Lunchtime ASX small cap wrap: who’s aceing it so far today
News
News
Here are the key ASX small cap winners and losers at lunch Wednesday August 29:
The ASX Small Ords was up 2 points or 0.07 per cent to 2,909 at 1pm AEST.
GOING UP
News that wireless tracker Bluechiip (ASX:BCT) had signed a $15.9 million supply agreement with life sciences company Labcon North America resonated well with investors, sending the stock flying 123 per cent to an intraday high of 9.8c.
By lunch it had settled back down to 8c — still an 82 per cent gain on the previous day’s close. Labcon has ordered $5.8 million worth of chips, readers and software and engineering services over a two-year period.
The company also reported a 136 per cent increase in revenues for the 2018 financial year, though a $2.5 million loss was up slightly on the $2.0 million loss in 2017. BCT shares gained more than 50 per cent in the past year.
Aspire Mining (ASX:APM) shares were active this morning, with more than 10 million shares being traded after the company announced that it target early development of Ovoot orebordy.
The company hit an intraday high of 2.4c, a 20 per cent gain on the previous day.
The biggest small cap mover of the day was Niuminco Group (ASX:NIU), which rose to an intraday high of 0.2c, a 100 per cent gain, after telling investors this morning that it had produced a record haul at its Edie Creek mine.
They reported a record 653 wet tonnes of material processed at an average rate of 4.6 tonnes per hour, saying it was the highest monthly figure since recommencing pilot mining in 2014.
Niuminco was put on notice by the ASX last year over its cash reserves, as they had a measly $1000 at the time. At the end of July 2018 the company told the market it had $2000 in the bank.
Increased revenue sent Reverse Corp (ASX:REF) up 19 per cent to an intraday high of 8.7c, despite the company turning a $300,000 profit into a loss.
Reverse’s revenue was up 21 per cent year-on-year to $8.1 million.
Here are the best performing ASX small cap stocks at 12.30pm Wednesday, August 29:
Swipe or scroll to reveal the full table. Click headings to sort
ASX code | Company | Price change today (at 12.30pm) | Price (12.15pm) | Volume | Market Cap |
---|---|---|---|---|---|
BCT | BLUECHIIP | 0.886363636364 | 0.083 | 2M | 17.5M |
VPR | VOLT POWER GROUP | 0.5 | 0.003 | 1M | 20.6M |
VMG | VDM GROUP | 0.5 | 0.003 | 4M | 14.7M |
NWE | NORWEST ENERGY | 0.5 | 0.003 | 3M | 8.5M |
MNB | MINBOS RESOURCES | 0.5 | 0.003 | 1M | 14.1M |
SYS | SYNGAS | 0.333333333333 | 0.004 | 443k | 1.8M |
EMP | EMPEROR ENERGY L | 0.333333333333 | 0.004 | 8M | 2.7M |
IBX | IMAGION BIOSYSTE | 0.285714285714 | 0.09 | 154k | 15.0M |
REF | REVERSE CORP | 0.279411764706 | 0.087 | 613k | 6.3M |
WBE | WHITEBARK ENERGY | 0.25 | 0.005 | 600k | 4.5M |
SUD | SUDA PHARMACEUTI | 0.25 | 0.005 | 300k | 10.3M |
ICG | INCA MINERALS | 0.25 | 0.005 | 700k | 11.8M |
GPP | GREENPOWER ENERG | 0.25 | 0.005 | 2M | 5.8M |
DDD | 3D RESOURCES | 0.25 | 0.005 | 650k | 3.5M |
CLZ | CLASSIC MINERALS | 0.25 | 0.005 | 4M | 10.9M |
SRO | SHAREROOT | 0.2 | 0.006 | 2M | 6.7M |
DEV | DEVEX RESOURCES | 0.2 | 0.006 | 907k | 5.5M |
AKM | ASPIRE MINING | 0.2 | 0.024 | 9M | 52.2M |
CZR | COZIRON RESOURCE | 0.2 | 0.018 | 373k | 26.8M |
ROO | ROOTS SUSTAI-CDI | 0.178571428571 | 0.33 | 116k | 17.9M |
SMD | SYNDICATED METAL | 0.166666666667 | 0.007 | 35k | 3.8M |
MED | MERLIN DIAMONDS | 0.166666666667 | 0.007 | 7M | 19.8M |
CTO | CITIGOLD CORP | 0.166666666667 | 0.007 | 400k | 11.5M |
GO2 | GO2 PEOPLE | 0.164705882353 | 0.099 | 178k | 10.0M |
DEM | DE.MEM | 0.16 | 0.145 | 20k | 13.5M |
SL1 | SYMBOL MINING | 0.157894736842 | 0.022 | 30k | 11.1M |
TBH | BETMAKERS HOLDIN | 0.146666666667 | 0.086 | 258k | 14.0M |
ZYB | ZYBER HOLDINGS L | 0.142857142857 | 0.008 | 79k | 4.6M |
VAL | VALOR RESOURCES | 0.142857142857 | 0.008 | 525k | 12.5M |
TSC | TWENTY SEVEN CO | 0.142857142857 | 0.008 | 2M | 6.2M |
RBR | RBR GROUP | 0.142857142857 | 0.008 | 583k | 4.9M |
NAE | NEW AGE EXPLORAT | 0.142857142857 | 0.008 | 5k | 5.3M |
SGC | SACGASCO | 0.138888888889 | 0.041 | 731k | 9.3M |
IIL | INNATE IMMUNOTHE | 0.134328358209 | 0.38 | 2k | 13.7M |
GOING DOWN
Prime Media (ASX:PRT), which owns and operates Channel Seven’s regional stations, took a 32 per cent hit this morning, dropping to an intraday low of 19.5c after reporting its annual result.
