ASX Top 10 Momentum Stocks: 3 August 2023 - Finer Market Points

3 Ağu 2023

AW1 ASX:AZS PCL NXL ASX:GCY ASM 3DP CPV WC8 SYM

Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.

Today's ASX's Top 10 Quarterly Momentum Stocks are:

Americanwestmetals (AW1): American West Metals Limited is a copper-focused miner in North America. They have the Storm Copper Project in Nunavut, Canada, and the zinc-copper-indium deposit at West Desert and Copper Warrior Project in Utah, USA.

Azure Minerals (AZS): Azure Minerals is a mining company that explores and develops mineral deposits, with a focus on lithium and nickel in Western Australia.

Pancontinental Energ (PCL): Pancontinental Energy is an oil and gas explorer with projects in Namibia and Queensland.

Nuix Limited (NXL): Nuix Limited specializes in developing a software platform designed to process unstructured data. Its platform caters to various areas, such as criminal investigations, financial crime, litigation support, employee and insider investigations, legal eDiscovery, data protection and privacy, and data governance and regulatory compliance. Based in Sydney.

Gascoyne Res Ltd (GCY): Gascoyne Resources Ltd has their flagship Dalgaranga Gold Project in WA that was placed on care and maintenance in Q4 2022, including its modern 2.5Mtpa processing plant, surface infrastructure, and resource base. Now (July 23) GCY is focusing on the Never Never discovery, located less than 1km from the processing plant.

Australian Strategic Materials Ltd (ASM): ASM is an emerging vertically integrated producer of critical metals for new growth industries, high technologies, and sustainable energy solutions. Their "mine to metals" business model involves mining and refining critical metal oxides from the Dubbo Project, containing rare earths, zirconium, niobium, and hafnium, and processing them into high-purity metals and alloys at their metals plants.

Pointerra Limited (3DP): 3DP provides cloud-based data processing services with a focus on its 3D geospatial data technology. Through a service solution, end users are helped with managing, distributing, and visualizing massive point cloud data sets from mining, electrical grids, and other infrastructure projects.

Clearvue Technologie (CPV): Clearvue Technologies create photovoltaic and nano-technology to produce clear glass that generates electricity, allowing the natural light to pass through unaltered.

Wildcat Resources (WC8): Wildcat Resources is a WA and NSW gold explorer with exposure to lithium, caesium, tantalum, nickel, and copper as well.

Symbio Holdings Ltd (SYM): Symbio Holdings develops and operates a global communications network. Its products include Enterprise SIP Trunking, Mobility, PBX, Call Recording, and Fax - or what they call infinitely scalable infrastructure for cloud communications in the AusPac region (August 23).