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 bell rang this morning.
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Description | Last | % | Volume | MktCap |
|---|---|---|---|---|---|
| ICL | Iceni Gold | 0.045 | 96% | 3,516,936 | $5,670,904 |
| APC | Aust Potash Ltd | 0.0015 | 50% | 1,000,802 | $4,000,189 |
| PRM | Prominence Energy | 0.008 | 33% | 4,053,855 | $1,170,758 |
| TX3 | Trinex Minerals Ltd | 0.004 | 33% | 1,500,000 | $5,234,728 |
| HHR | Hartshead Resources | 0.009 | 29% | 9,068,757 | $19,660,775 |
| ME1 | Melodiol Global Health | 0.0025 | 25% | 966,366 | $1,426,974 |
| MOH | Moho Resources | 0.005 | 25% | 845,000 | $2,156,713 |
| ROG | Red Sky Energy | 0.005 | 25% | 868,501 | $21,688,909 |
| GTR | Gti Energy Ltd | 0.006 | 20% | 258,576 | $10,249,735 |
| RDG | Res Dev Group Ltd | 0.032 | 19% | 3,125 | $79,673,169 |
Additional fieldwork at the Iceni Gold (ASX:ICL) Christmas Gift prospect in the Everleigh Well area has exposed multiple bonanza gold bearing quartz veinlets within a narrow, sheared basalt-interflow sediment contact. The structure has now been exposed over a 20m strike length that is open and has advanced the geological model to provide a priority drill target.
Prominence Energy (ASX:PRM) has announced better than expected sampling results at the Djideli processing site in Kazakhstan undertaken by Umine LLP (Umine), which is 20% owned by PRM.
The company says Umine has identified an opportunity to decontaminate and remediate the abandoned site and intends to collect, process and sell the uranium during the rehabilitation process.
Trinex Minerals (ASX:TX3) has inked a deal with ALX Resources Corporation (TSX-V: AL) to acquire up to a 75% interest in the Gibbons Creek Uranium Project in Northern Saskatchewan, Canada.
Hartshead Resources (ASX:HHR) says it has been notified by the North Sea transition Authority, as the regulatory body for oil and gas exploration in the UK, that it has been successful in winning 10 blocks in the recent UK 33rd Licensing Round.
HHR says the blocks all contain discovered hydrocarbons and present a range of re-development, development and appraisal opportunities.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Description | Last | % | Volume | MktCap |
|---|---|---|---|---|---|
| OSX | Osteopore Limited | 0.064 | -79% | 3,091,730 | $3,201,894 |
| ADG | Adelong Gold Limited | 0.003 | -25% | 199,988 | $4,321,956 |
| NVQ | Noviqtech Limited | 0.003 | -25% | 500,000 | $5,949,229 |
| ECT | Env Clean Tech Ltd | 0.004 | -20% | 4,067 | $15,859,052 |
| GES | Genesis Resources | 0.004 | -20% | 40,000 | $3,914,206 |
| GTI | Gratifii | 0.009 | -18% | 1,284,860 | $17,732,495 |
| CCO | The Calmer Co Int | 0.005 | -17% | 1,012,620 | $8,165,278 |
| AEV | Avenira Limited | 0.006 | -14% | 50,000 | $16,443,238 |
| BXN | Bioxyne Ltd | 0.006 | -14% | 1,358,157 | $14,326,518 |
| POS | Poseidon Nick Ltd | 0.006 | -14% | 521,007 | $25,994,743 |