ASX Top 10 Momentum Stocks: 16 Oct 2023 - Finer Market Points


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:

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.

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.

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.

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

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.

Spenda Limited (SPX): Spenda Limited is engaged in the provision of digital payment solutions for businesses, helping provide smoother lending solutions.

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

Painchek Ltd (PCK): Painchek Ltd is a healthcare technology company that has developed an AI-driven pain assessment tool used by healthcare professionals to assess and manage pain in real-time, especially for non-verbal patients.

Torque Metals Limited (TOR): Torque Metals Limited is a WA miner near Kalgoorlie exploring for Li Au and Ni along the south string of St Ives Gold Mine with infrastructure and processing plants nearby at Bald Hill.


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