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ASX Small Cap Lunch Wrap: Investors worked up a thirst for these stocks
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Running the country appears to have been thirsty work for Donald Trump, but not for his successor in the Oval Office, President Joe Biden.
Trump was partial to drinking cola while working at the Resolute Desk in the White House, according to his staffers.
A special wooden box with a red button was installed on the desk which, when pressed, would summon a butler with a Diet Coke on a silver platter.
This could happen several times a day, his staff said.
Visitors to the Oval Office would sometimes stare quizzically at the red press-button device, wondering about its purpose — a trigger for a trapdoor to dispatch unwanted guests, perhaps?
The new President has already had the button removed from the Resolute Desk, as well as other paraphenalia such as military flags.
President Joe Biden has removed his predecessor’s soft drink summoning device from the Resolute Desk. Pic: AFP/Getty
To markets:
At lunch time in Sydney, the broad ASX All Ordinaries index was in the green at 7,109 points, a rise of 30.50 points or 0.4 per cent.
The ASX All Ords is within a hundred or so points of its February high of 7,255.
The market may have been buoyed by the Therapeutic Goods Administration approving Pfizer’s vaccine for COVID-19 in Australia.
Iron ore miners on the ASX were making solid gains this morning. Iron ore landed in China was trading at $US170 per tonne ($220/tonne) on Friday.
WINNERS
Here are the best performing ASX small cap stocks at 12pm Monday January 25:
Swipe or scroll to reveal the full table. Click headings to sort.
Stocks highlighted in yellow made market moving announcements
| CODE | NAME | PRICE | % CHANGE | VOLUME | MARKET CAP |
|---|---|---|---|---|---|
| T3D | 333D Limited | 0.002 | 100 | 1000000 | $ 1,065,995.76 |
| ANL | Amani Gold Ltd | 0.0015 | 50 | 950000 | $ 9,386,996.75 |
| CLZ | Classic Min Ltd | 0.0015 | 50 | 16825500 | $ 17,034,968.31 |
| UUV | UUV Aquabotix Ltd | 0.002 | 33 | 3000 | $ 3,582,562.22 |
| BPH | BPH Energy Ltd | 0.074 | 32 | 35260540 | $ 32,533,053.22 |
| HMX | Hammer Metals Ltd | 0.094 | 25 | 47054183 | $ 56,181,509.40 |
| MRQ | Mrg Metals Limited | 0.015 | 25 | 20501201 | $ 16,435,534.54 |
| ENA | Ensurance Ltd | 0.021 | 24 | 2615553 | $ 9,706,255.94 |
| CG1 | Carbonxt Group | 0.23 | 21 | 1615721 | $ 26,945,757.44 |
| AVL | Aust Vanadium Ltd | 0.029 | 21 | 18736055 | $ 70,323,811.54 |
| QXR | Qx Resources Limited | 0.018 | 20 | 67000 | $ 8,006,434.83 |
| DDD | 3D Resources Limited | 0.006 | 20 | 72575553 | $ 18,076,860.46 |
| NCR | Nucoal Resources Ltd | 0.012 | 20 | 15541045 | $ 7,686,123.54 |
| GEV | Global Ene Ven Ltd | 0.12 | 20 | 3897648 | $ 37,923,865.85 |
| BEM | Blackearth Minerals | 0.075 | 19 | 4314146 | $ 9,476,112.43 |
| PWN | Parkway Minls NL | 0.025 | 19 | 74911390 | $ 39,915,833.64 |
| ATC | Altech Chem Ltd | 0.058 | 18 | 28330925 | $ 60,704,584.19 |
| CAY | Canyon Resources Ltd | 0.14 | 17 | 2076693 | $ 73,668,426.24 |
| MRD | Mount Ridley Mines | 0.0035 | 17 | 10756736 | $ 11,655,639.13 |
| KIS | King Island | 0.145 | 16 | 1356410 | $ 38,004,584.25 |
| T3D | 333D Limited | 0.002 | 100 | 1000000 | $ 1,065,995.76 |
Digital printing company 333D (ASX:T3D) had the highest move of ASX small caps Monday at 100 per cent without issuing any fresh news.
