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 CodeNameLast PricePercentage ChangeMarket CapVolume
CLZ Classic Minerals 0.00250%$4,500,0001.2M
SRO Shareroot 0.00233%$2,400,00028.2M
IHR intelliHR Holdings 0.1525%$15,800,00095.0k
GGE Grand Gulf Energy 0.00525%$3,800,000250.0k
MRV Moreton Resources 0.00525%$15,500,000600.0k
RNY RNY Property Trust0.00525%$1,300,00020.0k
ECX Eclipx Group 0.6920%$217,400,00013.4M
AJX Alexium International0.1520%$50,100,0001.2M
TYX Tyranna Resources 0.00620%$5,700,00085.0k
VIC Victory Mines 0.00320%$3,100,0001.0M
MEB Medibio 0.0220%$4,500,000105.6k
EXR Elixir Petroleum 0.0319%$11,900,00020.0k
WEL Winchester Energy 0.0317%$9,200,000480.3k
RFG Retail Food Group 0.2117%$38,400,0001.1M
ECG eCargo0.1116%$58,400,00010.1k
RES Resource Generation 0.1116%$61,000,000238.8k
LI3 Lithium Consolidated 0.0814%$7,200,000235.8k
LNY Laneway Resources 0.00814%$29,400,0002.0M
SRI Sipa Resources 0.00814%$12,700,0001.8M
WEC White Energy0.114%$54,200,00074.4k
PCK Painchek 0.0313%$28,500,000200.0k
FZO Family Zone Cyber Safety 0.2213%$35,100,00020.7k

 

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 CodeNameLast PricePercentage ChangeMarket CapVolume
DXN Data Exchange Network 0.06-38%$18,700,00010.0k
MRD Mount Ridley Mines 0.001-33%$2,300,00082.1k
RGL Riversgold 0.03-29%$2,700,0001.8M
DHR Dark Horse Resources 0.003-25%$5,900,00063.8k
CYQ Cycliq 0.003-25%$2,900,00018
AD1 ApplyDirect 0.015-25%$6,400,00036.3k
MOH Moho Resources0.12-20%$5,100,000182.0k
MNC Metminco 0.002-20%$2,400,0004.0M
LRS Latin Resources 0.002-20%$6,500,0005.1M
CM8 Crowd Media0.013-19%$3,300,000197.4k
NTI Neurotech0.015-17%$2,000,000710.7k
MCM MC Mining 0.8-16%$112,700,000500
PDI Predictive Discovery 0.011-15%$2,600,0001.5M
LHM Land & Homes Group 0.011-15%$11,500,000104.7k
IPT Impact Minerals 0.006-14%$7,900,000162.5k
GMC Gulf Manganese0.006-14%$22,000,000695.0k
EVE EVE Investments 0.006-14%$14,300,0001.6M
VEC Vector Resources 0.01-14%$20,300,0001.3M
TSN Transaction Solutions0.007-13%$16,900,000700.0k
SCI Silver City Minerals 0.007-13%$2,100,000986.4k
TYM Tymlez Group 0.21-13%$27,400,00058.8k
DXN Data Exchange Network 0.06-38%$18,700,00010.0k