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

A quick wrap of the ASX’s key winners and losers on Wednesday, August 12.

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

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

Today 493 stocks rose, 880 declined and 727 were unchanged.

WINNERS

Leading the charge was gold junior Stone Resources (ASX:SHK) as it announced a recapitalisation plan involving the offloading of its Ben Hur project to Regis Resources (ASX:RRL) for $10 million.

Energy microplay Global Oil & Gas (ASX:GLV) obtained an exclusive option to buy 20 per cent of WA oil and gas player Goshawk Energy, which holds a dominant landholding in the proven onshore Canning Basin.

Aussie beer company Broo (ASX:BEE) won a contract with major brewer CUB to produce beer.

LOSERS

It was a rough day for the vast majority of gold stocks after spot prices took a tumble overnight.

Leading the plunge was Dreadnought Resources (ASX:DRE) with an exploration update.