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.
The biggest winner was graphite minnow BlackEarth (ASX:BEM), which signed a supply and marketing agreement with big German-based graphite supply chain group Luxcarbon.
Brookside Energy (ASX:BRK) rose after completing an $8.25 million capital raising to help it fund its Jewell Well.
The company said it welcomed “several new high net worth investors looking for exposure to the oil and gas sector” and the Jewell Well was the first well in a potential five-year, 20-plus well development drilling program.
Large cap engineering firm CIMIC Group (ASX:CIM) dropped after releasing financial results.
Among small caps Dreadnought Resources (ASX:DRE) fell after a project update.