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 (or fell) after making announcements during intraday trade.
Scroll or swipe to reveal table. Click headings to sort.
Fertiliser play Kore Potash (ASX:KP2) ripped higher on no news, and held its gains through the close of trade. KP2 told the ASX shortly after midday (EST) it wasn’t sure what had prompted the spike.
The $5m nanocap operates two potash projects in the Republic of Congo, and today’s gains saw KP2 shares rise to their highest level since December when the stock briefly surged to above 4c.
All five companies that finished on the winner’s list after making announcements today were resources stocks.
Also rising strongly was tungsten company King Island Scheelite (ASX:KIS), which rose sharply after announcing that Swiss investment fund D.A.CH.S Capital announced it had increased its stake to 6.8 per cent.
Amani Gold (ASX:ANL) led the laggards following the release of its half-year accounts, which showed it booked a loss of $4.624m on revenues of $68,000.