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Lunchtime ASX small cap wrap: who’s blowing up today
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Here are the key ASX small cap winners and losers at lunch Thursday Sep 6:
The ASX Small Ords was down 42 points or 1.5 per cent to 2,812.4 at 12.40pm AEST.
GOING UP
Consolidated Zinc (ASX:CZL) was on the move again, up another 8 per cent to an intraday high of 1.6c.
Yesterday the miner closed at 1.4c, after hitting 1.6c during the day when announcing it had started mining at its Plomosas zinc, lead and silver site in northern Mexico. Today CZL issued an update, saying the project was now fully funded.
Niuminco Group (ASX:NIU) doubled to 0.2c this morning, telling investors that exploration at its Edie Creek mine revealed increased gold silver potential.
It’s welcome good news for the ASX junior, which earlier this week revealed it received a wind-up notice, lost two exploration permits and was facing cash flow issues.
The backroom antics continue at Empire Resources (ASX:ERL) which is facing yet another board spill as a major backer demands the troubled gold miner call a meeting to vote out directors.
Investors sent the stock up 8 per cent to 1.3c.
Michael Ruane, who holds a stake of almost 9 per cent, through two of his associated companies – Tyson Resources and Kesli Chemicals – has served Empire with a “249D” notice to give shareholders the opportunity to vote out the four-director board.
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It’s been a good week for gold explorer Breaker Resources (ASX:BRB). On Tuesday the company told investors its Bombora gold deposit continued to return high-grade results, and today revealed a 74 per cent increase in contained ounces of gold.
As a result Breaker gained 33 per cent on yesterday’s closing price, rising to 30c. Back in February Stockhead columnist Barry FitzGerald said Breaker was one of most appealing gold stocks.
Here are the best performing ASX small cap stocks at 12pm AEST Thursday Sep 6:
Swipe or scroll to reveal the full table. Click headings to sort
| ASX code | Company | Price change today (12pm) | Price (12pm) | Volume | Market Cap |
|---|---|---|---|---|---|
| BDI | BLINA MINERALS N | 1 | 0.2c | 542k | 4.3M |
| APG | AUSTPAC RES | 1 | 0.2c | 12M | 2.0M |
| SBU | SIBURAN RESOURCE | 0.5 | 0.3c | 857k | 1.4M |
| NWE | NORWEST ENERGY | 0.5 | 0.3c | 2M | 8.5M |
| MOX | MONAX MINING | 0.5 | 0.3c | 200k | 1.8M |
| AUH | AUSTCHINA HOLDIN | 0.29 | 0.9c | 200k | 7.8M |
| GPP | GREENPOWER ENERG | 0.25 | 0.5c | 120k | 5.8M |
| DDD | 3D RESOURCES | 0.25 | 0.5c | 805k | 4.0M |
| AX8 | ACCELERATE RESOU | 0.25 | 12.5c | 872k | 4.8M |
| NTI | NEUROTECH INT | 0.21 | 14.5c | 43k | 13.1M |
| BRB | BREAKER RESOURCE | 0.2 | 27c | 1M | 32.9M |
| SDL | SUNDANCE RESOURC | 0.2 | 0.6c | 5M | 45.7M |
| MED | MERLIN DIAMONDS | 0.2 | 0.6c | 100k | 16.5M |
| DTS | DRAGONTAIL SYSTE | 0.18 | 13c | 264k | 23.7M |
| AGS | ALLIANCE RESOURC | 0.17 | 11.5c | 445k | 10.2M |
| E2E | EON NRG | 0.17 | 0.7c | 500k | 2.4M |
| AOA | AUSMON RESOURCES | 0.17 | 0.7c | 80k | 3.1M |
| KPO | KALINA POWER | 0.16 | 3.6c | 124k | 13.7M |
| BD1 | BARD1 LIFE SCIEN | 0.15 | 1.5c | 1M | 10.8M |
| VML | VITAL METALS | 0.14 | 0.8c | 200k | 12.2M |
| SIH | SIHAYO GOLD | 0.14 | 1.6c | 5k | 26.0M |
| RMX | RED MOUNTAIN MIN | 0.14 | 0.8c | 250k | 4.7M |
| DLC | DELECTA | 0.14 | 0.8c | 180k | 4.4M |
| SWJ | STONEWALL RESOUR | 0.13 | 0.9c | 250k | 23.6M |
| CTM | CENTAURUS METALS | 0.13 | 0.9c | 200k | 18.4M |
| ARD | ARGENT MINERALS | 0.13 | 1.8c | 213k | 7.4M |
| PXX | POLARX | 0.12 | 8.4c | 120k | 22.4M |
| 9SP | 9 SPOKES INTERNA | 0.12 | 1.9c | 771k | 8.4M |
| ZIP | ZIPTEL | 0.11 | 2c | 278k | 2.7M |
| PIL | PEPPERMINT INNOV | 0.11 | 2c | 5M | 17.6M |
GOING DOWN
Geopacific Resources (ASX:GPR) shares were down 15 per cent at lunch to an intraday low of 2.2c, with 129 million shares trading hands.
