Closing Bell: Today’s biggest small cap movers on the ASX
Link copied to
A quick wrap of the key winners and losers on Monday, May 4.
Data is taken after the market closes at 4pm EST.
Stocks highlighted in yellow made potentially market-moving announcements during the day.
Gold junior Rimfire Pacific Mining (ASX:RIM) rose after announcing an earn in and joint venture agreement for its New South Wales project.
Its peer 3D Resources (ASX:DDD) was another stock that rallied after managing to close a $2.1 million capital raising.
It was at a premium to its previous share price and raised 50 per cent more than its market cap before the market opened this morning.
The ASX’s only dating website stock Love Group (ASX:LVE) fell after a business update. COVID-19 has forced it to cut costs including staff and marketing campaigns.