ASX Top 10 Momentum Stocks: 18 July 2023 - Finer Market Points

NOU ARL PV1 AZS TSX:MVP EOS TNC MP1 LRS COB

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.

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

Noumi Limited (NOU): Noumi Limited manufactures and sells food products in the Dairy and Plant Based Beverages segments. They offer dairy milk beverages, nutritional products, performance and adult nutritional powders, as well as plant-based products with names like MilkLab, Australia's Own, So Natural, and more.

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

Provaris Energy Ltd (PV1): Provaris Energy Ltd is an oil and gas explorer working in the hydrogen markets, developing green hydrogen projects for export through compressed hydrogen. They have recently worked on hydrogen storage and marine carriers from Norway into Europe, addressing supply chain constraints.

Azure Minerals (AZS): Azure Minerals is a mining company that explores and develops mineral deposits, with a focus on precious and base metals.

Medical Developments (MVP): Medical Developments manufactures and distributes pharmaceutical drugs, medical equipment, and veterinary equipment. They sell Penthrox drugs in the Pharmaceuticals segment and offer medical devices and veterinary products in Australia, Europe, and Asia.

Electro Optic Systems Holdings Ltd. (EOS): Electro Optic Systems Holdings Ltd. creates advanced electro-optic technologies for the aerospace market. They specialize in software, lasers, electronics, optics, gimbals, telescopes, beam directors, optical coatings, and precision mechanisms. EOS operates in the Communication Systems, Defence Systems, and Space segments, providing microwave and on-the-move radio and satellite products, advanced fire control, surveillance and weapon systems to approved military customers. They are also involved in surveillance systems in the Space segment.

True North Copper (TNC): True North Copper is a copper and cobalt focused mining explorer in Queensland, Cloncurry, and Mt Oxide.

Megaport Limited (MP1): Megaport Limited provides elastic interconnection services that enable enterprises to connect to cloud service providers.

Latin Resources Ltd (LRS): Latin Resources Ltd is an Australian-based mineral exploration company with a focus on lithium, copper, gold, and other base metals.

Cobalt Blue Ltd (COB): Cobalt Blue Ltd focuses on cobalt mining and refining operations, with a technology to extract cobalt from pyrite and other host minerals.