The company had no news out today, but told investors yesterday that its Woodlark gold project had returned several new high-grade gold anomalies.
Woodlark Island is off the east coast of Papua New Guinea in the Soloman Sea and has an estimated population of just 6000.
Here are the worst performing ASX small cap stocks at 12pm AEST Thursday Sep 6:
Swipe or scroll to reveal the full table. Click headings to sort
| ASX code | Company | Price change today (12pm) | Price (12pm) | Volume | Market Cap |
|---|---|---|---|---|---|
| EGY | ENERGY TECHNOLOG | -0.33 | 0.2c | 2M | 1.0M |
| TAU | TRUSTEES AUSTRAL | -0.24 | 22c | 35k | 24.9M |
| KRC | KING RIVER COPPE | -0.23 | 5.3c | 10M | 85.5M |
| WCNDA | WHITE CLIFF MINE | -0.2 | 4c | 73k | 3.8M |
| SUD | SUDA PHARMACEUTI | -0.2 | 0.4c | 11M | 12.9M |
| CVS | CERVANTES CORP | -0.2 | 0.8c | 932k | 4.9M |
| ZMI | ZINC OF IRELAND | -0.17 | 0.5c | 3M | 11.7M |
| AVD | ANTILLES OIL AND | -0.17 | 3c | 132k | 4.9M |
| NAG | NAGAMBIE RESOURC | -0.16 | 6.4c | 64k | 31.1M |
| NAE | NEW AGE EXPLORAT | -0.13 | 0.7c | 167k | 5.7M |
| KYK | KYCKR | -0.13 | 10.5c | 34k | 18.1M |
| DTM | DART MINING NL | -0.13 | 0.7c | 100k | 6.9M |
| CZN | CORAZON MINING L | -0.13 | 0.7c | 3M | 10.1M |
| IRC | INTERMIN RES | -0.13 | 14c | 8k | 37.7M |
| JHL | JAYEX HEALTHCARE | -0.12 | 3c | 17k | 5.7M |
| TMT | TECHNOLOGY METAL | -0.12 | 52.5c | 103k | 33.6M |
| GPR | GEOPACIFIC RESOU | -0.12 | 2.3c | 128M | 54.1M |
| PCL | PANCONTINENTAL | -0.11 | 0.8c | 5M | 47.4M |
| ADV | ARDIDEN | -0.11 | 0.8c | 12M | 15.1M |
| MEB | MEDIBIO | -0.11 | 12.5c | 208k | 28.4M |
| D2O | DUXTON WATER | -0.1 | $1.21 | 289k | 120.9M |
| SI6 | SIX SIGMA METALS | -0.1 | 0.9c | 7 | 4.6M |
| MUS | MUSTANG RESOURCE | -0.1 | 0.9c | 602k | 11.5M |
| MRV | MORETON RESOURCE | -0.1 | 0.9c | 48k | 28.4M |
| IVQ | INVITROCUE | -0.1 | 9c | 81k | 51.4M |
| CDT | CASTLE MINERALS | -0.1 | 0.9c | 77k | 2.2M |
| AQD | AUSQUEST | -0.1 | 1.8c | 73k | 10.5M |
| TGO | TRIMANTIUM GROWT | -0.1 | $1.10 | 10k | 134.9M |
| OGX | ORINOCO GOLD | -0.1 | 3.7c | 2M | 42.4M |
| IAB | INABOX GROUP | -0.1 | 57c | 2k | 15.0M |
