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Berkeley Energia (ASX:BKY) was the week’s biggest winner, all thanks to Friday news — an insider now says the uranium hopeful is about to snag a crucial endorsement from Spain’s nuclear watchdog for its contentious Salamanca uranium project.
The speculation lit a rocket under Berkeley’s share price, which is skyrocketed 114 per cent to 38.5c, after opening on Monday at 18c.
The Reuters source said the watchdog, CSN, is going to approve two studies next week which examined Salamanca’s potential radiation effects on the general environment, among other safety concerns.
Pursuit Minerals (ASX:PUR) fell just short of a three-figure percentage rise this week, but only just: it rose 96 per cent to 5.3c on the back of some outrageously good vanadium grades.
Testing on 11 historical drill holes confirmed exceptionally high-grade vanadium magnetite concentrates, with the majority ranging between 2 and 2.6 per cent V2O5 – placing the Koitelainen concentrate amongst the world’s very best.
Intervals in three of the holes recorded magnetite concentrate values of 3.6, 3.3 and 3.1 per cent V2O5.
Peninsula Mines (ASX:PSM) share price up 50 per cent to 0.6c.
The graphite explorer has signed an MoU with Tera Technos Co, which specialises in the production of high performance carbon composite silica oxide anode materials — a modified and enhanced version of spherical graphite.
Shares in Environmental Group (ASX:EGL) rose 63 per cent to 5.7c, after news early in the week that it was picking up gear in the RCR Tomlinson fire sale, following the latter’s descent into voluntary administration in November last year.
Environmental Group, which runs a gas turbine engineering company, and water and air pollution divisions, is buying RCR’s energy assets including the original Tomlinson Boilers arm, which handles maintenance and installation of renewable- and conventionally-fired generators and water heaters.
Avita Medical (ASX:AVH) jumped 38 per cent to 11c this week following news it was launching its RECELL device in the United States.
The RECELL System uses a small amount of a patient’s own skin to prepare Spray-On Skin Cells at the point of care in as little as 30 minutes, providing a new way to treat thermal burns, the company says.
The mention of wildly popular video game Fortnite was enough to send eSports Mogul (ASX:ESH) shares up 29 per cent this week to 1.8c.
eSports Mogul reckons that by adding Fortnite and other console games to the lineup they’ll attract a new kind of gamer to their big competition in February.
Here are the best performing ASX small cap stocks for January 7-11:
Swipe or scroll to reveal full table. Click headings to sort
| ASX code | Company | Price Dec 14 | Last price | One-week price change | Market Cap |
|---|---|---|---|---|---|
| BKY | BERKELEY ENERGIA LTD | 0.18 | 0.385 | 114% | $59,435,548 |
| PUR | PURSUIT MINERALS LTD | 0.027 | 0.053 | 96% | $8,997,777 |
| AHL | AHALIFE HOLDINGS LTD | 0.008 | 0.015 | 88% | $8,068,328 |
| KGM | KALNORTH GOLD MINES LTD | 0.004 | 0.007 | 75% | $6,259,681 |
| AQS | AQUIS ENTERTAINMENT LTD | 0.032 | 0.055 | 72% | $7,775,924 |
| SCN | SCORPION MINERALS LTD | 0.013 | 0.022 | 69% | $4,071,564 |
| EGL | ENVIRONMENTAL GROUP LTD/THE | 0.035 | 0.057 | 63% | $11,964,244 |
| VP7 | VELOCITY PROPERTY GROUP LTD | 0.031 | 0.05 | 61% | $18,096,074 |
| E2E | EON NRG LTD | 0.01 | 0.016 | 60% | $4,063,892 |
| B2Y | BOUNTY MINING LTD | 0.097 | 0.155 | 60% | $53,921,048 |
| MAU | MAGNETIC RESOURCES NL | 0.125 | 0.195 | 56% | $36,285,604 |
| IHR | INTELLIHR HOLDINGS LTD | 0.09 | 0.135 | 50% | $9,483,012 |
| THD | THRED LTD | 0.002 | 0.003 | 50% | $4,473,477 |
| TPD | TALON PETROLEUM LTD | 0.002 | 0.003 | 50% | $2,520,246 |
| PSM | PENINSULA MINES LTD | 0.004 | 0.006 | 50% | $4,314,361 |
| ORM | ORION METALS LTD | 0.004 | 0.006 | 50% | $2,670,585 |
| NSE | NEW STANDARD ENERGY LTD | 0.002 | 0.003 | 50% | $1,576,120 |
| IBX | IMAGION BIOSYSTEMS LTD | 0.027 | 0.04 | 48% | $13,555,199 |
| TAR | TARUGA MINERALS LTD | 0.045 | 0.066 | 47% | $9,175,870 |
| CM1 | COOLGARDIE MINERALS LTD | 0.05 | 0.073 | 46% | $6,801,689 |
| ARS | ALT RESOURCES LTD | 0.02 | 0.029 | 45% | $6,083,602 |
| TSL | TITANIUM SANDS LTD | 0.009 | 0.013 | 44% | $7,392,443 |
| RCP | REDBANK COPPER LTD | 0.021 | 0.03 | 43% | $2,456,410 |
| CAV | CARNAVALE RESOURCES LTD | 0.005 | 0.007 | 40% | $3,339,998 |
| FEL | FE LTD | 0.013 | 0.018 | 38% | $4,857,164 |
| BCC | BEAM COMMUNICATIONS HOLDINGS | 0.13 | 0.18 | 38% | $9,517,221 |
| AVH | AVITA MEDICAL LTD | 0.08 | 0.11 | 38% | $181,766,784 |
| PNN | PEPINNINI LITHIUM LTD | 0.004 | 0.0055 | 38% | $3,603,372 |
| DSE | DROPSUITE LTD | 0.028 | 0.038 | 36% | $12,486,427 |
| HAW | HAWTHORN RESOURCES LTD | 0.041 | 0.055 | 34% | $13,391,240 |
Argent Minerals (ASX:ARD) is readying to fight a federal government decision to make it pay back $1.4m in research and development rebates it received in the 2016 and 2017 financial years.
