Closing Bell: Today’s biggest small cap movers on the ASX

A quick wrap of the key winners and losers on Wednesday, May 6.

Data is taken after the market closes at 4pm EST.

Stocks highlighted in yellow made potentially market-moving announcements during the day.

Argentina-focused explorer E2 Metals (ASX:E2M) made some serious gains today after hitting high-grade gold and silver with its scout drilling program at its Conserrat project.

The top hit was 16m at 3.9g/t gold and 123g/t silver — including 8m at 7.64g/t gold and 216g/t silver — 76m from surface.

Meanwhile, Field Solutions Holdings (ASX:FSG) caught investors attention after it reached a strategic partnership with Optus to deliver broadband and mobile infrastructure and services to rural, regional and remote Australia.

Kazakhstan-focused oil and gas stock Jupiter Energy (ASX:JPR) took a nose dive after coming out of suspension, which was put in place after the share price spiked 0.5c to 34.5c on big volumes on April 22-23.

In a statement to the ASX on the “irregular trading”, the company blamed “recommendation or recommendations in relation to Jupiter lodged via social media”.