Here are the key ASX small cap winners and losers at lunchtime Thursday July 5.

The ASX Small Ords was down 5 points or 0.2 per cent to 2,827 at 1.15pm AEST.

Lithium play Sayona Mining (ASX:SYA) was the most active stock on the market for Thursday morning, with 50 million shares worth $1.5 million changing hands by 11.30am AEST.

The movement came after the company released details of its environmental studies and permit process for its Authier lithium project in Quebec.

The studies did not identify any potential environmental issues at the project, according to the company.

The stock share price jumped 50 per cent to an intraday high of 3.6c before cooling to 3.3c at 1pm.

GOING UP

Biotech Invion (ASX:IVX) was up by as much as 48 per cent after confirming its Photosoft cancer treatment showed in early tests it can eliminate ovarian cancer cells.

The share price went to an intraday high of 4.9c by 11.45am. It was trading at 4.1c at 1pm.

Holista CollTech (ASX:HCT) gained 43 per cent in early trade after the company announced its food business had struck a deal to export its low-GI noodles into China.

The target is $CND15 million in sales in the first year of a two-year deal to sell the product to restaurants and supermarkets in China.

The shares touched 11c early in the day and were up 17 per cent at 9c by 1pm.

Greenpower Energy (ASX:GPP) jumped 40 per cent to 0.7c after announcing plans to acquire cobalt and vanadium play Ion Minerals.

Email backup provider Dropsuite (ASX:DSE) was boosted by as much as 40 per cent one yesterday’s closing price, hitting an intraday high of 14c after telling investors it had netted 100,000 new paid users over a three-week period.

The company said it secured the numbers after an “extensive marketing campaign” through a large IT services provider it partnered with in April. The startup says it now has 400,000 paid users on the books.

Meanwhile, Niuminco Group (ASX:NIU) doubled this morning, up 100 per cent to 0.2c with no news on the table this morning.

Here are the best performing ASX small cap stocks at 12.30pm Thursday, July 5. 

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ASX code Company Price change today (12.20pm) Price (12.20pm) Volume Market cap
CAD CAENEUS MINERALS 1 0.002 3M 7.2M
BDI BLINA MINERALS 1 0.002 500k 4.3M
PCH PROPERTY CONNECT 0.5 0.003 561k 3.0M
GPP GREENPOWER ENERG 0.4 0.007 12M 7.3M
SYA SAYONA MINING 0.333333333333 0.032 30M 41.5M
SPB SOUTH PACIFIC 0.333333333333 0.004 10k 496.5k
IVX INVION 0.272727272727 0.042 64M 181.2M
PCL PANCONTINENTAL 0.25 0.005 6M 21.0M
MAR MALACHITE RES 0.25 0.005 25k 5.4M
FPL FREMONT PETROL 0.25 0.01 20M 5.5M
DDD 3D RESOURCES 0.25 0.005 1M 3.5M
CXZ CONNEXION MEDIA 0.25 0.005 543k 2.9M
BAS BASS OIL 0.25 0.005 2M 11.7M
SVT SERVTECH GLOBAL 0.230769230769 0.016 13k 1.7M
PMY PACIFICO MINERAL 0.222222222222 0.011 6M 8.0M
MNC METMINCO 0.222222222222 0.011 2M 8.2M
CMD CASSIUS MINING 0.216216216216 0.045 17k 9.7M
DEV DEVEX RESOURCES 0.2 0.006 1M 5.5M
KRL KANGAROO RES 0.2 0.072 1M 206.1M
BNR BULLETIN RES 0.181818181818 0.039 54k 5.9M
AQC AUSTRALIAN PAC 0.174242424242 0.775 4k 32.5M
HCT HOLISTA COLLTECH 0.168831168831 0.09 456k 14.7M
LI3 LITHIUM CONSOLID 0.166666666667 0.14 7k 10.9M
NAE NEW AGE EXPLOR 0.166666666667 0.007 6M 3.4M
BKP BARAKA ENERGY 0.166666666667 0.007 250k 16.2M
DSE DROPSUITE 0.15 0.115 5M 48.0M

GOING DOWN

Pacifico Minerals Group (ASX:PMY) lost 20 per cent to an intraday low of 0.9c at 11.30am one day after the company released an acquisition proposal for the Sorby Hills lead, silver and zinc project.

Here are the best performing ASX small cap stocks at 12.30pm Thursday, July 5. 

Swipe or scroll to reveal the full table. Click headings to sort:

ASX code Company Today's price change (12.20pm) Price (12.20pm) Volume Market Cap
MXR MAXIMUS RESOURCES -0.5 0.001 15k 4.8M
JKA JACKA RESOURCES -0.333333333333 0.002 225k 2.3M
NVO NVOI -0.25 0.006 443k 3.3M
MRD MOUNT RIDLEY MIN -0.25 0.003 9k 6.1M
LNY LANEWAY RESOURCES -0.25 0.003 667k 13.9M
SUR SUN RESOURCES -0.2 0.004 16k 3.8M
S3R SERPENTINE TECH -0.2 0.004 1M 3.6M
MEY MARENICA ENERGY -0.175 0.099 10k 6.9M
DTM DART MINING -0.125 0.007 98k 5.9M
IIL INNATE IMMUNO -0.115942028986 0.305 250 14.2M
ICI ICANDY -0.111111111111 0.04 3k 13.6M
RMX RED MOUNTAIN -0.111111111111 0.008 5M 5.8M
PSM PENINSULA MINES -0.111111111111 0.008 603k 6.4M
MSG MCS SERVICES -0.111111111111 0.016 28k 3.4M
EVE EVE INVESTMENTS -0.111111111111 0.008 2M 20.1M
AMB AMBITION GROUP -0.107142857143 0.125 3k 9.4M
SPX SPECTRUM RARE -0.1 0.009 4M 7.1M
RNX RENEGADE EXPLOR -0.1 0.009 360k 7.1M
RD1 REGISTRY DIRECT -0.1 0.018 29k 1.7M
GTE GREAT WESTERN -0.1 0.009 4M 9.2M
FGF FIRST GROWTH FUN -0.1 0.009 2M 15.1M
MEB MEDIBIO -0.1 0.135 20k 30.4M
G88 GOLDEN MILE RES -0.0989010989011 0.41 93k 23.8M
JAT JATENERGY -0.0958904109589 0.066 869k 43.0M
NZC NZURI COPPER -0.0943396226415 0.24 250k 74.8M