Weekly ASX small cap wrap: Russia puts its claim on Venus
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Time to start whipping up a batch of borscht. Russia – or at least the chief of its space agency – has declared that Venus is a “Russian planet” and that it will send its own mission to the second planet from the sun.
This declaration comes after a recent scientific study found hints that life could exist on Venus, which is famously known for its hellish atmosphere.
Russia is the only country to have landed probes on our nearest planetary neighbour, though these predictably lasted for hours at best before failing.
While markets dipped slightly this morning, here are the biggest ASX small cap movers.
ASX SMALL CAP WINNERS
Sagalio Energy (ASX:SAN) +2050%, East Energy Resources (ASX:EER) +800%
There has been an absolute paucity of any real news from our two biggest small cap gainers, so just why did their share prices climb so much?
Mike Cooper explored some possible reasons for the big jumps with EER likely rising on Prime Minister Scott Morrison’s new gas policy while Saglio’s rise could be following on from fellow central Asia-based minnow Jupiter Energy’s (ASX:JPR) impressive share price rise over recent days.
Jupiter itself is fifth on our list, rising on news that the Kazakhstan government might be changing its regulations to allow oil producers to sell direct to the global market at prevailing prices.
Redbank Copper (ASX:RCP) +258%
Shares in Redbank surged after the company was reinstated onto the ASX following a restructuring and recapitalisation.
The company has an extensive ground position for base metals in the McArthur River Basin in the Northern Territory and the Millers Creek project in South Australia.
Here are the best performing ASX small cap stocks for September 11 – September 18 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Name | Price | % Return | Market Cap |
|---|---|---|---|---|
| SAN | Sagalio Energy Ltd | 0.086 | 2050 | $ 17,600,771.18 |
| EER | East Energy Resource | 0.036 | 800 | $ 115,235,533.26 |
| COY | Coppermoly Limited | 0.041 | 486 | $ 19,144,925.90 |
| RCP | Redbank Copper Ltd | 0.068 | 258 | $ 28,143,070.85 |
| JPR | Jupiter Energy | 0.05 | 138 | $ 9,509,416.97 |
| ADY | Admiralty Resources. | 0.017 | 113 | $ 20,864,424.58 |
| ICI | Icandy Interactive | 0.05 | 108 | $ 18,753,997.85 |
| RMI | Resource Mining Corp | 0.025 | 92 | $ 4,444,010.21 |
| RIE | Riedel Resources Ltd | 0.021 | 91 | $ 4,180,696.99 |
| CFE | Cape Lambert Res Ltd | 0.0095 | 90 | $ 16,260,335.01 |
| EGR | Ecograf Limited | 0.15 | 88 | $ 49,138,213.68 |
| KEY | KEY Petroleum | 0.0075 | 88 | $ 15,743,425.01 |
| CYC | Cyclopharm Limited | 2.51 | 81 | $ 210,319,072.10 |
| RNO | Rhinomed Ltd | 0.14 | 75 | $ 32,995,187.16 |
| MYQ | Myfiziq Limited | 0.825 | 72 | $ 102,252,476.47 |
| NWE | Norwest Energy NL | 0.005 | 67 | $ 23,672,335.37 |
| LKE | Lake Resources | 0.064 | 64 | $ 43,519,202.94 |
| PLL | Piedmont Lithium Ltd | 0.15 | 63 | $ 150,191,626.78 |
| BBX | BBX Minerals Ltd | 0.545 | 60 | $ 167,322,677.20 |
| CAD | Caeneus Minerals | 0.016 | 60 | $ 54,905,843.54 |
| TSC | Twenty Seven Co. Ltd | 0.008 | 60 | $ 11,104,246.15 |
