10 ASX Companies That Performed On Top Today - 10 June 2020
The S&P/ASX 200 Index managed to just edge out a gain by 0.1 percent to conjure up an impressive seventh straight win.
‘Buy now, pay later’ fintech company Afterpay (ASX:APT) soared 7.5 percent, retail giant Harvey Norman (ASX:HVN) advanced 7.3 percent, whileWesfarmers (ASX:WES) rose 4.9 percent and Biopharmaceutical giant CSL (ASX:CSL) firmed 2.6 percent.
Notable mining and resources stocks such as Saracen Mineral Holdings (ASX:SAR)rose 8.5 percent while Gold Road Resources (ASX:GOR) advanced 6.1 percent.
Banking blue chips fell slightly across the big 4 as National Australia Bank (ASX:NAB) descended 1.5 percent, ANZ (ASX:ANZ) lagged 1.1 percent while Westpac (ASX:WBC) and Commonwealth Bank (ASX:CBA) both fell slight below 1 percent.
Musgrave Minerals Ltd (ASX:MGV)
MGV surged 33.9 percent to steal the top spot yet again after Tuesday’s massive 73.3 percent gain after hitting 12 metres at 112.9 g/t gold near-surface in reverse circulation (RC) drilling at Starlight discovery within the flagship Cue Gold Project in Western Australia. Since its announcement to recommence drilling at the High-Grade Starlight Link Lode in early May, couple with the strong Gold rally of late, MGV has been performing phenomenally. Its biggest project is the Cue Gold Project which hosts mineral resources totalling 6.45 million tonnes at 3 g/t gold for 613,000 ounces contained gold.
Ardent Leisure Group Ltd (ASX:ALG)
Global operators of leisure assets ALG soared 23.8 percent to after Queensland government announced on Monday that they will supply a AUD 50 million tourism recovery package for all Gold Coast theme parks, with around AUD 11 million allocated to ALG amongst 2 other theme park operators. ALG is best known for its Dreamworld property.
Flinders Mines Ltd (ASX:FMS)
FMS saw its share price up 19 percent after releasing the ASX announcement titled, “Foreign Investment Review Board approval received”. This is in relation to next step in finalising its farm-in incorporated joint venture with BBI Group Pty Ltd (BBIG) in relation to the Company’s flagship Pilbara Iron Ore Project with approval from the Foreign Investment Review Board (FIRB).
Integral Diagnostics Ltd (ASX:IDX)
Oz-based medical imaging services company advanced 14.6 percent after its AUD 47.7 million acquisition of Ascot Radiology to expand its footprint in the New Zealand market. The acquisition is funded by AUD 38.2 million in cash and AUD 9.5 million in new ordinary IDX shares.
Betmakers Technology Group Ltd (ASX:BET)
Online betting firm BET rose 14 percent after securing rights for Fixed Odds betting at the Monmouth Park race track in New Jersey, USA. BetMakers DNA (a subsidiary of BET), secured the rights through a five-year agreement with Darby Development, the operator of Monmouth Park, and the New Jersey Thoroughbred Horsemen Association.
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