Lunchtime ASX small cap wrap: who’s making a splash so far today
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Here are the key ASX small cap winners and losers at lunchtime Monday Aug 6:
The ASX Small Ords was up 6 points or 0.2 per cent to 2845.6 by 1pm AEST.
GOING UP
Lithium producer Argosy Minerals (ASX:AGY) jumped 50 per cent this morning after it produced battery-grade lithium carbonate.
The shares hit an intraday high of 27c compared to Friday’s close of 18c. That’s still well down on its one-year high of 48c achieved in January, however.
Argosy says it can get 99.6 per cent pure lithium carbonate from its 500-tonne-a-year Stage 1 plant at the Rincon Lithium Project in Argentina.
The product, a white powder, will be sent as samples to cathode and battery-maker customers with whom Argosy has initial sales deals.
Nano-tech Anteo Diagnostics (ASX:ADO) rose sharply today after signing a deal with an unnamed “major Asian global battery materials and component manufacturer”.
The stock gained 50 per cent to 2.1c in early trade.
Anteo makes “nanometre-thin coatings” that help different materials work together — and is focused on using silicon to improve the performance of the “anode” component in lithium-ion batteries.
Some experts think silicon-based anodes could qudruple the capacity of current graphite-based anodes — but that isn’t expected to happen for at least ten years.
The two parties will work together to “further assess the potential” of Anteo’s technology.
“Our objectives are to give a significant energy capacity improvement to Lithium-ion battery anodes in the future coupled with ease of manufacture,” said Anto boss Christopher Parker.
Another silicon-focused battery play 1414 Degrees is pursuing an ASX listing.
WA-focused gold explorer Classic Minerals (ASX:CLZ) gained 20 per cent to 0.6c today after starting drilling at its Forrestania gold project in Western Australia.
“Following the outstanding results of our last drilling program, including multiple high-grade gold hits at Kat Gap and Lady
Magdalene, we are very excited to be heading back to [Forrestania] to undertake an aggressive follow-up drill program,” said chief Dean Goodwin.
“There is no doubt in my mind that this is a major gold camp containing significant undiscovered resources and we are on the right path to discover and delineate these ore bodies.”
Here are the best performing ASX small cap stocks at 12.30pm Monday, Aug 6:
Swipe or scroll to reveal the full table. Click headings to sort
ASX code | Company | Today's price change (12.30pm) | Price (12.30pm) | Volume | Market Cap |
---|---|---|---|---|---|
VMG | VDM GROUP | 0.5 | 0.003 | 10k | 11.8M |
SYS | SYNGAS | 0.5 | 0.003 | 2M | 1.2M |
LKO | LAKES OIL | 0.5 | 0.003 | 1M | 71.9M |
IOT | IOT GROUP | 0.5 | 0.003 | 2M | 2.6M |
AKN | AUKING MINING | 0.5 | 0.003 | 30k | 2.3M |
AGY | ARGOSY MINERALS | 0.416666666667 | 0.255 | 12M | 165.3M |
CLZ | CLASSIC MINERALS | 0.4 | 0.007 | 7M | 10.0M |
ADO | ANTEO DIAGNOSTIC | 0.357142857143 | 0.019 | 10M | 16.1M |
LCY | LEGACY IRON ORE | 0.333333333333 | 0.004 | 70k | 4.4M |
XST | XSTATE RESOURCES | 0.25 | 0.005 | 700k | 3.1M |
TPD | TALON PETROLEUM | 0.25 | 0.005 | 8M | 4.1M |
MLS | METALS AUSTRALIA | 0.25 | 0.005 | 200k | 9.4M |
ICG | INCA MINERALS | 0.25 | 0.005 | 1M | 11.8M |
STX | STRIKE ENERGY | 0.25 | 0.125 | 1M | 109.5M |
TDO | 3D OIL | 0.238095238095 | 0.13 | 259k | 25.1M |
SPB | SOUTH PACIFIC | 0.2 | 0.006 | 527k | 827.6k |
SER | STRATEGIC ENERGY | 0.2 | 0.006 | 9M | 4.2M |
MSR | MANAS RESOURCES | 0.2 | 0.006 | 2M | 14.5M |
BKP | BARAKA ENERGY | 0.2 | 0.006 | 9M | 13.5M |
GPR | GEOPACIFIC RES | 0.181818181818 | 0.026 | 2M | 45.8M |
PVL | POWERHOUSE | 0.176470588235 | 0.2 | 15k | 4.9M |
DCC | DIGITALX | 0.173913043478 | 0.135 | 572k | 56.1M |
CAP | CARPENTARIA | 0.173333333333 | 0.088 | 68k | 14.9M |
VIC | VICTORY MINES | 0.166666666667 | 0.007 | 6M | 7.4M |
PKD | PARKD | 0.166666666667 | 0.21 | 11k | 13.5M |
MNC | METMINCO | 0.166666666667 | 0.007 | 3M | 5.5M |
DEV | DEVEX RESOURCES | 0.166666666667 | 0.007 | 381k | 6.6M |
CZL | CONSOLIDATED ZINC | 0.166666666667 | 0.007 | 50k | 5.4M |
TRL | TANGA RESOURCES | 0.142857142857 | 0.008 | 2M | 5.1M |
GOING DOWN
Shares in ‘Neo-lender’ Wisr (ASX:WZR) fell more than 10 per cent to 5c after the company was hit with a second speeding ticket from the ASX in the space of a week.
