Who’s winning and losing this Tuesday? It’s been an eventful morning.

But first, Chinese scientists have created a breakthrough liquid metal “that can be stretched and pulled in all directions without breaking apart”.

Remind you of anything?

via GIPHY

So, happy Tuesday to everyone, because it’s not Judgement Day for the ASX Small Ords just yet.

US markets stabilised yesterday following Friday’s big selloff, led by fears of a global slowdown as well as weak manufacturing and services data.

Similarly, the ASX Small Ords had fallen just 0.07 per cent to 2707 points by about 12pm EST, after its own big plunge yesterday.

The ASX Small Ords over the past 3 months.
The ASX Small Ords over the past 3 months.

Here’s the state of play at lunch Tuesday March 26:

WINNERS

Coal explorer Resource Generation (ASX:RES) caught a rocket this morning for no apparent reason at all – up 53 per cent to 13c per share.

Seriously though, look at this:

The Resource Generation share price over the past year.

Resource Generation is developing the Boikarabelo coal mine in South Africa but is running very low on cash.

Last week it reached a confidential agreement with Noble Group for working capital requirements to keep the light on through to the end of June.

Skin Elements (ASX:SKN) shares jumped nearly 40 per cent to 6c in early trade after announcing a big Chinese distribution deal.

The moisturiser company, which owns the brands McArthur Skincare and Soleo Organics, announced a deal with Chinese distributor Henan Huatuo Health Management (HHHM).

HHHM will order $20m over the next three years starting June 30.

Other notable winners were Arc Exploration (ASX:ARX), which acquired an advanced copper project yesterday, and Ava Risk (ASX:AVA), which is now expecting  FY19 revenue growth of over 100 per cent on FY18.

Here are the best performing ASX small cap stocks at 12pm on Tuesday, March 26:  

ASX Code Name Last Price Percentage Change Market Cap Volume
RES Resource Generation 0.13 53% $64,000,000 1.3M
ARX Arc Exploration 0.19 48% $4,700,000 987
FPL Fremont Petroleum 0.016 33% $19,100,000 24.5M
DHR Dark Horse Resources 0.004 33% $7,900,000 1.1M
AVA Ava Risk 0.17 31% $35,800,000 156.7k
AFR African Energy Resources 0.017 31% $10,700,000 672.9k
RMP Red Emperor Resources 0.014 27% $7,400,000 12.9M
OEX Oilex 0.005 25% $12,900,000 8.0k
SKN Skin Elements 0.05 23% $8,100,000 2.2M
AJX Alexium International 0.13 23% $46,600,000 1.2M
RAG Ragnar Metals 0.011 22% $3,400,000 44.4k
EVE EVE Investments 0.006 20% $16,200,000 27.7M
PMY Pacifico Minerals 0.006 20% $9,900,000 38.3M
MSI Multistack International 0.006 20% $674,000 9.2k
IPB IPB Petroleum 0.04 19% $8,600,000 1.0M
BOC Bougainville Copper 0.17 18% $66,200,000 23.3k
BAS Bass Oil 0.004 17% $7,800,000 16.0M
E2E Eon NRG 0.007 17% $5,400,000 142.9k
CWX Carawine Resources 0.15 15% $7,300,000 75.0k
SRI Sipa Resources 0.008 14% $12,700,000 1.4M

 

LOSERS

Air traffic management company Adacel (ASX:ADA) had a rough landing today when both the chief executive and non exec chairman bailed out.

The stock was down 19 per cent on the news.

Adacel took a huge hit in November last year when the company told investors that profits in FY19  would be 25 to 35 per cent lower than the previous year – and it never really recovered.

Here are the worst performing ASX small cap stocks at 12pm on Tuesday, March 26:  

ASX Code Name Last Price Percentage Change Market Cap Volume
VAR Variscan Mines 0.001 -50% $1,300,000 3.1M
BAH Bojun Agriculture 0.1 -33% $12,200,000 22.7k
MRD Mount Ridley Mines 0.001 -33% $2,300,000 648.9k
ANL Amani Gold 0.002 -33% $7,400,000 11.6M
SRO Shareroot 0.002 -25% $3,100,000 7.6M
PNN PepinNini Lithium 0.003 -25% $2,500,000 350.0k
MDX Mindax 0.004 -20% $4,300,000 40
CCG CommsChoice 0.08 -19% $9,700,000 13.3k
ADA Adacel Technologies 0.68 -19% $52,100,000 538.4k
ELT Elementos 0.005 -17% $7,700,000 250.0k
BOA Boadicea Resources 0.17 -15% $9,000,000 13.6k
AUT Auteco Minerals 0.006 -14% $5,400,000 140.0k
PRO Prophecy International 0.25 -14% $15,700,000 117.3k
VML Vital Metals 0.007 -13% $13,900,000 800.0k
LSR Lodestar Minerals 0.007 -13% $6,000,000 790.0k
TSN Transaction Solutions 0.007 -13% $16,900,000 256.6k
AGE Alligator Energy 0.004 -13% $3,500,000 100.0k
PEC Perpetual Resources 0.04 -13% $8,700,000 100.0k