Here are the key ASX small cap winners and losers at lunch Friday November 9:

The ASX Small Ords was down 15.2 points or 0.6 per cent to 2,668.2 at 12.45pm AEST.

GOING UP

Australia’s newest lithium producer, Altura Mining (ASX:AJM), has secured a long-term supply deal with Chinese major Ganfeng Lithium.

The news sent shares up almost 40 per cent this morning to an intraday high of 25c just after market open.

Shares in Metallica Minerals (ASX:MLM) rose 29 per cent to an intraday high of 4c after it struck a deal to build a haul road connecting its Urquhart bauxite project to nearby barge-loading facilities.

“This, combined with the recently announced proposed merger with Toronto-listed Melior Resources, which is on track to bring its Goondicum ilmenite project into production this month, means the company will be in a position to generate cashflow from two financially robust projects in 2019 which will assist to build significant shareholder value,” MD Simon Slesarewick said.

Proteomics International Labs (ASX:PIQ) had good news today, saying the first commercial batches of its test for predicting the onset of diabetic kidney disease will be shipped later this month.

The company’s shares rose 23 per cent on the news to 34.5c, with nearly half a million dollars worth of shares trading hands.

Investors have responded well to news from PepinNini Lithium (ASX:PNN) that it has terminated its purchase option of an Argentinian mine, which will see it avoid further costs of up to US$775,000.

Shares in the company were boosted by 20 per cent, up to 0.6c.

Here are the best performing ASX small cap stocks at 12.30pm Friday November 9: 

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ASX code Company Price change today (12.15pm) Price (12.15pm) Volume Market Cap
WBE WHITEBARK ENERGY 0.5 0.003 587k 3.9M
PCL PANCONTINENTAL 0.5 0.003 14M 13.5M
ZYB ZYBER HOLDINGS L 0.33 0.012 5M 5.9M
TPD TALON PETROLEUM 0.33 0.004 275k 3.8M
MLS METALS AUSTRALIA 0.33 0.004 611k 7.0M
MLM METALLICA MINRAL 0.29 0.04 672k 10.0M
AJM ALTURA MINING 0.28 0.23 16M 327.7M
OVL ORO VERDE 0.25 0.005 274k 7.0M
LRS LATIN RESOURCES 0.25 0.005 2M 11.4M
ENB ENEABBA GAS 0.25 0.005 450k 2.1M
PIQ PROTEOMICS INTER 0.23 0.345 886k 22.4M
MZN MARINDI METALS L 0.2 0.006 1M 9.9M
DHR DARK HORSE RESOU 0.2 0.006 667k 9.9M
ANL AMANI GOLD 0.2 0.006 2M 8.1M
TBH BETMAKERS HOLDIN 0.19 0.07 170k 13.2M
ATC ALTECH CHEMICAL 0.18 0.103 769k 49.8M
CFE CAPE LAMBERT RES 0.18 0.026 951k 22.3M
MGU MAGNUM MINING 0.18 0.053 446k 12.6M
SUD SUDA PHARMACEUTI 0.17 0.007 2M 15.5M
RMX RED MOUNTAIN MIN 0.17 0.007 273k 4.1M
PMY PACIFICO MINERAL 0.17 0.007 2M 8.2M
OEX OILEX 0.17 0.007 38M 13.6M
CTM CENTAURUS METALS 0.17 0.007 1M 13.8M
CHP CHAPMANS 0.17 0.007 837k 1.6M
AQD AUSQUEST 0.17 0.028 21k 12.6M
SMI SANTANA MINERALS 0.14 0.008 250k 3.9M
XAM XANADU MINES 0.14 0.125 15k 71.3M
PAK PACIFIC AMERICAN 0.13 0.044 73k 6.4M
KPO KALINA POWER 0.11 0.02 350k 8.0M
ANP ANTISENSE THERAP 0.11 0.04 225k 13.4M

 

GOING DOWN
Air traffic controller Adacel Technologies (ASX:ADA) has been hammered this morning after the loss of a US Federal Aviation Administration contract caused a profit downgrade.

The company told investors this morning that its profit for the first half of the 2019 financial year would be “65 to 70 per cent lower” than the $3.5m Adacel reported for the first half of the 2018 financial year.

Shares fell 46 per cent on the news, down to 82c.

Here are the worst performing ASX small cap stocks at 12.30pm Friday November 9: 

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ASX code Company Price change today (12.15pm) Price (12.15pm) Volume Market Cap
ADA ADACEL TECH -0.33 1.005 701k 117.7M
GBZ GBM RESOURCES -0.33 0.004 95k 6.5M
RAW RAWSON OIL AND G -0.25 0.015 129k 2.3M
XPE XPED -0.25 0.003 943k 6.0M
PGS PLANET GAS -0.25 0.003 500k 2.2M
LNY LANEWAY RESOURCE -0.25 0.003 200k 14.1M
BLY BOART LONGYEAR L -0.25 0.003 216k 105.2M
NOR NORWOOD SYSTEMS -0.17 0.005 125k 8.2M
MAT MATSA RESOURCES -0.17 0.125 116k 26.5M
KGM KALNORTH GOLD MI -0.17 0.005 100k 5.4M
QFY QUANTIFY TECHNOL -0.15 0.011 60k 8.3M
COO CORUM GROUP -0.15 0.034 36k 10.2M
EHH EAGLE HEALTH HOL -0.15 0.175 131k 65.3M
VML VITAL METALS -0.13 0.007 492k 13.9M
CCE CARNEGIE CLEAN E -0.13 0.007 125k 23.1M
ACF ACROW FORMWORK A -0.13 0.42 422k 84.4M
HAW HAWTHORN RESOURC -0.13 0.042 25k 15.7M
PCG PENGANA CAPITAL -0.12 2.6 172 304.7M
CT1 CCP TECHNOLOGIES -0.12 0.015 69k 7.0M
SNS SENSEN NETWORKS -0.11 0.12 3k 56.5M
IVQ INVITROCUE -0.11 0.08 111k 46.2M
SDV SCIDEV -0.11 0.008 5k 5.7M
MEB MEDIBIO -0.11 0.041 672k 9.3M
ACB A-CAP RESOURCES -0.11 0.041 16k 40.1M
MTC METALSTECH -0.11 0.05 357k 6.5M
GBR GREAT BOULDER RE -0.11 0.17 96k 15.2M
CI1 CREDIT INTELLIGE -0.11 0.017 57k 15.6M
RFN REFFIND -0.1 0.009 73k 5.2M
MSE METALSEARCH -0.1 0.009 2M 4.8M
IVR INVESTIGATOR RES -0.1 0.009 217k 7.4M