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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Code	Company	Price	%	Volume
HLX	Helix Resources	0.051	65	212,351,857
ANL	Amani Gold Ltd	0.0015	50	4,671,959
T3D	333D Limited	0.003	50	490,611
PNX	PNX Metals Limited	0.009	29	15,906,181
EFE	Eastern Iron	0.014	27	36,343,187
POD	Podium Minerals	0.85	27	3,040,001
LCD	Latitude Consolidate	0.073	24	53,823,764
CR1	Constellation Res	0.45	23	253,908
GNM	Great Northern	0.016	23	156,769,875
MSI	Multistack Internat.	0.08	23	991,325
VAL	Valor Resources Ltd	0.016	23	82,186,943
ALT	Analytica Limited	0.003	20	3,030,465
TMX	Terrain Minerals	0.012	20	353,626
VXR	Venturex Resources	0.835	19	4,226,917
GTE	Great Western Exp.	0.155	19	1,482,833
OXX	Octanex Ltd	0.044	19	739,813
BMO	Bastion Minerals	0.21	18	409,807
AGE	Alligator Energy	0.041	17	87,028,710
MEY	Marenica Energy Ltd	0.31	17	1,852,429
BAT	Battery Minerals Ltd	0.021	17	8,622,637
EPX	Ept Global Limited	0.21	17	1,066,711
FRX	Flexiroam Limited	0.035	17	2,334,581

Copper explorer Helix Resources (ASX:HLX) led the pack today, after announcing a $4m capital raise to finance additional drilling efforts at its Canbelego project in NSW following some sizeable copper hits in recent weeks.

The funds were raised at 2.7c and HLX promptly ripped higher to close at 5.1c, leaving investors in the round with a handy intraday gain of 89 per cent.

Also rising strongly was copper-gold minnow Eastern Iron (ASX:EFE), which had previously announced an entitlement offer looking to raise $1,072,370 from investors at 0.8c per share.

Of the 134,046,386 shares offered, only around 44m shares were taken up leaving EFE with a shortfall of 90,324,878. However, the offer was fully underwritten by CPS Capital Group which will now step in to pick up the slack.

Shares in EFE closed at 1.4c, a gain of 75pc from the offer price.

LOSERS

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Code	Company	Price	%	Volume
CLZ	Classic Min Ltd	0.001	-50	143,671,181
VPR	Volt Power Group	0.002	-33	6,777,564
WOO	Wooboard Tech Ltd	0.003	-25	10,926,125
FPL	Fremont Petroleum	0.004	-20	10,871,329
PVL	Powerhouse Ven Ltd	0.125	-17	1,356,164
MDX	Mindax Limited	0.072	-16	32,496,087
AUA	Audeara	0.17	-15	6,000,367
MDI	Middle Island Res	0.098	-15	2,538,000
AOA	Ausmon Resorces	0.006	-14	3,023,489
DCX	Discovex Res Ltd	0.006	-14	8,889,573
DTR	Dateline Resources	0.003	-14	370,234
RNX	Renegade Exploration	0.006	-14	567,685
MRR	Minrex Resources Ltd	0.026	-13	11,852,411
VRC	Volt Resources Ltd	0.034	-13	28,717,070
AUH	Austchina Holdings	0.007	-13	8,443,225
HNR	Hannans Ltd	0.007	-13	3,607,331
FZR	Fitzroy River Corp	0.14	-13	15,318
INV	Investsmart Group	0.145	-12	25,000
TWR	Tower Limited	0.695	-12	165,495
SRI	Sipa Resources Ltd	0.054	-14	723,284
AQS	Aquis Ent Ltd	0.16	-11	68,665