Here are the key ASX small cap gainers and decliners at 1pm AEST Tuesday.

The ASX Small Ords was down 18 points at 2820 by lunch.

In the green

“Outstanding” results from gold explorer Lodestar (ASX:LSR) pushed its shares to the front at lunch — up 70 per cent to 3.9c at one point. The shares were trading at 3.6c by 1pm AEST.

The explorer reported its best ever drill results at its Contessa site — which it says extends well beyond current drilling — as well as its highest grades to date at Gidgee Flat.

The results required immediate follow up, with more diamond drilling planned.

Accounting tech Iodm (ASX:IOD) surged 53 per cent to 2c on news of its latest licensing contract with a “world leading services business”.

The client — said to have been established in 1984 and now managing 4500 contractors in Australia and overseas — will license Iodm’s accounts receivables platform.

“IODM has now proven that it not only greatly increases cash flow collection but introduces cost savings, efficiencies and a better customer service focus that will help streamline a company’s entire end-to-end solution,” chairman Mark Reilly told the market.

Blockchain logistics tech Yojee (ASX:YOJ) gained 32 per cent to 15.2c on news it had signed a deal with the world’s biggest logistics provider, Germany’s DB Schenker.

DB Schenker’s Asia Pacific arm will pay YOJ a fee to implement its platform into e-commerce and last-mile operations covering warehousing, wharf cartage and route optimisation.

YOJ says the deal could lead to a broader regional tech rollout after an initial four-month project.

The shares cooled to 14c by 1pm AEST.

Zinc explorer Superior Lake Resources (ASX:SUP) is this week hitting the road, presenting to investors in Sydney and Melbourne — and its share price is on the up.

SUP was trading up 21 per cent to 4c at 1pm AEST Tuesday.

It’s looking to restart a Canadian zinc operation that was closed in 1998 due to low zinc prices — but has new potential thanks to recent exploration.

Broken Hill prospector Ausmon Resources (ASX:AOA) was up 10 per cent to 1.1c with no news in the market.

Last week, it announced subsidiary New Base Metals had been granted two exploration licences in NSW — with a third expected soon.

ASX Code Name % CHANGE Price Tue 12pm AEST Volume
LSR Lodestar Minerals 54 3.4c 63 520 004
IOD IODM 53 2c 48 252
YOJ Yojee 21 14c 8 352 702
SUP Superior Lake Resources 21 4c 941256
AOA Ausmon Resources 20 1.2c 4 545 908
S66 Star Combo Pharma -20 $1.40 3 247 961
ACP Audalia Resources -20 1.2c 8 000
CMC China Magnesium Corp -15 1.7c 45 000
BMG BMG Resources -14 1.2c 50 000
AYS Amaysim Australia -13 83.5c 1 842 166
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In the red

Newly listed vitamin play Star Combo Pharma (ASX:S66) fell back today as profit-takers sold down following a stellar run in its first week of trade.

The stock slipped back 30 per cent to $1.36 — still almost triple its IPO issue price of 50c.

The shares were back up to $1.50 by 1pm AEST however.

A new entitlement issue for Audalia Resources (ASX:ACP) has seen it fall 20 per cent to 1.2c.

Audalia is looking to raise up to $3.8 million at 1c to fund exploration and evaluation work at its Medcalf Project and to supplement working capital.

Magnesium-turned-lithium play China Magnesium (ASX:CMC) dropped 15 per cent to 1.7c after a steep rise earlier in the week.

The stock closed at 2c yesterday on no news, and today was back to previous levels.

BMG Resources (ASX:BMG) was trading down 14 per cent at 1.2c with no news in the market.

Last quarter, it reported it was still looking for investment opportunities after its Bulgarian minerals projects fell through.

Household services provider Amaysim (ASX:AYS) fell 13 per cent to 83.5c on no news.