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Top 10 at 11: ASX positive after muted open as Micro-X nets first major US supply deal
Top 10 at 11: ASX positive after muted open as Micro-X nets first major US supply deal

News.com.au

time30-07-2025

  • Business
  • News.com.au

Top 10 at 11: ASX positive after muted open as Micro-X nets first major US supply deal

Morning, and welcome to Stockhead's Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10.15am in the east, once trading kicks off in earnest. In brief, this is what the market has been up to this morning. Cheery start to the morning The ASX has started the day off with a quiet but positive open, dipping slightly at first before moving into positive territory. At the time of writing, we're up 0.17% in the first hour of trade. Energy is leading gains (+0.74%) alongside healthcare, consumer discretionary, staples and financials. Oil prices jumped 3.5% overnight to US$72.51 a barrel of brent as US President Trump threatened Russia with fresh sanctions should they fail to negotiate a ceasefire with Ukraine. Gold also ticked up 0.4% to US$3324 an ounce and iron ore appreciated 0.3% to US$98.98 a tonne as markets anticipated more thawing in US-China relations ahead of the next round of trade talks. Back on the ASX, the top 7 banks index is providing some support (+0.32%), while the ASX 200 Resources (-0.07%) and All Ords Gold (-0.03%) indices hover in vaguely negative territory and the All Tech retreats -0.76%. WINNERS Code Name Last % Change Volume Market Cap MX1 Micro-X Limited 0.084 35% 668310 $41,366,540 SFG Seafarms Group Ltd 0.002 33% 583466 $7,254,899 SP3 Specturltd 0.016 33% 3536664 $3,802,801 BSA BSA Limited 0.12 33% 4432767 $6,777,023 ECT Env Clean Tech Ltd. 0.0025 25% 4252072 $8,030,871 MOH Moho Resources 0.005 25% 880329 $2,981,656 PIM Pinnacleminerals 0.048 20% 298948 $1,818,533 H2G Greenhy2 Limited 0.019 19% 110000 $11,006,589 IPB IPB Petroleum Ltd 0.007 17% 11020 $4,238,418 M4M Macro Metals Limited 0.007 17% 325588 $23,864,505 In the news... Cold cathode x-ray technology specialist Micro-X (ASX:MX1) has tapped into a nationwide network of 700 hospitals, surgical centres and outpatient facilities with a new supply agreement through a major US healthcare provider, the first of its kind for the company. MX1 will provide its Rover Plus mobile radiology system to interested facilities over an initial agreement period of three years. The company is in discussions with a second major procurement group for a similar supply agreement. Remote surveillance company Spectur (ASX:SP3) increased both total revenue (+10%) and recurring revenue (+20%) year-on-year, bringing in positive operating cash flow of $263k for the financial year. SP3 has been aggressively restructuring in recent months, reducing staff costs from $970k in the third quarter to $715k in the fourth. The company also ramped up R&D spending in a move to upgrade cloud infrastructure and software systems. Pinnacle Minerals (ASX:PIM) is climbing despite launching a $1.76m share placement at $0.04 per share, a more than 25% discount on its intraday trading price of $0.054 a share. PIM is also offering a free attaching option at $0.08 each for every two shares subscribed for. The fresh capital will go to exploration programs at the Adina East project in Quebec next door to several significant lithium projects and Pinnacle's rare earth and heavy mineral sands projects in Australia. LAGGARDS Code Name Last % Change Volume Market Cap SCP Scalare Partners 0.14 -22% 15500 $7,530,304 CZN Corazon Ltd 0.002 -20% 4000000 $2,961,431 JAV Javelin Minerals Ltd 0.002 -20% 3415417 $15,630,562 AMS Atomos 0.005 -17% 31450 $7,290,111 SHE Stonehorse Energy Lt 0.005 -17% 100000 $4,106,610 ENT Enterprise Metals 0.003 -14% 150 $4,799,610 GTR Gti Energy Ltd 0.003 -14% 2271683 $13,029,292 M2R Miramar 0.0035 -13% 242500 $3,987,293 FHS Freehill Mining Ltd. 0.004 -11% 690000 $15,362,341

ASX slides in broad profit taking, down 0.74pc
ASX slides in broad profit taking, down 0.74pc

