Tuesday’s Top 10 ASX Companies

The S&P/ASX200 Index dip slightly at 0.08 percent as banks fell. Gold miners on the other hand managed to record a good run on Tuesday.

Banks dragged the index down as Australia and New Zealand Banking Group (ASX:ANZ) fell 1.9 percent, Commonwealth Bank of Australia (ASX:CBA) retreated 1.7 percent, Westpac (ASX:WBC) dipped 1.5 percent and National Australia Bank (ASX:NAB) dropped 1.4 percent.

Gold miners had a good field day as Silver Lake Resources (ASX:SLR) surged 8.2 percent, Perseus Mining (ASX:PRU) soared 6.2 percent and Resolute Mining (ASX:RSG) jumped 5 percent.

‘Buy-now, pay-later’ sector were mostly up Sezzle (ASX:SZL) rocketed 14.2 percent, Zip Co (ASX:Z1P) flew 3.9 percent, Afterpay (ASX:APT) gained 3.4 percent while Splitit (ASX:SPT) slid 0.3 percent.

EcoGraf Ltd (ASX:EGR)
Supplier of environmentally friendly natural flake and battery (spherical) graphite products, EGR skyrocketed 64 percent on Tuesday having seen its share price flew 51 percent on Monday. On 17 August, EGR announced significant battery recycling results on the ASX.

Los Cerros Ltd (ASX:LCL)
Junior gold and copper explorer LCL soared 44.8 percent after announcing on the exchange that they secured AUD 10 million in private placement for its multi-rig drilling programs

88 Energy Ltd (ASX:88E)
Alaskan North Slope Oil Explorer 88E surged 33.3 percent having recently announced substantial upgrade to the Net Pay encountered on the Charlie-1 appraisal well, drilled earlier this year on the North Slope of Alaska. Read StockPal’s coverage here: https://stockpal.asia/2020/09/88-energy-upgrades-net-pay-from-charlie-1-well-confirms-large-oil-discovery/

Blue Energy Ltd (ASX:BLU)
Rapidly evolving oil and gas exploration company BLU jumped 26.4 percent after releasing its annual report to shareholders earlier today.

Andromeda Metals Ltd (ASX:ADN)
Industrial minerals focused explorer for gold, lithium and copper, ADN rose 26 percent today after the bell. ADN’s major project is the Poochera Halloysite-Kaolin Project in South Australia between Andromeda Metals and Minotaur Exploration Limited (ASX:MEP) and contains the world class halloysite-kaolin Carey’s Well deposit.

 

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