446,135 | $17,723,823 |
GCR | Golden Cross | 0.003 | -14% | 694,160 | $3,840,396 |
RMX | Red Mount Min Ltd | 0.003 | -14% | 44,400 | $9,357,516 |
TAS | Tasman Resources Ltd | 0.006 | -14% | 100,000 | $4,988,685 |
GTE | Great Western Exp. | 0.035 | -13% | 32,706 | $10,107,925 |
GTI | Gratifii | 0.008 | -11% | 160,000 | $11,913,815 |
HNR | Hannans Ltd | 0.008 | -11% | 214,900 | $24,521,443 |
Oakridge International (ASX:OAK) – down 16% on no news.
Red Mountain Mining (ASX:RMX) – down on news of a security purchase plan.
Great Western Exploration (ASX:GTE) – down on news that drilling at its Firebird Gold Project has hit some not-excellent intercepts.