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

A quick wrap of the key winners and losers on Wednesday, May 20.

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

Stocks highlighted in yellow made potential market-moving announcements during the day.

WINNERS:

CODE	COMPANY	PRICE	% CHANGE
GTE	Great Western Exploration	0.002	100.00%
ECT	Environmental Clean Technologies	0.002	100.00%
PGI	Panterra Gold	0.052	85.71%
REE	Rarex Ltd	0.04	66.67%
ASN	Anson Resources	0.047	56.67%
ALT	Analytica Ltd	0.003	50.00%
TKL	Traka Resources Ltd	0.006	50.00%
TPD	Talon Petroleum Ltd	0.002	50.00%
CAV	Carnavale Resources Ltd	0.003	50.00%
XST	Xstate Resources Ltd	0.002	50.00%
BAS	Bass Oil	0.002	50.00%
WCN	White Cliff Minerals	0.007	40.00%
OPL	Opyl	0.1	38.89%
SRN	Surefire Resources	0.004	33.33%
VBS	Vectus Biosystems	0.655	32.32%
SE1	Sensera	0.025	31.58%
NWC	New World Resources	0.013	30.00%
ALY	Alchemy Resources Ltd	0.014	27.27%
TKM	Trek Metals	0.019	26.67%
CTO	Citigold Corporation	0.005	25.00%
MAY	Melbana Energy	0.005	25.00%

Minnow PanTerra Gold (ASX:PGI) almost doubled its market cap after finalising a joint venture to develop the advanced La Demajagua gold-silver deposit in Cuba.

PanTerra — chosen by the Cuban government’s mining company as a proposed 49 per cent JV partner way back in October 2018 — wants to produce ~60,000 tonnes a year of concentrate expected to grade around 47 grams per tonne (g/t) gold and 380g/t silver for at least six years.

Rare earths-focused explorer RareX (ASX:REE) jumped today on some non-rare earths related news.

RareX, which also has a free-carried 35 per cent interest in five copper-gold projects in the popular Lachlan Fold Belt, says project partner Kincora Copper has just hit “multiple mineralised zones” in drilling at the ‘Trundle Park’ target.

The stock was up +65 per cent for the day.

US lithium play Anson (ASX:ASN) jumped +55 per cent on a preliminary economic assessment (PEA) for its Paradox brine project in Utah.

The company is now in a trading halt pending an announcement “regarding additional information” in relation to its PEA.

LOSERS:

CODE	COMPANY	PRICE	% CHANGE
PCL	Pancontinental Oil&Gas	0.001	-33.33%
ICG	Inca Minerals Ltd	0.001	-33.33%
NEW	Norwest Energy NL	0.003	-25.00%
PGY	Pilot Energy	0.015	-25.00%
MCT	Metalicity	0.003	-25.00%
SER	Strategic Energy Resources	0.003	-25.00%
XPE	XPED	0.002	-25.00%
OAR	Oakdale Resources Ltd	0.002	-20.00%
BLV	Blossomvale Holdings	0.12	-20.00%
PUR	Pursuit Minerals	0.004	-20.00%
RNT	RENT.COM.AU Ltd	0.031	-18.42%
MTH	Mithril Resources	0.009	-18.18%
FZR	Fitzroy River Corporation	0.15	-16.67%
EMB	Embelton Ltd	10.02	-16.50%
ATX	Amplia Therapeutics	0.13	-16.13%
NZM	NZME	0.17	-22.73%
UNL	Unitednetworks	0.027	-15.63%
TSL	TZ	0.034	-15.00%
RGL	Riversgold	0.027	-22.86%
GBR	Great Boulder Resources Ltd	0.03	-14.29%