Lunchtime ASX small cap wrap: who’s flying today
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Here are the key ASX small cap winners and losers at lunch Thursday Nov 1:
The ASX Small ords index was up 0.9 per cent or 24 points to 2609.6 at 1pm AEST
Cancer biotech Race Oncology (ASX:RAC) more than doubled today after starting the hunt for a “sale, licence, partnership, collaborative venture or other arrangement” for its drug Bisantrene.
Race’s shares shot up 123 per cent to an intraday high of 23.5c.
That’s good news for shareholders who’ve watched the share price steadily decline from around 50c at the start of the year
Race has signed up New York-based Biosynergy Partners, owned by one of Race’s directors, to look for deals for the drug.
Bisantrene is a chemotherapy drug that was tested in more than 40 clinical studies before it was “lost” in a series of pharmaceutical mergers in the 1990s.
Musgrave Minerals ASX:MGV) continued to make ground after reporting high-grade gold discoveries at its flagship project in Western Australia last week.
The stock hit a 12-month high of 10c today — alnost doubling its price in little more than two weeks (see graph below).
Last week Musgrave boss Rob Waugh said the company’s Lake Austin North project was “is proving to be a large, well-mineralised system and the current diamond drilling program will aim to further outline the size and grade of this new and exciting gold discovery”.
Pancontinental Oil and Gas (ASX: PCL) gained 50 per cent to 0.3c after Raven Energy (ASX: REL) signed a binding deal to buy its Bombora Natural Energy subsidiary.
Bombora in particular holds a 10 per cent interest in the Dempsey gas project in California’s Sacramento Basin.
CFOAM (ASX:CFO) moved ahead after telling investors yesterday that “promising sales momentum over the latter part of the September quarter has continued into October”.
The stock was up 21 per cent to 17c in early Thursday trade.
“The company is on track to achieve a new record of quarterly cash receipts in the December quarter,” the company said.
CFOAM makes super-strength, fire-resistant carbon foam products for the aerospace, energy and defence sectors.
Here are the best performing ASX small cap stocks at 12.30pm Thursday, Nov 1:
Swipe or scroll to reveal the full table. Click headings to sort
ASX code | Company | Price change today (12.30pm) | Price (12.30pm) | Volume | Market Cap |
---|---|---|---|---|---|
BDI | BLINA MINERALS N | 1 | 0.002 | 12M | 4.3M |
APG | AUSTPAC RES | 1 | 0.002 | 13M | 2.0M |
RAC | RACE ONCOLOGY | 0.904761904762 | 0.2 | 2M | 8.1M |
WGL | WANGLE TECHNOLOG | 0.5 | 0.003 | 3M | 5.2M |
THD | THRED | 0.5 | 0.003 | 4M | 4.5M |
PCL | PANCONTINENTAL | 0.5 | 0.003 | 8M | 13.5M |
XST | XSTATE RESOURCES | 0.333333333333 | 0.004 | 189k | 2.7M |
MLS | METALS AUSTRALIA | 0.333333333333 | 0.004 | 235k | 7.0M |
LNY | LANEWAY RESOURCE | 0.333333333333 | 0.004 | 710k | 10.6M |
GLA | GLADIATOR RESOUR | 0.333333333333 | 0.004 | 52M | 3.0M |
CIO | CONNECTED IO | 0.333333333333 | 0.004 | 560k | 5.2M |
VEC | VECTOR RESOURCES | 0.294117647059 | 0.022 | 14M | 24.0M |
SBR | SABRE RES | 0.25 | 0.01 | 2M | 3.3M |
KNM | KNEOMEDIA | 0.25 | 0.02 | 507k | 10.2M |
ICG | INCA MINERALS | 0.25 | 0.005 | 21M | 11.2M |
ENB | ENEABBA GAS | 0.25 | 0.005 | 500k | 2.6M |
CFO | CFOAM | 0.214285714286 | 0.17 | 165k | 16.3M |
SPB | SOUTH PACIFIC RE | 0.2 | 0.006 | 2M | 827.6k |
SGQ | ST GEORGE MINING | 0.192307692308 | 0.155 | 433k | 38.8M |
RES | RESOURCE GENERAT | 0.181818181818 | 0.065 | 384k | 32.0M |
MGV | MUSGRAVE MINERAL | 0.166666666667 | 0.091 | 1M | 25.5M |
KLH | KALIA | 0.166666666667 | 0.007 | 7M | 15.1M |
GTE | GREAT WESTERN EX | 0.166666666667 | 0.007 | 991k | 5.5M |
SE1 | SENSERA | 0.157894736842 | 0.11 | 1M | 23.2M |
VML | VITAL METALS | 0.142857142857 | 0.008 | 102k | 12.2M |
CTO | CITIGOLD CORP | 0.142857142857 | 0.008 | 700k | 15.0M |
CTM | CENTAURUS METALS | 0.142857142857 | 0.008 | 1M | 16.1M |
BCB | BOWEN COKING COA | 0.142857142857 | 0.016 | 167k | 8.0M |
ADT | ADRIATIC MET-CDI | 0.140186915888 | 0.61 | 528k | 70.0M |
NES | NELSON RESOURCES | 0.133333333333 | 0.17 | 637k | 6.9M |
MGT | MAGNETITE MINES | 0.125 | 0.009 | 925k | 5.9M |
KAS | KASBAH RESOURCES | 0.125 | 0.009 | 365k | 8.4M |
GMR | GOLDEN RIM RESOU | 0.125 | 0.018 | 2M | 7.2M |
BID | BIDENERGY | 0.122448979592 | 0.11 | 695k | 72.6M |
CPH | CRESO PHARMA | 0.120481927711 | 0.465 | 156k | 48.1M |
TOM | TOMIZONE | 0.111111111111 | 0.01 | 200k | 3.8M |
88E | 88 ENERGY | 0.111111111111 | 0.02 | 3M | 104.0M |
TFL | TASFOODS | 0.111111111111 | 0.15 | 76k | 27.9M |
AC8 | AUSCANN GROUP HO | 0.1 | 0.77 | 646k | 216.4M |
ECT | ENVIRONMENTAL CL | 0.1 | 0.011 | 962k | 48.0M |
3D mapper Pointerra fell back after surging 120 per cent yesterday on the back of several new customer signings.
