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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 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
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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
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