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$49M grant secured, Sayona raises money again

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in … Read More
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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
MEB Medibio Limited 0.0015 50% 225,000 $4,150,594
VAL Valor Resources Ltd 0.004 33% 1,023,762 $11,409,104
AVW Avira Resources Ltd 0.0025 25% 2,548,594 $4,267,580
EDE Eden Inv Ltd 0.005 25% 375,090 $11,987,778
BKY Berkeley Energia Ltd 0.475 22% 151,934 $173,860,719
OAU Ora Gold Limited 0.003 20% 1,166,666 $9,842,313
PNX PNX Metals Limited 0.003 20% 66,666 $13,451,562
BYH Bryah Resources Ltd 0.02 18% 753,103 $4,781,309
SER Strategic Energy 0.021 17% 96,250 $5,341,387
ADX ADX Energy Ltd 0.007 17% 14,285 $21,322,772

Australian Vanadium Limited (ASX:AVL) has secured Australian Government grant of up to $49 million to advance its namesake project.

The grant includes Bryah Resources’ (ASX:BYH) collaboration on the recovery of 16.1Mt grading 762ppm nickel, 212ppm copper and 231ppm cobalt from the tails stream.

 

LOSERS

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

Code Company Price % Volume Market Cap
CAV Carnavale Resources 0.002 -33% 745,750 $8,200,655
CLE Cyclone Metals 0.001 -33% 121,851 $13,633,872
NYM Narryermetalslimited 0.115 -23% 81,282 $4,573,125
MAG Magmatic Resrce Ltd 0.1 -23% 861,196 $39,740,064
GNM Great Northern 0.002 -20% 350,000 $5,340,784
EQS Equitystorygroupltd 0.033 -18% 425,000 $1,624,592
DES Desoto Resources 0.1 -17% 35,110 $7,191,180
NZS New Zealand Coastal 0.003 -14% 32,305 $5,789,035
SYA Sayona Mining Ltd 0.1825 -13% 55,102,776 $1,910,738,158
SFG Seafarms Group Ltd 0.004 -11% 159,956 $21,764,696

Emerging lithium miner Sayona Mining (ASX:SYA) has completed its $200m placement at 18c/sh, sending the share price to 2023 lows.

The company says the cash will expedite the development of its northern Quebec lithium hub, centred on the Moblan project, where a 60km drilling program is underway.

It follows a C$50m raise via flow‐through‐shares (FTS) in March at 31.5c per share.

The post Top 10 at 10: $49m grant secured, Sayona raises money again appeared first on Stockhead.



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