ASX Small Cap Lunch Wrap: Who’s teaching an old dog new tricks today?

Dogs are capable of sniffing out coronavirus-infected people with an almost perfect success rate, according to a German university study.

Eight dogs from Germany’s armed forces were instructed to sniff out COVID-19 in the saliva of +1,000 healthy and infected people.

They achieved a 94 per cent success rate after just one week of training.

Trained dogs could be deployed to detect infections at places such as airports, border crossings and sporting events, according to the researchers.

The results of the study are “incredibly exciting”, Professor Holger Volk says.

“We have created a solid foundation for future studies to investigate what the dogs smell and whether they can also be used to differentiate between different times of illness or clinical phenotypes,” he says.

In Markets…

On Friday, both US and European share markets fell on rising China vs US tensions (which also prompted gold to punch up through $US1,900/oz for the first time in yonks).

Last week’s retreat in the US followed an unbelievable rally that took the S&P 500 up to ~5 per cent below its record high reached in February this year, Morningstar reports.

“The bellwether index is now near break-even for the year, while the Nasdaq has gained more than 15 per cent year-to-date,” it says.

Second-quarter earnings season charges ahead, with 128 S&P 500 companies having reported.

Of those, 80.5 per cent have cleared “a very low bar” of analyst expectations, according to Morningstar.

The ASX is currently bucking the negative trend, with the benchmark ASX200 edging up 0.2 per cent to 6,035.9 points in morning trade.

WINNERS

Here are the best performing ASX small cap stocks at 12pm Monday July 27:

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

CODE	COMPANY	PRICE	CHANGE	MARKET CAP
LLO	Lion One Metals	4.5	139.36%	$222.4M
PNN	Pepinnini Minerals	0.002	50.00%	$1.6M
MLS	Metals Australia	0.003	50.00%	$6.4M
SI6	Six Sigma Metals	0.009	41.67%	$6.4M
GTE	Great Western Exploration	0.14	40.00%	$14.3M
FPL	Fremont Petroleum	0.004	33.33%	$8.5M
OAR	Oakdale Resources	0.004	33.33%	$5.6M
CZL	Consolidated Zinc	0.004	33.33%	$10.0M
EQE	Equus Mining	0.015	29.17%	$21.2M
REX	Rex Minerals	0.225	28.57%	$69.7M
RMI	Resource Mining Corporation	0.009	28.57%	$2.7M
AME	Alto Metals	0.091	28.17%	$27.0M
GGE	Grand Gulf Energy	0.005	25.00%	$1.9M
IDZ	Indoor Skydive AUS Group	0.005	25.00%	$1.7M
CLZ	Classic Minerals	0.003	25.00%	$19.8M
ALT	Analytica	0.003	25.00%	$3.5M
AOA	Ausmon Resources	0.005	25.00%	$3.2M
CAD	Caeneus Minerals	0.005	25.00%	$17.5M
SFG	Seafarms	0.07	22.81%	$161.1M
AML	Aeon Metals	0.135	22.73%	$91.5M

Gold explorers are dominating the winners column today.

Fiji-focused gold explorer Lion One Metals (ASX:LLO) hit high-grade feeder zones at its Tuvatu gold project.

Intercepts, including 12.7m grading 46.14 grams per tonne (g/t) underneath the existing high-grade deposit, sent the stock up ~140 per cent in morning trade.

Other gold winners this morning included Metals Australia (ASX:MLS) +50 per cent, Great Western Exploration (ASX:GTE) +40 per cent, Equus Mining (EQE) +29 per cent, Rex Minerals (ASX:RXM) 28 per cent, and Alto Metals (ASX:AME) 28 per cent.

LOSERS

Here are the worst performing ASX small cap stocks at 12pm Monday July 27:

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

CODE	COMPANY	PRICE	CHANGE	MARKET CAP
GLA	Gladiator Resources	0.001	-33.33%	$2.0M
VPR	Enerji	0.001	-33.33%	$18.3M
QFY	Quantify Tech	0.001	-33.33%	$2.0M
LCT	Living Cell Technologies	0.012	-20.00%	$6.9M
MLS	Metals Australia	0.002	-20.00%	$6.4M
IPT	Impact Minerals Ltd	0.022	-18.52%	$34.3M
YOW	Yowie Group Ltd	0.025	-16.67%	$5.5M
LI3	Lithium Consolidated Mineral	0.02	-16.67%	$3.1M
DTZ	Dotz Nano	0.135	-15.63%	$42.5M
APH	Australian Primary Hemp	0.11	-15.38%	$7.7M
RIM	Rimfire Pacific Mining NL	0.006	-14.29%	$9.5M
PCK	PainChek	0.12	-14.29%	$126.3M
SER	Strategic Energy Resources	0.006	-14.29%	$7.2M
APV	AppsVillage Australia	0.12	-14.29%	$9.2M
SCT	Scout Security	0.081	-13.83%	$9.7M
MNS	Magnis Resources Ltd	0.225	-13.46%	$143.1M
ADD	Adavale Resources Ltd	0.013	-13.33%	$2.2M
CGO	CPT Global Ltd	0.1	-13.04%	$3.8M
OSP	Osprey Medical Inc	0.049	-12.50%	$70.4M