ASX Top 10 Momentum Stocks: 19 July 2023 - Finer Market Points

FWB:SOV MGU LDX PV1 ASX:AZS AW1 LRS MP1 TGM ARL

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:

Sovereign Cloud Holdings (SOV): Sovereign Cloud Holdings provides cloud-based infrastructure as a service. They offer official and protected data community environments and storage and back-up systems for the Australian government, Australian Defence Force, and critical national industry communities.

Magnum Mining & Exploration (MGU): Magnum Mining & Exploration is a miner in IUS, Nevada, and West Virginia. They focus on iron ore concentrate and green pig iron production, aiming to serve steelmakers in the West Coast and Ohio River Valley areas.

Lumos Diagnostics (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.

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.

Americanwestmetals (AW1):

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.

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

Theta Gold Mines Ltd (TGM):

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