Closing Bell: Today’s biggest small cap movers on the ASX
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.
Finishing on top, up 140 per cent from Friday, was Fargo Enterprises (ASX:FGO). It climbed in the afternoon despite telling the ASX it wasn’t aware of any developments that would have prompted its charge out of the blocks first thing this morning.
Cancer diagnostics stock Bard1 (ASX:BD1) gained another 103 per cent with more positive data out of Griffith University. Bard1’s blood probe was found to detect all stages of breast cancer with 100 per cent specificity.
Among resources stocks, Tao Commodities (ASX:TAO) gained 33 per cent after signing a deal to develop titanium powders using a breakthrough tech invented by a team at the University of Utah.
And Xanadu Mines (ASX:XAM) surged off the back of exploration results. It pulled up a 226m long drill intersection grading 0.68 per cent copper and 1.43g/t gold at its Kharmagtai porphyry project in Mongolia.
Helix Resources (ASX:HLX) declined after an exploration update.