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Atlas Iron dethrones Serpentine Technologies as Most Active in early trade

Atlas Iron has traded over $1 million of stock in strong early trade.
Atlas Iron dethrones Serpentine Technologies as Most Active in early trade
The ASX most active in the first 45 minutes of trade

Atlas Iron Ltd (ASX:AGO) has taken back the mantle as the most traded stock on the ASX at 10:45am, with 32 million changing hands.

Shares have also added 3.1% to $0.033.

Atlas is currently undergoing a diversification strategy which is expected to generate strong free cashflow for a minimal capital outlay.

Under a deal with Pilbara Minerals (ASX:PLS), Atlas will purchase 1 million tonnes to 1.5 million tonnes of lithium DSO from the company over 15 months.

Also providing some trader action once again is Serpentine Technologies Ltd (ASX:S3R), which has had volume of 29 million shares, although its valuation has remained flat at $0.014.

The company is actively reviewing opportunities across a number of sectors including Blockchain enabled technologies.

Company Name Code Last Change Volume
Atlas Iron Ltd AGO $0.033 3.13% 33,200,588
Serpentine Technologies Ltd S3R $0.014 0% 29,364,735
Orinoco Gold Ltd OGX $0.059 15.69% 20,399,392
Vital Metals Ltd VML $0.013 -7.14% 19,175,729
Chapmans Ltd CHP $0.019 11.77% 13,164,076
Ardiden Ltd ADV $0.027 12.50% 13,082,653
Sayona Mining Ltd SYA $0.110 -4.35% 12,881,726
Clancy Exploration Ltd CLY $0.005 25% 12,054,579
Terrain Minerals Ltd TMX $0.012 9.09% 10,716,692
Dark Horse Resources Ltd DHR $0.033 0% 9,715,062

 

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