Closing Bell: Today’s biggest small cap movers on the ASX
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A quick wrap of the key winners and losers on Tuesday, May 26.
Data is taken after the market closes at 4pm EST.
Stocks highlighted in yellow made market-moving announcements during the day.
None of today’s biggest winners had news today despite large volumes. Ecuador-focused explorer Sunstone Metals (ASX:STM) gained today after revealing yesterday its directors had chipped into the company’s latest capital raise.
This included Malcolm Norris, who was once managing director of gold miner SolGold (LSE-SOLG and TSX-SOLG), which owns a copper-gold deposit nearby that Norris bought when he headed the company.
Insecticide company Bio-gene Technology (ASX:BGT) fell after announcing the completion of a capital raising.