European share markets rose for the first time in five days on Tuesday, according to Commsec. US share markets were also firmer, with all major sectors getting a bump.

And it looks like China is going the whole hog to resolve this US trade war by importing a record amount of American pork in 2019, according to Bloomberg.

This positive attitude didn’t flow through to Australian markets, with the ASX Small Ords continuing to soften. The index was down another 0.26 per cent to 2713 by about 12pm EST.

Here’s the state of play at lunch Wednesday March 27:

WINNERS

Coal explorer Resource Generation (ASX:RES) received a speeding ticket from the ASX after its share price caught a rocket on Tuesday for no apparent reason at all – up 53 per cent to 13c per share.

Resource Generation may have no idea what’s going on, but someone knows something — the stock was up another 21 per cent today.

Also up 50 per cent and 25 per cent respectively on no news were minnows Classic Minerals (ASX:CLZ) and Grand Gulf Energy (ASX:GGE).

Sipa Resources (ASX:SRI) has bought a gold project right near the new Moho Resources (ASX:MOH) discovery.

Sipa was up 14.3 per cent in morning trade after announcing the acquisition of the Clara project in north west Queensland.

Here are the best performing ASX small cap stocks at 12pm on Wed, March 27:  

ASX Code Name Last Price Percentage Change Market Cap Volume
CLZ Classic Minerals 0.002 50% $4,500,000 1.2M
SRO Shareroot 0.002 33% $2,400,000 28.2M
IHR intelliHR Holdings 0.15 25% $15,800,000 95.0k
GGE Grand Gulf Energy 0.005 25% $3,800,000 250.0k
MRV Moreton Resources 0.005 25% $15,500,000 600.0k
RNY RNY Property Trust 0.005 25% $1,300,000 20.0k
ECX Eclipx Group 0.69 20% $217,400,000 13.4M
AJX Alexium International 0.15 20% $50,100,000 1.2M
TYX Tyranna Resources 0.006 20% $5,700,000 85.0k
VIC Victory Mines 0.003 20% $3,100,000 1.0M
MEB Medibio 0.02 20% $4,500,000 105.6k
EXR Elixir Petroleum 0.03 19% $11,900,000 20.0k
WEL Winchester Energy 0.03 17% $9,200,000 480.3k
RFG Retail Food Group 0.21 17% $38,400,000 1.1M
ECG eCargo 0.11 16% $58,400,000 10.1k
RES Resource Generation 0.11 16% $61,000,000 238.8k
LI3 Lithium Consolidated 0.08 14% $7,200,000 235.8k
LNY Laneway Resources 0.008 14% $29,400,000 2.0M
SRI Sipa Resources 0.008 14% $12,700,000 1.8M
WEC White Energy 0.1 14% $54,200,000 74.4k
PCK Painchek 0.03 13% $28,500,000 200.0k
FZO Family Zone Cyber Safety 0.22 13% $35,100,000 20.7k

 

LOSERS

Its probably unrelated to the Sipa announcement, But Moho Resources (ASX:MOH) didn’t fare so well this morning.

After dropping a fairly innocuous exploration update, the stock fell 20 per cent to about 13c a share.

Here are the worst performing ASX small cap stocks at 12pm on Wed, March 27:  

ASX Code Name Last Price Percentage Change Market Cap Volume
DXN Data Exchange Network 0.06 -38% $18,700,000 10.0k
MRD Mount Ridley Mines 0.001 -33% $2,300,000 82.1k
RGL Riversgold 0.03 -29% $2,700,000 1.8M
DHR Dark Horse Resources 0.003 -25% $5,900,000 63.8k
CYQ Cycliq 0.003 -25% $2,900,000 18
AD1 ApplyDirect 0.015 -25% $6,400,000 36.3k
MOH Moho Resources 0.12 -20% $5,100,000 182.0k
MNC Metminco 0.002 -20% $2,400,000 4.0M
LRS Latin Resources 0.002 -20% $6,500,000 5.1M
CM8 Crowd Media 0.013 -19% $3,300,000 197.4k
NTI Neurotech 0.015 -17% $2,000,000 710.7k
MCM MC Mining 0.8 -16% $112,700,000 500
PDI Predictive Discovery 0.011 -15% $2,600,000 1.5M
LHM Land & Homes Group 0.011 -15% $11,500,000 104.7k
IPT Impact Minerals 0.006 -14% $7,900,000 162.5k
GMC Gulf Manganese 0.006 -14% $22,000,000 695.0k
EVE EVE Investments 0.006 -14% $14,300,000 1.6M
VEC Vector Resources 0.01 -14% $20,300,000 1.3M
TSN Transaction Solutions 0.007 -13% $16,900,000 700.0k
SCI Silver City Minerals 0.007 -13% $2,100,000 986.4k
TYM Tymlez Group 0.21 -13% $27,400,000 58.8k
DXN Data Exchange Network 0.06 -38% $18,700,000 10.0k