Here are the key ASX small cap winners at lunch Wednesday February 6:

The ASX Small Ords was up 29.1 points or 1.1 per cent to 2,656.2 at 11.30am AEST.

GOING UP

Perpetual Resources (ASX:PEC) was the morning’s biggest mover, rising 79 per cent to an intraday high of 2.5c.

It secured an option to acquire in full the prospective high grade Beharra Silica Sand project.

Selling furniture is keeping the money rolling in at Nick Scali (ASX:NCK), where shares hit a four-month high this morning of $5.96, a 16 per cent rise.

It announced a $25.4 million profit for the 2019 first half, up 8 per cent on the previous year. Revenue was boosted by 10 per cent to $141.1 million.

Gold miner Calidus Resources (ASX:CAI) says its wholly-owned Warrawoona Gold Project, in WA’s Pilbara region, has plenty of gold.

Around 1.25 million ounces, Calidus reckons, based on a projected strike rate of 1.25 grams per tonne from a total ore deposit of 21.2 million tonnes.

Shares rose 42 per cent to 3.4c.

And before you ask, yes, the fun continues at Splitit (ASX:SPT). Its shares are up yet again, 13 per cent this morning to another new high of 87c.

It rose considerably yesterday, which followed a great debut week, which followed an awesome debut day, which followed a well-supported IPO.

Shareholders who got in on the 20cps original offer will be stoked; they’ve gained 335 per cent since then.

Here are the best performing ASX small cap stocks at 11.45am Wednesday February 6: 

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ASX code Company % change Last price Volume Market cap
CLY Clancy Exploration 100% 0.2c 242,525 $3.5m
PEC Perpetual Resources 79% 2.5c 74,221 $3.3m
AYR Alloy Resources 50% 0.3c 1,805,525 $3.2m
SLX Silex Systems 47% 25c 1,883,592 $29m
MHC Manhattan Corp 33% 0.4c 170,000 $2.2m
SUR Sun Resources 33% 0.4c 910,087 $2.6m
FTT Factor Therapeutics 33% 0.4c 125,000 $2.5m
TEG Triangle Energy 30% 13c 2,387,768 $30.7m
CAI Calidus Resources 25% 3c 13,694,257 $20.4m
AUL Austar Gold 25% 0.5c 2,851,612 $13.6m

 

GOING DOWN

MotorCycle Holdings (ASX:MTO) is finding it hard to sell motorcycles, and its shares fell 17 per cent to $1.57 this morning.

It’s preparing shareholders for first half EBITDA (earnings before interest, tax, depreciation and amortisation) of $10 million to $10.5 million.

Eon NRG (ASX:E2E) shares fell 38 per cent to 0.8c, but that was because of a renounceable rights issue that the company launched, offering shareholders one new share for every share they hold at 0.7c.

Here are the worst performing ASX small cap stocks at 11.45am Wednesday February 6: 

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ASX code Company % change Last price Volume Market cap
QSS Questus -38% 1.6c 124,000 $2.4m
E2E Eon NRG -38% 0.8c 7,618,550 $5.3m
BBX BBX Minerals -25% 15c 93,676 $80.9m
FNT Frontier Resources -25% 0.9c 200,817 $5.9m
RIE Riedel Resources -20% 1.2c 154,555 $6.3m
S3R Serpentine Technologies -20% 0.4c 1,075,000 $3.6m
MTO MotorCycle Holdings -17% $1.57 52,267 $117.2m
BHL Boyuan Holdings -16% 16c 6,000 $65.2m
AHQ Allegiance Coal -16% 4.8c 3,502 $29.1m
AHL Ahalife Holdings -14% 1.2c 100,000 $9.4m