Closing Bell: The ASX lifts with all sectors finishing in the green

The ASX has recovered following yesterday’s strong blow, closing up 1.29% with all 11 sectors finishing in the green on lower than normal trading volumes.

Today’s biggest sector win was energy, up a nice 2.20% with the financial market following close behind at 1.93%.

The ASX Emerging Companies Index finished higher today too, even if by a small 0.40%. It’s all gravy baby.

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
XTC	Xantippe Res Ltd	0.011	57%	105,654,844
CLE	Cyclone Metals	0.0045	50%	22,660,596
ANL	Amani Gold Ltd	0.0015	50%	1,879,999
LRV	Larvottoresources	0.195	30%	2,691,155
CGB	Cann Global Limited	0.0025	25%	3,639,145
JAV	Javelin Minerals Ltd	0.0025	25%	6,456,337
KEY	KEY Petroleum	0.0025	25%	1,500,000
SPQ	Superior Resources	0.07	23%	53,767,173
TTT	Titomic Limited	0.245	23%	801,696
FIN	FIN Resources Ltd	0.033	22%	5,024,472
CHK	Cohiba Min Ltd	0.017	21%	25,881,840
RIM	Rimfire Pacific	0.009	20%	1,243,750
MBX	Myfoodieboxlimited	0.24	20%	1,292,816
ROO	Roots Sustainable	0.006	20%	690,000
VPR	Volt Power Group	0.003	20%	1,074,599
BLU	Blue Energy Limited	0.055	20%	13,447,808
MXC	Mgc Pharmaceuticals	0.049	20%	10,846,448
AMM	Armada Metals	0.155	19%	498,546
WCN	White Cliff Min Ltd	0.025	19%	16,950,576
RAN	Range International	0.019	19%	8,583,233
QXR	Qx Resources Limited	0.033	18%	35,499,578
LPI	Lithium Pwr Int Ltd	0.55	16%	6,443,346
PKD	Parkd Ltd	0.059	16%	365,580
RDS	Redstone Resources	0.015	15%	1,006,715
EQE	Equus Mining Ltd	0.155	15%	314,161

Fin Resources (ASX:FIN) shot up on acquisition news after snapping up a key licence at its flagship Sol Mar green hydrogen project in Western Australia’s Pilbara region. This adds a comfy 270.5 square km to its existing tenure near the town of Onslow and the Port of Ashburton.

And MGC Pharmaceuticals (ASX:MGC) soared after receiving Indian importation and sales approval for its AtemiC Rescue product, meaning the proprietary nutraceutical is now available for sale across India.

TODAY’S BIGGEST SMALL CAP LOSERS

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

CODE	COMPANY	PRICE	%	VOLUME
PCL	Pancontinental Energ	0.0015	-25%	5,900,604
CCE	Carnegie Cln Energy	0.002	-20%	368,302
GGX	Gas2Grid Limited	0.0025	-17%	686,666
LITCF	Lithium Australia NL	0.068	-13%	164,250
MRD	Mount Ridley Mines	0.007	-13%	1,724,250
API	Australian Pharm.	1.515	-12%	4,885,461
BMM	Balkanminingandmin	0.44	-12%	495,864
CII	CI Resources Limited	1.1	-12%	5,000
QGL	Quantum Graphite	0.155	-11%	74,670
XST	Xstate Resources	0.004	-11%	3,381,931
PRS	Prospech Limited	0.058	-11%	150,000
TSN	The Sust Nutri Grp	0.17	-11%	695,673
IGN	Ignite Ltd	0.13	-10%	72,250
MTR	Metal Tiger	0.4	-10%	56,755
GTG	Genetic Technologies	0.0045	-10%	2,533,616
DOR	Doriemus PLC	0.14	-10%	60,540
EZZ	EZZ Life Science	0.47	-10%	65,946
CRL	Comet Resources	0.019	-10%	2,670,649
TGM	Theta Gold Mines Ltd	0.145	-9%	188,531
BBL	Brisbane Broncos	0.655	-9%	9,557
GBE	Globe Metals &Mining	0.098	-9%	439,800
WSR	Westar Resources	0.105	-9%	10,000
DLT	Delta Drone Intl Ltd	0.021	-9%	53,958
GED	Golden Deeps	0.0105	-9%	8,228,909
AQS	Aquis Ent Ltd	0.16	-9%	7,123

ANNOUNCEMENTS YOU MAY HAVE MISSED

Recce Pharmaceuticals (ASX:RCE) received positive safety data from the first cohort of its phase-1 clinical trial evaluating healthy subjects intravenously dosed with RECCE 327. Based on clinical data readouts, an independent safety committee has approved a threefold increase (from 50mg to 150mg) among 7-10 healthy subjects (cohort two), with subjects expected to be dosed at Adelaide’s CMAX clinical trial facility.

Clinical stage drug development company Noxopharm (ASX:NOX) has received a $5.865m cash refund under the Australian Government’s Research and Development Tax Incentive Scheme for R&D expenditure during FY 2021. The refund further strengthens the company’s cash position from $23.6m at the end of September as it positions itself as an innovative partnering target.

Shree Minerals (ASX:SHH) has executed a sale and purchase agreement with MetalsGrove Mining (ASX:MGM) for the divestment of its rights, title, and interest in the farm-in and Arunta joint venture and shareholder agreement with Territory Lithium Pty Ltd. MGM will make a cash payment of $50,000 to SHH. Projects of the Arunta Joint Venture are the Box Hole, Edwards Creek and Bruce Gold Projects located in the Northern Territory.