Hurricane Florence over the Atlantic Ocean. Photo: Ricky Arnold / NASA
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Here are the key ASX small cap winners and losers at lunch Wednesday Sep 12:
The ASX Small Ords was down 4.6 points or 0.2 per cent to 2,816.5 at 12.30pm AEST.
Drug developer Suda Pharma (ASX:SUD), known for making a sildenafil (aka Viagra) mouth spray among other things, is up 25 per cent to an intraday high of 0.5c this morning.
The company put out a positive update about licence discussions for its various oral sprays, including ZolpiMist, which is used for insomnia, and ArTiMist, a malaria treatment for children.
Suda also said it was continuing to negotiate potential joint ventures as well as looking for a vice president to head up business development.
Pursuit Minerals (ASX:PUR) has identified a major exploration target at its Koitelainen vanadium project in Finland, and announced plans to complete a mineral resource estimate at the project and undertake a scoping study early in 2019.
As a result the company is up 32 per cent to an intraday high of 7c.
Pursuit is rapidly compiling a portfolio of world-class vanadium projects in Scandinavia. In addition to today’s results, the company has recently confirmed high-grade assays at its Airijoki project in northern Sweden.
Biotech Phylogica (ASX:PYC) is up 17 per cent to an intraday high of 3.5c after telling investors this morning that it had received “firm commitments” to raise $9.1 million.
The money will be used to accelerate its path towards first in human trials of its Cell Penetrating Peptides (CPPs).
Shares in gold miner Empire Resources (ASX:ERL) are up 18 per cent to an intraday high of 1.3c.
The company does not have any news out, but the shares have been active thanks to a boardroom battle that’s been going on in the background.
Here are the best performing ASX small cap stocks at 12.30pm AEST Wednesday Sep 12:
Swipe or scroll to reveal full table. Click headings to sort
| ASX code | Company | Price change today (12pm) | Price (12pm) | Volume | Market Cap |
|---|---|---|---|---|---|
| AHK | ARK MINES | 0.83 | 5.5c | 20k | 1.5M |
| XPE | XPED | 0.5 | 0.3c | 2M | 3.0M |
| MOX | MONAX MINING | 0.5 | 0.3c | 1M | 1.8M |
| AKN | AUKING MINING LT | 0.5 | 0.3c | 2M | 1.9M |
| ANL | AMANI GOLD | 0.4 | 0.7c | 200k | 7.8M |
| SVH | SILVER HERITAGE | 0.27 | 3.3c | 27k | 19.4M |
| SUD | SUDA PHARMACEUTI | 0.25 | 0.5c | 5M | 10.3M |
| SRO | SHAREROOT | 0.25 | 0.5c | 2M | 6.0M |
| PUR | PURSUIT MINERALS | 0.25 | 6.6c | 150k | 4.3M |
| SDL | SUNDANCE RESOURC | 0.2 | 0.6c | 5M | 45.7M |
| PMY | PACIFICO MINERAL | 20 | 0.6c | 291k | 5.5M |
| MED | MERLIN DIAMONDS | 20 | 0.6c | 1M | 16.5M |
| AOA | AUSMON RESOURCES | 20 | 0.6c | 246k | 2.6M |
| ERL | EMPIRE RESOURCES | 0.18 | 1.3c | 200k | 5.3M |
| STM | SUNSTONE METALS | 0.18 | 3.3c | 2M | 32.0M |
| PNX | PNX METALS | 0.17 | 0.7c | 200k | 8.1M |
| PLC | PLC FINANCIAL SO | 0.17 | 1.4c | 8k | 1.9M |
| NOR | NORWOOD SYSTEMS | 0.17 | 0.7c | 500k | 8.0M |
| CZL | CONSOLIDATED ZIN | 0.15 | 1.5c | 6M | 12.0M |
| UTR | ULTRACHARGE | 0.14 | 1.6c | 198k | 12.8M |
| PYC | PHYLOGICA | 0.13 | 3.4c | 1M | 64.2M |
| BIT | BIOTRON | 0.13 | 1.7c | 231k | 7.5M |
| TV2 | TV2U INTERNATION | 0.13 | 0.9c | 11M | 16.0M |
| CTM | CENTAURUS METALS | 0.13 | 0.9c | 100k | 18.4M |
| NOX | NOXOPHARM | 0.12 | 65c | 4k | 70.7M |
| HXG | HEXAGON RESOURCE | 0.12 | 14c | 41k | 36.5M |
| FSG | FIELD SOLUTIONS | 0.12 | 2.9c | 182k | 11.2M |
| ADV | ARDIDEN | 0.11 | 10c | 5M | 15.1M |
| CAY | CANYON RESOURCES | 0.11 | 26c | 1M | 82.2M |
| CLL | COLLERINA COBALT | 0.11 | 10.5c | 340k | 53.1M |
GOING DOWN
More than 65 million shares in Pancontinental Oil & Gas (ASX:PCL) traded hands this morning for a total value of about $640,000, driving the stock to an intraday low of 0.9c, after it closed at 1c yesterday.
