Weekly ASX small cap wrap: Who crushed it this week?
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On Tuesday, Predictive Discovery (ASX: PDI) led the market from post-to-post after announcing a gold discovery at its Ferkessedougou North project in Cote D’Ivoire.
Predictive unveiled thick, high grade gold intercepts in a body up to 100m wide and at least 210m long. It remains open to the south and at depth, the company says.
Significant intersections included 9m at 10.31g/t gold, inside a larger 45.3m intersection grading 3.16g/t.
The Predictive share price rose as much as 200 per cent, before closing the week up 78 per cent. Major Predictive shareholder Aurora Minerals (ASX:ARM) also went along for the ride, up 112 per cent for the week.
READ: This is why ‘prospect generators’ are more likely to deliver the big returns
Security tech company Kollakorn Limited (ASX: KKL) says it has successfully proven its biometric authentication technology works in real life.
The company achieved ‘proof of concept’ for its CertainID tech after CSIRO subsidiary Data61 successfully integrated it with a separate iris-scanning system. The stock was up 60 per cent for the week, reaching its highest point since early 2018.
Here are the best performing ASX small cap stocks for May 31-June 07:
Swipe or scroll to reveal full table. Click headings to sort:
Ticker | Name | Price last Friday | Price this Friday | % change | Market Cap |
---|---|---|---|---|---|
ADD | ADAVALE RESOURCES | 0.003 | 0.009 | 200 | $997,737.06 |
NTI | NEUROTECH INTERNATIONAL | 0.012 | 0.025 | 117 | $3,529,340.50 |
ARM | AURORA MINERALS | 0.008 | 0.017 | 112 | $2,811,198.75 |
AHN | ATHENA RESOURCES | 0.013 | 0.024 | 85 | $6,502,822.00 |
PDI | PREDICTIVE DISCOVERY | 0.009 | 0.019 | 78 | $4,722,273.00 |
KKL | KOLLAKORN | 0.01 | 0.016 | 60 | $3,356,435.00 |
NES | NELSON RESOURCES | 0.05 | 0.079 | 58 | $3,601,834.75 |
ANL | AMANI GOLD | 0.002 | 0.0025 | 50 | $15,639,682.00 |
AVW | AVIRA RESOURCES | 0.002 | 0.003 | 50 | $3,000,000.00 |
RNX | RENEGADE EXPLORATION | 0.002 | 0.003 | 50 | $2,137,880.00 |
BLK | BLACKHAM RESOURCES | 0.007 | 0.01 | 43 | $31,042,176.00 |
DTM | DART MINING | 0.006 | 0.007 | 40 | $7,079,633.00 |
K2F | K2FLY | 0.115 | 0.16 | 39 | $12,056,663.00 |
VMG | VDM GROUP | 0.002 | 0.002 | 33 | $12,555,322.00 |
GPP | GREENPOWER ENERGY | 0.0015 | 0.002 | 33 | $3,886,414.25 |
NOR | NORWOOD SYSTEMS | 0.003 | 0.004 | 33 | $8,306,041.00 |
OVL | ORO VERDE | 0.002 | 0.002 | 33 | $3,111,357.00 |
RXH | REWARDLE | 0.003 | 0.004 | 33 | $2,105,286.00 |
SMI | SANTANA MINERALS | 0.003 | 0.004 | 33 | $2,700,798.00 |
EHX | EHR RESOURCES | 0.03 | 0.04 | 33 | $5,066,719.50 |
FPL | FREMONT PETROLEUM | 0.01 | 0.011 | 30 | $21,688,360.00 |
RAN | RANGE INTERNATIONAL | 0.024 | 0.031 | 29 | $6,232,704.50 |
BMG | BMG RESOURCES | 0.011 | 0.014 | 27 | $7,808,253.50 |
NVA | NOVA MINERALS | 0.015 | 0.019 | 27 | $14,708,549.00 |
ABV | ADVANCED BRAKING TECHNOLOGY | 0.015 | 0.019 | 27 | $5,643,946.00 |
HFR | HIGHFIELD RESOURCES | 0.73 | 0.95 | 26 | $303,163,008.00 |
LKE | LAKE RESOURCES | 0.08 | 0.1 | 25 | $40,328,600.00 |
CY5 | CYGNUS GOLD | 0.04 | 0.05 | 25 | $3,034,167.00 |
SHH | SHREE MINERALS | 0.006 | 0.008 | 25 | $4,558,026.50 |
GBZ | GBM RESOURCES | 0.004 | 0.005 | 25 | $5,452,985.00 |
It’s been a rough week for fledgling WA gold producers. On June 3 the troubled 1.3 million ounce Dalgaranga gold operation forced Gascoyne Resources (ASX:GCY) went into administration.
