You know it’s a rough day for markets when Queensland announced it’s letting Sydneysiders in again and even stocks that’d benefit are down.

Last time Queensland re-opened in late November, travel stocks such as Flight Centre (ASX:FLT) and Qantas (ASX:QAN) rallied but even they’re down today.

The ASX has shed nearly 2.5 per cent this morning, the worst day since June, following pullbacks on Wall St and in Europe.

But here’s one stock that has gone against the tide – again.

https://twitter.com/Colgo/status/1354575115829219330?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1354575115829219330%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.smh.com.au%2Fbusiness%2Fmarkets%2Fasx-to-fall-again-wall-street-s-worst-day-in-three-months-20210128-p56xdi.html

This company shares the same code as US listed esports provider GameStop (NYSE:GME) which gained another 134 per cent overnight and is now up over 400 per cent in a week.

Despite the stock being reliant on selling video games to physical stores, it saw a merry band of Redditors (and also, Elon Musk) buy in over recent days.

 

WINNERS

Here are the best performing ASX small cap stocks at 12pm Thursday January 28:

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
CLZ Classic Min Ltd 0.0015 50 11750000 $ 17,034,968.31
AYM Australia United Min 0.01 43 5299390 $ 12,898,042.40
GME GME Resources Ltd 0.1 33 5998974 $ 41,765,019.75
BUY Bounty Oil & Gas NL 0.046 31 76584908 $ 38,374,034.37
FFT Future First Tech 0.063 31 2561713 $ 26,549,080.99
KGD Kula Gold Limited 0.054 26 1202280 $ 6,699,642.18
UUV UUV Aquabotix Ltd 0.0025 25 8733334 $ 4,776,749.62
QXR Qx Resources Limited 0.022 22 11414002 $ 9,607,721.80
HWK Hawkstone Mng Ltd 0.047 21 202174011 $ 58,951,368.14
DDD 3D Resources Limited 0.006 20 413999 $ 18,076,860.46
XTC Xantippe Res Ltd 0.003 20 338064 $ 10,186,411.01
BPH BPH Energy Ltd 0.25 19 93483584 $ 121,998,949.59
HNR Hannans Ltd 0.0095 19 8632332 $ 18,879,817.54
RLT Renergen Limited 1.55 17 279825 $ 22,997,917.11
PVL Powerhouse Ven Ltd 0.059 16 33813 $ 3,295,796.77
IDZ Indoor Skydive Aust 0.016 14 3427446 $ 4,713,801.39
OVT Ovato Limited 0.008 14 125000 $ 61,129,685.76
URW Unibailrodawestfield 5.23 13 3182637 $ 1,109,808,823.20
IKW Ikwezi Mining Ltd 0.45 13 1545 $ 16,259,989.60
MYL Myanmar Metals 0.09 13 8609809 $ 152,088,768.00
ASP Aspermont Limited 0.018 13 17041194 $ 36,942,240.54
SVA Simavita Ltd 0.018 13 347827 $ 21,292,623.79
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Small cap oil plays and joint venture partners BPH Energy (ASX:BPH) and Bounty Oil & Gas (ASX:BUY) both climbed today after the former stock clarified that a decision on whether to grant the joint venture a petroleum license was immanent.

The news came in a price query the ASX sent to BPH earlier this week following an unexplained share price rise.

In the resources sector, US-focused lithium play Hawkstone Mining (ASX:HWK) excited investors with the results of metallurgical testing at its project. The results showed substantial success including 90 per cent recovery rates of lithium.

 

LOSERS

Here are the worst performing ASX small cap stocks at 12pm Thursday January 28:

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
KMT Kopore Metals Ltd 0.02 -29 9538765 $ 18,000,889.20
ANW Aus Tin Mining 0.0015 -25 46800000 $ 10,180,025.74
MQR Marquee Resource Ltd 0.062 -23 6391490 $ 8,497,718.26
NXM Nexus Minerals Ltd 0.1 -20 1615610 $ 30,518,958.88
ADD Adavale Resource Ltd 0.055 -18 3738327 $ 19,130,689.36
AVL Aust Vanadium Ltd 0.029 -17 29823410 $ 102,555,558.49
CCE Carnegie Cln Energy 0.0025 -17 87949175 $ 34,596,205.67
MLS Metals Australia 0.0025 -17 12345778 $ 12,572,710.73
NTL New Talisman Gold 0.005 -17 1815000 $ 16,753,352.18
ROG Red Sky Energy. 0.0025 -17 4451221 $ 7,295,766.59
POW Protean Energy Ltd 0.016 -16 8164943 $ 12,361,646.30
BAT Battery Minerals Ltd 0.033 -15 35870148 $ 79,609,668.10
BXN Bioxyne Ltd 0.011 -15 144250 $ 8,321,890.17
OSP Osprey Med Inc 0.022 -15 10192667 $ 42,207,021.01
THR Thor Mining PLC 0.017 -15 7716474 $ 9,041,539.60
BDM Burgundy D Mines Ltd 0.17 -15 273607 $ 49,850,917.80
TSL Titanium Sands Ltd 0.23 -15 1975481 $ 22,476,012.79
TAS Tasman Resources Ltd 0.065 -14 906997 $ 46,446,600.33
AZI Alta Zinc Ltd 0.006 -14 11637472 $ 25,274,894.23
GEV Global Ene Ven Ltd 0.12 -14 2104826 $ 54,176,951.22
MRD Mount Ridley Mines 0.003 -14 1462086 $ 13,598,245.65
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Medtech stock Osprey Medical (ASX:OSP) fell after its latest quarterly update.

 

At Stockhead, we tell it like it is. While Hawkstone Mining is a Stockhead advertiser, it did not sponsor this article.