It’s been a chaotic morning in Mark Zuckerberg’s world, as both Facebook and Instagram suffered major outages.

But tech news didn’t feature heavily among ASX small caps, where mining and energy stocks were the main movers and shakers.

At 12pm AEST, the ASX Small Ords was up 11.3 points or 0.41 per cent to 2,775.3.

GOING UP

Lithium player Strike Minerals (ASX:SRK) was a big mover, jumping almost 40 per cent to 9 cents.

It follows an announcement yesterday that Strike has acquired a 90 per cent interest in 12,000 hectares of prospective lithium concessions in Argentina.

And Biotech company PharmAust (ASX: PAA) rose by 28 per cent to 4 cents after announcing a successful trial of its anti-cancer treatment for dogs.

Elsewhere, IoT company CCP Technologies (ASX: CT1) jumped by 33 per cent to 1.2 cents a share as the market responded positively to a sales update this morning.

Here are the best performing ASX small cap stocks at 12.30pm, Thursday, March 14:

ASX Code Name Last price Percentage change Market cap Volume
CLZ Classic Minerals Ltd 0.002 50% $4,500,000 1.0M
SRK Strike Resources Ltd/Australia 0.09 38% $12,400,000 2.4M
CT1 CCP Technologies Ltd 0.01 33% $5,400,000 1.1M
KGM KalNorth Gold Mines Ltd 0.004 33% $3,600,000 128.0k
LRS Latin Resources Ltd 0.002 33% $6,500,000 5.9M
PNN PepinNini Lithium Ltd 0.004 33% $3,300,000 125.0k
XST XState Resources Ltd 0.004 33% $4,600,000 499.2k
HMX Hammer Metals Ltd 0.026 30% $7,200,000 2.4M
PAA PharmAust Ltd 0.041 28% $9,500,000 1.3M
STM Sunstone Metals Ltd 0.041 28% $51,000,000 20.7M
AOU Auroch Minerals Ltd 0.08 25% $7,500,000 310.0k
PRL Petrel Energy Ltd 0.005 25% $9,700,000 325.0k
ADN Andromeda Metals Ltd 0.006 20% $8,100,000 65.0k
PDI Predictive Discovery Ltd 0.012 20% $2,800,000 507.2k
PMY Pacifico Minerals Ltd 0.006 20% $9,900,000 2.0M
RMX Red Mountain Mining Ltd 0.006 20% $4,700,000 5.4M
WCN White Cliff Minerals Ltd 0.006 20% $2,800,000 2.5M
ENR Encounter Resources Ltd 0.1 19% $27,500,000 1.6M
AAJ Aruma Resources Ltd 0.006 17% $4,200,000 285.7k
ANR Anatara Lifesciences Ltd 0.42 17% $20,800,000 57.1k

GOING DOWN

A couple of mining minnows — VDM Group (ASX: VMG) and Auking Mining Ltd (ASX: AKN) led the small caps market lower today.

And oil & gas explorer Red Emperor (ASX: RMP) lost some momentum, after rocketing higher last week following an announcement on its Alaskan drilling operations.

Red Emperor promptly slumped by over 70 per cent yesterday following an update on in WINX drilling program, and slipped by another 24 per cent this morning.

Here are the best performing ASX small cap stocks at 12.30pm, Thursday, March 14:

ASX Code Name Last price Percentage change Market cap Volume
VMG VDM Group Ltd 0.001 -50% $6,300,000 230.0k
AKN Auking Mining Ltd 0.001 -33% $933,000 2.0M
ADV Ardiden Ltd 0.003 -25% $5,000,000 1.0M
RMP Red Emperor Resources NL 0.02 -24% $8,400,000 24.5M
XPE Xped Ltd 0.002 -20% $3,000,000 285.0k
FTT Factor Therapeutics Ltd 0.004 -20% $4,200,000 900.0k
ANL Amani Gold Ltd 0.002 -20% $7,000,000 82.9k
IAM Intiger Group Ltd 0.005 -17% $10,100,000 45.0k
FGO Flamingo AI Ltd 0.005 -17% $5,600,000 657.0k
FYI FYI Resources Ltd 0.06 -15% $11,000,000 152.4k
STN Saturn Metals Ltd 0.17 -15% $9,600,000 68.0k
REF Reverse Corp Ltd 0.017 -15% $1,600,000 171.2k
VEC Vector Resources Ltd 0.012 -14% $27,800,000 13.1M
ELT Elementos Ltd 0.006 -14% $9,200,000 250.0k
IAU Intrepid Mines Ltd 0.3 -14% $4,100,000 515k
PM1 Pure Minerals Ltd 0.013 -13% $4,100,000 148.9k
TPD Talon Petroleum Ltd 0.004 -13% $4,400,000 6.3M
LSA Lachlan Star Ltd 0.007 -13% $5,300,000 10.0k
CGS Cogstate Ltd 0.3 -12% $36,400,000 19.5k