The company’s only news was a presentation on the exploration potential of Namibia; yesterday the company said it had potentially more than one billion barrels of oil under Namibia’s sea.
Here are the worst performing ASX small cap stocks at 12.30pm AEST, Wednesday Sep 12:
Swipe or scroll to reveal full table. Click headings to sort
| ASX code | Company | Price change today (12pm) | Price (12pm) | Volume | Market Cap |
|---|---|---|---|---|---|
| ABV | ADVANCED BRAKING | -0.33 | 0.2c | 6M | 9.6M |
| AHN | ATHENA RESOURCES | -0.25 | 1.5c | 50k | 4.3M |
| S3R | SERPENTINE TECHN | -0.25 | 0.3c | 2M | 2.9M |
| EPM | ECLIPSE METALS L | -0.25 | 0.3c | 98k | 4.0M |
| RDS | REDSTONE RESOURC | -0.23 | 1.7c | 100k | 9.0M |
| ZMI | ZINC OF IRELAND | -0.17 | 0.5c | 150k | 11.7M |
| BLY | BOART LONGYEAR L | -0.17 | 0.5c | 967k | 157.7M |
| AVD | ANTILLES OIL AND | -0.17 | 3c | 132k | 4.9M |
| ADN | ANDROMEDA METALS | -0.17 | 0.5c | 100k | 6.5M |
| CHK | COHIBA MINERALS | -0.14 | 0.6c | 100k | 3.9M |
| ALT | ANALYTICA | -0.14 | 0.6c | 3M | 23.4M |
| MCM | MC MINING | -0.14 | 31c | 5k | 50.7M |
| FIG | FREEDOM INSURANC | -0.13 | 13c | 2M | 36.0M |
| KZR | KALAMAZOO RESOUR | -0.13 | 7.3c | 5k | 7.5M |
| WRM | WHITE ROCK MINER | -0.13 | 0.7c | 300k | 13.1M |
| GMC | GULF MANGANESE C | -0.13 | 1.4c | 40M | 45.4M |
| HRL | HRL HOLDINGS | -0.12 | 15c | 8k | 83.9M |
| HIT | HITECH GROUP AUS | -0.12 | 76c | 20k | 32.7M |
| CPV | CLEARVUE TECHNOL | -0.12 | 50c | 2M | 53.7M |
| MOB | MOBILICOM | -0.11 | 7c | 204k | 17.2M |
| SAS | SKY AND SPACE GL | -0.11 | 4.7c | 4M | 97.8M |
| IBX | IMAGION BIOSYSTE | -0.11 | 7.1c | 12k | 17.1M |
| HWK | HAWKSTONE MINING | -0.11 | 2.4c | 30k | 15.4M |
| SWJ | STONEWALL RESOUR | -0.11 | 0.8c | 270k | 26.6M |
| CDT | CASTLE MINERALS | -0.11 | 0.8c | 92k | 2.0M |
| REF | REVERSE CORP | -0.11 | 2.5c | 204k | 2.6M |
| FOD | FOOD REVOLUTION | -0.1 | 8.5c | 30k | 40.8M |
| PDZ | PRAIRIE MINING L | -0.09 | 43c | 69k | 100.8M |
| AUZ | AUSTRALIAN MINES | -0.09 | 4.8c | 45M | 143.1M |
| MSM | MSM CORPORATION | -0.09 | 1c | 2M | 5.2M |
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