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

A quick wrap of the key winners and losers on Thursday, May 21.

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

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

Code	Company	Price	% Change	Market Cap
AVW	Avira Resources	0.002	100.00%	10.90M
IKW	Ikwezi Mining Ltd	0.002	100.00%	300.00K
PCL	Pancontinental Oil & Gas	0.002	100.00%	1.82M
RNX	Renegade Exploration	0.004	33.33%	13.97M
MCT	Metalicity	0.005	66.67%	11.79M
BMG	BMG Resources Ltd	0.004	60.00%	11.87M
DRO	DroneShield	0.168	59.52%	15.00M
DCX	Discovex Resources	0.007	55.56%	199.30M
CLZ	Classic Minerals Ltd	0.002	50.00%	25.40M
ICG	Inca Minerals Ltd	0.002	50.00%	500.00K
ROG	Red Sky Energy	0.002	50.00%	500.00K
RLC	Reedy Lagoon	0.004	100.00%	9.74M
VIC	Victory Mines	0.002	50.00%	1.00M
OAR	Oakdale Resources Ltd	0.003	50.00%	2.10M
BLU	Blue Energy	0.025	56.25%	26.78M
ADY	Admiralty Resources	0.01	42.86%	861.69K
SVY	Stavely Minerals Ltd	0.63	36.96%	2.31M
CGO	CPT Global Ltd	0.13	44.44%	19.93K
NRW	NRW Holdings	2.23	35.15%	12.94M
HCD	Hydrocarbon Dynamics	0.026	36.84%	290.20K

Drone fighting tech maker DroneShield (ASX:DRO) revealed it had won a competitive tender to serve the European Union Police.

Timothy Goyder-backed gold junior DiscovEX Resources (ASX:DCX) rose off the back of exploration results.

Code	Company	Price	% Change	Volume
GTE	Great Western Exploration	0.001	-50.00%	4.70M
ELT	Elementos Ltd	0.002	-33.33%	1.06K
PWN	Parkway Minerals Part	0.002	-33.33%	173.75K
MAR	Malachite Resources Ltd	0.045	-27.42%	187.78K
SVA	Simavita	0.017	-22.73%	383.00K
XTC	Xantippe Resources	0.002	-20.00%	360.00K
AU1	Agency Group Australia	0.032	-20.00%	16.08K
BIQ	BuildingIQ Inc	0.005	-16.67%	840.00K
INP	Incentiapay	0.015	-16.67%	411.40K
HNR	Hannans Reward Ltd	0.005	-16.67%	17.42K
AHL	Ahalife Holdings	0.005	-16.67%	4.41M
MRG	Murray River Organics	0.015	-16.67%	245.48K
FYI	FYI Resources Ltd	0.048	-15.79%	396.17K
GMR	Golden Rim	0.006	-14.29%	383.19K
AQD	Ausquest Ltd	0.012	-14.29%	3.26M
ATP	Atlas Pearls and Perfumes	0.006	-14.29%	250.00K
KAS	Kasbah Resources	0.012	-14.29%	10.00K
ATC	Altech Chemicals Ltd	0.045	-13.46%	2.64M
CXM	Centrex Metals	0.026	-13.33%	312.79K

Altech Chemicals (ASX:ATC) fell despite its alumina project being independently confirmed as “green” by the Oslo based Centre of International Climate and Environmental Research (CICERO).