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 Tuesday, May 19.
Data is taken after the market closes at 4pm EST.
Stocks highlighted in yellow made potential market-moving announcements during the day.
Gold junior Riversgold (ASX:RGL) more than doubled after a capital raising in which noted mining investor Tolga Kumova participated.
While the company’s announcement did not mention him by name, a substantial holder notice was released showing he holds over 5 per cent of the company.
Also rising today was Manganese explorer Element 25 (ASX:E25). Today it released a pre feasibility study and maiden ore reserve for its Butcherbird project in Western Australia.
BuildingIQ (ASX:BIQ), a stock that helps companies monitor their energy use in buildings, fell after announcing a major transaction had been delayed.