Lunchtime ASX small cap wrap: who’s landing punches so far today
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Here are the key ASX small cap winners and losers at lunchtime Tuesday July 3.
The ASX Small Ords was up 6.4 points or 0.2 per cent to 2854 at 12.30pm AEST.
Vanadium explorer Hardey Resources (ASX:HDY) was the most actively traded stock in the first hours of Tuesday, with 61 million shares worth $290,400 changing hands before 11.30am AEST.
The junior miner announced plans to acquire the Nelly Vanadium Mine in Argentina through a share sale agreement.
The share price hit an intraday high of 0.5c, up 25 per cent on yesterday’s close, before settling back to 0.4c by 12.30pm.
GOING UP
Medtech Orion Health (ASX:OHE) jumped out of the gates this morning after telling investors UK private equity firm Hg will acquire its Rhapsody business and take a 25 per cent stake in its Population business.
Shares went to an intraday high of $1.10 by 11.45am, up 59 per cent on Monday’s closing price.
The deal, worth a combined $225 million to Orion, will involve Hg buying Rhapsody — a data management tool for healthcare providers — and taking a $20 million stake in its Population health management business.
Following the deal, Orion plans to undertake a share buyback at a price range of $1.24-$1.29 a share.
Zinc explorer Superior Lake Resources (ASX:SUP) climbed more than 60 per cent to an intraday high of 5.4c after reporting its Canadian Superior Lake Zinc Project has exceeded expectations for the quality of zinc.
The quality of the maiden resource is sitting at 17 per cent — around 10 per cent higher than many ASX-listed peers, the company says.
Any zinc result above 10 per cent is considered high quality.
Sharing economy startup Collaborate Corp (ASX:CL8) saw a bounce of 23 per cent, to an intraday high of 2.1c with no news out to the market this morning.
The company issued an investor update last week, highlighting gross revenue between July and May was up 30 per cent on last year, to $1.1 million.
Meanwhile, drone-seller-turned-blockchain stock IOT Group (ASX:IOT) gained 50 per cent to an intraday high of 0.3c on no news.
Here are the best performing ASX small cap stocks at 12.30pm on Tuesday, July 3:
Swipe or scroll to reveal the full table. Click headings to sort:
ASX code | Company | Today's price change (at 12.30pm) | Price (12.30pm) | Volume | Market Cap |
---|---|---|---|---|---|
SUP | SUPERIOR LAKE | 0.65625 | 0.053 | 10M | 23.1M |
IOT | IOT GROUP | 0.5 | 0.003 | 2M | 2.6M |
ATT | ANTE REAL ESTATE | 0.428571428571 | 0.01 | 300k | 1.5M |
SPB | SOUTH PACIFIC | 0.333333333333 | 0.004 | 10k | 496.5k |
KGM | KALNORTH GOLD | 0.333333333333 | 0.008 | 100k | 5.4M |
ARO | ASTRO RESOURCES | 0.333333333333 | 0.004 | 300k | 2.7M |
DCC | DIGITALX | 0.279069767442 | 0.11 | 8M | 41.9M |
SUR | SUN RESOURCES | 0.25 | 0.005 | 507k | 3.0M |
