Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live 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 |
|---|---|---|---|---|---|
| MHK | Metalhawk. | 0.18 | 107% | 991,024 | $5,823,379 |
| RAG | Ragnar Metals Ltd | 0.031 | 55% | 1,708,136 | $7,583,698 |
| MEB | Medibio Limited | 0.0015 | 50% | 254,272 | $4,547,927 |
| MTL | Mantle Minerals Ltd | 0.0015 | 50% | 1,004,614 | $6,147,446 |
| LNU | Linius Tech Limited | 0.004 | 33% | 157,000 | $11,296,372 |
| MTB | Mount Burgess Mining | 0.002 | 33% | 2,990,025 | $1,324,757 |
| MTH | Mithril Resources | 0.002 | 33% | 13,611,382 | $5,053,207 |
| ECS | ECS Botanics Holding | 0.025 | 25% | 2,505,292 | $22,134,613 |
| CAV | Carnavale Resources | 0.0025 | 25% | 10,724,907 | $5,467,103 |
| AN1 | Anagenics Limited | 0.016 | 23% | 207,179 | $4,753,060 |
Maiden drilling has unearthed wide zones of clay hosted rare earths grading up to 4120ppm at Metal Hawk’s (ASX:MHK) ‘Fraser South’ project, near the emerging REE hub of Esperance in WA.
A huge news day for $8m capped Ragnar Metals (ASX:RAG) which will buy four lithium and REE projects in Sweden, while unloading the non-core Tullsta nickel project to BHP (ASX:BHP) for $9.8m.
And ECS Botanics (ASX:ECS) has secured two binding offtake agreements worth at least $11.9m to supply medicinal cannabis dried flower over a three year term.
First supply under both agreements – which will occur next quarter (Q1 FY24) – come after recent agreements worth $9.9m to supply products in the German market.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| EMU | EMU NL | 0.002 | -33% | 118,970 | $4,350,064 |
| AUH | Austchina Holdings | 0.003 | -25% | 1,190,277 | $8,311,535 |
| PYR | Payright Limited | 0.003 | -25% | 375,588 | $3,523,541 |
| LRK | Lark Distilling Co. | 1.34 | -18% | 145,955 | $122,573,822 |
| CPT | Cipherpoint Limited | 0.005 | -17% | 2,302 | $6,955,450 |
| E79 | E79Goldmineslimited | 0.085 | -15% | 80,000 | $5,655,680 |
| ADS | Adslot Ltd. | 0.003 | -14% | 20,000 | $8,677,719 |
| GTR | Gti Energy Ltd | 0.006 | -14% | 818,377 | $13,634,279 |
| ACW | Actinogen Medical | 0.04 | -13% | 4,893,970 | $83,547,599 |
| 88E | 88 Energy Ltd | 0.007 | -13% | 1,982,492 | $160,862,946 |