Hannah Davis and 2018 AFL Brownlow Medal winner Tom Mitchell hit the red carpet last night. Pic: Adam Trafford
Lunchtime ASX small cap wrap: who’s winning medals
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Here are the key ASX small cap winners and losers at lunch Tuesday Sep 25:
The ASX Small Ords was 9 points or 0.3 per cent to 2817 at 1pm AEST.
GOING UP
Noxopharm (ASX:NOX) rose 15 per cent to an intraday high of 73.5c, continuing its rise after announcing yesterday that it had discovered a way to inhibit a protein involved in the development of autoimmune diseases.
Noxopharm announced this morning that its majority-owned subsidiary Nyrada had discovered a compound that is a “potent inhibitor” of the protein — known as IRAK4.
The good news at Avita Medical (ASX:AVH) continued, with the stock rising 20 per cent to an intraday high of 12c this morning though the company had no fresh news out.
On Friday Avita won approval from the FDA to sell its spray-on skin technology in the United States.
Some $1.6 million worth of shares traded hands before lunch today.
Shares in Fremont Petroleum (ASX:FPL) rose 29 per cent to an intraday high of 0.9c after telling investors that it would commence drilling at its US Vespucci well in early October.
Vespucci #1 will be drilled as a vertical well and is targeting production from a multi stage fracture stimulation in the B and C Benches of the Niobrara Formation, the company told investors.
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Cougar Metals (ASX:CGM) was the biggest gainer at lunch, rising 67 per cent to an intraday high of 0.5c — with $104,440 worth of shares trading hands — after telling investors it had reached a settlement in arbitration with DNI Metals concerning a graphite project in Madagascar.
The settlement provides for payment to Cougar by DNI of $2.5 million.
Here are the best performing ASX small cap stocks at 12.30pm AEST Tuesday September 25:
Swipe or scroll to reveal the full table. Click headings to sort
| ASX code | Company | Price change today (12pm) | Price (12pm) | Volume | Market Cap |
|---|---|---|---|---|---|
| CGM | COUGAR METALS NL | 0.67 | 0.5c | 11M | 2.8M |
| MOX | MONAX MINING | 0.5 | 0.3c | 38k | 1.8M |
| CLY | CLANCY EXPLORATI | 0.5 | 0.3c | 1M | 8.4M |
| OEX | OILEX | 0.33 | 0.4c | 621k | 6.5M |
| FPL | FREMONT PETROLEU | 0.29 | 0.9c | 4M | 6.0M |
| MIL | MILLENNIUM SERVI | 0.27 | 71c | 18k | 25.7M |
| SRN | SUREFIRE RESOURC | 0.25 | 1c | 600k | 3.4M |
| DDD | 3D RESOURCES | 0.25 | 0.5c | 197k | 4.0M |
| CLZ | CLASSIC MINERALS | 0.25 | 0.5c | 2M | 10.0M |
| SDL | SUNDANCE RESOURC | 0.2 | 0.6c | 5M | 45.7M |
| PMY | PACIFICO MINERAL | 0.2 | 0.6c | 500k | 5.5M |
| ODA | ORCODA | 0.2 | 18c | 5k | 13.4M |
| AGE | ALLIGATOR ENERGY | 0.2 | 0.6c | 410k | 3.7M |
| AVH | AVITA MEDICAL | 0.2 | 12c | 11M | 134.2M |
| SKN | SKIN ELEMENTS | 0.19 | 3.2c | 173k | 3.5M |
| IBX | IMAGION BIOSYSTE | 0.18 | 6c | 183k | 10.9M |
| PSM | PENINSULA MINES | 0.17 | 0.7c | 386k | 4.8M |
| BKP | BARAKA ENERGY AN | 0.17 | 0.7c | 1M | 16.2M |
| IEC | INTRA ENERGY COR | 0.15 | 1.5c | 1M | 5.0M |
| LPD | LEPIDICO | 0.15 | 2.3c | 609k | 58.9M |
| NOX | NOXOPHARM | 0.15 | 73.5c | 12k | 78.0M |
| SP3 | SPECTUR | 0.13 | 26.5c | 10k | 12.3M |
| PNX | PNX METALS | 0.13 | 0.9c | 109k | 10.8M |
| KEY | KEY PETROLEUM | 0.13 | 0.9c | 111k | 10.8M |
| IHL | IMPRESSION HEALT | 0.13 | 1.8c | 691k | 5.6M |
| DHR | DARK HORSE RESOU | 0.13 | 0.9c | 900k | 15.4M |
| REF | REVERSE CORP | 0.12 | 2.8c | 109k | 2.3M |
| WHA | WATTLE HEALTH AU | 0.12 | $1.13 | 36k | 196.4M |
| AZV | AZURE HEALTHCARE | 0.12 | 9.5c | 13k | 19.8M |
| PAA | PHARMAUST | 0.12 | 3.8c | 174k | 6.8M |
| BAT | BATTERY MINERALS | 0.11 | 3c | 1M | 30.1M |
GOING DOWN
Lakes Oil (ASX:LKO) fell 50 per cent to an intraday low of 0.1c after updating the market on its court battle with the Victorian Government.
