A brief scan of the digital landscape reveals the following: there’s a bit of news about.

The US election kicks off tonight and the RBA is on deck this afternoon.

So is the Melbourne Cup, where Tiger Moth is the slight favourite from Gate 21.

(There’s also been a reported terrorist attack in Vienna, while COVID-19 cases continue to surge globally).

If you’re suffering from sensory overload, we recommend taking a leaf from this guy’s book and just playing through it:

ASX stocks aren’t exactly doing to equivalent of playing Eternal Flame on piano while explosions go off and police sirens wail in the background amid a Covid-curfew crackdown in Barcelona.

But with trading volumes down as punters focus on the ponies, one could argue the market is ‘playing through it’ with some aplomb.

All the major indices reversed a week of selling to book strong gains in morning trade.

Small caps led the rally, with the ASX Emerging Markets Index — which slumped six per cent last week — on track for its first two per cent gain since October 12.

US stock futures are pointing slightly higher ahead of Election Day, while the Aussie dollar is holding its gains above US70c as a bit of risk appetite returns to markets.

WINNERS

Here are the best performing ASX small cap stocks at 12pm Tuesday November 3:

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

CODE NAME PRICE % CHANGE MARKET CAP
ANL Amani Gold Ltd 0.0015 50 $ 7,838,196.75
MTH Mithril Resources 0.033 38 $ 50,089,803.50
CLZ Classic Min Ltd 0.002 33 $ 20,008,709.60
AOU Auroch Minerals Ltd 0.185 28 $ 33,530,995.53
NAE New Age Exploration 0.014 27 $ 12,218,584.51
SKF Skyfii Ltd 0.235 27 $ 55,483,559.42
IVT Inventis Limited 0.01 25 $ 7,494,926.55
VAL Valor Resources Ltd 0.005 25 $ 7,683,392.34
ATP Atlas Pearls Ltd 0.011 22 $ 3,850,845.82
BSM Bass Metals Ltd 0.003 20 $ 9,984,189.34
TMK Tamaska Oil Gas Ltd 0.006 20 $ 4,450,000.00
WCN White Cliff Min Ltd 0.031 19 $ 13,431,596.93
SOR Strategic Elements 0.13 18 $ 31,501,788.01
SHH Shree Minerals Ltd 0.013 18 $ 8,901,605.81
GLH Global Health Ltd 0.46 18 $ 16,418,344.80
RDN Raiden Resources Ltd 0.033 18 $ 15,691,582.28
BAR Barra Resources 0.035 17 $ 20,238,243.03
ICI Icandy Interactive 0.14 17 $ 55,527,053.64
VIC Victory Mines Ltd 0.0035 17 $ 13,248,964.47
CRO Cirralto Ltd 0.038 16 $ 50,941,743.52
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Among stocks with market-moving announcements, gold junior Mithril Resources (ASX:MTH) continued its strong 2020 rally with another round of positive drill results.

The Mexico-based reported high-grade gold and silver results from the first drilling program El Refugio target — part of the Cometa Project,
in Mexico’s Copalquin district.

“In November, we are drill testing three other projects in the Copalquin District where historic high-grade production from multi-level workings has been reported,” CEO John Skeet said.

LOSERS

Here are the best performing ASX small cap stocks at 12pm Tuesday November 3:

CODE NAME PRICE % CHANGE MARKET CAP
BAS Bass Oil Ltd 0.001 -33 $ 5,013,210.14
XTC Xantippe Res Ltd 0.002 -33 $ 12,223,693.21
MLS Metals Australia 0.0015 -25 $ 8,381,807.15
OEX Oilex Ltd 0.0015 -25 $ 8,239,260.00
QFY Quantify Tech Ltd 0.0015 -25 $ 4,017,099.49
TEG Triangle Energy Ltd 0.024 -25 $ 18,058,574.02
ISD Isentia Group Ltd 0.14 -24 $ 37,000,000.19
GLA Gladiator Resources 0.002 -20 $ 5,819,585.43
AYM Australia United Min 0.009 -18 $ 20,268,352.34
CYQ Cycliq Group Ltd 0.0025 -17 $ 5,879,189.95
MRD Mount Ridley Mines 0.0025 -17 $ 9,255,639.13
WNB Wellness and Beauty 0.005 -17 $ 8,089,081.73
ADY Admiralty Resources 0.011 -15 $ 15,068,751.09
DDD 3D Resources Limited 0.006 -14 $ 25,307,604.64
ICN Icon Energy Limited 0.02 -13 $ 13,744,959.57
KIS King Island 0.076 -13 $ 23,029,718.06
PSL Paterson Resources 0.0035 -13 $ 18,022,132.24
9SP 9 Spokes Int Limited 0.024 -11 $ 40,320,105.29
BUY Bounty Oil & Gas NL 0.012 -11 $ 14,801,413.26
MRZ Mont Royal Resources 0.3 -10 $ 11,063,184.05
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