Here are the key ASX small cap winners at lunch Friday 25 January:

The ASX Small Ords was up 20.2 points or 0.8 per cent to 2,585.3 at 11.50am AEST.

GOING UP

White Cliff Minerals (ASX:WCN) has dug up “visible” gold at its Aucu deposit in Kyrgyzstan and its shares have gained nearly 38 per cent.

For pics, click through to our story here.

This propelled the share price up 37.5 per cent to an intra-day peak of 2.2c.

Australian Mines (ASX:AUZ) shares are up 19 per cent to 4.5c thanks to the massive Sconi nickel-cobalt development now getting ‘Prescribed Project’ status from the Queensland government which will help it through the final stages of regulatory approvals.

The $1.4 billion, 18 year-plus project aims to produce nickel, cobalt and scandium for battery makers, electric vehicles, and other high tech applications.

Marley Spoon (ASX:MMM) shares have jumped 21 per cent to 45.5c this morning as a wave of previously escrowed shares hit the market.

The company released nearly 1.4 million chess depository interests (CDIs) this morning, equivalent to 1,369 shares.

Resonance Health (ASX:RHT), which has recently gone from wallflower to overnight wonder, rose 10 per cent this morning on no news.

Shares were up to an intraday high of 9.2c.

Here are the best performing ASX small cap stocks at 12pm Friday 25 January:  

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ASX codeCompany% changeLast priceVolumeMarket cap
LRSLatin Resources50%0.3c2,089,487$5.7m
CLZClassic Minerals50%0.3c370,000$5.4m
WCNWhite Cliff Minerals38%2.2c14,410,113$3.7m
AGEAlligator Energy33%0.4c624,884$3m
ANLAmani Gold25%0.5c340,000$6.9m
WBEWhitebark Energy25%0.5c1,432,332$6.3m
GLVGlobal Vanadium25%0.5c250,000$11.3m
MMMMarley Spoon21%45.5c41,184$43.9m
SHHShree Minerals20%0.6c580,912$3m
MRQMRG Metals20%0.6c375,000$3.3m

 

GOING DOWN

Investors did not like tech company K2Fly’s (ASX:K2F) quarterly update, sending the shares down 26 per cent to an intraday and year-long low of 12.5c.

That was despite K2Fly saying it was “extremely pleased to report that significant progress is being made against our long-term strategy”.

Here are the worst performing ASX small cap stocks at 12pm Friday 25 January:  

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

ASX codeCompany% changeLast priceVolumeMarket cap
TRLTanga Resources-33%0.2c34,000$3.8m
CIOConnected IO-33%0.2c226,800$5.4m
R3DR3D Global-29%0.5c126$290k
MLSMetals Australia-25%0.3c253,140$9.4m
MSRManas Resources-25%0.3c86,000$10.6m
PYGPayGroup-21%60c51,562$39.3m
K2FK2Fly-21%13.5c349,607$11.3m
ACBA-Cap Energy-20%4.5c22,000$48.8m
PVDPura Vida Energy-18%1.8c1,192,317$5.8m
OGXOrinoco Gold-17%0.5c11,272,603$7.8m