Closing Bell: Today’s biggest small cap movers on the ASX
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A quick wrap of the key winners and losers on Tuesday, June 9.
Data is taken after the market closes at 4pm EST.
Stocks highlighted in yellow made potentially market-moving announcements during the day.
Zinc explorer Superior Lake Resources (ASX:SUP) is jumping on the uranium bandwagon, announcing a deal to acquire an advanced project in the US State of Oregon.
The stock was up +75 per cent for the day.
On the gold front, junior explorer Musgrave Minerals (ASX:MGV) rose to new all-time highs on the back of further ‘bonanza’ drilling results at its new ‘Starlight’ discovery in WA’s Murchison district.
“I think that is one of the better gold discoveries we’ve seen this year, second to De Grey Mining (ASX:DEG),” former geologist and experienced stockbroker Guy Le Page told Stockhead last week.
Nex Metals (ASX:NME) jumped on the back on an announcement from high flying joint venture partner Metalicity (ASX:MCT), while battery tech stock Novonix (ASX:NVX) was up +75 per cent on a breakthrough cathode material manufacturing method.