Lunchtime ASX small cap wrap: who's hitting winners

Here are the key ASX small cap winners and losers at 12.30pm AEST Tuesday, July 10.

The ASX Small Ords was up 3.9 points or 0.14 per cent to 2858 at 12.30pm AEST.

White Rock Minerals (ASX:WRM) was the most actively traded stock on Tuesday morning, after the company unveiled a strategic partnership with Sandfire Resources, including a $2.5 million equity placement and a technical collaboration on White Rock’s Red Mountain project.

More than 36 million shares had changed hands by 11.30am AEST, worth $506,000. The share price also bounced by as much as 50 per cent to an intraday high of 1.5c.

GOING UP

Jayex Healthcare (ASX: JHL) gained as much as 200 per cent on yesterday’s closing price, climbing to an intraday high of 9c before coming back to 7.9c by 12.30pm.

Jayex will license at least five of it Bluepoint kiosks and remote dispensing terminals to unlisted Kiwi cannabis play Medicann NZ for a minimum of $500,000.

MediCann is planning to sell medical cannabis products after New Zealand’s expected deregulation of medical cannabis next year.

Meanwhile, Red Sky Energy (ASX:ROG) was up 66 per cent to an intraday high of 0.5c on news it was acquiring the Innamincka Dome Project from Beach Energy.

The oil and gas explorer also unveiled plans to raise $2.2 million, including a $1.6 million share placement and a non-renounceable rights issue.

Yowie Group (ASX:YOW) also saw a 28 per cent jump on news it will beat 2017 sales and meet guidance from earlier this year on revenue. The chocolate seller will generate a total $19.6 million from sales in 2018.

China-focused retailer Jatenergy (ASX:JAT) saw a bump of as much as 33 per cent, seeing an intraday high of 9.9c by 12.00pm.

The company confirmed it would exhibit at the Shanghai International Children Baby and Maternity Products Industry Expo, in two weeks, showcasing the Golden Koala, Neurio and Cobbitty Country brands to trade show attendees.

Meanwhile, Caenaes Minerals (ASX:CAD) saw a 100 per cent increase to an intraday high of 0.2c by 12pm. The business last updated investors on operations Thursday, when it outlined the discovery of a second lithium-enriched brine zone at its Columbus Marsh project.

The business has so far found three lithium-rich zones at the site.

Here are the best performing ASX small cap stocks at 12.30pm Tuesday, July 10.

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ASX code	Company	Today's change (12.15pm)	Price (12.15pm)	Volume
JHL	Jayex Healthcare	153%	7.6c	1,859,709
CDH	Chongherr InvesChongherr Investmentstments	125%	0.9c	288,500
ROG	Red Sky Energy	67%	0.5c	16,164,651
OEX	Oilex	50%	0.3c	190,747
XPE	XPED	50%	0.3c	200,031
IP1	Integrated Payment Tech	38%	2.9c	113,403
WRM	White Rock Minerals	30%	1.3c	38,562,445
JAT	Jatenergy	30%	9.4c	17,535,523
WRR	World Reach	27%	14c	16,000
CGM	Cougar Metals	25%	0.5c	100,000

GOING DOWN

Profit-taking saw Benitec Biopharma (ASX:BLT) lose as much as 21 per cent by 11.30am, to an intraday low of 24c.

Yesterday the stock soared 130 per cent after licensing its treatment for oculopharyngeal muscular dystrophy to US biotech Axovant Sciences for an up-front payments of $US10 million.

Here are the worst performing ASX small cap stocks at 12.30pm Tuesday, July 10.

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ASX code	Company	Today's change (12.15pm)	Price (12.15pm)	Volume
SHH	Shree Minerals	-60%	0.6c	133,334
CLZ	Classic Minerals	-25%	0.3c	671,666
SCL	Schrole Group	-25%	1.2c	1,356,043
SDX	Sienna Cancer Diagnostics	-21%	5.1c	355,296
PCL	Pancontinental Oil & Gas	-20%	0.4c	3,726,143
SDL	Sundance Resources	-20%	0.4c	1,033,333
HDY	Hardey Resources	-20%	0.4c	1,860,000
CVV	Caravel Minerals	-18%	4.9c	19,258
ALT	Analytica	-17%	0.5c	23,809
BUY	Bounty Oil and Gas	-17%	0.5c	100,000