Weekly ASX small cap wrap: Who came from nowhere to win this week?
News
News
No surprises that the week’s biggest winner was Orthocell (ASX:OCC), which rose 277 per cent to 41c after patients reported the company’s CelGro collagen scaffold treatment had helped their nerve damage issues.
Company chief Paul Anderson later told Stockhead “the sky is the limit” for Orthocell. “There has been a realisation within the market that we were grossly undervalued.”
The miner named after a song, Liontown Resources (ASX:LTR), keeps finding thick zones of high grade lithium outside the current resource at its Kathleen Valley lithium-tantalum project in WA and its shares rose 100 per cent to 7.6c.
The latest round of drilling results, which includes 18m at 1.6 per cent Li2O from 189m, could substantially increase the current mineral resource estimate, the company says.
Nex Metals Exploration (ASX:NME) rose 85 per cent to 2.4c, though it had no news out.
They were followed by Pure Alumina (ASX:PUA), up 78 per cent, to 6.6c, after announcing sales growth of a company called Polar Sapphire, which it is acquiring.
Dreamscape Networks (ASX:DN8) had a great week, up 35 per cent to 14c after telling the market it has basically smashed it in 2019, lifting revenue by 16-18 per cent and profit by a massive 59 per cent.
Here are the best performing ASX small cap stocks for May 6-10:
Swipe or scroll to reveal full table. Click headings to sort
Ticker | Name | Price last Friday | Price this Friday | % change | Market cap |
---|---|---|---|---|---|
OCC | ORTHOCELL LTD | 0.11 | 0.41 | 277 | $ 50,150,588 |
LTR | LIONTOWN RESOURCES LTD | 0.04 | 0.076 | 100 | $ 122,262,816 |
NME | NEX METALS EXPLORATION LTD | 0.013 | 0.024 | 85 | $ 4,575,829 |
PUA | PURE ALUMINA LTD | 0.027 | 0.066 | 78 | $ 8,212,365 |
GMC | GULF MANGANESE CORP LTD | 0.005 | 0.009 | 60 | $ 33,744,572 |
HWK | HAWKSTONE MINING LTD | 0.013 | 0.021 | 54 | $ 11,406,360 |
PCL | PANCONTINENTAL OIL & GAS NL | 0.002 | 0.002 | 50 | $ 16,220,146 |
SBR | SABRE RESOURCES LTD | 0.004 | 0.006 | 50 | $ 2,034,868 |
ADD | ADAVALE RESOURCES LTD | 0.010 | 0.003 | 50 | $ 332,579 |
FFC | FARMAFORCE LTD | 0.08 | 0.115 | 44 | $ 14,697,113 |
SES | SECOS GROUP LTD | 0.036 | 0.05 | 42 | $ 15,486,524 |
DW8 | DIGITAL WINE VENTURES LTD | 0.005 | 0.007 | 40 | $ 5,449,641 |
DDT | DATADOT TECHNOLOGY LTD | 0.008 | 0.009 | 37 | $ 8,916,670 |
GLE | GLG CORP LTD | 0.11 | 0.15 | 36 | $ 11,115,000 |
TSL | TITANIUM SANDS LTD | 0.014 | 0.019 | 36 | $ 12,071,007 |
KPO | KALINA POWER LTD | 0.020 | 0.028 | 35 | $ 19,578,862 |
DN8 | DREAMSCAPE NETWORKS LTD | 0.1 | 0.14 | 35 | $ 52,494,300 |
BMG | BMG RESOURCES LTD | 0.009 | 0.012 | 33 | $ 6,692,789 |
CVS | CERVANTES CORP LTD | 0.003 | 0.004 | 33 | $ 1,994,033 |
PWN | PARKWAY MINERALS NL | 0.003 | 0.004 | 33 | $ 2,433,308 |
BUY | BOUNTY OIL & GAS NL | 0.003 | 0.004 | 33 | $ 3,813,604 |
UWL | UNITI WIRELESS LTD | 0.615 | 0.87 | 33 | $ 107,439,320 |
AJJ | ASIAN AMERICAN MEDICAL GROUP | 0.09 | 0.12 | 33 | $ 40,530,332 |
IBN | IBUYNEW GROUP LTD | 0.023 | 0.03 | 30 | $ 653,805 |
The week’s biggest faller was Actinogen Medical (ASX:ACW), which sadly revealed a 10mg dose of its drug Xanamem was safe and well-tolerated by patients, but not effective in treating Alzheimer’s disease.
