Australia’s broad All Ordinaries index struggled to reach the magic 7,000 points mark in early Friday trading — had it done so it would have capped off a fine week.

The index was hovering around 6,903 points at lunchtime in Sydney, while the ASX 200 was down 21 points at 6,660.

A setback in a CSL (ASX:CSL) trial for a COVID-19 vaccine sent a mild shockwave through the Australian share market, and CSL lost 3 per cent on its share price.

A phase 1 trial involving 216 participants showed some had generated antibodies that would cause a false positive on HIV tests, CSL said.

That’s unfortunate.

There were no safety concerns but widespread use of the vaccine would necessitate significant changes to well-established HIV screening procedures, the company added.

On a brighter note, there were some winners this morning among smaller ASX stocks.

 

 

WINNERS

Here are the best performing ASX small cap stocks at 12pm Friday December 11:

 

Swipe or scroll to reveal the full table. Click headings to sort.

Stocks highlighted in yellow have made market-moving announcements

 

Code Name Price % Change Volume Market Cap
SHN Sunshine Gold Ltd 0.05 194 7215156 $ 6,064,097.51
PCL Pancontinental Oil 0.002 100 333334 $ 5,406,715.49
ANL Amani Gold Ltd 0.0015 50 1336000 $ 9,386,996.75
CLZ Classic Min Ltd 0.0015 50 3465025 $ 15,268,268.31
ECT Env Clean Tech Ltd. 0.0015 50 670000 $ 9,601,032.79
VPR Volt Power Group 0.003 50 1000000 $ 18,339,067.12
KFM Kingfisher Mining 0.29 45 1797594 $ 6,589,000.20
IMM Immutep Ltd 0.575 28 27956491 $ 277,238,464.20
PSL Paterson Resources 0.0025 25 2677333 $ 9,311,066.12
IGO IGO Limited 6.27 24 12371804 $ 3,010,110,888.23
CAP Carpentaria Resource 0.053 23 5509397 $ 13,292,698.92
ARC Aust Rural Cap Ltd 0.39 22 9090 $ 4,142,796.80
CPH Creso Pharma Ltd 0.255 21 62250446 $ 144,567,867.57
GLA Gladiator Resources 0.018 20 2444798 $ 3,836,755.17
TMZ Thomson Res Ltd 0.12 20 12275421 $ 30,571,006.90
CPT Cipherpoint Limited 0.062 17 11407535 $ 7,424,087.25
HNR Hannans Ltd 0.007 17 325000 $ 11,971,227.23
TYX Tyranna Res Ltd 0.007 17 3608000 $ 7,694,164.00
SHN Sunshine Gold Ltd 0.05 194 7215156 $ 6,064,097.51

 

 

Sunshine Gold (ASX:SHN) was a clear winner in early Friday trading, advancing nearly 200 per cent after it rejoined the ASX as a gold exploration company.

The gold explorer has sloughed off its former name of Pelican Resources that was a former owner of the Cockatoo Island iron ore project in WA.

Sunshine Gold is led by managing director, Damien Keys, who led exploration teams at Black Cat Syndicate (ASX:BC8), Silver Lake Resources (ASX:SLR), and Gold Fields Australia.

It has two gold exploration projects in Queensland, Hodgkinson near Cairns and Triumph south of Gladstone port for which it has started drilling.

As Pelican Resources the company recently sold its Romblon nickel project in the Philippines for $2.1m.

Pancontinental Oil and Gas (ASX:PCL) put on 100 per cent in early morning trade, without putting out any new information on its activities.

The company has two exploration licences for oil off the coast of Namibia in south-west Africa, one in the Orange Basin and another in the Walvis Basin.

“Offshore Namibia is a vast region which remains virtually unexplored, it covers an area of approximately 240,000sqkm which is equal to the combined offshore areas of Gabon, Congo, Democratic Republic of Congo and Angola,” said the company in a November update.

“It is one of the few remaining countries in the world where truly giant fields could be discovered,” it added.

Another gold company, Amani Gold (ASX:ANL) also did well Friday after announcing this week $185,000 of exploration expenditure.

The company has carried out drone surveys and data preparation for a feasibility study for its Gio gold project in the Democratic Republic of Congo.

The project lies in the central African country’s Kilo-Moto greenstone belt that hosts Rangold Resources’ 17 million ounce Kibali deposits 35km west of Giro.

Amani said in an earlier update it planned to drill four holes for a total of 2,000m at its Giro project in November.

 

LOSERS

Here are the worst performing ASX small cap stocks at 12pm Friday December 11:

 

Code Name Price % Change Volume Market Cap
MLS Metals Australia 0.0015 -25 138600 $ 8,381,807.15
QFY Quantify Tech Ltd 0.02 -20 15733771 $ 4,017,138.38
BSM Bass Metals Ltd 0.004 -20 50000 $ 19,968,378.68
SI6 SI6 Metals Limited 0.035 -19 66205289 $ 47,698,466.85
RGS Regeneus Ltd 0.12 -17 401450 $ 43,541,235.25
OPL Opyl Limited 0.13 -16 114646 $ 5,718,260.31
RMP Red Emperor Resource 0.023 -15 2110611 $ 14,182,904.95
SO4 Salt Lake Potash Ltd 0.41 -15 2042661 $ 280,949,993.76
VR8 Vanadium Resources 0.03 -14 1153288 $ 13,099,710.33
DVL Dorsavi Ltd 0.068 -14 43961061 $ 23,592,374.35
AMN Agrimin Ltd 0.46 -12 77500 $ 103,262,608.05
CGB Cann Global Limited 0.0115 -12 187033199 $ 52,186,732.69
BOT Botanix Pharma Ltd 0.12 -11 2681660 $ 131,314,235.94
88E 88 Energy Ltd 0.008 -11 39706035 $ 95,420,742.44
KEY KEY Petroleum 0.004 -11 483333 $ 8,855,676.57
PPY Papyrus Australia 0.058 -11 6649111 $ 23,855,693.29
TOE Toro Energy Limited 0.017 -11 29991632 $ 56,123,414.46
GMR Golden Rim Resources 0.009 -10 3966090 $ 17,913,418.71
GTG Genetic Technologies 0.009 -10 17558140 $ 82,617,267.43

 

Metals Australia (ASX:MLS) saw its share price head south Friday, without issuing any fresh information to the market.

The company’s projects span graphite, lithium and gold in Quebec, Canada, zinc in it Manindi project, and base metals in its Sherlock Bay project in Australia.

Bass Metals (ASX:BSM) also went down in early trade, after publishing an exploration update earlier in the week on its Graphmada project in Madagascar.

A drilling program intersected graphite mineralisation that confirmed an extensive system of the mineral.