Closing Bell: Today’s biggest small cap movers on the ASX
A quick wrap of the ASX’s key winners and losers on Monday, August 31.
Data is taken after the market closes at 4pm EST.
Stocks highlighted in yellow made market-moving announcements during the day.
Today 838 stocks rose, 662 declined and 596 were unchanged.
Health food company Forbidden Foods (ASX:FFF) took off on its ASX debut, peaking at double its 20c IPO price before edging back only slightly to still close up over 80 per cent.
Fintech 8Common (ASX:8CO) rose on news it processed around $2.5bn in transactions in the 2020 financial year.
In resources, GWR Group (ASX:GWR) rocketed another 84 per cent after Friday’s news that the company received mining approval from the WA government to proceed with its iron ore project at Wiluna West.
And Mali Lithium (ASX:MLL) became a gold producer with the purchase of the Morila gold mine in southwest Mali from Barrick Gold and AngloGold Ashanti for $US22-27 million ($29.9-$36.6m).