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ASX Top 10 Momentum Stocks: 21 August 2023 - Finer Market Points

ASX:BOT   BOTANIX PHARMACEUTICALS LTD
LDX LU7 LLI WC8 AW1 ROG BOT ASX:GCY ARL IR1

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 through our Friday video on our YT channel.

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

Lumos Diagnostics Holdings Limited (LDX): Lumos Diagnostics engages in the development and manufacture of point-of-care (POC) diagnostics solutions to help healthcare professionals more accurately diagnose and manage medical conditions.

LU7 Lithium Universe Ltd: LU7 Lithium Universe Ltd is a Lithium miner with recent corporate restructuring. (August 2023)

Loyal Lithium Limited (LLI): Loyal Lithium Ltd is a battery metals miner with a controlling stake in the Hidden Lake Lithium Project in Yellowknife, Northern Territories of Canada, through a joint venture with Patriot Battery Metals, also listed on the ASX.

Wildcat Resources Limited (WC8): Wildcat Resources is a WA and NSW gold explorer with exposure to lithium, caesium, tantalum, nickel, and copper as well.

American West Metals Limited (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.

Red Sky Energy Limited (ROG): Red Sky Energy Limited is an Australian oil and gas exploration company with a focus on acquiring and developing conventional oil and gas assets.

Botanix Pharmaceuticals Ltd (BOT): Botanix Pharmaceuticals Ltd is a medical dermatology company, engaged in the development of cannabinoid-based products for the treatment of skin diseases.

Gascoyne Resources Limited (GCY): 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.

Ardea Resources Limited (ARL): Ardea Resources Ltd is a mineral exploration and development company focused on nickel, cobalt, and gold projects in Western Australia.

Iris Metals Limited (IR1): Iris Metals Limited is a hard rock Lithium miner in South Dakota USA as well as gold, nickel, and lithium in Western Australia.

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