Here are the key ASX small cap winners and losers at lunch Wednesday November 7:

The ASX Small Ords was up 16 points or 0.6 per cent to 2,640 at 12.50pm AEST.

GOING UP

Purifloh (ASX:PO3) is the small cap winner of the day with its shares rising an eye-bulging 320 per cent this morning.

The water purifier hit an intraday high of $2.10, up from its close yesterday of 50c. That’s the highest point for the company since it was known as Water Resources Group in 2013.

The shares zoomed up towards the $2.40 issue price of a $9.6 million placement to US investor Bill Parfet, who is joining the board.

Mr Parfet now controls 16 per cent of the company.

Purifloh shares (ASX:PO3) quadrupled this morning
Purifloh shares (ASX:PO3) quadrupled this morning

Shareholders in Paradigm Biopharma (ASX:PAR) were celebrating this morning as the stock breached the $1 barrier for the first time.

It was off the back of news osteoarthritis patients treated with Paradigm Biopharma’s repurposed drug are reporting significant reduction in knee pain ahead of a formal release of trial results expected before Christmas.

It pushed the shares up 15 per cent this morning to a record high of $1.10. The stock has more than tripled from around 30c in April.

Australian Mines (ASX:AUZ) is up 16 per cent to an intraday high of 5.7c this morning after it announced the quality of its  scandium oxide had been verified by a partner.

Australian Mines (ASX:AUZ) said British alloy company Metalysis analysed scandium oxide from its Sconi project in Queensland.

“The oxide has met all chemical and physical requirements to be ideal for use in an aluminium-scandium feedstock to support master alloy development,” AusMines reported.

Mobile gamer iCandy Interactive (ASX:ICI) responded to an ASX speeding ticket after its shares rose 61 per cent to an intraday high of 8.4c.

iCandy, which has been quiet of late, said they had no news to share.

Here are the best performing ASX small cap stocks at 12.15pm Wednesday November 7: 

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ASX code Company Price change today (12.15pm) Price (12.15pm) Volume Market Cap
PO3 PURIFLOH 2.78 1.89 52k 13.6M
ICI ICANDY INTERACTI 0.61 0.082 3M 15.6M
OEX OILEX 0.6 0.008 14M 11.3M
WGL WANGLE TECHNOLOG 0.5 0.003 4M 5.2M
THD THRED 0.5 0.003 2M 4.5M
PCL PANCONTINENTAL 0.5 0.003 3M 13.5M
DDT DATADOT TECHNOLO 0.5 0.003 376k 2.0M
CUL CULLEN RES 0.33 0.02 37k 1.8M
IVO INVIGOR GROUP 0.33 0.008 3M 9.0M
KP2 KORE POTASH-CDI 0.26 0.12 75k 81.6M
TRY TROY RES 0.26 0.125 5M 45.7M
TYK TYCHEAN RESOURCE 0.25 0.005 1M 2.3M
OVL ORO VERDE 0.25 0.005 250k 6.2M
MRQ MRG METALS 0.25 0.005 12M 2.7M
BKP BARAKA ENERGY AN 0.25 0.005 160k 12.7M
AUL AUSTAR GOLD 0.25 0.005 1M 13.6M
KAS KASBAH RESOURCES 0.22 0.011 5M 9.4M
88E 88 ENERGY 0.21 0.023 21M 109.7M
4CE FORCE COMMODITIE 0.21 0.029 2M 10.2M
ELT ELEMENTOS 0.2 0.006 2M 7.4M
DKM DUKETON MINING L 0.2 0.18 10k 17.7M
CUX CROSSLAND STRATE 0.2 0.006 39k 5.1M
AR9 ARCHTIS 0.2 0.18 73k 18.5M
IHL IMPRESSION HEALT 0.2 0.03 2M 8.6M
QFY QUANTIFY TECHNOL 0.18 0.013 350k 6.4M
PM8 PENSANA METALS L 0.17 0.021 3M 20.9M
TV2 TV2U INTERNATION 0.17 0.007 407k 12.2M
CHK COHIBA MINERALS 0.17 0.007 100k 3.3M
LVH LIVEHIRE 0.16 0.355 6k 81.3M
SES SECOS GROUP 0.16 0.072 622k 14.8M

 

GOING DOWN

Shares in New Energy Minerals (ASX:NXE) slid nearly 21 per cent to 5.8c just after market open this morning.

The company has been handed a demand from a private financier to repay a $5.1 million debt — but the vanadium and graphite explorer is disputing how much it owes.

The demand was served by Arena Structured Private Investments, which holds convertible notes worth $2.5 million — excluding interest of about $104,000.

Here are the worst performing ASX small cap stocks at 12.15pm Wednesday November 7: 

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ASX code Company Price change today (12.15pm) Price (12.15pm) Volume Market Cap
IKW IKWEZI MINING -0.33 0.002 73k 3.0M
MLS METALS AUSTRALIA -0.25 0.003 710k 8.2M
GLA GLADIATOR RESOUR -0.25 0.003 1M 3.5M
BAS BASS OIL -0.25 0.003 1M 10.4M
NXE NEW ENERGY MINER -0.18 0.06 927k 8.5M
MZN MARINDI METALS L -0.17 0.005 1M 11.9M
AOA AUSMON RESOURCES -0.15 0.005 3M 3.3M
IAM INTIGER GROUP -0.15 0.011 300k 21.8M
WLC WOLLONGONG COAL -0.14 0.006 117k 65.6M
CHPDD CHAPMANS -0.14 0.006 284k 1.9M
ADV ARDIDEN -0.14 0.006 25k 11.7M
NVO NVOI -0.13 0.013 3M 6.2M
FEL FE -0.13 0.013 20k 5.6M
KAM K2 ASSET MGMT -0.13 0.1 15k 27.7M
CAF CENTREPOINT ALLI -0.13 0.1 45k 18.0M
AIV ACTIVEX -0.13 0.17 10k 34.6M
TKL TRAKA RESOURCES -0.13 0.028 41k 10.6M
RMX RED MOUNTAIN MIN -0.13 0.007 582k 5.4M
EM1 EMERGE GAMING -0.13 0.007 125k 4.7M
DTM DART MINING NL -0.13 0.007 42k 6.9M
CM1 COOLGARDIE MINER -0.13 0.105 375k 12.4M
LKE LAKE RESOURCES -0.12 0.11 1M 45.0M
AVC AUCTUS ALTERNATI -0.12 0.03 275k 8.9M
A1C AIC RESOURCES -0.11 0.16 10k 13.5M
SBR SABRE RES -0.11 0.008 76k 3.7M
LMG LATROBE MAGNESIU -0.11 0.008 440k 11.3M
WND WINDLAB -0.11 1.05 21k 79.8M
ORN ORION MINERALS L -0.11 0.025 50k 52.5M
SMX SECURITY MATTERS -0.11 0.465 47k 50.7M
QEM QEM -0.1 0.175 85k 19.5M