Top 10 at 11: It’s all cap raises and consultants driving a quiet morning on the ASX

Good morning, and welcome to Stockhead’s Top 10 at 11, a short, sharp update to help frame the trading day.

Everyone must be feelin' a little queasy this morning... it's a bit quiet out there today. Pic via Getty Images.

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms that have made announcements.

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading – for better or worse – and then I do my best to make sense of who’s moving where and why it might be happening.

Anyway… here’s what’s been happening since the doors were opened this morning…

The ASX opened higher, with the benchmark up +0.28% and the goldies off and running for the second day in a row.

WINNERS

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

Code	Description	Last	%	Volume	MktCap
CLZ	Classic Minerals	0.0015	50%	3,031,315	$551,029
LNR	Lanthanein Resources	0.004	33%	236,400	$7,330,908
YAR	Yari Minerals Ltd	0.004	33%	150,000	$1,447,073
HLX	Helix Resources	0.0025	25%	7,710,348	$6,528,387
EFE	Eastern Resources	0.006	20%	168,758	$6,209,732
MTH	Mithril Resources	0.185	19%	19,099	$13,109,314
PUR	Pursuit Minerals	0.0035	17%	3,289,540	$10,906,200
A1G	African Gold Ltd.	0.024	14%	30,000	$5,023,530
EVG	Evion Group NL	0.018	13%	655,709	$5,535,347
TMR	Tempus Resources Ltd	0.0045	13%	7,700	$4,123,995

Mithril Resources (ASX:MTH) has received firm commitments for a capital raising of $3.7 million at $0.20 with cornerstone investment by Jupiter Gold and Silver Fundn at a 29 per cent premium to its last traded share price.

Noviqtech (formerly Tymlez) (ASX:NVQ) was climbing early, possibly due to yesterday’s news that the company has added a new AI-powered chatbot, driven by Google Gemini, to its flagship SaaS product, Carbon Central.

Classic Minerals (ASX:CLZ) was up early, after announcing an extension to the closing date of its non-renounceable pro-rata rights issue at an issue price of $0.004 per new share, with 1 bonus option for every 2 shares subscribed for, exercisable at $ 0.02 on or before 30 June 2027.

Eastern Resources (ASX:EFE) announced that the company has engaged Nagom, an experienced lithium consultancy in Perth, to plan and manage metallurgical testwork for samples from the Lepidolite Hill Project.

LOSERS

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

Code	Description	Last	%	Volume	MktCap
LPD	Lepidico Ltd	0.002	-33%	380,000	$25,767,358
ALR	Altair Minerals	0.003	-25%	151,000	$17,186,310
ODE	Odessa Minerals Ltd	0.003	-25%	40,000	$4,173,130
PUA	Peak Minerals Ltd	0.003	-25%	127,538	$4,165,506
LRL	Labyrinth Resources	0.004	-20%	52,600	$5,937,719
RDS	Redstone Resources	0.004	-20%	1,784,444	$4,626,892
M2R	Miramar	0.007	-18%	672,534	$1,581,664
1MC	Morella Corporation	0.0025	-17%	2,351,442	$18,536,398
BMO	Bastion Minerals	0.005	-17%	11,000	$2,610,503
CCZ	Castillo Copper Ltd	0.005	-17%	267,049	$7,797,032

Originally published as Top 10 at 11: It’s all cap raises and consultants driving a quiet morning on the ASX