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
BEZ Besra Gold 0.088 120% 8,428,980 $14,154,476
KEY KEY Petroleum 0.0015 50% 14,500,000 $1,967,928
MCT Metalicity Limited 0.003 50% 22,347 $7,009,079
MXC MGC Pharmaceuticals 0.0095 36% 5,964,236 $20,065,131
CCE Carnegie Cln Energy 0.002 33% 1,059,743 $23,463,861
MTH Mithril Resources 0.002 33% 12,758,167 $4,894,635
IPT Impact Minerals 0.01 25% 6,902,522 $19,850,964
RNX Renegade Exploration 0.012 20% 15,045,207 $9,316,838
SKF Skyfii Ltd 0.071 18% 56,250 $25,293,179
EYE Nova EYE Medical Ltd 0.26 18% 299,730 $36,715,358
Wordpress Table Plugin

Besra Gold (ASX:BEZ) is back from a trading halt with a bang after announcing an up to US$300 million non-binding drawdown offtake  funding facility to develop the 3m ounce Bau Gold Project with major shareholder Quantum Metal Recovery.

BEZ believes the deal to be the largest of its kind signed by an ASX junior and said it’s expected to remove the need for dilutive equity financing and project/corporate debt encumbering Besra with hedging requirement and/or onerous covenants.

BEZ said funding is expected to be delivered at up to US$10 million/month with the facility to be settled by way of delivery to Quantum of up to 3m ounces of gold according to an agreed percentage of production at an agreed floating gold reference price, but subject to a floor price.

Aussie biotech MGC Pharmaceuticals (ASX:MXC) has announced that its clinically tested proprietary COVID-19 treatment ArtemiC has been listed as an over-the-counter (OTC) status on the National Drug Code Database of the US Food and Drug Administration (FDA).

Facilitated by MGC’s supply and distribution partner AMC Pharma LLC the OTC status means AMC will be able to sell ArtemiC via US-based Pharmacy Benefit Management (PBM) networks, including prescription disocount services from April 2023.

 

LOSERS

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

Code Company Price % Volume Market Cap
VPR Volt Power Group 0.001 -33% 50,000 $16,074,312
AYT Austin Metals Ltd 0.004 -20% 600,000 $5,079,373
E33 East 33 Limited. 0.025 -19% 10,000 $16,039,346
VML Vital Metals Limited 0.017 -19% 24,765,233 $111,429,145
ARV Artemis Resources 0.012 -14% 55,992 $21,859,857
SKS SKS Tech Group Ltd 0.16 -11% 10,236 $19,688,788
BUY Bounty Oil & Gas NL 0.008 -11% 107,670 $12,334,509
CZL Cons Zinc Ltd 0.016 -11% 28,893 $8,682,441
MOB Mobilicom Ltd 0.008 -11% 490,048 $11,981,517
GTR GTI Energy Ltd 0.009 -10% 246,497 $15,054,836
Wordpress Table Plugin