Allan Alaalatoa of Australia trains. Pic: Dan Mullan

Here are the key ASX small cap winners and losers at lunch Tuesday November 20:

The ASX Small Ords was down 34.8 points or 1.3 per cent to 2,569.3 at 12.10pm AEDT.

GOING UP

Pilbara gold play Kairos Minerals (ASX:KAI) has found two new gold nugget patches that have yielded another 135 nuggets at its Croydon project.

They weighed in at 11.1 ounces and investors loved the news, sending shares up nearly 30 per cent to an intra-day high of 3.1c on Tuesday morning.

Purifloh (ASX:PO3) shares have risen 73 per cent this morning, to an intraday and year-long high of $3.20 after equity researchers Beer & Co raised its valuation of the company to a whopping $20 a share.

That is based off US billionaire Bill Parfet paying a 5x premium for a significant stake in the company.

Hipo Resources (ASX:HIP) got a 17 per cent boost in share price this morning, to 1.4c, after reporting “rapid progress” being made by Next-Battery, a lithium-ion battery tech company in which Hipo has a 35pc interest.

Laboratory studies on the cathode by Next-Battery’s scientists show the technology can more than double the specific energy of the best commercial lithium-ion batteries today, such as the new Tesla/Panasonic 2170 cell used in the Tesla Model 3 battery pack, Hipo said.

First Graphene (ASX:FGR) shares rose 14 per cent to an intraday high of 16.5c today after it told investors it had moved into the cement industry.

“In the latest development, the company is pleased to confirm further progress in its R&D collaboration with newGen Group,” it said in a statement.

“newGen will supply a wear lining system for dryer chute applications to a large Australian cement producer in their Perth facility. They are a leading supplier of cement and lime to the Western Australia’s mining, agriculture and construction industries.”

Here are the best performing ASX small cap stocks at 12.15pm Tuesday November 20:  

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ASX codeCompanyToday's price change (12.15pm AEDT)Price Nov 19 (12.15pm )VolumeMarket Cap
NIUNIUMINCO GROUP L10.00225M2.8M
PO3PURIFLOH0.592.9565k58.1M
POHPHOSPHAGENICS0.50.0033M3.2M
GLAGLADIATOR RESOUR0.50.003100k2.5M
DDTDATADOT TECHNOLO0.50.003350k2.0M
TYKTYCHEAN RESOURCE0.330.0043k1.7M
FTTFACTOR THERAPEUT0.330.004103M2.5M
CYQCYCLIQ GROUP0.290.009924k5.5M
MSRMANAS RESOURCES0.250.0051M11.9M
SMDSYNDICATED METAL0.20.006100k3.2M
PNNPEPINNINI LITHIU0.20.0063M3.4M
FPLFREMONT PETROLEU0.20.006150k6.2M
VN8VONEX0.180.1354k16.2M
HIPHIPO RESOURCES L0.170.0141M4.6M
CXZCONNEXION MEDIA0.170.007160k5.1M
GULGULLEWA0.160.02950k3.8M
SMXSECURITY MATTERS0.150.38208k32.2M
EVEEVE INVESTMENTS0.140.0083M15.9M
EM1EMERGE GAMING0.140.0083M4.1M
ADNANDROMEDA METALS0.140.0086M7.6M
HCHHOT CHILI0.130.017368k11.3M
AHKARK MINES0.130.02624k1.1M
ACFACROW FORMWORK A0.130.445296k69.5M
SDVSCIDEV0.130.009786k5.1M
RCPREDBANK COPPER L0.130.01845k1.9M
CLLCOLLERINA COBALT0.120.14572k73.7M
SVYSTAVELY MINERALS0.110.3114k43.7M
AQDAUSQUEST0.110.0212M10.0M
FGRFIRST GRAPHENE L0.10.16257k58.6M
SE1SENSERA0.10.115k24.4M

 

GOING DOWN

Shares in eCargo (ASX:ECG) dropped 20 per cent to an intraday low of 12c after it announced it has been “exempted by the ASX from quarterly cash flow reporting Appendix 4C under Listing Rule 4.7B with effective from the quarter ending December 31, 2018”.

“This is resulted from the improvement in ECG’s cash flow for the past six quarters and is testimony to the Company’s positive response to the business transformation since the second half of the year ended December 31, 2017,” the company said.

“This follows the recent announcements made regarding the acquisition of the Metcash Asia (China focused) and Jessica’s Suitcase businesses by ECG.”

Here are the worst performing ASX small cap stocks at 12.15pm Tuesday November 20:

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ASX codeCompanyToday's price change (12.15pm AEDT)Price Nov 19 (12.15pm )VolumeMarket Cap
MLSMETALS AUSTRALIA-0.250.0031M9.4M
GASSTATE GAS-0.220.23515k40.4M
MZNMARINDI METALS L-0.20.0042M9.9M
ECGECARGO HOLDINGS-0.20.12185k92.3M
OGXORINOCO GOLD-0.20.0126M16.2M
LEXLEFROY EXPLORATI-0.160.166k15.4M
KINKIN MINING NL-0.160.08177k32.8M
SEISPECIALITY METAL-0.150.011825k7.2M
SUDSUDA PHARMACEUTI-0.140.0065M18.1M
OEXOILEX-0.140.0062M16.5M
IVOINVIGOR GROUP-0.140.0062M10.6M
HNRHANNANS-0.140.012946k27.7M
GMLGATEWAY MINING-0.140.012100k12.9M
ADVARDIDEN-0.140.0069M11.7M
FDXFRONTIER DIAMOND-0.140.043112k11.7M
WWGWISEWAY GROUP-0.140.372k52.1M
NSBNEUROSCIENTIFIC-0.140.1692k13.6M
DTMDART MINING NL-0.130.0072M6.9M
SL1SYMBOL MINING-0.120.023595k15.2M
AIYAUTHORISED INVES-0.120.02338k9.7M
MDRMEDADVISOR-0.110.031300k46.7M
NBLNONI B-0.112.3741k259.3M
SHMSHRIRO HOLDINGS-0.110.640k64.2M
EHHEAGLE HEALTH HOL-0.110.1661k57.3M
RFNREFFIND-0.110.0081M4.6M
BMGBMG RESOURCES-0.110.008865k3.7M
RXLROX RESOURCES-0.10.0091M12.6M
RDNRAIDEN RESOURCES-0.10.00955k4.1M
PM8PENSANA METALS L-0.10.0182M24.0M
DTSDRAGONTAIL SYSTE-0.10.235206k33.0M