Finer Market Points: ASX Top 10 Momentum Stocks: 19 Oct 2023

ASX:DCN PIL NOX ASX:LPI BIT VMM STK BPH ASX:XTE RED

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 on Fridays.

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

Dacian Gold Limited (DCN): Dacian Gold Limited is a gold explorer and developer with a 2.9Mtpa processing facility in the Leonora region of WA.

Peppermint Innovation Limited (PIL): Peppermint Innovation Limited is a company focused on delivering a range of banking, financial services, delivery and logistics, and remittance solutions, including mobile banking through mobile wallets.

Noxopharm Limited (NOX): Noxopharm Limited is a clinical-stage Australian drug development company with a focus on oncology. They are developing innovative cancer therapies, specifically for pancreatic cancer.

Lithium Power International Limited (LPI): Lithium Power International Limited is a company focused on lithium, with projects in Chile and Western Australia.

Biotron Limited (BIT): Biotron Limited is a biotechnology company focused on the discovery and development of novel antiviral therapies for the treatment of HIV-1 and Hepatitis C virus (HCV).

Viridis Mining and Minerals Limited (VMM): Viridis Mining and Minerals Limited is exploring gold, Ni, Cu, PGE, and Kaloin-halloysite assets in Canada and WA SA and NSW.

Strickland Metals Limited (STK): Strickland Metals Limited is a mineral exploration company focused on gold, copper, Zi, Pb, and Silver in Western Australia.

BPH Energy Ltd (BPH): BPH Energy Ltd focuses on investments in the oil and gas sector, biotechnology, and other niche sectors via early stage funding for commercial proof of concept, research, and product development. BPH often partners with academic institutions and is currently working on Clean Hydrogen projects.

Xtek Limited (XTE): Xtek Limited is a provider of security and defence solutions, including body armour and advanced ballistic protection, explosive ordinate disposal, small unmanned aerial systems, and tactical protective solutions.

Red 5 Limited (RED): Red 5 Limited is a mid-tier Australian gold producer in WA, 28km north of Leonora, after establishing the King of the Hills Processing Hub with 4.7mtpa capacity.
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