The hot debut of Evolution Energy Minerals (ASX:EV1) was not enough to save the ASX resources sector from falling today.

The ASX 200 finished 0.67% down at 7,420 points. All sectors were down except tech, which gained 0.18%.

In contrast, most other markets in the Asia-Pacific as well as US stock futures were up as investors welcome the signs of increasing co-operation between the US and China (in the event of the first summit between Presidents Joe Biden and Xi Jinping) as well as better than expected economic data out of the latter country this week.

 

TODAY’S BIGGEST SMALL CAP WINNERS

(Stocks highlighted in yellow rose after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

Code Company Price % Volume
EV1 Evolutionenergy 0.62 210 11269492
LCY Legacy Iron Ore 0.034 79 181531105
IDZ Indoor Skydive Aust 0.045 41 32321229
HAW Hawthorn Resources 0.097 35 14569095
AUH Austchina Holdings 0.012 33 84766699
MEM Memphasys Ltd 0.096 33 2535271
TRM Truscott Mining Corp 0.037 28 540762
AQD Ausquest Limited 0.019 27 13988225
CCE Carnegie Cln Energy 0.0025 25 64516519
LMG Latrobe Magnesium 0.14 22 31165001
UUL Ultima Utd Ltd 0.945 21 152432
AEI Aeris Environmental 0.12 20 381856
CZL Cons Zinc Ltd 0.039 18 995881
SIS Simble Solutions 0.027 17 3452492
SIT Site Group Int Ltd 0.007 17 716000
VPR Volt Power Group 0.0035 17 1830018
FGL Frugl Group Limited 0.029 16 549670
FNT Frontier Resources 0.031 15 32662011
ROG Red Sky Energy. 0.008 14 5019553
WRM White Rock Min Ltd 0.32 14 606907
GLL Galilee Energy Ltd 0.45 14 483481
MKL Mighty Kingdom Ltd 0.165 14 781717
NC6 Nanollose Limited 0.125 14 1093482

Other than Evolution there were few winners with news.

One of them AusQuest (ASX:AQD) rose after extending its partnership with South32 (ASX:S32).

Latrobe Magnesium (ASX:LMG) climbed after completing a capital raising.

Among stocks without news Indoor Skydive Australia Group (ASX:IDZ) spiked for the second day in a row following an executive appointment. Shares are now up 80% this week.

 

TODAY’S BIGGEST SMALL CAP LOSERS

(Stocks highlighted in yellow rose after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

Code Company Price % Volume
NPM Newpeak Metals 0.0015 -25 9271323
MRZ Mont Royal Resources 0.35 -22 260656
ANL Amani Gold Ltd 0.002 -20 73347578
ECT Env Clean Tech Ltd. 0.063 -17 74715747
KOR Korab Resources 0.083 -17 34904197
OVT Ovato Limited 0.0025 -17 7088888
ENR Encounter Resources 0.155 -16 1150776
SKN Skin Elements Ltd 0.053 -16 561288
TTB Total Brain Ltd 0.11 -15 353739
ARE Argonaut Resources 0.006 -14 3586161
NCL Netccentric Ltd 0.12 -14 15684
KAI Kairos Minerals Ltd 0.031 -14 34412174
CAD Caeneus Minerals 0.014 -13 5626470
EFE Eastern Iron 0.078 -12 195262723
CPN Caspin Resources 1.06 -12 1726657
IP1 Int Payment Tech Ltd 0.024 -11 2636807
S2R S2 Resources 0.2 -11 2810025
DDD 3D Resources Limited 0.004 -11 2531350
GNM Great Northern 0.008 -11 1807139
SIH Sihayo Gold Limited 0.008 -11 1
AIM Ai-Media Technologie 0.69 -11 7000102
CDR Codrus Minerals Ltd 0.165 -11 192697
DCC Digitalx Limited 0.125 -11 9744249

Mont Royal Resources (ASX:MRZ) fell off the back of a capital raising.

 

ANNOUNCEMENTS YOU MAY’VE MISSED

Secos (ASX:SES) was chosen by Officeworks to supply its certified compostable courier bags. The volumes will depend on Officeworks’ online sales but the first bags will ship out in the next four to six weeks.

SKS Technologies (ASX:SKS) told shareholders it was expecting $1.3 million in earnings for the first half of FY22 which was 25% more than anticipated. The company also said it expected a 112% increase in revenue which it credited to higher than expected work in demand.

Still with trading updates, WA home and land package seller Peet (ASX:PPC) tipped an operating profit for the first half of FY22 to be between $16 million and $19 million. This was well ahead of its profit for the prior corresponding period which was only $10.1 million.

Childcare operator G8 Education (ASX:GEM) told shareholders of a board overhaul with Chairman Mark Johnson retiring, ex-Suncorp CEO and existing director David Foster replacing him as well as two other director appointments – Debra Singh and Toni Thornton. The company also commented on transition subsidies announced by the Morrison government last week saying it welcomed them as part of the transition to a COVID-normal situation.

AiMedia (ASX:AIM) was forced to respond to a Morgan research report released last week. The report tipped FY22 revenues of $61.6 million and earnings of $0.6 million but the company clarified it had not published earnings guidance and had no reasonable basis to do so because it is still early in the financial year.

Fund manager Ennox Group (ASX:EXO) told shareholders the ASX consented to its plans to re-enter the bourse as a Listed Investment Company However the company has a deadline of February 8 next year to satisfy all requirements – otherwise it will be removed from the ASX after that date.

 

TRADING HALTS

Wednesday

Pharmaxis (ASX:PXS) – capital raising
PlaySide Studios (ASX:PLY) – capital raising
Aumake (ASX:AUK) – capital raising
Leaf Resources (ASX:LER) – chemical plant incident
Nexion (ASX:NNG) – capital raising
Raiden Resources (ASX:RDN) – re-interpretation modelling results
West Wits Mining (ASX:WWI) – capital raising
Globe Metals and Mining (ASX:GBE) – organisational change
PYC Therapeutics (ASX:PYC) – NHP safety results
Lion Energy (ASX:LIO) – capital raising
Wildcat Resources (ASX:WC8) – capital raising
Noxopharm (ASX:NOX) – government grant
AuKing Mining (ASX:AKN) – capital raising
MinRex Resources (ASX:MRR) – acquisition

Thursday:

Pacific Nickel Mines (ASX:PNM) – assay results
Activex (ASX:AIV) – capital raising
Turaco Gold (ASX:TCG) – capital raising
Blue Star Helium (ASX:BNL) – water well program update
Volt Resources (ASX:VRC) – European lithium license applications
Black Dragon Gold Corp (ASX:BDG) – capital raising
Kingston Resources (ASX:KSN) – acquisition and capital raising
Tinybeans (ASX:TNY) – capital raising