Get your spreadsheets ready. Reporting season has rolled around once again on the ASX. Pic: Getty Images
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.
Market slips as resource stocks fall
As predicted by the S&P Futures, the ASX 200 has fallen about 0.5% in the first hour of trade, with 8 of 11 sectors lower.
Materials is the sore point this morning, shedding 1.23% as gold and base metals prices slide. A small 0.3% uptick in iron ore doesn’t look to be providing much support.
The energy sector (+0.97%) is putting in a good showing, with some very marginal lifts in health care and telecommunications, but our indices are a sea of red.
While the broader market is looking a bit sullen this morning, reporting season is ramping up, offering a chance to find some diamonds in the rough.
Let’s check out which small caps are bringing the bacon home…
WINNERS
| Code | Name | Last | % Change | Volume | Market Cap |
|---|---|---|---|---|---|
| ALB | Albion Resources | 0.15 | 117% | 17301018 | $9,103,400 |
| AMO | Ambertech Limited | 0.205 | 37% | 269577 | $14,310,717 |
| OB1 | Orbminco Limited | 0.002 | 33% | 500000 | $5,103,852 |
| CRR | Critical Resources | 0.005 | 25% | 1170000 | $11,080,342 |
| GGE | Grand Gulf Energy | 0.0025 | 25% | 141666 | $5,640,850 |
| IMB | Intelligent Monitor | 0.6 | 24% | 861326 | $173,011,446 |
| ICE | Icetana Limited | 0.08 | 23% | 203109 | $34,568,684 |
| MQR | Marquee Resource Ltd | 0.011 | 22% | 2188427 | $5,024,723 |
| LBL | Laserbond Limited | 0.58 | 22% | 279131 | $55,884,697 |
| EE1 | Earths Energy Ltd | 0.006 | 20% | 100000 | $2,649,821 |
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In the news…
Albion Resources (ASX:ALB) has hit bonanza-grade gold in shallow drilling intercepts at the Yandal West project’s Collavilla prospect, unearthing an intersection of 5m at 38.9 g/t gold within a wider hit of 11m at 20 g/t gold, from just 17 metres of depth.
The results come from just a small 100m by 100m area of the Ives Find prospective granite intrusive, which offers a 4km by 750m target zone that management reckons is ripe for high-grade gold veins.
Ambertech (ASX:AMO) is rising on strong unaudited full year results, with half-year revenue expected to exceed $54m, up more than 18% on the first half of the financial year. AMO’s EBITDA also improved 2.4% on the previous half year, which full-year revenue expected to top $100m.
Intelligent Monitoring (ASX:IMB) has reported net operating cash flow of $17m for the fourth quarter of the 2025 financial year, marking the first “clean” quarter after refinancing and completing several acquisitions.
Underlying earnings growth (unaudited) also jumped 8.2%, leaving IMG with $24m cash in the bank and a $35m debt facility to draw on for acquisitions.
Icetana (ASX:ICE) achieved its strongest annual recurring revenue numbers in over four years, pulling in $1.9m as of June after a 10% quarter on quarter uptick. The company’s total quarterly revenue has also grown 13% compared to the previous period at $490k.
LAGGARDS
| Code | Name | Last | % Change | Volume | Market Cap |
|---|---|---|---|---|---|
| BMO | Bastion Minerals | 0.001 | -50% | 300000 | $3,162,696 |
| MIO | Macarthur Minerals | 0.015 | -40% | 47030 | $4,991,638 |
| AOA | Ausmon Resorces | 0.001 | -33% | 2000000 | $1,966,820 |
| EEL | Enrg Elements Ltd | 0.001 | -33% | 1 | $4,880,668 |
| MTL | Mantle Minerals Ltd | 0.001 | -33% | 333333 | $9,671,169 |
| AJL | AJ Lucas Group | 0.005 | -29% | 90000 | $9,630,107 |
| RGL | Riversgold | 0.003 | -25% | 56440 | $6,734,850 |
| ERA | Energy Resources | 0.002 | -20% | 1800000 | $1,013,490,602 |
| ROG | Red Sky Energy. | 0.004 | -20% | 96593 | $27,111,136 |
| AHK | Ark Mines Limited | 0.185 | -18% | 22567 | $14,886,157 |
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At Stockhead, we tell it like it is. While Albion Resources is a Stockhead advertiser, it did not sponsor this article.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.