The company last week told the ASX it was unaware of any market-moving news and in the year ended June 2020, 333D reported a net loss of $598,000.
Amani Gold (ASX:ANL) went up significantly even though its last update to the market was a pre-Christmas announcement on its gold project in the Democratic Republic of Congo.
The Africa-focused explorer said at the time it expected to complete a feasibility study for its Kebigada deposit in January 2021.
Kebigada has an estimated mineral resource of 4.1 million ounces at a cut-off grade of 0.5 grams per tonne (g/t) gold, and twice that of the deposit’s maiden resource estimate.
Hammer Metals (ASX:HMX) advanced strongly in Monday early trade, rising 25 per cent, as it pledged to follow up on its new copper and gold discovery at its Mount Isa East joint venture in Queensland.
The copper and gold explorer has extended its current drilling program for its Trafalgar prospect after making several impressive hits for copper and gold.
Hammer Metals’ intercepts announced last week included 55m at 1.12 per cent copper and 0.30 g/t gold from 119m.
LOSERS
Here are the worst performing ASX small cap stocks at 12pm Monday January 25:
Swipe or scroll to reveal the full table. Click headings to sort.
| CODE | NAME | PRICE | % CHANGE | VOLUME | MARKET CAP |
|---|---|---|---|---|---|
| CCE | Carnegie Cln Energy | 0.0015 | -25 | 14641128 | $ 23,064,137.12 |
| XPE | Xped Limited | 0.003 | -25 | 7370000 | $ 7,971,448.10 |
| IKW | Ikwezi Mining Ltd | 0.4 | -23 | 3000 | $ 21,137,986.48 |
| ROG | Red Sky Energy. | 0.002 | -20 | 1750000 | $ 6,079,805.49 |
| XTC | Xantippe Res Ltd | 0.002 | -20 | 490000 | $ 10,186,411.01 |
| EME | Energy Metals Ltd | 0.155 | -18 | 100000 | $ 39,839,829.28 |
| HT8 | Harris Technology Gl | 0.155 | -18 | 6780326 | $ 48,449,141.39 |
| NC6 | Nanollose Limited | 0.15 | -17 | 2984416 | $ 21,410,837.10 |
| KEY | KEY Petroleum | 0.005 | -17 | 2729166 | $ 11,807,568.76 |
| ERG | Eneco Refresh Ltd | 0.046 | -15 | 10000 | $ 14,707,350.74 |
| AGE | Alligator Energy | 0.012 | -14 | 27259299 | $ 32,989,855.25 |
| IMS | Impelus Ltd | 0.006 | -14 | 374000 | $ 5,623,422.60 |
| NPM | Newpeak Metals | 0.003 | -14 | 4035507 | $ 16,338,568.78 |
| VAL | Valor Resources Ltd | 0.007 | -13 | 2530425 | $ 15,366,784.68 |
| PNN | PepinNini Minerals | 0.53 | -12 | 2267015 | $ 22,852,814.40 |
| MHK | Metalhawk. | 0.23 | -12 | 1405324 | $ 9,375,600.00 |
| LIO | Lion Energy Limited | 0.031 | -11 | 111255 | $ 7,259,062.65 |
| BPM | BPM Minerals | 0.28 | -11 | 421649 | $ 7,796,250.00 |
| RCR | Rincon | 0.285 | -11 | 397513 | $ 11,896,547.20 |
| ENV | Enova Mining Limited | 0.041 | -11 | 650512 | $ 15,578,306.82 |
| ARO | Astro Resources NL | 0.0045 | -10 | 3226002 | $ 14,978,465.06 |
| CAV | Carnavale Resources | 0.009 | -10 | 3302122 | $ 20,422,303.03 |
Largest small caps faller on the ASX on Monday was Carnegie Clean Energy (ASX:CCE) the wave energy company that has restarted operations at its Garden Island microgrid in WA.
The company’s Garden Island operation had to temporarily halt its electricity generation activities while work was undertaken at a nearby naval base close to Fremantle port.
Internet technology company XPED (ASX:XPE) also dipped in early trade as investors reacted lukewarmly to its capital raising for nearly $1m.
XPED uses internet of things technology in the healthcare space including its specialty nurse call software that is used in hospitals and aged care facilities.
