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:

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ASX codeCompanyPrice change today (at 12.30pm)Price (12.15pm)VolumeMarket Cap
BCTBLUECHIIP0.8863636363640.0832M17.5M
VPRVOLT POWER GROUP0.50.0031M20.6M
VMGVDM GROUP0.50.0034M14.7M
NWENORWEST ENERGY0.50.0033M8.5M
MNBMINBOS RESOURCES0.50.0031M14.1M
SYSSYNGAS0.3333333333330.004443k1.8M
EMPEMPEROR ENERGY L0.3333333333330.0048M2.7M
IBXIMAGION BIOSYSTE0.2857142857140.09154k15.0M
REFREVERSE CORP0.2794117647060.087613k6.3M
WBEWHITEBARK ENERGY0.250.005600k4.5M
SUDSUDA PHARMACEUTI0.250.005300k10.3M
ICGINCA MINERALS0.250.005700k11.8M
GPPGREENPOWER ENERG0.250.0052M5.8M
DDD3D RESOURCES0.250.005650k3.5M
CLZCLASSIC MINERALS0.250.0054M10.9M
SROSHAREROOT0.20.0062M6.7M
DEVDEVEX RESOURCES0.20.006907k5.5M
AKMASPIRE MINING0.20.0249M52.2M
CZRCOZIRON RESOURCE0.20.018373k26.8M
ROOROOTS SUSTAI-CDI0.1785714285710.33116k17.9M
SMDSYNDICATED METAL0.1666666666670.00735k3.8M
MEDMERLIN DIAMONDS0.1666666666670.0077M19.8M
CTOCITIGOLD CORP0.1666666666670.007400k11.5M
GO2GO2 PEOPLE0.1647058823530.099178k10.0M
DEMDE.MEM0.160.14520k13.5M
SL1SYMBOL MINING0.1578947368420.02230k11.1M
TBHBETMAKERS HOLDIN0.1466666666670.086258k14.0M
ZYBZYBER HOLDINGS L0.1428571428570.00879k4.6M
VALVALOR RESOURCES0.1428571428570.008525k12.5M
TSCTWENTY SEVEN CO0.1428571428570.0082M6.2M
RBRRBR GROUP0.1428571428570.008583k4.9M
NAENEW AGE EXPLORAT0.1428571428570.0085k5.3M
SGCSACGASCO0.1388888888890.041731k9.3M
IILINNATE IMMUNOTHE0.1343283582090.382k13.7M

 

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:

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ASX codeCompanyPrice change today (at 12.30pm)Price (12.15pm)VolumeMarket Cap
AKNAUKING MINING-0.3333333333330.00250k2.8M
PRTPRIME MEDIA GRP-0.2931034482760.205869k106.2M
YPBYPB GROUP-0.2352941176470.0265M22.5M
ROGRED SKY ENERGY L-0.20.0043M3.9M
JKAJACKA RESOURCES-0.20.004350k3.8M
VICVICTORY MINES-0.1666666666670.005140k7.4M
AYRALLOY RESOURCES-0.1666666666670.005356k8.7M
SHOSPORTSHERO-0.1621621621620.15510k46.3M
DLCDELECTA-0.1428571428570.0065M4.4M
CV1CV CHECK-0.1323529411760.059616.9M
KGMKALNORTH GOLD MI-0.1250.00717k7.2M
ARDARGENT MINERALS-0.1176470588240.015100k7.9M
JRVJERVOIS MINING-0.1142857142860.3182k77.3M
LPDLEPIDICO-0.1111111111110.0245M79.0M
SDVSCIDEV-0.1111111111110.00856k5.7M
AWVANOVA METALS-0.1052631578950.017750k11.9M
HWKHAWKSTONE MINING-0.1034482758620.026382k9.1M
AGRAGUIA RESOURCES-0.1034482758620.13286k19.1M
RIMRIMFIRE PAC MNG-0.10.009409.4M
KEYKEY PETROLEUM-0.10.0091M13.5M
AQCAUSTRALIAN PACIF-0.10.725k39.4M
AGEALLIGATOR ENERGY-0.10.00910M7.4M
CRBCARBINE RESOURCE-0.093750.0299k6.4M
QFYQUANTIFY TECHNOL-0.09090909090910.0225k12.1M
DHRDARK HORSE RESOU-0.09090909090910.01200k21.2M
AKPAUDIO PIXELS HOL-0.089233038348112.355k364.7M
DEGDE GREY MINING-0.08823529411760.1551M61.7M
ECTENVIRONMENTAL CL-0.08333333333330.0112M57.6M
LI3LITHIUM CONSOLID-0.08333333333330.1181k10.9M