The junior explorer told investors today that AusIndustry – part of the Department of Industry, Innovation and Science – had issued “negative findings” for the R&D claims following a review.
This means Argent may ultimately be required to repay up to $1.4m plus penalties and interest. It fell 32 per cent this week.
One-time tungsten miner Top Tung (ASX:TTW) fell 25 per cent this week, falling to 1.8c.
The company had a few odds and ends announcements out, including a change of name and ASX code on Friday to Chase Mining and CML to better reflect its focus on Canadian battery metals.
Here are the worst performing ASX small cap stocks for January 7-11:
Swipe or scroll to reveal full table. Click headings to sort
| ASX code | Company | Price Dec 14 | Last price | One-week price change | Market Cap |
|---|---|---|---|---|---|
| QTG | Q TECHNOLOGY GROUP LTD | 0.02 | 0.004 | -80% | $184,869 |
| LHB | LIONHUB GROUP LTD | 0.04 | 0.01 | -75% | $8,263,498 |
| TMK | TAMASKA OIL & GAS LTD | 0.002 | 0.001 | -50% | $1,960,000 |
| MAR | MALACHITE RESOURCES LTD | 0.002 | 0.001 | -50% | $2,775,647 |
| CLY | CLANCY EXPLORATION LTD | 0.002 | 0.001 | -50% | $7,008,776 |
| AU1 | AGENCY GROUP AUSTRALIA LTD | 0.27 | 0.14 | -48% | $9,846,618 |
| SVA | SIMAVITA LTD-CDI | 0.029 | 0.019 | -34% | $7,937,785 |
| XST | XSTATE RESOURCES LTD | 0.003 | 0.002 | -33% | $2,280,982 |
| NWE | NORWEST ENERGY NL | 0.003 | 0.002 | -33% | $6,764,186 |
| LKO | LAKES OIL NL | 0.0015 | 0.001 | -33% | $67,420,048 |
| HT8 | HARRIS TECHNOLOGY GROUP LTD | 0.015 | 0.01 | -33% | $2,170,025 |
| CGM | COUGAR METALS NL | 0.003 | 0.002 | -33% | $1,955,605 |
| AYM | AUSTRALIA UNITED MINING LTD | 0.003 | 0.002 | -33% | $3,685,155 |
| ARD | ARGENT MINERALS LTD | 0.019 | 0.013 | -32% | $6,069,757 |
| 1AG | ALTERRA LTD | 0.046 | 0.032 | -30% | $4,280,400 |
| SPB | SOUTH PACIFIC RESOURCES LTD | 0.007 | 0.005 | -29% | $662,061 |
| HOR | HORSESHOE METALS LTD | 0.014 | 0.01 | -29% | $1,946,522 |
| ODM | ODIN METALS LTD | 0.125 | 0.09 | -28% | $13,834,740 |
| RAW | RAWSON OIL AND GAS LTD | 0.015 | 0.011 | -27% | $1,240,297 |
| FND | FINDERS RESOURCES LTD | 0.225 | 0.165 | -27% | $130,146,352 |
| BEE | BROO LTD | 0.047 | 0.035 | -26% | $24,111,746 |
| WEL | WINCHESTER ENERGY LTD | 0.024 | 0.018 | -25% | $5,132,679 |
| TTW | TOPTUNG LTD | 0.024 | 0.018 | -25% | $3,725,315 |
| PGY | PILOT ENERGY LTD | 0.02 | 0.015 | -25% | $1,192,060 |
| VAL | VALOR RESOURCES LTD | 0.004 | 0.003 | -25% | $5,679,577 |
| OVL | ORO VERDE LTD | 0.004 | 0.003 | -25% | $4,667,036 |
| MLS | METALS AUSTRALIA LTD | 0.004 | 0.003 | -25% | $7,025,394 |
| LRM | LUSTRUM MINERALS LTD | 0.12 | 0.09 | -25% | $3,046,631 |
| GPP | GREENPOWER ENERGY LTD | 0.004 | 0.003 | -25% | $4,696,111 |
| ARO | ASTRO RESOURCES NL | 0.004 | 0.003 | -25% | $3,816,292 |
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