Australian Critical Minerals (ASX:ACM) is among several juniors rising on the Australian Securities Exchange (ASX) today (23 October), despite a broader market downturn.
The ASX has declined for most of this week, with the S&P/ASX 200 falling 0.50% over the past five trading sessions.
The index remains virtually unchanged year to date, falling 30.10 points in intraday trading at around noon AEDT today.
Despite the broader decline, eight of the 11 sectors are trading higher, although the Materials sector has bucked that positive trend.
The Materials sector has fallen 3.58% today, followed by the Energy sector, which is down 2.98%.
This negativity is reflected in the top five declining stocks, which includes Ora Banda Mining (ASX:OBM), Sunrise Energy Metals (ASX:SRL), and Elevra Lithium (ASX:ELV).
Mining giants BHP Group (ASX:BHP) and Rio Tinto (ASX:RIO) are also trading lower, down 3.33% and 2.10%, respectively.
Juniors incoming
Australian Critical Minerals is bucking the broader ASX downturn, with its share price up 13.04% at the time of writing.
Shares are now trading at $0.026 each, up from yesterday’s closing price of $0.023.
The company has 149.98 million shares on issue and a market capitalisation of $3.44 million.
Hamelin Gold (ASX:HMG) is also on the rise with an 8.82% increase to its share price in intraday trading.
The company’s shares are now trading at $0.18 each, up from yesterday’s closing price of $0.17.
Hamelin has 249.88 million shares on issue and a market capitalisation of $42.48 million.
Meanwhile, Viking Mines (ASX:VKA) is up 5.26% today, with its shares trading at around $0.010 each.
Yesterday afternoon, the company closed at $0.09 per share, with 2.58 million shares on issue and a market capitalisation of $24.47 million.
Write to Maddison Elliott at Mining.com.au
Main Image: Wikimedia Commons
