ASX Small Cap Lunch Wrap: Who’s keen for more of the same today?
News
News
Chill out, the inflation genie isn’t coming out of the bottle just yet.
That was the message from global markets overnight, after US CPI data showed inflation rose 1.7 per cent in February (in line with forecasts).
Jumpy bond yields and rare changes to inflation expectation indicators meant all eyes were on the February print, for signs that consumer prices are on the move for the first time in 10+ years.
But it’s not happening yet, and RBA governor Philip Lowe said yesterday he’s not too worried about it happening here either.
Bond yields fell while the tech-focused Nasdaq index — which typically benefits from a lower rates outlook — traded flat, after a big jump the day prior.
Australian stocks are having a relatively muted session, with the ASX200 down by ~0.6pc while the microcap Emerging Markets index was little changed into midday trade.
Among other assets, Bitcoin was the most notable mover as it closed in on new all-time highs above $US55,000.
Here are the best performing ASX small cap stocks at 12pm Thursday March 11:
Swipe or scroll to reveal the full table. Click headings to sort.
CODE | NAME | PRICE | % CHANGE | VOLUME | MARKET CAP |
---|---|---|---|---|---|
CLZ | Classic Min Ltd | 0.0015 | 50 | 34,225,000 | $17,556,867 |
MTC | Metalstech Ltd | 0.175 | 46 | 9,835,138 | $17,588,117 |
IGN | Ignite Ltd | 0.077 | 31 | 985,802 | $5,285,348 |
NPM | Newpeak Metals | 0.0025 | 25 | 5,000,000 | $11,348,323 |
SBR | Sabre Resources | 0.005 | 25 | 1,610,800 | $6,732,255 |
UUV | UUV Aquabotix Ltd | 0.0025 | 25 | 1,310,000 | $4,776,750 |
AZI | Alta Zinc Ltd | 0.006 | 20 | 600,000 | $18,053,496 |
ROG | Red Sky Energy. | 0.003 | 20 | 708,863 | $11,503,555 |
YPB | YPB Group Ltd | 0.003 | 20 | 600,000 | $11,802,628 |
IVZ | Invictus Energy Ltd | 0.105 | 19 | 5,062,587 | $41,747,185 |
JCS | Jcurve Solutions | 0.059 | 18 | 1,121,729 | $16,417,172 |
PSL | Paterson Resources | 0.053 | 18 | 2,276,312 | $14,266,637 |
DLC | Delecta Limited | 0.007 | 17 | 30,484,144 | $6,051,727 |
TPD | Talon Petroleum Ltd | 0.007 | 17 | 5,224,751 | $32,110,737 |
NVU | Nanoveu Limited | 0.058 | 16 | 7,674,814 | $7,818,000 |
CAE | Cannindah Resources | 0.037 | 16 | 2,447,726 | $9,857,557 |
AOA | Ausmon Resorces | 0.008 | 14 | 5,041,437 | $4,974,615 |
WWI | West Wits Mining Ltd | 0.089 | 14 | 17,758,358 | $108,385,400 |
EVS | Envirosuite Ltd | 0.14 | 14 | 1,826,603 | $128,267,988 |
BTR | Brightstar Resources | 0.05 | 14 | 93,163 | $19,349,034 |
SCL | Schrole Group Ltd | 0.017 | 13 | 2,139,190 | $22,097,756 |
INP | Incentiapay Ltd | 0.045 | 13 | 75,000 | $36,230,967 |
MetalsTech (ASX:MTC) is hoping to ride the battery metals boom, announcing plans to assess “commercialisation strategies” (i.e. sale) for its fully-owned Cancet lithium project in Quebec, Canada.
MTC said the move came in response to “strong interest” in its lithium assets, and would enable it to focus its resources on developing its “world class Sturec gold mine”.
Investors approved, sending MTC shares more than 40 per cent higher before the company went into a trading halt pending a further announcement.
Here are the best performing ASX small cap stocks at 12pm Thursday March 11:
Swipe or scroll to reveal the full table. Click headings to sort.
CODE | NAME | PRICE | % CHANGE | VOLUME | MARKET CAP |
---|---|---|---|---|---|
MEB | Medibio Limited | 0.008 | -11 | 1,362,050 | $14,128,963 |
NTL | New Talisman Gold | 0.004 | -11 | 2,466,046 | $12,565,014 |
GBE | Globe Metals &Mining | 0.041 | -11 | 195,000 | $21,432,429 |
ISU | Iselect Ltd | 0.27 | -10 | 56,500 | $65,358,418 |
MHK | Metalhawk. | 0.18 | -10 | 45,467 | $7,212,000 |
RXH | Rewardle Holding Ltd | 0.009 | -10 | 250,000 | $5,263,215 |
RFR | Rafaella Resources | 0.099 | -10 | 690,425 | $14,069,613 |
PXX | Polarx Limited | 0.028 | -10 | 1,379,969 | $20,673,246 |
AU1 | The Agency Group Aus | 0.048 | -9 | 420,000 | $22,714,559 |
4DX | 4Dmedical Limited | 1.52 | -9 | 682,052 | $296,408,427 |
IOU | Ioupay Limited | 0.42 | -9 | 11,610,633 | $256,406,610 |
BRK | Brookside Energy Ltd | 0.02 | -9 | 46,280,068 | $36,332,089 |
DDD | 3D Resources Limited | 0.005 | -9 | 767,429 | $19,912,047 |
MRQ | Mrg Metals Limited | 0.01 | -9 | 3,224,452 | $16,947,369 |
FIJ | Fiji Kava Limited | 0.1 | -9 | 518,382 | $14,295,186 |
CV1 | Cv Check Ltd | 0.13 | -9 | 5,090,145 | $49,731,917 |
MAN | Mandrake Res Ltd | 0.155 | -9 | 2,313,943 | $56,881,850 |
CKA | Cokal Ltd | 0.062 | -9 | 742,837 | $62,871,597 |
TTM | Titan Minerals | 0.105 | -9 | 10,500 | $131,037,030 |
OLH | Oldfields Holdings | 0.076 | -8 | 95,000 | $13,919,642 |
ICE | Icetana Limited | 0.11 | -8 | 29,760 | $12,323,175 |
BMG | BMG Resources Ltd | 0.067 | -8 | 447,270 | $17,519,391 |