Vertex Minerals (ASX:VTX) has jumped 12.67% by 1:30pm AEDT during a quieter day (13 November) on the Australian Securities Exchange (ASX).
The S&P/ASX 200 has lost 58.80 points at this time, representing a 0.64% decrease.
Over the trading week, the index has gained 0.74% and is currently sitting 2.24% off its 52-week high.
The Materials sector is one of nine lower-performing sectors, with a 0.95% drop, behind the A-REIT sector’s 1.24% decrease.
IperionX (ASX:IPX) is among the worst performers on the index today, with its share price down 5.02%.
However, some materials companies have made it into the top five gainers.
PLS Group (ASX:PLS) and Liontown (ASX:LTR) have both made the top five, with gains of 2.8% and 2.63%, respectively.
ASX mining giants BHP Group (ASX:BHP), Glencore (ASX:GLC), and Rio Tinto (ASX:RIO) all appear to be in strife, with their share prices down 1.02%, 3.1%, and 1.05%, respectively.
Breaking through
Vertex’s 12.67% gain brings its share price to $0.080 in intraday trading.
The company has 434.99 million shares on issue and a market capitalisation of $30.88 million.
Connected Minerals (ASX:CML) is also performing higher today, with its share price up 4.16%.
The company is trading at $0.25 per share, with 144.65 million shares on issue and a market capitalisation of $34.71 million.
Write to Maddison Elliott at Mining.com.au
Main image: ASX
