Closing Bell: Today’s biggest small cap movers on the ASX

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers.

Data is taken at the market close – at 4.10pm AEDT.

Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade.

WINNERS

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Rumble Resources (ASX:RTR) jumped out of the gates and closed highest among small caps with an intra-day gain of 94 per cent.

The near double-up in RTR shares followed news of a major zinc-lead discovery at the Earaheedy project in WA, in which Rumble holds 75pc as part of a joint venture with Zenith Minerals (ASX:ZNC).

Zenith closed 46pc higher, after the two companies completed a perfect score — 26 of 26 drill holes with visual zinc-lead mineralisation. Reuben Adams has more here.

Province Resources (ASX:PRL), which is up by around 1,800pc so far this year, was also among a spate of resources winners with market-moving announcements after signing an MOU with French power producer Total Eren to build an 8GW green hydrogen project in WA.

LOSERS

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