ASX shares making the biggest moves today

ASX shares running ahead of the market this afternoon include Cyprium Metals Ltd (ASX: CYM) and Bellevue Gold Ltd (ASX: BGL)

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The S&P/ASX 200 Index (ASX: XJO) has given back its gains from this morning and is down 0.60% at the time of writing. Here are the ASX shares that are ignoring the broader market and running much higher. 

4 ASX shares seeing big gains today 

Cyprium Metals Ltd (ASX: CYM) 

Cyprium Metals is a copper and gold explorer with a number of projects in the Murchison region of Western Australia. The company is currently undergoing a scoping study to determine the parameters required to develop a copper project in the region. 

The Cyprium share price opened as high as 30% higher today following the initial results of its reverse circulation drilling program at its Nanadie Well project. Its shares are currently 7.5% higher at the time of writing, on the highest trading volume since inception. 

Executive Director Barry Cahill was pleased with the preliminary investigations. 

We are pleased to announce the first results from the January 2021 Nanadie Well supergene RC drilling campaign. These fantastic results from the first four holes of the programme provide strong support to our understanding and demonstrate the potential of the supergene horizon at Nanadie Well.

We anticipate continued positive news flow over the coming weeks as the results for the remaining 62 holes are received.

SRJ Technologies Group PLC (ASX: SRJ) 

The SRJ share price has been in a constant decline since its IPO on 18 September. Its shares have slumped from 80 cents to 30 cents in just 7 months. 

SRJ provides a niche engineering service with products designed to maintain the integrity of pressure containment systems. The business struggled with widespread delays of repairs and maintenance in 2020 due to COVID.

More recently, on 15 March, the company upgraded its performance outlook in 2021 after experiencing increased levels of oil industry engagement and new market openings. Its share price has bounced 11% higher today, but is still near all-time lows. 

Market Herald Ltd (ASX: TMH)

The Market Herald is a stock market internet discussion forum and news platform. The company reported strong growth figures during February reporting season with a 469% increase in net profit before tax to $8.1 million for the 6 months ending 31 December 2020. It shares are up 9.80% today on no market sensitive news. 

Bellevue Gold Ltd (ASX: BGL)

The Bellevue share price has struggled to make headway due to weak gold prices. Its shares were hovering around 10-month lows, before bouncing 9.15% today. 

Bellevue believes it has one of the highest-grade new gold discoveries globally with a 2.4 million ounce reserve at 10g/tonne resource located in one of the highest-rated mining jurisdictions in the world. The project is currently undergoing a significant drilling program to target further resource conversion and growth across the project.

Motley Fool contributor Kerry Sun has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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