The miner, which poured first gold from Dalgaranga mid-2018, was struggling with lower-than-expected grades from the already low-grade project.
A few days later Dacian Gold (ASX:DCN), which had only declared commercial production at its Mount Morgan operation in January, was forced to announce its second production downgrade in three months.
The Western Australian miner blamed underground contractor performance issues and lower than expected grades, as well as a ball mill failure which forced Dacian to suspended production for three days.
The market responded violently, sending the stock down 72 per cent from 1.58c to 43c.
Here are the worst performing ASX small cap stocks for May 31-June 7:
Swipe or scroll to reveal full table. Click headings to sort:
Ticker | Name | Price last Friday | Price this Friday | % change | Market Cap |
---|---|---|---|---|---|
TMZ | THOMSON RESOURCES | 0.035 | 0.026 | -26 | $2,933,169.00 |
IPD | IMPEDIMED | 0.155 | 0.12 | -26 | $43,677,460.00 |
AZY | ANTIPA MINERALS | 0.019 | 0.0155 | -26 | $29,068,656.00 |
ADR | ADHERIUM | 0.034 | 0.025 | -26 | $4,356,848.50 |
WHK | WHITEHAWK | 0.145 | 0.11 | -28 | $16,413,515.00 |
LMW | LANDMARK WHITE | 0.27 | 0.18 | -28 | $15,324,140.00 |
EER | EAST ENERGY RESOURCES | 0.007 | 0.005 | -29 | $16,004,935.00 |
JPR | JUPITER ENERGY | 0.024 | 0.017 | -29 | $2,607,420.75 |
RIE | RIEDEL RESOURCES | 0.01 | 0.007 | -30 | $2,926,488.00 |
AAU | ADCORP AUSTRALIA | 0.01 | 0.007 | -30 | $3,185,522.00 |
MOY | MILLENNIUM MINERALS | 0.105 | 0.075 | -30 | $65,056,616.00 |
AIY | AUTHORISED INVESTMENT FUND | 0.059 | 0.043 | -31 | $17,302,712.00 |
RMG | RMG | 0.016 | 0.011 | -31 | $6,774,513.50 |
CTM | CENTAURUS METALS | 0.009 | 0.0065 | -33 | $16,253,893.00 |
SPB | SOUTH PACIFIC RESOURCES | 0.004 | 0.002 | -33 | $331,030.63 |
DTR | DATELINE RESOURCES | 0.003 | 0.002 | -33 | $15,938,908.00 |
TSC | TWENTY SEVEN CO | 0.003 | 0.0025 | -33 | $1,962,122.63 |
GGX | GAS2GRID | 0.003 | 0.002 | -33 | $3,457,227.25 |
VPR | VOLT POWER GROUP | 0.0015 | 0.001 | -33 | $8,244,533.50 |
MYQ | MYFIZIQ | 0.25 | 0.016 | -36 | $14,526,169.00 |
ARD | ARGENT MINERALS | 0.016 | 0.011 | -38 | $5,395,613.50 |
VAR | VARISCAN MINES | 0.002 | 0.001 | -50 | $1,271,073.63 |
AKN | AUKING MINING | 0.002 | 0.001 | -50 | $932,584.44 |
COY | COPPERMOLY | 0.01 | 0.005 | -50 | $8,615,217.00 |
SUR | SUN RESOURCES | 0.002 | 0.001 | -50 | $881,057.56 |
DCN | DACIAN GOLD | 1.58 | 0.043 | -72 | $99,313,896.00 |