The company’s full-year loss worsened by 134 per cent to $12.3 million, while revenue dropped 9 per cent to $219 million.
Here are the worst performing ASX small cap stocks at 12.30pm Wednesday, August 29:
Swipe or scroll to reveal the full table. Click headings to sort
ASX code | Company | Price change today (at 12.30pm) | Price (12.15pm) | Volume | Market Cap |
---|---|---|---|---|---|
AKN | AUKING MINING | -0.333333333333 | 0.002 | 50k | 2.8M |
PRT | PRIME MEDIA GRP | -0.293103448276 | 0.205 | 869k | 106.2M |
YPB | YPB GROUP | -0.235294117647 | 0.026 | 5M | 22.5M |
ROG | RED SKY ENERGY L | -0.2 | 0.004 | 3M | 3.9M |
JKA | JACKA RESOURCES | -0.2 | 0.004 | 350k | 3.8M |
VIC | VICTORY MINES | -0.166666666667 | 0.005 | 140k | 7.4M |
AYR | ALLOY RESOURCES | -0.166666666667 | 0.005 | 356k | 8.7M |
SHO | SPORTSHERO | -0.162162162162 | 0.155 | 10k | 46.3M |
DLC | DELECTA | -0.142857142857 | 0.006 | 5M | 4.4M |
CV1 | CV CHECK | -0.132352941176 | 0.059 | 6 | 16.9M |
KGM | KALNORTH GOLD MI | -0.125 | 0.007 | 17k | 7.2M |
ARD | ARGENT MINERALS | -0.117647058824 | 0.015 | 100k | 7.9M |
JRV | JERVOIS MINING | -0.114285714286 | 0.31 | 82k | 77.3M |
LPD | LEPIDICO | -0.111111111111 | 0.024 | 5M | 79.0M |
SDV | SCIDEV | -0.111111111111 | 0.008 | 56k | 5.7M |
AWV | ANOVA METALS | -0.105263157895 | 0.017 | 750k | 11.9M |
HWK | HAWKSTONE MINING | -0.103448275862 | 0.026 | 382k | 9.1M |
AGR | AGUIA RESOURCES | -0.103448275862 | 0.13 | 286k | 19.1M |
RIM | RIMFIRE PAC MNG | -0.1 | 0.009 | 40 | 9.4M |
KEY | KEY PETROLEUM | -0.1 | 0.009 | 1M | 13.5M |
AQC | AUSTRALIAN PACIF | -0.1 | 0.72 | 5k | 39.4M |
AGE | ALLIGATOR ENERGY | -0.1 | 0.009 | 10M | 7.4M |
CRB | CARBINE RESOURCE | -0.09375 | 0.029 | 9k | 6.4M |
QFY | QUANTIFY TECHNOL | -0.0909090909091 | 0.02 | 25k | 12.1M |
DHR | DARK HORSE RESOU | -0.0909090909091 | 0.01 | 200k | 21.2M |
AKP | AUDIO PIXELS HOL | -0.0892330383481 | 12.35 | 5k | 364.7M |
DEG | DE GREY MINING | -0.0882352941176 | 0.155 | 1M | 61.7M |
ECT | ENVIRONMENTAL CL | -0.0833333333333 | 0.011 | 2M | 57.6M |
LI3 | LITHIUM CONSOLID | -0.0833333333333 | 0.11 | 81k | 10.9M |