The queries concerned an increase in trading around an announcement about the expansion of Wisr’s personal loan channels after it was appointed to the panel of a mortgage broker aggregator.
Wisr told the ASS today: “The company does not consider the information to be of sufficient materiality that a reasonable person would expect the announcement to have a material effect on the price of Wisr shares.”
Here are the worst performing ASX small cap stocks at 12.30pm Monday, Aug 6:
Swipe or scroll to reveal the full table. Click headings to sort
ASX code | Company | Today's price change (12.30pm) | Price (12.30pm) | Volume | Market Cap |
---|---|---|---|---|---|
CHP | CHAPMANS | -0.5 | 0.001 | 5M | 3.5M |
BDI | BLINA MINERALS | -0.5 | 0.001 | 4M | 6.5M |
HMX | HAMMER METALS | -0.291666666667 | 0.017 | 957k | 6.5M |
WGL | WANGLE TECH | -0.25 | 0.003 | 22M | 7.3M |
SMA | SMARTTRANS | -0.25 | 0.003 | 9M | 26.3M |
GLA | GLADIATOR RES | -0.25 | 0.003 | 2M | 3.0M |
CLY | CLANCY EXPL | -0.25 | 0.003 | 150k | 12.5M |
THD | THRED | -0.2 | 0.004 | 4M | 8.9M |
JKA | JACKA RESOURCES | -0.2 | 0.004 | 5k | 3.8M |
EPM | ECLIPSE METALS | -0.2 | 0.004 | 1M | 5.7M |
CAV | CARNAVALE RES | -0.166666666667 | 0.01 | 984k | 7.7M |
ALT | ANALYTICA | -0.142857142857 | 0.006 | 500k | 23.4M |
A1C | AIC RESOURCES | -0.135135135135 | 0.16 | 276k | 13.9M |
DAU | DAMPIER GOLD | -0.133333333333 | 0.026 | 43k | 3.6M |
AXT | ARGO EXPLORATION | -0.133333333333 | 0.013 | 100k | 2.7M |
EEG | EMPIRE ENERGY | -0.130434782609 | 0.02 | 3M | 29.1M |
PEC | PERPETUAL RES | -0.125 | 0.014 | 300k | 3.8M |
ENB | ENEABBA GAS | -0.125 | 0.007 | 500k | 4.2M |
CXU | CAULDRON ENERGY | -0.125 | 0.028 | 95k | 10.5M |
CTO | CITIGOLD CORP | -0.125 | 0.007 | 255k | 15.3M |
QFY | QUANTIFY TECH | -0.12 | 0.022 | 25k | 13.7M |
GTE | GREAT WESTERN | -0.111111111111 | 0.008 | 4M | 8.3M |
AAJ | ARUMA RESOURCES | -0.111111111111 | 0.008 | 153k | 4.6M |
AME | ALTO METALS | -0.109090909091 | 0.049 | 2k | 10.2M |
BKT | BLACK ROCK | -0.106382978723 | 0.042 | 90k | 20.9M |
WZR | WISR | -0.103448275862 | 0.052 | 1M | 26.4M |
AQD | AUSQUEST | -0.103448275862 | 0.026 | 200k | 15.2M |
AXE | ARCHER EXPL | -0.102040816327 | 0.088 | 11k | 18.4M |
TIE | TIETTO MINERALS | -0.101123595506 | 0.08 | 129k | 19.4M |
VAL | VALOR RESOURCES | -0.1 | 0.009 | 3M | 14.8M |