HDY | HARDEY RESOURCES | 0.25 | 0.005 | 62M | 6.1M |
CGM | COUGAR METALS | 0.25 | 0.005 | 250k | 3.7M |
RFN | REFFIND | 0.2 | 0.012 | 1M | 5.2M |
NVO | NVOI | 0.2 | 0.006 | 100k | 2.1M |
MSR | MANAS RESOURCES | 0.2 | 0.006 | 37M | 13.2M |
EME | ENERGY METALS | 0.2 | 0.18 | 20k | 31.5M |
SKF | SKYFII | 0.2 | 0.15 | 150k | 34.1M |
CL8 | COLLABORATE CORP | 0.176470588235 | 0.02 | 1M | 10.5M |
LRS | LATIN RESOURCES | 0.166666666667 | 0.007 | 3M | 15.9M |
CXU | CAULDRON ENERGY | 0.161290322581 | 0.036 | 90k | 10.2M |
PAK | PACIFIC AMERICAN | 0.155172413793 | 0.067 | 625k | 9.6M |
ATR | ASTRON CORP | 0.15 | 0.23 | 84k | 24.5M |
RD1 | REGISTRY DIRECT | 0.15 | 0.023 | 29k | 1.7M |
OXX | OCTANEX | 0.15 | 0.023 | 2k | 5.5M |
ZIP | ZIPTEL | 0.142857142857 | 0.016 | 325k | 2.1M |
RXH | REWARDLE | 0.142857142857 | 0.008 | 104k | 2.3M |
NOR | NORWOOD SYSTEMS | 0.142857142857 | 0.008 | 658k | 9.3M |
EVE | EVE INVESTMENTS | 0.125 | 0.009 | 1M | 17.9M |
GOING DOWN:
Strata X-Energy (ASX:SXA) dropped 14 per cent to an intraday low of 0.3c after the miner outlined a $1.35 million equity raise through a private placement for an initial appraisal of a CSG project in Botswana.
Here are the worst performing ASX small cap stocks at 12.30pm on Tuesday, July 3:
Swipe or scroll to reveal the full table. Click headings to sort:
ASX code | Company | Today's price change (at 12.30pm) | Price (12.30pm) | Volume | Market Cap |
---|---|---|---|---|---|
BPH | BPH ENERGY | -0.5 | 0.001 | 380k | 1.4M |
VMG | VDM GROUP | -0.333333333333 | 0.002 | 150k | 17.6M |
MNB | MINBOS RESOURCES | -0.25 | 0.003 | 4M | 22.6M |
DSX | DECIMAL SOFTWARE | -0.210526315789 | 0.015 | 833k | 6.0M |
XST | XSTATE RESOURCES | -0.2 | 0.004 | 21k | 3.9M |
GLA | GLADIATOR RESOUR | -0.166666666667 | 0.005 | 340k | 5.2M |
ATP | ATLAS PEARLS | -0.166666666667 | 0.02 | 2M | 10.3M |
HIL | HILLS | -0.148148148148 | 0.23 | 40k | 62.6M |
TMX | TERRAIN MINERALS | -0.142857142857 | 0.006 | 100k | 4.5M |
SPQ | SUPERIOR RESOURC | -0.142857142857 | 0.012 | 208k | 9.6M |
KLH | KALIA | -0.125 | 0.007 | 774k | 20.1M |
DTM | DART MINING NL | -0.125 | 0.007 | 250k | 5.9M |
FYI | FYI RESOURCES | -0.115384615385 | 0.115 | 327k | 24.2M |
KFE | KOGI IRON | -0.114285714286 | 0.155 | 457k | 114.0M |
STX | STRIKE ENERGY | -0.111111111111 | 0.12 | 888k | 147.8M |
VIC | VICTORY MINES | -0.111111111111 | 0.008 | 28k | 11.0M |
MNC | METMINCO | -0.111111111111 | 0.008 | 6M | 8.2M |
AWY | AUSTRALIAN WHISK | -0.106382978723 | 0.042 | 144k | 62.9M |
CZN | CORAZON MINING | -0.1 | 0.009 | 4M | 12.7M |
CLI | CROPLOGIC | -0.0967741935484 | 0.028 | 563k | 3.8M |
SYA | SAYONA MINING | -0.0909090909091 | 0.03 | 3M | 56.9M |
SWF | SELFWEALTH | -0.0909090909091 | 0.15 | 6k | 21.4M |
RNX | RENEGADE EXPLORA | -0.0909090909091 | 0.01 | 4M | 7.8M |
GMC | GULF MANGANESE C | -0.0909090909091 | 0.01 | 997k | 29.3M |