ASX Top 10 Momentum Stocks: 20 July 2023 - Finer Market Points

20 ก.ค. 2023

MGU TSX:MVP PV1 AW1 LNW LDX ASX:AZS IDA MP1 LRS

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:

Magnum Mining & Exploration (MGU): Magnum Mining & Exploration is a miner in IUS, Nevada, and West Virginia. They focus on iron ore concentrate and green pig iron production, aiming to serve steelmakers in the West Coast and Ohio River Valley areas.

Medical Developments (MVP): Medical Developments manufactures and distributes pharmaceutical drugs, medical equipment, and veterinary equipment. They sell Penthrox drugs in the Pharmaceuticals segment and medical devices and veterinary products in Australia, Europe, and Asia.

Provaris Energy Ltd (PV1): Provaris Energy Ltd is an oil and gas explorer working in the hydrogen markets, developing green hydrogen projects for export through compressed hydrogen. They have recently worked on hydrogen storage and marine carriers from Norway into Europe, addressing supply chain constraints.

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.

Light & Wonder Inc. (LNW):

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.

Azure Minerals (AZS): Azure Minerals is a mining company that explores and develops mineral deposits, with a focus on precious and base metals.

Indiana Resources (IDA):

Megaport Limited (MP1): Megaport Limited provides elastic interconnection services that enable enterprises to connect to cloud service providers.

Latin Resources Ltd (LRS): Latin Resources Ltd is an Australian-based mineral exploration company with a focus on lithium, copper, gold, and other base metals.