ASX Top 10 Momentum Stocks: 2 August 2023 - Finer Market Points

2 Agu 2023

AW1 RBL RDX ASX:AZS NXL PCL 3DP PAC LRS ASX:GCY

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.

Redbubble Limited (RBL): Redbubble runs an online marketplace that connects independent artists with customers who can buy an array of customizable products, namely, but not limited to apparel, houseware, calendars, canvas prints, greeting cards, photographic prints, posters, scarves, stickers, through to throw pillows, and bags.

Redox Limited (RDX): Redox Limited is a global chemical, ingredient, and raw material distributor active in more than 1000 specialty and commodity products from rubber, agricultural to lubricants, and surface coating materials. The company has been around since 1965.

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.

Nuix Limited (NXL): Nuix 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.

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

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 datasets from mining, electrical grids, and other infrastructure projects.

Pacific Group Ltd (PAC): PAC is in the investing and asset management space, covering private advisory, placement, and investment-related firms.

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

Gascoyne Resources Ltd (GCY): Gascoyne Resources 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.