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.

GOING UP

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:

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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:

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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