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, May 5.
Data is taken after the market closes at 4pm EST.
Stocks highlighted in yellow made market-moving announcements during the day.
Two stocks more than doubled today. The first was telecom tech stock Nanoveu (ASX:NVU). It is working on an antiviral smartphone case and screen detector.
The ASX’s only quantum computing stock Archer Materials (ASX:AXE) took silver after forming an alliance with IBM to help develop its technology.
Africa-focused gold junior Predictive Discovery (ASX:PDI), however, slid back from its recent highs after announcing a capital raising to advance another drilling campaign.