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Closing Bell: Today’s biggest small cap movers on the ASX
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A quick wrap of the key winners and losers on Monday, May 11.
Data is taken after the market closes at 4pm EST.
Stocks highlighted in yellow made potentially market-moving announcements during the day.
WINNERS
| CODE | COMPANY | PRICE | % CHANGE |
|---|---|---|---|
| WOA | Wide Open Agriculture | 0.285 | 103.57% |
| GTE | Great Western Exploration | 0.002 | 100.00% |
| MGT | Magnetite Mines | 0.002 | 100.00% |
| KKO | Kinetiko Energy | 0.036 | 80.00% |
| YOJ | Yojee | 0.046 | 76.92% |
| CCE | Carnegie Clean Energy | 0.002 | 50.00% |
| CUX | Crossland Strategic Metals | 0.006 | 50.00% |
| PCL | Pancontinental Oil&Gas | 0.0015 | 50.00% |
| AVW | Avira Energy | 0.0015 | 50.00% |
| CLZ | Classic Minerals | 0.0015 | 50.00% |
| RNX | Renegade Exploration | 0.003 | 50.00% |
| DDD | 3D Resources | 0.003 | 50.00% |
| IVR | Investigator Resources | 0.021 | 40.00% |
| SCI | Silver City Minerals | 0.015 | 36.36% |
| BSM | Bass Metals | 0.004 | 33.33% |
| VMT | Vmoto | 0.245 | 36.11% |
| EFE | Eastern Iron | 0.004 | 33.33% |
| MTH | Mithril Resources | 0.016 | 33.33% |
| MNW | Mint Payments | 0.008 | 33.33% |
| PSC | Prospect Resources | 0.099 | 32.00% |
Leading the pack from post to post was explorer TNT Mines (ASX:TIN), which is in the process of acquiring a high grade uranium-vanadium project in Utah.
The purchase could be both strategic and timely, as the US government moves to support domestic uranium production ahead of a broader positive trend for uranium pricing over the next 15 years.
The stock was up +200 per cent for much of the day.
Gold explorer Classic Minerals (ASX:CLZ) received a nice 50 per cent bump after raising $800,000 to fund an upcoming drilling program at at its flagship Kat Gap and Forrestania projects.
Beleaguered pot stock Elixinol Global (ASX:EXL) is up +46 per cent after a class action lawsuit against the company was withdrawn – a “vindication of the company’s position that its products are accurately labelled and that the plaintiffs’ misleading conduct claims were without merit”, it says.
New investor favourite Archer Materials (ASX:AXE) jumped another +40 per cent today after a European patent application over its quantum computing chip tech moved to the next stage.
The stock surged earlier this month after announcing a non-monetary agreement with computing behemoth IBM.
LOSERS
| CODE | NAME | PRICE | % CHANGE |
|---|---|---|---|
| GTE | Great Western Exploration | 0.001 | -50.00% |
| GID | GI Dynamics | 0.002 | -50.00% |
| XST | XState Resources | 0.001 | -33.33% |
| MGT | Magnetite Mines | 0.001 | -33.33% |
| FGO | Flamingo AI | 0.001 | -33.33% |
| BAS | Bass Oil | 0.001 | -33.33% |
| QUE | Queste Communications | 0.03 | -32.50% |
| VMG | VDM Group | 0.0015 | -25.00% |
| MSR | Manas Resources | 0.003 | -25.00% |
| AR9 | Archtis | 0.06 | -20.00% |
| ENT | Enterprise Metals | 0.006 | -20.00% |
| PWN | Parkway Minerals | 0.008 | -20.00% |
| DAV | Davenport Resources | 0.04 | -18.52% |
| WNB | Wellness and Beauty Solutions | 0.009 | -18.18% |
| ACB | A-Cap Energy | 0.014 | -17.65% |
| RDS | Redstone Resources | 0.005 | -16.67% |
| PSZ | PS&C | 0.02 | -16.67% |