Herald Sun

time21-07-2025

  • Business
  • Herald Sun

ASX slides in broad profit taking, down 0.74pc

Don't miss out on the headlines from Stockhead. Followed categories will be added to My News. Morning, and welcome to Stockhead's Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10.15am in the east, once trading kicks off in earnest. In brief, this is what the market has been up to this morning. Profit taking pushes ASX lower After hitting two new fresh closing highs last week, it's no surprise the ASX has slipped back into profit taking patterns, falling sharply in the first hour of trade. The ASX200 is down 0.74% as of about 10.30am AEST, with all 11 sectors flashing red. Our top 7 banks and broader gold stocks are taking the brunt of it at the moment, with the ASX 200 Banks index down 1.34% and the All Ords Gold shedding 0.93%. The All Tech (-0.16%) and ASX 200 Resources (-0.39%) are in better shape than most, offering a hint of where some supporting strength might come from later in the day. In the meantime, let's check out which ASX small caps are finding their feet despite the general market hangover. WINNERS Code Name Last % Change Volume Market Cap AIV Activex Limited 0.018 157% 2195344 $1,508,518 BHM Brokenhillminesltd 0.49 133% 3624581 $22,594,508 RBR RBR Group Ltd 0.002 100% 500000 $3,120,285 AUH Austchina Holdings 0.002 33% 250000 $4,538,075 BLZ Blaze Minerals Ltd 0.004 33% 2377454 $5,335,392 CT1 Constellation Tech 0.002 33% 33333 $2,212,101 PGD Peregrine Gold 0.245 32% 650741 $15,696,832 CRS Caprice Resources 0.061 27% 14824090 $32,016,302 AOK Australian Oil. 0.0025 25% 21000 $2,075,566 CTN Catalina Resources 0.005 25% 110000 $9,704,076 In the news... Broken Hill Mines (ASX:BHM) has officially listed the ASX, simultaneously kicking off a 4000m drilling program at the Pinnacles Mine with another 3000m of results awaiting assay at the lab. BHM is looking to expand the Pinnacles resource, which currently sits at 6Mt at 10.9% zinc equivalent. It owns the operating Rasp mine, located around the site of the Broken Hill discovery on which the world's biggest miner BHP was founded. Blaze Minerals (ASX:BLZ) is poised to begin drilling at the Loulombo base metals project in the Republic of Congo, after finalising the project's acquisition from Congo Shining SARL. BLZ is particularly interested in the Mimpala target, a 1.5km by 500m zone with artisanal workings over 800m of that strike. The target area has produced rock chip results of up to 60.5% lead, 13.2% vanadium, 2.3% copper and 6.3% zinc. Mark Creasy-backed Peregrine Gold (ASX:PGD) has unearthed a large-scale channel iron deposit at the Newman gold project, over a continuous strike of 6.4km. Initial results have averaged about 57% iron, peaking at 61%. It's the first time iron has been identified in the area, having never been reported by past explorers or the GSWA. ActivEX (ASX:AIV) has drummed up a 310,000-ounce gold resource at the Mt Hogan historical gold mine, the first JORC estimate for the mine, which sits within the Gilberton JV gold project with Gilberton Gold Pty Ltd. Management is also keen to investigate two other historical gold mining centres at the Josephine and Comstock prospects, which have had little modern exploration. RBR Group (ASX:RBR) is working to capitalise on a revival of liquid natural gas developments in Mozambique, spearheaded by TotalEnergies and ExxonMobil megaprojects. The company offers a range of services including training, labour hire, and camp construction and management, all necessary components of project development and management. LAGGARDS Code Name Last % Change Volume Market Cap EEL Enrg Elements Ltd 0.001 -33% 1 $4,880,668 GGE Grand Gulf Energy 0.002 -33% 2673646 $8,461,275 GTR Gti Energy Ltd 0.003 -25% 3438837 $14,835,762 SHP South Harz Potash 0.003 -25% 800000 $5,132,248 MEM Memphasys Ltd 0.004 -20% 181616 $9,917,991 ROG Red Sky Energy. 0.004 -20% 561454 $27,111,136 TMX Terrain Minerals 0.002 -20% 497500 $6,329,536 AUK Aumake Limited 0.0025 -17% 2055000 $9,070,076 SLZ Sultan Resources Ltd 0.005 -17% 28000 $1,388,819 DUN Dundasminerals 0.016 -16% 119855 $2,037,149 At Stockhead, we tell it like it is. While Broken Hill Mines and Peregrine Gold are Stockhead advertisers, they did not sponsor this article. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions. Originally published as Top 10 at 11: ASX slides as investors jump on profit taking … but the birthplace of BHP is back on the ASX

