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 4.10pm AEDT.
Stocks highlighted in yellow rose after making announcements.
Responding to an ASX price query, Aurora Labs (ASX:A3D) attributed the jump in the price of its securities to the market re-rating the company as its 3D metal printing technology advances towards commercial readiness. A3D shares finished the day up 61.5 per cent at 15.5c.
Resource Mining Corp (ASX:RMI) gained 43.8 per cent to 2.3c after announcing it had acquired a controlling interest in a nickel project in Tanzania.
Firefinch (ASX:FFX) rose 31.0 per cent to 27.5c after announcing it would emerge its Goulamina lithium project in Mali into a separate entity on the ASX to better realise its value. Firefinch will become solely focused on gold exploration following the demerger.
Cycliq Group (ASX:CYQ) dropped by a third to 0.2c after the bike safety company announced leadership changes.
Little Green Pharma (ASX:LGP) fell 16 per cent to 78.5c after the cannabis producer announced it would raise $22 million at 65c a share. That’s a 30.5 per cent discount to the last traded price, and an 8.4 per cent discount to the 20-day volume-weighted average price.