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.
Scroll or swipe to reveal table. Click headings to sort.
The stock once known as an iron ore play (called Pelican Resources) is now a gold stock named Sunshine Gold (ASX:SHN). It was the biggest winner today as it re-entered the bourse.
And the ASX’s newest company Kingfisher Mining (ASX:KFM) rose nearly 50 per cent on its first trading day.
Large cap miner IGO (ASX:IGO) climbed after completing a capital raising which saw it enter the lithium trade.
It is buying a 25 per cent interest in the Greenbushes lithium mining and processing operation in Western Australia – the largest operating lithium mine globally.
Smart homes stock Quantify Technology (ASX:QFY) fell as a capital raising took effect. While the stock actually traded far lower on its last trading day – a share consolidation took effect and it has fallen compared to the price it would have been had the consolidation been in effect.