Lunchtime small cap wrap: who’s in the picture so far today
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Here are the key ASX small cap winners and losers at lunchtime Friday July 6.
The ASX Small Ords was up 16 points or 0.6 per cent to 2,843.6 at 1.15pm AEST.
GOING UP
Nigeria-focused zinc and lead explorer Symbol Mining (ASX:SL1) went flying today after winning final government approval for a mining lease at its Macy Project.
“Full scale mining operations are now underway,” Symbol told investors this morning.
The shares soared 45 per cent to an intraday high of 4.2c before cooling to 4c by 1.20pm AEST. About $1.3 million worth changed hands.
Business intelligence analysti Sentia (ASX:ISD) gained 18 per cent to an intraday high of 83c today after finally announcing it’s found a new CEO.
Yahoo7’s CEO Ed Harrison will join the company.
But on the same day the company had to issue the news that its chief financial officer, James Orlando, quit after only a year in the gig.
The shares were at 80c at 1.20pm AEST.
Lithium developer Anson Resources (ASX:ASN) put on 26 per cent to 12c following a Wednesday update that it had received “further encouraging results” while fast-tracking Paradox project in Utah.
The shares were at 11c at 1.25pm AEST.
Former aquaculture player Cervantes (ASX:CVS) gained 33 per cent to an intraday high of 1.6c after confirming on Thursday that its purchase of the Paynes Find Gold Project from European Lithium (ASX:EUR) had been finalised.
Last month former aquaculture player Cervantes literally struck gold in Western Australia – and high-grade gold at that – sending its shares through the roof.
Healthcare software maker Alcidion Group (ASX:ALC) moved ahead 12 per cent to 5.8c after signing a deal with ACT Health worth $4.75 million.
Alcidion — which recently finalised the acquisition of patient-tracker MKM Health for up to $16 million — will install an “electronic patient journey board” in Canberra hospitals under the leatest deal.
The shares were fetching 5.6c at 1.30pm AEST.
Here are the best performing ASX small cap stocks at 12.30pm Friday, July 6.
Swipe or scroll to reveal the full table. Click headings to sort:
GOING DOWN
Kogi Iron shares (ASX:KFE) shares fell after a group of shareholders that had been angling for control of the Nigeria-focused iron ore play gave up on their attempt to spill the board.
The group’s shareholding has now dropped below the 5 per cent level that makes it a substantial shareholder.
This means the group also no longer has the ability to demand Kogi call a spill meeting.
Kogi shares fell 18 per cent to a low of 13.5c but recovered to 14.5c by 1.30pm AEST.
Here are the worst performing ASX small cap stocks at 12.30pm on Friday, July 6.
Swipe or scroll to reveal the full table. Click headings to sort:
ASX code | Company | Today's price change (12.20pm) | Price (12.20pm) | Volume | Market Cap |
---|---|---|---|---|---|
NIU | NIUMINCO GROUP | -0.5 | 0.001 | 500k | 4.8M |
MRD | MOUNT RIDLEY | -0.25 | 0.003 | 165k | 5.3M |
GCR | GOLDEN CROSS RES | -0.222222222222 | 0.035 | 130k | 4.6M |
KRL | KANGAROO RES | -0.166666666667 | 0.055 | 135k | 226.7M |
ZYB | ZYBER | -0.166666666667 | 0.005 | 645k | 3.9M |
AVA | AVA RISK GROUP | -0.161290322581 | 0.13 | 455k | 32.7M |
KFE | KOGI IRON | -0.133333333333 | 0.143 | 79k | 107.5M |
SDV | SCIDEV | -0.125 | 0.007 | 1M | 4.6M |
COY | COPPERMOLY | -0.125 | 0.007 | 600k | 11.0M |
JDR | JADAR LITHIUM | -0.117647058824 | 0.015 | 10M | 6.6M |
EMU | EMU | -0.114285714286 | 0.062 | 9k | 5.5M |
RAP | RESAPP HEALTH | -0.111111111111 | 0.12 | 128k | 89.0M |
KTE | K2 ENERGY | -0.111111111111 | 0.008 | 236k | 2.7M |
HCO | HYLEA METALS | -0.111111111111 | 0.008 | 1M | 25.2M |
DHR | DARK HORSE RES | -0.111111111111 | 0.016 | 452k | 34.6M |
G88 | GOLDEN MILE RES | -0.107142857143 | 0.375 | 2k | 22.0M |
LNU | LINIUS TECH | -0.106666666667 | 0.067 | 396k | 70.2M |
PMY | PACIFICO MINERAL | -0.1 | 0.009 | 2M | 8.9M |
AOA | AUSMON RESOURCES | -0.1 | 0.009 | 5M | 5.2M |
THX | THUNDELARRA | -0.0952380952381 | 0.019 | 9k | 13.3M |
CL8 | COLLABORATE CORP | -0.0952380952381 | 0.019 | 1M | 13.0M |
IMU | IMUGENE | -0.09375 | 0.029 | 151k | 92.9M |
FYI | FYI RESOURCES | -0.0909090909091 | 0.1 | 60k | 20.4M |
SRI | SIPA RESOURCES | -0.0909090909091 | 0.01 | 100k | 13.2M |
LMG | LATROBE MAGNESIU | -0.0909090909091 | 0.01 | 200k | 13.8M |