Top 10 at 10: This lithium brines stock is pumping in early trade Tuesday

Lithium brines explorer Patagonia (ASX:PL3) reports “exceptional” results from well 2 at the Formentera project in Argentina.

Pic: Via Getty

Stockhead’s Top 10 at 10, published at ~10.40am 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 made market-moving announcements (click headings to sort).

Security	Description	Last	%	Volume	MktCap
PL3	Patagonia Lithium	0.13	37%	258927	$4,667,208
JAV	Javelin Minerals Ltd	0.002	33%	303310	$3,751,846
AAU	Antilles Gold Ltd	0.005	25%	929994	$3,986,140
CRB	Carbine Resources	0.006	20%	129166	$2,758,689
SI6	SI6 Metals Limited	0.003	20%	1000000	$5,922,149
CLZ	Classic Minerals	0.0035	17%	2291457	$1,467,489
SPX	Spenda Limited	0.007	17%	114020	$25,946,747
IRX	Inhalerx Limited	0.029	16%	250000	$4,744,174
MM1	Midas Minerals	0.069	15%	13677	$6,199,781
TNY	Tinybeans Group Ltd	0.071	15%	206932	$8,890,808

Lithium brines explorer Patagonia (ASX:PL3) reports “exceptional” results from well 2 at the Formentera project in Argentina.

“These results are exceptionally encouraging – high porosity, with lithium values concentrating at depth,” PL3 exec chair Phil Thomas says.

“I have never seen core porosity at such high levels of 47% at 280m depth and lithium values at that porosity of 572ppm.

“Pumping from well 2 during the 48 hours didn’t reduce the brine level in well 1, 300m away, so we are confident we have a very large aquifer open at depth.”

Privacy-focused photo sharing app Tinybeans (ASX:TNY) secures a major US strategic partnership with leading digital parenting platform Babylist.

The partnership is expected to deliver brand awareness, subscriber growth and sales revenue for Tinybeans in the US, the company says.

LOSERS

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

Security	Description	Last	%	Volume	MktCap
MAY	Melbana Energy Ltd	0.043	-35%	24,191,724	$222,433,471
MTB	Mount Burgess Mining	0.001	-33%	97	$1,947,220
EG1	Evergreen Lithium	0.05	-23%	89,972	$3,654,950
CTO	Citigold Corp Ltd	0.004	-20%	800,000	$15,000,000
YPB	YPB Group Ltd	0.002	-20%	24,000	$2,019,904
NYM	Narryer Metals	0.033	-20%	75,000	$4,358,549
TFL	Tasfoods Ltd	0.015	-17%	34,250	$7,867,719
AMD	Arrow Minerals	0.0025	-17%	200,000	$31,618,095
BXN	Bioxyne Ltd	0.005	-17%	10,225,000	$12,279,872
HLX	Helix Resources	0.0025	-17%	1,166,658	$9,792,581

This content first appeared on stockhead.com.au

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Originally published as Top 10 at 10: This lithium brines stock is pumping in early trade Tuesday