With spring about to get underway, Aussie authorities are staying vigilant against the lingering corona threat.

NSW health experts are still monitoring mini ‘spot fires’ linked to various city buildings, gyms and bus routes. But so far the state is holding the line, with just four new cases linked to known clusters overnight.

It’s been a long winter in Victoria, where daily case numbers (75) fell to their lowest level since July 3, while Queensland is monitoring a prison outbreak where one new case was reported overnight.

Over on markets, the ASX opened flat before picking up steam with steady gains recorded for both the ASX200 and the Emerging Companies Index.

The price action precedes a big week of data and events to start a new month, which will be led by tomorrow’s RBA policy announcement (2:30pm EST).

Aside from stocks, gold recovered some momentum to push back towards $US2,000 an ounce while the Aussie dollar was probably the talk of markets to start the week.

In the wake of US Fed Chair Jerome Powell’s speech last Thursday, the “battler” has broken out to new two-year highs just shy of US74c.

 

WINNERS

Here are the best performing ASX small cap stocks at 12pm Monday August 31:

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

CODE COMPANY PRICE CHANGE MARKET CAP
UUV UUV Aquabotix 0.002 100.00% $1.8M
CCE Carnegie Clean 0.0015 50.00% $11.1M
XPE XPED 0.002 50.00% $1.8M
CBY Canterbury Resources 0.15 42.86% $9.7M
GWR GWR Group 0.17 30.77% $33.1M
CAD Caeneus Minerals 0.009 28.57% $24.8M
CLZ Classic Minerals Ltd 0.003 25.00% $26.1M
DDT DataDot Technology Ltd 0.01 25.00% $10.1M
GLA Gladiator Resources 0.003 25.00% $4.7M
MNB Minbos Resources Ltd 0.003 25.00% $11.3M
MLL Mali Lithium 0.175 25.00% $55.5M
TMZ Thomson Resources Ltd 0.055 25.00% $9.8M
IKW Ikwezi Mining Ltd 0.005 25.00% $16.3M
AGS Alliance Resources 0.255 24.39% $45.5M
ENX Enegex NL 0.055 22.22% $6.0M
8CO 8Common 0.14 21.74% $25.6M
OAR Oakdale Resources Ltd 0.009 21.43% $12.0M
RLC Reedy Lagoon 0.012 20.00% $5.6M
AVW Avira Resources 0.006 20.00% $8.3M
SBR Sabre Resources Ltd 0.006 20.00% $7.5M

 

Most of the large gains in percentage terms were limited to nano-cap stocks which ticked higher on no news.

Among the leaders, GWR Group (ASX:GWR) followed up Friday’s gain of more than 70 per cent with another strong rally this morning.

The gains follow news that the company has received mining approval from the WA government to proceed with its iron ore project at Wiluna West.

“Expressions of interest from potential mining, crushing and trucking contractors have been received,” GWR said.

And amid another spate of full-year earnings announcements, 8Common (ASX:8CO) got investor approval which saw the stock rise more than 20 per cent in morning trade.

The fintech company said it processed around $2.5bn of transactions in the 2020 financial year, and booked recurring subscription revenue of $2.6m — a gain of 30 per cent.

 

LOSERS

Here are the worst performing ASX small cap stocks at 12pm Monday August 31:

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

CODE COMPANY PRICE CHANGE MARKET CAP
TPD Talon Petroleum Ltd 0.003 -25.00% $8.9M
PSL Paterson Resources 0.003 -25.00% $15.4M
EAX Energy Action 0.225 -23.73% $5.8M
RBR RBR Group 0.011 -21.43% $12.7M
LCY Legacy Iron Ore 0.004 -20.00% $31.2M
MRD Mount Ridley Mines Ltd 0.002 -20.00% $5.4M
ELT Elementos Ltd 0.005 -16.67% $17.8M
DDD 3D Resources Ltd 0.005 -16.67% $19.0M
AGE Alligator Energy Ltd 0.005 -16.67% $8.6M
SWK Swick Mining Services 0.195 -15.22% $68.8M
SRH Saferoads Holdings Ltd 0.24 -14.29% $10.2M
CPH Creso Pharma 0.032 -13.51% $13.6M
CAY Canyon Resources Ltd 0.13 -13.33% $74.9M
ASN Anson Resources 0.02 -13.04% $18.0M
FZO Family Zone Cyber 0.475 -12.04% $178.1M
TGN Tungsten Mining NL 0.135 -12.90% $119.4M
EPM Eclipse Metals Ltd 0.007 -12.50% $11.3M
ARO Astro Resources NL 0.004 -12.50% $5.9M
JPR Jupiter Energy 0.022 -12.00% $3.8M