It’s been a case of another day, another brutal selloff for ASX investors as markets remained in the throes of a coronavirus-induced panic.

The local index is on track for its third straight fall of well over 1 per cent after global stocks got smashed again overnight.

The S&P500 was actually pointing higher at the conclusion of Asian trade yesterday. But the good news didn’t last long, and US markets got mauled into the close after a dire health warning from the Center for Disease Control and Prevention.

With new cases popping up across multiple regions, analysts are in the process of revising their 2020 forecasts for global economic growth sharply lower.

Local markets started badly and couldn’t arrest the damage into midday trade, as the ASX200 slumped by 1.96 per cent to 6,732 points. The risk-off mood sparked heavier falls on the Small Ords index, which fell 2.37 per cent to 2,882 points.

Both indexes have now lost around 6 per cent this week.

 

WINNERS

Here are the best performing ASX small cap stocks at 12pm Wednesday February 26:

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CODE NAME PRICE % CHANGE MARKET CAP
T3D 333D Ltd 0.002 +100.00% $2.1M
CZN Corazon Mining Ltd 0.003 +50.00% $7.2M
VPR Volt Power Group Ltd 0.0015 +50.00% $13.5M
PCL Pancontinental Oil & Gas NL 0.002 +33.33% $10.8M
CLA Celsius Resources Ltd 0.01 +25.00% $7.6M
DEG De Grey Mining Ltd 0.22 +22.22% $228.5M
ATL Apollo Tourism & Leisure Ltd 0.32 +20.75% $58.6M
AGE Alligator Energy Ltd 0.003 +20.00% $4.2M
AFL AF Legal Group Ltd 0.14 +17.39% $8.1M
CE1 Calima Energy Ltd 0.007 +16.67% $15.1M
DW8 Digital Wine Ventures Ltd 0.007 +16.67% $8.2M
GTR GTI Resources Ltd 0.007 +16.67% $3.3M
ICN Icon Energy Ltd 0.007 +16.67% $4.2M
HLS Healius Ltd 3.18 +15.22% $2.0B
CFO CFOAM Ltd 0.06 +14.55% $11.2M
AZV Azure Healthcare Ltd 0.12 +14.29% $34.1M
G88 Golden Mile Resources Ltd 0.05 +11.90% $3.4M
NCR NuCoal Resources Ltd 0.01 +11.11% $7.7M
XCD XCD Energy Ltd 0.01 +11.11% $7.0M

De Grey Mining (ASX:DEG)

The junior gold explorer had some more good news out of its Hemi project in WA, after confirming the discovery of larger sulphide zones underneath existing high-grade gold zones.

The large sulphide zones “have the potential to significantly increase Hemi’s scale”, technical director Andy Beckwith said.

 

LOSERS

Here are the worst performing ASX small cap stocks at 12pm Wednesday February 26:

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

CODE NAME PRICE % CHANGE MARKET CAP
CAD Caeneus Minerals Ltd 0.001 -50.00% $2.6M
AMA AMA Group Ltd 0.52 -33.33% $362.1M
TRL Tanga Resources Ltd 0.001 -33.33% $1.9M
MTB Mount Burgess Mining NL 0.001 -33.33% $1.1M
MRD Mount Ridley Mines Ltd 0.002 -33.33% $5.4M
APG Austpac Resources NL 0.002 -33.33% $5.8M
SBR Sabre Resources Ltd 0.0015 -25.00% $1.3M
TTI Traffic Technologies Ltd 0.01 -23.08% $5.8M
BLK Blackham Resources Ltd 0.01 -23.08% $49.5M
ENR Encounter Resources Ltd 0.09 -20.87% $25.6M
REZ Resources & Energy Group Ltd 0.012 -20.00% $4.7M
POW Protean Energy Ltd 0.004 -20.00% $1.2M
LSA Lachlan Star Ltd 0.008 -20.00% $6.0M
DRE Dreadnought Resources Ltd 0.004 -20.00% $7.1M
ARE Argonaut Resources NL 0.004 -20.00% $6.3M
SND Saunders International Ltd 0.42 -19.23% $44.0M
TAO Tao Commodities Ltd 0.06 -18.75% $2.0M
TER Terracom Ltd 0.19 -17.78% $95.3M
WML Woomera Mining Ltd 0.014 -17.65% $2.6M
EM2 Eagle Mountain Mining Ltd 0.11 -15.38% $12.2M
SVA Simavita Ltd 0.02 -15.00% $7.1M

Traffic Technologies (ASX:TTI)

The tech company, which provides software and hardware products used in traffic control and road safety systems, fell sharply after the market responded negatively to its latest set of half-year results.

At Stockhead, we tell it like it is. While De Grey Mining is a Stockhead advertiser, it did not sponsor this article.