Closing Bell: Today’s biggest small cap movers on the ASX
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Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike.
Data is taken at the market close – at 4pm AEDT.
Stocks highlighted in yellow rose after making announcements.
YPG Group (ASX:YPG) was the biggest gainer, rising 100 per cent to 0.4c after the product authentication company announced it had secured a $1 million contract with Legitifi, a product authentication distributor focsed on the USA reseller market for apparel and sneakers.
Odyssey Gold (ASX:ODY) was the third-biggest gainer, soaring 60.5 per cent to 6.9c after the Perth-based junior explorer announced it had uncovered a number of previously undisclosed high-grade drilling results at its Tuckanarra and Stakewell gold projects in WA’s Murchison Goldfields.
Ava Risk Group (ASX:AVA) rose 29 per cent to 64.5c after the intrusion detection company announced first-half revenue was up 70 per cent to $35 million, with operating profit rising around 450 per cent to $12 million.
On the flip side, Castile Resources (ASX:CST) dropped 26.7 per cent to 22c after the explorer announced that drilling at its Ganymede and Jupiter West projects in the NT “did not return high-grade intercepts”.
Rox Resources (ASX:RXL) also fell on a drilling update, dropping 14 per cent to 4.3c.