Here are the key ASX small cap winners and losers at lunchtime Monday June 18. 

The ASX Small Ords index started the week flat, down five points or 0.19 per cent at 2874 by 12:30pm AEST.

GOING UP

Gold and nickel miner Sipa Resources (ASX:SRI) was the most heavily traded small cap stock on the ASX as the week kicked off — despite no news in the market.

More than 52 million shares changed hands in early trade, pushing the stock as much as 18 per cent to 1.4c.

The stock also saw a spike in trading activity last week when the company announced a substantial shareholder had moved up to hold 12 million shares.

AVZ Minerals (ASX:AVZ) also saw plenty of activity this morning, with shares up as much as 6.7 per cent. The stock hit a high of 9.7c in early trade after the company outlined plans to release the first lithium resource for its Congo project next month.

The company has completed 12,500m of its 20,000m drilling program at the Manono project, but says it doesn’t need to complete the entire program before it can release the maiden source.

Havilah Resources (ASX:HAV) bounced 28.5 per cent this morning, hitting an intra-day high of 27c on news of a maiden ore reserve of 1.41 million ounces of gold and 474,000 tonnes of copper at its Kalkaroo project in South Australia.

Havila reckons its the biggest undeveloped copper and gold deposit in Australia.

Proteomics (ASX:PIQ) gained as much 22 per cent in early in the day, with an intra-day high of 22c after announcing a second international distribution deal in a matter of weeks.

Proteomics — which makes a predictive test for diabetic kidney disease called PromarkerD — is taking the product to Mexico, where diabetes is the second biggest killer.

Just weeks ago the microcap biotech announced a partnership with US diagnostics business PrismHealth to bring the test to US patients.

Homebuilder Simonds Group (ASX:SIO) also kicked off the week with some momentum, gaining as much as 30 per cent this morning when shares hit an intra-day high of 38.5c.

The construction business told investors it anticipates full-year EBITDA earnings of $13.2 million to $14.9 million in August — up from $10.1 million last year.

The business says site builds will hit 2,500 this year — more than 100 since last year’s outputs.

Here’s a snapshot of the best-performing ASX small caps at 12.30pm AEST on Monday, June 18: 

ASX code Company Price change today (to 12.30pm ) Price Jun 18 (12.30pm) Market Cap Volume
CAD CAENEUS MINERALS 1 0.002 30M 6.5M
BDI BLINA MINERALS N 1 0.002 490k 4.3M
PRL PETREL ENERGY 0.5 0.003 2M 4.4M
TKF TIKFORCE 0.333333333333 0.004 236k 581.6k
OVL ORO VERDE 0.333333333333 0.004 350k 2.9M
GGE GRAND GULF ENERG 0.333333333333 0.004 3M 2.3M
PCL PANCONTINENTAL 0.25 0.005 15M 21.0M
ESE ESENSE-LAB 0.25 0.075 71k 4.8M
CLZ CLASSIC MINERALS 0.25 0.005 4M 6.9M
BKP BARAKA ENERGY AN 0.25 0.005 27M 10.6M
SIO SIMONDS GROUP 0.220338983051 0.36 465k 42.4M
HAV HAVILAH RESOURCE 0.214285714286 0.255 361k 45.8M
GLL GALILEE ENERGY 0.209302325581 0.26 356k 40.8M
IVO INVIGOR GROUP 0.2 0.006 24k 6.3M
ALT ANALYTICA 0.2 0.006 353k 16.7M
PIQ PROTEOMICS INTER 0.194444444444 0.215 50k 14.4M
SRI SIPA RESOURCES 0.181818181818 0.013 44M 13.2M
TOU TLOU ENERGY 0.173913043478 0.135 174k 38.7M
WOF WOLF PETROLEUM 0.166666666667 0.014 374k 8.6M
LIN LINDIAN RESOURCE 0.166666666667 0.014 35k 3.2M
AYR ALLOY RESOURCES 0.166666666667 0.007 7M 8.7M
TTL TRANSCENDENCE TE 0.157894736842 0.022 863k 3.3M
BD1 BARD1IFE SCIEN 0.153846153846 0.015 370k 10.8M
NOR NORWOOD SYSTEMS 0.142857142857 0.008 949k 9.3M
CY5 CYGNUS GOLD 0.142857142857 0.12 534k 6.4M
AUL AUSTAR GOLD 0.142857142857 0.008 737k 13.1M
AVZ AVZ MINERALS 0.0674157303371 0.095 17M 166.3M

GOING DOWN:

Oil explorer and producer 88 Energy (ASX:88E) lost as much as 23.5 per cent in the first hours of Monday, with an intraday low of 26c after investors were given an update on its North Alaskan Icewine site.

Here’s a snapshot of the worst performing ASX small caps at 1pm AEST on Monday, June 18: 

ASX code Company Price change today (to 12.30pm) Price Jun 18 (12.30pm) Volume Market Cap
SIX SPRINTEX -0.38 0.062 3k 10.0M
WGL WANGLE TECHNOLOG -0.333333333333 0.002 375k 3.3M
PCH PROPERTY CONNECT -0.333333333333 0.002 6M 3.6M
LKO LAKES OIL -0.333333333333 0.002 6M 86.3M
JKA JACKA RESOURCES -0.333333333333 0.002 57M 2.3M
IEC INTRA ENERGY COR -0.25 0.009 4k 4.7M
VAR VARISCAN MINES -0.25 0.003 7M 5.0M
PPY PAPYRUS AUSTRALI -0.222222222222 0.007 67k 2.0M
NWF NEWFIELD RESOURC -0.210526315789 0.15 592 110.4M
88E 88 ENERGY -0.205882352941 0.027 47M 189.0M
SER STRATEGIC ENERGY -0.2 0.004 609k 4.2M
CLY CLANCY EXPLORATI -0.2 0.004 260k 15.6M
SMI SANTANA MINERALS -0.181818181818 0.009 125k 4.0M
EPM ECLIPSE METALS -0.166666666667 0.005 89k 6.9M
ELT ELEMENTOS -0.166666666667 0.005 565k 7.8M
DEV DEVEX RESOURCES -0.166666666667 0.005 2M 6.5M
CAV CARNAVALE RESOUR -0.166666666667 0.01 4M 7.7M
BUY BOUNTY OIL & GAS -0.166666666667 0.005 28k 5.7M
VN8 VONEX -0.157894736842 0.16 112k 28.0M
AGS ALLIANCE RESOURC -0.154545454545 0.093 317k 11.5M
OXX OCTANEX -0.15 0.017 50k 5.5M
KPO KALINA POWER -0.15 0.017 557k 8.9M
ZMI ZINC OF IRELAND -0.142857142857 0.006 714k 12.3M
AAJ ARUMA RESOURCES -0.142857142857 0.012 3M 7.2M
KNM KNEOMEDIA -0.137254901961 0.044 157k 32.6M
AMG AUSMEX MINING GR -0.136363636364 0.038 20k 17.8M