ASX Small Cap Lunch Wrap: Who’s staying on track today?
News
News
Local markets are having another wobble to end the week, as investors continue to assess the future growth path after a barnstorming six-month rally.
Today’s falls follow another losing session on Wall Street, where the focus has turned to a stalemate in US Congress about the extent of further government stimulus measures.
It marked the fourth day of falls in five days for the S&P500. And while analysts aren’t predicting another cascading selloff like the one seen back in March, consensus is building that at the very least, more volatility lies ahead.
With that backdrop in play, ASX stocks have given back yesterday’s gains although, barring an unexpected negative catalyst, the main indexes look unlikely to post a repeat of Wednesday’s more than 2 per cent selloff.
Other assets classes were relatively steady in Friday trade, with gold prices unchanged near $US1,940 ($2,675) an ounce, while the Aussie dollar gained back some ground against the greenback to hold near US73c.
Here are the best performing ASX small cap stocks at 12pm Friday September 11:
Swipe or scroll to reveal the full table. Click headings to sort.
CODE | NAME | PRICE | CHANGE | MARKET CAP |
---|---|---|---|---|
CCA | Change Financial Ltd | 0.2 | 74.00% | $32.6M |
TSC | Twenty Seven Co. Ltd | 0.0075 | 40.00% | $7.4M |
CFE | Cape Lambert Res Ltd | 0.007 | 40.00% | $9.0M |
APG | Austpac Resources NL | 0.002 | 33.00% | $4.3M |
VIC | Victory Mines Ltd | 0.004 | 33.00% | $12.8M |
RFN | Reffind Limited | 0.0025 | 25.00% | $2.5M |
MAY | Melbana Energy Ltd | 0.011 | 22.00% | $23.2M |
BNR | Bulletin Res Ltd | 0.075 | 21.00% | $11.1M |
GRV | Greenvale Mining Ltd | 0.05 | 19.00% | $11.4M |
CAV | Carnavale Resources | 0.013 | 18.00% | $17.6M |
88E | 88 Energy Ltd | 0.007 | 17.00% | $53.6M |
FGO | Flamingo Ai Ltd | 0.0035 | 17.00% | $3.4M |
MRQ | Mrg Metals Limited | 0.007 | 17.00% | $7.0M |
NPM | Newpeak Metals | 0.0035 | 17.00% | $12.7M |
KWR | Kingwest Resources | 0.185 | 16.00% | $19.5M |
SHK | Stone Resources Aus | 0.03 | 15.00% | $21.7M |
PUR | Pursuit Minerals | 0.023 | 15.00% | $8.3M |
HIP | Hipo Resources Ltd | 0.016 | 14.00% | $6.2M |
VUL | Vulcan Energy | 1.14 | 13.00% | $69.3M |
EQE | Equus Mining Ltd | 1.17 | 13.00% | $26.4M |
Gains were led by Change Financial (ASX:CCA), which rose strongly after coming out of a trading halt to announce it received binding commitments for a $6.4m share placement to institutional investors.
The funds will be used in part to acquire the Australian and New Zealand assets of payments company Wirecard for $7.8m, as part of a sales process being carried out by administrators McGrath Nicol.
On a relatively subdued day of trade to end the week, junior explorer Carnavale Resources (ASX:CAV) also ticked higher after announcing that drilling has commenced at its Grey Dam nickel project near Kalgoorlie.
Here are the worst performing ASX small cap stocks at 12pm Friday September 11:
Swipe or scroll to reveal the full table. Click headings to sort.
CODE | NAME | PRICE | CHANGE | MARKET CAP |
---|---|---|---|---|
REY | REY Resources Ltd | 0.073 | -76.00% | $65.8M |
BAS | Bass Oil Ltd | 0.001 | -50.00% | $6.7M |
ANW | Aus Tin Mining | 0.001 | -33.00% | $4.8M |
ECT | Env Clean Tech Ltd. | 0.001 | -33.00% | $14.4M |
PCL | Pancontinental Oil | 0.001 | -33.00% | $8.1M |
UUV | UUV Aquabotix Ltd | 0.001 | -33.00% | $2.7M |
EER | East Energy Resource | 0.003 | -25.00% | $12.8M |
MLS | Metals Australia | 0.003 | -25.00% | $14.6M |
A3D | Aurora Labs Limited | 0.1 | -20.00% | $14.7M |
CGB | Cann Global Limited | 0.004 | -20.00% | $17.3M |
AAJ | Aruma Resources Ltd | 0.009 | -18.00% | $12.5M |
IKW | Ikwezi Mining Ltd | 0.005 | -17.00% | $24.4M |
DTI | DTI Group Ltd | 0.022 | -15.00% | $8.7M |
THR | Thor Mining PLC | 0.011 | -15.00% | $5.2M |
MAG | Magmatic Resrce Ltd | 0.175 | -15.00% | $35.5M |
AHL | Ahalife Holdings Ltd | 0.006 | -14.00% | $8.0M |
ESR | Estrella Res Ltd | 0.012 | -14.00% | $8.5M |
XTC | Xantippe Res Ltd | 0.003 | -14.00% | $14.3M |