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 during the trading day.

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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Prominence Energy (ASX:PRM) was today’s winner after raising $3.2m to pave the way for its entry into the hydrogen sector.

The company has signed a binding term sheet to acquire a 20 per cent stake in Patriot Hydrogen, which is building a biomass to hydrogen plant at Port Anthony in Victoria.

Singapore-based education technology platform 8VI Holdings (ASX:8VI) rose after releasing its annual report.

Anti-cancer biotech Noxopharm (ASX:NOX) said that a new independent clinical trial showing a median overall survival of 11.6 months supported the company’s aim for Veyonda to become a standard companion drug for major anti-cancer therapies.

LOSERS

Troubled data forensics company, Nuix (ASX:NXL) cut its FY21 forecast range for the second time in six weeks.

It says that full year revenue will come in between $173-182m, compared to the $180-185mm forecast provided in April.