Shares in Actinogen fell 69 per cent to 1.5c, though the biotech lives to fight another day and will continue to trial different dosages to treat patients.
Here are the worst performing ASX small cap stocks for May 6-10:
Swipe or scroll to reveal full table. Click headings to sort
Ticker | Name | Price last Friday | Price this Friday | % change | Market cap |
---|---|---|---|---|---|
GES | GENESIS RESOURCES LTD | 0.008 | 0.006 | -25 | $ 4,697,048 |
TSC | TWENTY SEVEN CO LTD | 0.004 | 0.003 | -25 | $ 2,676,184 |
MSR | MANAS RESOUCES LTD | 0.004 | 0.003 | -25 | $ 7,929,488 |
PCH | PROPERTY CONNECT HOLDINGS | 0.004 | 0.003 | -25 | $ 2,057,590 |
CAD | CAENEUS MINERALS LTD | 0.002 | 0.002 | -25 | $ 2,792,948 |
MZN | MARINDI METALS LTD | 0.004 | 0.003 | -25 | $ 6,397,113 |
RCP | REDBANK COPPER LTD | 0.024 | 0.018 | -25 | $ 2,105,494 |
PUR | PURSUIT MINERALS LTD | 0.023 | 0.016 | -26 | $ 3,034,965 |
CXZ | CONNEXION TELEMATICS LTD | 0.011 | 0.008 | -27 | $ 6,761,321 |
LMW | LANDMARK WHITE LTD | 0.38 | 0.275 | -28 | $ 23,411,880 |
TBH | BETMAKERS HOLDINGS LTD/THE | 0.053 | 0.04 | -28 | $ 11,483,966 |
P2P | P2P TRANSPORT LTD | 0.32 | 0.23 | -28 | $ 19,608,304 |
CZR | COZIRON RESOURCES LTD | 0.014 | 0.010 | -29 | $ 17,855,512 |
KKL | KOLLAKORN CORP LTD | 0.010 | 0.007 | -30 | $ 1,468,440 |
ABV | ADVANCED BRAKING TECHNOLOGY | 0.010 | 0.007 | -30 | $ 2,079,349 |
ENT | ENTERPRISE METALS LTD | 0.010 | 0.007 | -30 | $ 2,809,889 |
HCO | HYLEA METALS LTD | 0.028 | 0.017 | -32 | $ 1,902,629 |
QTG | Q TECHNOLOGY GROUP LTD | 0.009 | 0.006 | -33 | $ 901,237 |
VAR | VARISCAN MINES LTD | 0.001 | 0.001 | -33 | $ 1,271,074 |
ARO | ASTRO RESOURCES NL | 0.003 | 0.002 | -33 | $ 2,544,195 |
RXH | REWARDLE HOLDINGS LTD | 0.003 | 0.003 | -33 | $ 1,052,643 |
CMC | CHINA MAGNESIUM CORP LTD | 0.035 | 0.020 | -43 | $ 9,248,771 |
ICU | ISENTRIC LTD | 0.012 | 0.006 | -50 | $ 1,101,930 |
TMK | TAMASKA OIL & GAS LTD | 0.002 | 0.001 | -50 | $ 1,960,000 |
ACW | ACTINOGEN MEDICAL LTD | 0.048 | 0.015 | -69 | $ 16,788,470 |