ASX gains as gallium miners turn heads
ASX gains as gallium miners turn heads

Courier-Mail

time11-06-2025

  • Business
  • Courier-Mail

ASX gains as gallium miners turn heads

Don't miss out on the headlines from Stockhead. Followed categories will be added to My News. Morning, and welcome to Stockhead's Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10.15am, once trading kicks off in earnest. In brief, this is what the market has been up to this morning. ASX reaches for new highs Climbing 0.43% in the first hour of trade, the ASX is within spitting distance of a new all-time high, just 0.13% away. Nine of 11 sectors are driving the bourse's momentum, led by energy (+1.18%). Info tech (-0.23%) and health care (-0.33%) are dragging alongside the All Ords Gold index (-1.78%), down for a second day in a row. The ASX 200 Resources is pushing in the other direction (+0.78%), as evidenced by the glut of resources stocks on our Top 10 winners list for the morning. WINNERS Code Name Last % Change Volume Market Cap JAV Javelin Minerals Ltd 0.003 50% 60002 $12,252,298 VML Vital Metals Limited 0.003 50% 3000000 $11,790,134 KP2 Kore Potash PLC 0.06 36% 971577 $28,764,401 AYT Austin Metals Ltd 0.005 25% 2071330 $6,296,765 PV1 Provaris Energy Ltd 0.011 22% 450000 $6,282,012 ADG Adelong Gold Limited 0.006 20% 802466 $10,343,383 ALY Alchemy Resource Ltd 0.006 20% 200000 $5,890,381 BLZ Blaze Minerals Ltd 0.003 20% 6294900 $3,917,370 MGU Magnum Mining & Exp 0.006 20% 85000 $5,608,254 PLC Premier1 Lithium Ltd 0.012 20% 583333 $3,680,606 In the news... Blaze Minerals (ASX:BLZ) is turning heads after hitting gallium and rubidium mineralisation at its Ntungamo project in Uganda. While the mineralisation isn't particularly high grade in this first pass of drilling, the price of gallium has surged 23% since January last year, marking the critical mineral as a lucrative exploration target. BLZ's drilling also encountered scandium mineralisation, but no neodymium or praseodymium of any economic significance. LAGGARDS Code Name Last % Change Volume Market Cap PAB Patrys Limited 0.001 -33% 9426236 $3,086,171 G50 G50Corp Ltd 0.14 -26% 225759 $30,513,555 CRR Critical Resources 0.003 -25% 2829838 $10,456,885 CHM Chimeric Therapeutic 0.004 -20% 100000 $10,075,971 CZN Corazon Ltd 0.002 -20% 45143 $2,961,431 TMX Terrain Minerals 0.002 -20% 71000 $5,621,392 VRC Volt Resources Ltd 0.004 -20% 1250000 $23,423,890 CF1 Complii Fintech Ltd 0.018 -18% 60481 $12,570,660 CCO The Calmer Co Int 0.0025 -17% 28571 $9,034,060 IFG Infocusgroup Hldltd 0.005 -17% 21500 $1,655,771 In the news... G50 Corp's (ASX:G50) has also released a gallium-based announcement, although the market wasn't quite as impressed with the results as in BLZ's case. While G50's mineralogy study has confirmed the presence of gallium in three types of mineral samples at its Golconda gold-silver-zinc project, the content is fairly low, represented in just 38% of the host rock. The mineral type with the best gallium content of 55 parts per million accounts for just 7% of the rock content, meaning G50 will need to extract and concentrate the critical mineral before it can be sold on to off takers. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions. Originally published as Top 10 at 11: Gallium in spotlight as ASX climbs toward new record high

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