| KTA | Krakatoa Resources | 0.125 | 51 | $ 24,593,100.00 |
| ALT | Analytica Limited | 0.003 | 50 | $ 10,558,837.00 |
| CCE | Carnegie Cln Energy | 0.0015 | 50 | $ 16,712,178.68 |
| CYQ | Cycliq Group Ltd | 0.003 | 50 | $ 5,879,189.95 |
| CZN | Corazon Ltd | 0.003 | 50 | $ 6,506,718.29 |
| GGE | Grand Gulf Energy | 0.009 | 50 | $ 3,453,745.30 |
| GGX | Gas2Grid Limited | 0.003 | 50 | $ 3,898,340.96 |
| PBX | Pacific Bauxite Ltd | 0.003 | 50 | $ 1,189,842.10 |
| ROG | Red Sky Energy. | 0.003 | 50 | $ 6,108,549.83 |
| WWI | West Wits Mining Ltd | 0.033 | 50 | $ 37,922,136.16 |
| JXT | Jaxstaltd | 0.14 | 46 | $ 23,262,308.39 |
| GBE | Globe Metals &Mining | 0.029 | 45 | $ 13,511,748.82 |
| NGY | Nuenergy Gas Ltd | 0.013 | 44 | $ 17,771,465.96 |
| CRM | Carbon Minerals Ltd | 0.4 | 43 | $ 7,521,397.20 |
| DYL | Deep Yellow Limited | 0.35 | 43 | $ 80,867,165.28 |
| PKD | Parkd Ltd | 0.04 | 43 | $ 3,081,150.00 |
| BNL | Blue Star Helium Ltd | 0.034 | 42 | $ 35,009,183.32 |
| CLA | Celsius Resource Ltd | 0.024 | 42 | $ 25,747,196.67 |
| LIO | Lion Energy Limited | 0.024 | 41 | $ 4,977,642.96 |
ASX SMALL CAP LOSERS
BrainChip Holdings (ASX:BRN) -45%
Despite saying that its Akida Neuromorphic semiconductor technology is now complete for its “System-on-Chip (NSoC) design with functional silicon”, which was built out by the Taiwan Semiconductor Manufacturing Company (TSMC), Brainchip shares dipped this week.
The market could have taken the big gains it had already made earlier this month.
Here are the worst performing ASX small cap stocks for September 11 – September 18 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | % Return weekly | Market Cap |
|---|---|---|---|---|
| RNT | Rent.Com.Au Limited | 0.05 | -21 | $ 17,134,423.69 |
| A3D | Aurora Labs Limited | 0.099 | -21 | $ 11,258,851.87 |
| PEK | Peak Resources | 0.028 | -22 | $ 40,920,961.50 |
| AAJ | Aruma Resources Ltd | 0.0085 | -23 | $ 10,254,725.13 |
| SBW | Shekel Brainweigh | 0.245 | -23 | $ 31,970,000.00 |
| HGO | Hillgrove Res Ltd | 0.038 | -24 | $ 22,252,363.68 |
| 8IH | 8I Holdings Ltd | 0.12 | -25 | $ 50,646,272.74 |
| ARE | Argonaut Resources | 0.006 | -25 | $ 15,733,517.65 |
| BAS | Bass Oil Ltd | 0.0015 | -25 | $ 5,013,210.14 |
| PCH | Property Connect | 0.0015 | -25 | $ 1,028,795.21 |
| PUR | Pursuit Minerals | 0.015 | -25 | $ 6,191,014.74 |
| RFN | Reffind Limited | 0.0015 | -25 | $ 2,486,517.24 |
| SMI | Santana Minerals Ltd | 0.003 | -25 | $ 4,070,448.98 |
| TZL | TZ Limited | 0.051 | -25 | $ 4,678,005.86 |
| SRH | Saferoads Holdings | 0.165 | -28 | $ 8,372,000.00 |
| AIV | Activex Limited | 0.1 | -29 | $ 19,495,124.11 |
| ANW | Aus Tin Mining | 0.001 | -33 | $ 3,329,774.06 |
| IKW | Ikwezi Mining Ltd | 0.004 | -33 | $ 20,325,000.00 |
| MNB | Minbos Resources Ltd | 0.002 | -33 | $ 13,005,122.64 |
| PCL | Pancontinental Oil | 0.001 | -33 | $ 5,406,715.49 |
| TOM | Tomizone Limited | 0.002 | -33 | $ 850,401.35 |
| RVS | Revasum | 0.25 | -34 | $ 8,252,425.25 |
| MLS | Metals Australia | 0.0025 | -38 | $ 10,945,058.33 |
| BRN | Brainchip Ltd | 0.415 | -45 | $ 661,223,466.96 |
| REY | REY Resources Ltd | 0.15 | -48 | $ 29,702,461.46 |
| DXB | Dimerix Ltd | 0.25 | -66 | $ 47,459,831.28 |