The company lost its fight to overturn Victoria’s ban on gas exploration. It says it may appeal the decision.
Here are the worst performing ASX small cap stocks at 12.30pm Tuesday Sep 25:
Swipe or scroll to reveal the full table. Click headings to sort
| ASX code | Company | Price change today (12pm) | Price (12pm) | Volume | Market Cap |
|---|---|---|---|---|---|
| AIY | AUTHORISED INVES | -0.53 | 2.8c | 337k | 22.6M |
| VAR | VARISCAN MINES L | -0.33 | 0.2c | 180k | 3.7M |
| MRD | MOUNT RIDLEY MIN | -0.33 | 0.2c | 167k | 4.6M |
| RND | RAND MINING | -0.28 | $3.25 | 303 | 270.7M |
| AYR | ALLOY RESOURCES | -0.2 | 0.4c | 2M | 7.3M |
| AUL | AUSTAR GOLD | -0.2 | 0.4c | 500k | 10.6M |
| AIS | AERIS RESOURCES | -0.18 | 23c | 262k | 128.2M |
| AVD | ANTILLES OIL AND | -0.17 | 3c | 132k | 4.9M |
| ADN | ANDROMEDA METALS | -0.17 | 0.5c | 75k | 6.5M |
| M7T | MACH7 TECHNOLOGI | -0.14 | 18c | 48k | 27.8M |
| GTE | GREAT WESTERN EX | -0.14 | 0.6c | 857k | 6.4M |
| EVE | EVE INVESTMENTS | -0.14 | 0.6c | 4M | 15.9M |
| ARV | ARTEMIS RESOURCE | -0.14 | 19.8c | 933k | 145.7M |
| AVQ | AXIOM MINING | -0.13 | 10c | 2M | 50.4M |
| TAR | TARUGA MINERALS | -0.13 | 7.7c | 77k | 12.2M |
| DEG | DE GREY MINING | -0.12 | 15c | 798k | 61.8M |
| MYQ | MYFIZIQ | -0.12 | 26.5c | 61k | 24.8M |
| ZYB | ZYBER HOLDINGS L | -0.11 | 0.8c | 2M | 5.9M |
| AHK | ARK MINES | -0.11 | 4.9c | 10k | 2.7M |
| GED | GOLDEN DEEPS | -0.1 | 4.3c | 370k | 8.2M |
| PDZ | PRAIRIE MINING L | -0.1 | 44.5c | 46k | 105.1M |
| OLV | OTHERLEVELS HOLD | -0.1 | 3.6c | 117k | 9.0M |
| MTH | MITHRIL RESOURCE | -0.1 | 0.9c | 56k | 2.0M |
| KKL | KOLLAKORN CORP L | -0.1 | 0.9c | 15k | 1.9M |
| EME | ENERGY METALS | -0.09 | 15c | 13k | 34.6M |
| MUS | MUSTANG RESOURCE | -0.09 | 1c | 1M | 12.6M |
| ECT | ENVIRONMENTAL CL | -0.09 | 1c | 707k | 52.8M |
| AX8 | ACCELERATE RESOU | -0.09 | 10.5c | 225k | 5.5M |
| EDE | EDEN INNOVATIONS | -0.08 | 4.4c | 3M | 70.5M |
| NXM | NEXUS MINERALS L | -0.08 | 5.6c | 264k | 5.4M |
| BDR | BEADELL RESOURCE | -0.07 | 6.4c | 2M | 115.5M |