Pointerra makes cloud-based technology that manages the huge amounts of data contained in 3D files such as maps. It provides super-detailed mapping datasets without the need for high-performance computing.
One of the unnamed clients was described as “one of North America’s leading mobile mapping companies, which provides production mapping software for the Autonomous Driving industry”.
The stock reached 8.1c yesterday but fell 30 per cent to 5.9c on Thursday morning.
Here are the worst performing ASX small cap stocks at 12.30pm Thursday, Nov 1:
Swipe or scroll to reveal the full table. Click headings to sort
ASX code | Company | Price change today (12.30pm) | Price (12.30pm) | Volume | Market Cap |
---|---|---|---|---|---|
AXT | ARGO EXPLORATION | -0.5 | 0.011 | 320 | 4.0M |
AJC | ACACIA COAL | -0.5 | 0.001 | 1M | 6.1M |
CHPDD | CHAPMANS | -0.4 | 0.006 | 120k | 2.7M |
3DP | POINTERRA | -0.297619047619 | 0.059 | 54M | 41.5M |
FHS | FREEHILL MINING | -0.25 | 0.015 | 175k | 9.2M |
MNC | METMINCO | -0.25 | 0.003 | 827k | 3.7M |
GPP | GREENPOWER ENERG | -0.25 | 0.003 | 4M | 6.3M |
LVE | LOVE GROUP GLOBA | -0.206896551724 | 0.115 | 118k | 6.0M |
MIL | MILLENNIUM SERVI | -0.2 | 0.42 | 45k | 24.1M |
SI6 | SIX SIGMA METALS | -0.2 | 0.004 | 10M | 2.3M |
MSR | MANAS RESOURCES | -0.2 | 0.004 | 250k | 13.2M |
LRS | LATIN RESOURCES | -0.2 | 0.004 | 3M | 14.1M |
GBZ | GBM RESOURCES | -0.2 | 0.004 | 1M | 5.5M |
PUR | PURSUIT MINERALS | -0.183673469388 | 0.04 | 40k | 4.0M |
SUD | SUDA PHARMACEUTI | -0.166666666667 | 0.005 | 8M | 15.5M |
PWN | PARKWAY MINERALS | -0.166666666667 | 0.005 | 155k | 3.6M |
ALT | ANALYTICA | -0.166666666667 | 0.005 | 4M | 20.0M |
CRO | CIRRALTO | -0.157894736842 | 0.016 | 25k | 7.4M |
AVC | AUCTUS ALTERNATI | -0.121212121212 | 0.029 | 68k | 8.6M |
MYQ | MYFIZIQ | -0.12 | 0.33 | 4k | 31.0M |
RMG | RMG | -0.117647058824 | 0.015 | 36k | 10.2M |
MSG | MCS SERVICES | -0.117647058824 | 0.015 | 35k | 3.2M |
CCE | CARNEGIE CLEAN E | -0.111111111111 | 0.008 | 764k | 24.5M |
RGS | REGENEUS | -0.108108108108 | 0.165 | 7k | 38.6M |
SDV | SCIDEV | -0.1 | 0.009 | 714k | 6.4M |
PIL | PEPPERMINT INNOV | -0.1 | 0.018 | 25k | 19.7M |
IVR | INVESTIGATOR RES | -0.1 | 0.009 | 3M | 7.4M |
CI1 | CREDIT INTELLIGE | -0.1 | 0.018 | 610k | 16.4M |
RVA | REVA MEDICAL-CDI | -0.1 | 0.225 | 60k | 103.7M |
NUH | NUHEARA | -0.0967741935484 | 0.056 | 7M | 55.3M |
SIL | SMILES INCLUSIVE | -0.0963855421687 | 0.75 | 93k | 48.1M |
CP1 | CANNPAL ANIMAL | -0.0909090909091 | 0.15 | 3k | 15.4M |
BSA | BSA | -0.0909090909091 | 0.25 | 80k | 116.5M |
WWI | WEST WITS MINING | -0.0909090909091 | 0.01 | 3M | 7.9M |
ICN | ICON ENERGY | -0.0909090909091 | 0.02 | 1M | 13.1M |
DN8 | DREAMSCAPE NETWO | -0.0869565217391 | 0.105 | 40k | 44.7M |
BXN | BIOXYNE | -0.0833333333333 | 0.033 | 220k | 23.0M |
GMV | G MEDICAL INNHOL | -0.08 | 0.345 | 4M | 134.0M |
MBK | METAL BANK | -0.0769230769231 | 0.012 | 250k | 11.5M |
IVX | INVION | -0.0740740740741 | 0.025 | 480k | 148.3M |