Finer Market Points: ASX Top 10 Momentum Stocks: 24 Oct 2023ASX:DCN ASX:LPI NYSE:STK TSX:DXB ASX:BPH NYSE:BIT ASX:XTE CBOE:SPX BME:RED NYSE:BKT
Momentum leading shares are the market's best performers today in the Security sector. 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 in the Security sector 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.
Lithium Power International Limited (LPI): Lithium Power International Limited is a company focused on lithium, with projects in Chile and Western Australia.
Strickland Metals Limited (STK): Strickland Metals Limited is a mineral exploration company focused on gold, copper, Zi, Pb, and Silver in Western Australia.
Dimerix Limited (DXB): Dimerix Limited is a clinical-stage biopharmaceutical company specializing in inflammatory diseases, including both kidney and respiratory diseases. Dimerix is currently focused on developing its proprietary Phase 3 product candidate DMX-200.
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.
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).
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.
Spenda Limited (SPX): Spenda Limited is engaged in the provision of digital payment solutions for businesses, helping provide smoother lending 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.
Black Rock Mining Limited (BKT): Black Rock Mining Limited is an Australian-based company focused on developing the Mahenge Graphite Project in Tanzania.
