Closing Bell: Today’s biggest small cap movers on the ASX

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike.

Data is taken after the market closes at 4pm AEDT.

Stocks highlighted in yellow rose after making announcements.

WINNERS

Today’s biggest mover was indium-focused explorer Crater Gold Mining (ASX:CGN) which surged 345 per cent before trading in its shares was halted by the ASX pending the company’s response to a price query.

Indium is a rare metal used in semi-conductor applications such as LCDs, solar panels, microchips and photovoltaic cells.

Among other resources stocks rising with news, there was base metals explorer Azure (ASX:AZS) which unveiled exploration results and gold play Sabre Resources (ASX:SBR) which commenced a new exploration campaign.

Biotech Rhythm Biosciences (ASX:RHY) closed 50 per cent higher after a major company update. The company told shareholders it had completed a prototype ColoStat test kit and further testing results had exceeded even the company’s expectations.

Engineering firm EVZ Limited (ASX:EVZ) finished the day 23 per cent higher after earnings guidance.

Wind energy aspirant Carnegie Clean Energy (ASX:CCE) surged after signing an MOU with south-east Asian focused Oceantera to investigate project opportunities in the latter company’s region.

LOSERS

Marketing distributor Ovato (ASX:OVT) fell after unveiling a recapitalisation and restructure plan.