Top 10 at 11: Solid drilling results and a massive dope deal have tongues wagging today
8 years ago, they threw my mate Trev in prison for selling $5,000 worth. ECS just moved $24 million and everyone's cheering. Pic via Getty Images.
Stockhead’s Top 10 at shortly-before-11-ish, produced with a spring in my step because by this time tomorrow, I’ll be miles away fishing for flathead, and doing my best not to think about anything at all to do with numbers for a week.
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.
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| CCE | Carnegie Cln Energy | 0.002 | 100% | 250,187 | $15,642,574 |
| TOY | Toys R Us | 0.013 | 44% | 5,062,031 | $8,306,262 |
| ECS | ECS Botanics Holding | 0.029 | 32% | 15,592,823 | $24,348,075 |
| HVY | Heavymineralslimited | 0.115 | 21% | 247,224 | $5,474,239 |
| NIM | Nimyresourceslimited | 0.23 | 21% | 468,952 | $14,718,854 |
| BXN | Bioxyne Ltd | 0.013 | 18% | 120,000 | $20,918,099 |
| RMX | Red Mount Min Ltd | 0.004 | 14% | 500,000 | $9,357,516 |
| MGA | Metalsgrovemining | 0.135 | 13% | 73,000 | $4,464,060 |
| HLX | Helix Resources | 0.0045 | 13% | 87,743 | $9,292,583 |
| LCY | Legacy Iron Ore | 0.018 | 13% | 784,406 | $102,509,219 |
ECS Botanics (ASX:ECS) – Flying high this morning on news of a $24 million offtake agreement with MediCann Health for supply of medicinal cannabis. What a time to be alive.
Nimy Resources (ASX:NIM) – RC drilling at Mons has intersected 13m of massive sulphide mineralisation in total, containing pyrrhotite, pentlandite, chalcopyrite and pyrite.
Heavy Minerals (ASX:HVY) – Up after confirming IHC Mining have been awarded the Port Gregory PFS following the successful completion by IHC Mining of HVY’s PGSS and PEA.
Legacy Iron Ore (ASX:LCY) – Rising on news that a significant milestone has been reached at the Mount Celia gold deposit, with the Blue Peter pit to go into production.
MetalsGrove Mining (ASX:MGA) – Maiden RC drilling has intersected a mineralised shear zone – up to 17m* including up to 3.5% zinc, 0.8% copper, 0.5% tungsten, 0.2% lead and 1500ppm TREO.
Toys R Us (ASX:Toy) – Popped tidily this morning on no apparent news.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| MRD | Mount Ridley Mines | 0.001 | -50% | 109,853 | $15,569,766 |
| AVH | Avita Medical | 3.42 | -23% | 300,241 | $269,342,398 |
| DCX | Discovex Res Ltd | 0.002 | -20% | 716,666 | $8,256,420 |
| LNU | Linius Tech Limited | 0.002 | -20% | 863,012 | $10,574,477 |
| AVM | Advance Metals Ltd | 0.005 | -17% | 2,399,990 | $3,531,352 |
| NES | Nelson Resources. | 0.005 | -17% | 1,000,000 | $3,681,566 |
| ZMI | Zinc of Ireland NL | 0.019 | -14% | 120,000 | $4,689,174 |
| SP8 | Streamplay Studio | 0.008 | -11% | 39,473 | $10,243,114 |
| MGU | Magnum Mining & Exp | 0.025 | -11% | 690,325 | $22,508,119 |
| LLO | Lion One Metals Ltd | 0.965 | -10% | 10,000 | $15,029,495 |
Avita Medical (ASX:AVH) – Down sharply after lodging a Form 8-K with the US SEC, covering a recent US FDA letter requesting additional information on AVH’s premarket approval supplement application for its latest device, RECELL GO. It means a 4-6 month delay for the product while AVH answers the FDA’s questions.
Advance Metals (ASX:AVM) – Down on no news or announcement.
DiscovEX Resources (ASX:DCX) – Also down on no news.
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