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

A quick wrap of the ASX’s key winners and losers on Friday, August 7.

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

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

Today 679 stocks rose, 666 declined and 755 were unchanged.

WINNERS:

Scandinavia-focused gold-base metals explorer Alicanto Minerals (ASX:AQI) got a boost after Ray Shorrocks joined the board as non-exec chairman.

Shorrocks was former chairman of red-hot ASX 300 company Bellevue Gold (ASX:BGL), and is current chairman of multi-bagger gold stock Auteco Minerals (ASX:AUT).

New WA strategic minerals explorer Suvo (ASX:SUV)had a great first day on the ASX, up 95 per cent.

The US Food and Drug Administration (FDA) awarded ‘Rare Pediatric Disease Designation’ to Kazia Therapeutics (ASX:KZA) drug which treats a “rare and highly-aggressive” childhood brain cancer.

And Equus Mining (ASX:EQE) was up after announcing a new drilling program at the high-grade, development-ready Cerro Bayo silver-gold project in southern Chile.

LOSERS: