ASX Small Cap Winners Oct 23-27

Petrel Energy investors were big winners last week after the minnow reported the first ever confirmed discovery of oil in Uruguay.

The news caused Petrel (ASX: PRL) shares to skyrocket 92 per cent higher to 2.4c.

Petrel drilled its Cerro Padilla 1 well in Uruguay’s Norte Basin, to a depth of 845 metres, confirming 2 metres of oil saturated sand at 793 metres.

Explorers have sought oil there since the early 20th Century. More than 175 exploratory wells have been drilled and 50,000km of seismic exploration completed in the area.

Tag Pacific (ASX: TAG) finished the week 57 per cent higher at 9.5c after flagging it would build a 1 megawatt hour (MWh) battery south of Sydney as part of a future-proofing plan by the network operator.

The battery, which Tag says will be the biggest in NSW, will support a residential development in West Dapto, near Wollongong.

Pilbara gold hopefuls were once again in the spotlight with Elysium Resources jumping 56 per cent to 1.4c for the week.

Perth-based Elysium (ASX: EYM) is chasing “Witwatersrand-style” conglomerate-hosted gold in the Pilbara region of Western Australia.

The Witwatersrand Basin is South African geological formation that houses the world’s biggest known gold reserves, producing 2 billion ounces or about half of gold ever mined.

Elysium  told investors it was buying unlisted Hardey Resources and its four projects including 512 sq km of Fortescue Group rocks in the Pilbara.

The Fortescue rocks in the Pilbara Craton are known to host gold and other minerals.

Meanwhile, another gold junior Maximus Resources poured its first gold bar from a recently refurbished plant near Coolgardie in Eastern Goldfields, Western Australia.

The stock (ASX: MXR) finished 50 per cent higher for the week at 1.5c.

Apollo Consolidated (ASX: AOP) posted “exceptional” drill results after getting an intercept of 25 metres at 6.80 grams of gold per tonne at a project in Western Australia. Other holes saw intercepts of up to 15.95 grams.

Apollo finished the week 49 per cent higher at 26c.

Here are the best performing ASX Small Cap stocks for Oct 23-27

Code Name Change (5-day) Mkt Cap Price 52wk High 52wk Low
TEX TARGET ENERGY LTD 2 3867019.25 0.003 0.003 0.001
JAT JATENERGY LTD 1.181818 5499872.5 0.022 0.035 0.01
SP1 SEARCH PARTY GROUP LTD 1 851352.375 0.001 0.065 0.001
PRL PETREL ENERGY LTD 0.923077 36893860 0.024 0.047 0.0078
ABL ABILENE OIL AND GAS LTD 0.857143 5168986.5 0.013 0.014 0.007
MXC MGC PHARMACEUTICALS LTD 0.789474 74569392 0.071 0.12 0.035
MYQ MYFIZIQ LTD 0.730769 10670205 0.15 0.18 0.03
LKE LAKE RESOURCES NL 0.714286 27299162 0.135 0.155 0.031
FYA FORTUNE ASIA GROUP LTD 0.714286 5460000 0.06 0.079 0.03
QSS QUESTUS LTD 0.642857 2132273.75 0.023 0.024 0.013
WGL WANGLE TECHNOLOGIES LTD 0.642857 21285216 0.019 0.057 0.008
IVX INVION LTD 0.6 11647723 0.007 0.01 0.002
GPP GREENPOWER ENERGY LTD 0.6 25060552 0.021 0.049 0.012
TAG TAG PACIFIC LTD 0.574074 10567895 0.095 0.095 0.04
XPE XPED LTD 0.571429 16299946 0.011 0.078 0.007
EYM ELYSIUM RESOURCES LTD 0.555556 6287035.5 0.014 0.072 0.007
GTR GTI RESOURCES LTD 0.545455 1583833.375 0.017 0.042 0.01
CAD CAENEUS MINERALS LTD 0.5 19508466 0.003 0.005 0.001
MXR MAXIMUS RESOURCES LTD 0.5 4540953 0.0015 0.005 0.001
NIU NIUMINCO GROUP LTD 0.5 5493181.5 0.003 0.007 0.001
TYK TYCHEAN RESOURCES LTD 0.5 2008625.5 0.005 0.012 0.002
AOP APOLLO CONSOLIDATED LTD 0.485714 46163400 0.26 0.275 0.053
TOU TLOU ENERGY LTD 0.481481 61108572 0.195 0.2 0.097
BIT BIOTRON LTD 0.473684 10984464 0.027 0.0467 0.016
GBR GREAT BOULDER RESOURCES LTD 0.470588 17098500 0.255 0.27 0.096
BRN BRAINCHIP HOLDINGS LTD 0.441176 208054112 0.245 0.365 0.15
4CE FORCE COMMODITIES LTD 0.432432 14237083 0.052 0.07 0.016
AHL AHALIFE HOLDINGS LTD 0.428571 20014864 0.028 0.0632 0.0089
NME NEX METALS EXPLORATION LTD 0.428571 1527169.5 0.01 0.015 0.003
DAF DISCOVERY AFRICA LTD 0.428571 3824694 0.018 0.022 0.006

 

ASX Small Cap Losers Oct 23-27

Capricorn Metals (ASX:CMM) failed to excite investors despite a feasibility study finding its Karlawinda project to be a robust, high-margin project.

The company is targeting first gold from by June 2019. However, the stock finished the week 26 per cent in the red closing Friday at 5.8c.

Meanwhile, major shareholder and director of Redbank Copper (ASX:RCP) Mike Fotios loaned the company up to $1 million with an interest rate of 8 per cent per annum for working capital.

The company must repay the loan within 10 days of a capital raising.

Rebank finished the week at 0.15c, down 25 per cent.

Here are the worst performing ASX Small Cap stocks for Oct 23-27

Ticker Name Change (5-day) Market Cap Price 52wk High 52wk Low
BSP BLACK STAR PETROLEUM LTD -0.5 530012.6875 0.001 0.003 0.001
MCX MARINER CORP LTD -0.477612 480832.875 0.035 0.08 0.033
AKF ASK FUNDING LTD -0.428571 2110576.5 0.032 0.063 0.032
ISD ISENTIA GROUP LTD -0.412256 210999984 1.05 3.57 0.98
TOM TOMIZONE LTD -0.375 3800755.25 0.015 0.033 0.0091
TTA TTA HOLDINGS LTD -0.365854 3573008.5 0.026 0.045 0.026
AGJ AGRICULTURAL LAND TRUST -0.36 3120321.25 0.055 0.032
ACP AUDALIA RESOURCES LTD -0.35 4991446.5 0.013 0.028 0.013
TMK TAMASKA OIL & GAS LTD -0.333333 3920000 0.002 0.004 0.002
VMG VDM GROUP LTD -0.333333 5477661 0.001 0.003 0.001
R3D R3D GLOBAL LTD -0.333333 1234411.75 0.03 0.17 0.03
MTL MANALTO LTD -0.3 2606720.5 0.007 0.055 0.005
MZZ MATADOR MINING LIMITED -0.3 5843250.5 0.245 0.35 0.19
PIO PIONEER RESOURCES LTD -0.291667 24304368 0.019 0.029 0.014
TML TIMAH RESOURCES LTD -0.285714 4674066 0.05 0.07 0.05
NCL NETCCENTRIC LTD -0.285714 5250000 0.02 0.052 0.02
CAQ CAQ HOLDINGS LTD -0.272727 57422904 0.08 0.145 0.06
CMM CAPRICORN METALS LTD -0.25974 32625630 0.058 0.145 0.054
LPD LEPIDICO LTD -0.258065 60120520 0.025 0.037 0.0089
MHC MANHATTAN CORP LTD -0.25 4223361 0.03 0.052 0.025
EXO ENNOX GROUP LTD -0.25 1326381.125 0.003 0.005 0.002
RCP REDBANK COPPER LTD -0.25 3509145.5 0.0015 0.003 0.001
NCR NUCOAL RESOURCES LTD -0.25 4611674.5 0.006 0.01 0.004
SRO SHAREROOT LTD -0.25 4007858.75 0.006 0.025 0.005
SBU SIBURAN RESOURCES LTD -0.25 2093496.25 0.003 0.011 0.002
AQD AUSQUEST LTD -0.25 10518845 0.021 0.03 0.005
HGL HUDSON INVESTMENT GROUP -0.238095 8973340 0.032 0.042 0.03
FTZ FERTOZ LTD -0.233333 4349522 0.046 0.12 0.046
CNX CARBON ENERGY LTD -0.230769 12986703 0.2 1.4 0.2