ASX small cap winners January 14-18

Titanium Sands (ASX:TSL) was this week’s biggest winner, with its shares rising 62 per cent over the course of the week, to as high as 2.1c.

The company didn’t have any news out, however. But back in December it ended a 21-month hiatus and was finally reinstated to the ASX, after raising $6 million to focus on its Sri Lankan mineral sands project.

Robot house builder FBR (ASX:FBR) got a tap on the shoulder from the ASX this week, which wanted to know why the company’s share price had risen as much as 61 per cent to 11.3c this week.

“The company believes there has been a lag in the market distilling and understanding the information contained within the announcements on 4 December 2018 and 5 December 2018,” it replied.

“The announcements highlighted the discontinuation of the MoU with Caterpillar and the strategic decision to change the company’s business model for the Hadrian technology to Wall as a Service (WaaS) due to higher potential returns to shareholders.”

It also reckons hype for an upcoming demonstration of its technology is a reason for the run.

Cougar Metals (ASX:CGM) shares jumped 50 per cent to 0.3c this morning after the company said drone surveys had identified new targets ripe for mining.

“Results of the interpretation have highlighted three new exploration targets with the most significant corresponding to a big structural complex north of the El Boldo artisanal mine, located on the property, with an azimuth that matches the azimuth of the structure hosting the mineralisation at that mine,” it told investors.

Finally a bit of good news for shareholders of troubled health food maker Murray River Organics (ASX:MRG) — shares went up 44 per cent to 13.5c!

The company, which has a had a rough couple of years, told investors it was increasing prices of its dried vine fruit “to ensure growers receive a fair return for their fruit commensurate with global pricing trends which have seen a doubling of pricing in comparable global grower markets in the last few years”.

The slow recovery in retail tech stock (ASX:KGN) continued this week, with the company telling investors the Christmas trading period had delivered record numbers.