Victoria has ended the week still firmly entrenched in crisis mode, with an Australian daily record 428 new COVID-19 cases overnight.

The announcement took some shine of a fairly solid start on the ASX, as stocks shrugged off some selling in the US market.

Netflix shares fell more than 10 per cent in after-hours trade after its Q4 earnings announcement missed expectations, but that wasn’t enough to rattle US futures markets which are still pointing slightly higher.

With markets treading water into the end of the week, it makes for an interesting setup with additional government stimulus efforts now set to come into focus.

The Morrison government is scheduled to make an update on extensions to its JobKeeper program next Thursday, while US lawmakers are busy preparing another aid package set to be announced before the end of the month.

SMALL CAP WINNERS

Here are the best performing ASX small cap stocks at 12pm Friday July 17:

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CODE COMPANY PRICE CHANGE MARKET CAP
PNN Pepinnini Minerals Ltd 0.002 100.00% $1.6M
14D 1414 Degrees 0.18 44.00% $21.6M
ATP Atlas Pearls and Perfumes 0.008 33.33% $2.6M
EN1 Engage:BDR 0.006 30.00% $5.2M
AZS Azure Minerals 0.16 28.00% $20.3M
PDZ Prairie Mining Metals 0.325 27.45% $54.1M
LI3 Lithium Consolidated Mineral 0.024 26.32% $2.8M
OEX Oilex 0.003 25.00% $7.3M
CLZ Classic Minerals Ltd 0.003 25.00% $18.7M
SBW Shekel Brainweigh 0.165 22.22% $18.8M
ODA Orcoda 0.14 21.74% $13.3M
NZS New Zealand Coastal Seafoods 0.017 21.43% $10.2M
WLD Wellard Ltd 0.058 23.40% $25.0M
RAG Ragnar Metals 0.007 16.67% $1.7M
IHR intelliHR 0.069 15.00% $11.6M
JDR Jadar Resources 0.023 15.00% $10.5M
YPB YPB Group Ltd 0.004 14.29% $5.7M
JXT Jaxsta 0.04 14.29% $8.7M
TKM Trek Metals 0.06 13.21% $9.3M
NTD National Tyre & Wheel 0.485 12.79% $44.2M
AYR Auris Minerals 0.062 12.73% $9.4M
AX8 Accelerate Resources 0.045 12.50% $4.0M

 

There were no major moves to end the week, although investors approved of Azure Minerals’ (ASX:AZS) decision to enter into two sale & exploration joint venture agreements with successful mining prospector Mark Creasy.

The deal will see Azure take a greater-than 50 per cent share of two projects; gold exploration at Turner River (near De Grey Mining’s (ASX:DEG) Mallina project) and a nickel-copper project at Andover.

In return, the company will issue 40m shares, which will see the Creasy Group emerge as Azure’s largest shareholder with a 19.1 per cent stake.

SMALL CAP LOSERS

Here are the worst performing ASX small cap stocks at 12pm Friday July 17:

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

CODE COMPANY PRICE CHANGE MARKET CAP
TPD Talon Petroleum Ltd 0.001 -50.00% $2.7M
RFN Reffind Ltd 0.002 -33.33% $2.1M
KP2 Kore Potash DRC 0.016 -27.27% $34.2M
PNX PNX Metals 0.009 -25.00% $22.9M
ADV Ardiden 0.011 -21.43% $21.5M
DRE Dreadnought Resources 0.009 -18.18% $17.0M
CAN Cann Group 0.68 -17.07% $97.9M
2BE Tubi 0.1 -16.67% $24.3M
TGM Theta Gold Mines 0.26 -16.13% $117.1M
BIW BuildingIQ Inc 0.006 -14.29% $2.2M
NEW Norwest Energy NL 0.003 -14.29% $14.2M
BSM Bass Metals Ltd 0.003 -14.29% $10.5M
IDA Indiana Resources 0.036 -14.29% $7.9M
RDM Red Metal Ltd 0.099 -13.91% $24.3M
WEC White Energy Company 0.13 -13.33% $116.2M
SCG Scout Security 0.079 -12.22% $10.7M
PGM Platina Resources Ltd 0.054 -11.48% $22.7M
IXR Ionic Rare Earths Ltd 0.008 -11.11% $22.2M
REZ Resources Energy Group Ltd 0.016 -11.11% $7.0M
NXE New Energy Minerals 0.008 -11.11% $1.5M