ASX Top 10 Momentum Stocks: 22 August 2023 - Finer Market Points

22 sie 2023

LDX WC8 RRDX LLI AW1 ASX:GCY CC1X IIR1 NXL ASX:AZS

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.

The Launch Pad List is published weekly through our Friday video on our YT channel.

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

Lumos Diagnostics (LDX): Lumos Diagnostics engages in the development and manufacture of point-of-care (POC) diagnostics solutions to help healthcare professionals more accurately diagnose and manage medical conditions.

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

Redox Limited (RDX): Redox Limited is a global chemical, ingredient, and raw material distributor active in more than 1000 specialty and commodity products.

Loyal Lithium Ltd (LLI): Loyal Lithium Ltd is a battery metals miner with a controlling stake in the Hidden Lake Lithium Project in Yellowknife, Northern Territories of Canada, through a joint venture with Patriot Battery Metals, also listed on the ASX.

American West Metals Limited (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.

Gascoyne Resources Ltd (GCY): 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.

Cosmos Exploration Ltd (C1X): Cosmos Exploration Ltd is an Australian-based exploration company focused on the development of mineral resources, including lithium spodumene near Patriot Lithium in Quebec Canada, copper-gold in NSW, and Ni Cu PGE plus REE in WA.

Iris Metals Ltd (IR1): Iris Metals Limited is a hard rock Lithium miner in South Dakota USA as well as gold, nickel, and lithium in Western Australia.

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.

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