Top 10 at 10: More big copper, PGE hits top the charts in early trade

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 commenced trading.

 

WINNERS

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

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Another big copper hit, this time from Canada-focused explorer American West Metals (ASX:AW1).

First assay results from drilling at the Storm project returned a highlight 41m at 4.18% copper, including 5m at 24.28% copper.

That’s high grade.

In WA, the Conico (ASX:CNJ) and Greenstone Resources (ASX:GSR) Mt Thirsty JV are hitting heavily disseminated sulphides in drilling, a literal stone’s throw (~200m) from Galileo’s company making Callisto palladium-platinum-gold-copper-nickel discovery.

First assays are due in 2-4 weeks.

 

LOSERS

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

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MoneyMe (ASX:MME) is down after completing a $20m institutional placement at 50c per share – a big 28% discount to the last closing price.

Video tech company Atomos (ASX:AMS) has responded to allegations in an AFR article from former CEO, Estelle McGechie, that the company was involved in ‘rampant illegality’.