Weekly ASX small cap wrap: who tripped up this week?
News
News
Mining minnow Dreadnought Resources (ASX: DRE) gained 100 per cent to 0.4 cents this week after announcing it has completed the cash and scrip acquisition of IronRinger Resources.
Dreadnought now plans to commence exploration at its Yampi project in WA “as soon as exploration approvals are received”.
GetSwift (ASX:GSW) shares moved 68 per cent to 29c this week, though it had little in the way of major news out.
The company announced on Tuesday that it had appointed seasoned tech executive Marc Naidoo to its board.
Fellow tech company KNeoMedia (ASX:KNM) was up 61 per cent to 2.6c, thanks to news that Florida’s Department of Education had approved its KneoWorld as a partner product.
KNeoMedia chief James Kellett told investors this access to funding had previously roadblocked the company from significant expansion.
Matador Mining (ASX:MZZ) raised $5 million to be used in the upcoming exploration season, as well as announcing that it would acquire a 100 per cent stake in the Cape Gray gold project.
That pushed shares up 37 per cent to 26c.
Lithium Consolidated (ASX: LI3) had a great week, posting a gain of 55 per cent one day after releasing its latest investor presentation to the market.
The stock was a standout performer last week after announcing it had secured two new lithium exploration licences in northern Mozambique. At 9.1 cents, its share price has now more than doubled from a March 22 closing price of 4.6 cents.
Here are the best performing ASX small cap stocks for April 1-5:
Swipe or scroll to reveal full table. Click headings to sort
Ticker | Name | Market cap | Price last Friday | Price this Friday | % change |
---|---|---|---|---|---|
DRE | DREADNOUGHT RESOURCES LTD | $4,323,260 | 0.002 | 0.004 | 100 |
IAM | INTIGER GROUP LTD | $15,101,062 | 0.005 | 0.009 | 80 |
GSW | GETSWIFT LTD | $60,327,780 | 0.190 | 0.290 | 68 |
DCC | DIGITALX LTD | $37,287,624 | 0.045 | 0.069 | 62 |
KNM | KNEOMEDIA LTD | $18,982,662 | 0.018 | 0.026 | 61 |
LI3 | LITHIUM CONSOLIDATED LTD | $9,990,433 | 0.071 | 0.091 | 55 |
AIR | ASTIVITA LTD | $7,537,184 | 0.093 | 0.140 | 51 |
AJC | ACACIA COAL LTD | $6,101,478 | 0.001 | 0.0015 | 50 |
OGX | ORINOCO GOLD LTD | $6,977,005 | 0.002 | 0.003 | 50 |
CGM | COUGAR METALS NL | $1,598,208 | 0.001 | 0.0015 | 50 |
CLZ | CLASSIC MINERALS LTD | $4,508,580 | 0.001 | 0.0015 | 50 |
FGF | FIRST GROWTH FUNDS LTD | $14,003,634 | 0.006 | 0.009 | 50 |
GCR | GOLDEN CROSS RESOURCES LTD | $4,064,889 | 0.027 | 0.040 | 48 |
FTZ | FERTOZ LTD | $29,455,900 | 0.160 | 0.230 | 44 |
IVX | INVION LTD | $93,510,304 | 0.012 | 0.017 | 42 |
GLN | GALAN LITHIUM LTD | $36,756,640 | 0.230 | 0.325 | 41 |
TKM | TREK METALS LTD | $2,186,125 | 0.005 | 0.007 | 40 |
CUX | CROSSLAND STRATEGIC METALS L | $7,081,525 | 0.005 | 0.006 | 40 |
CLI | CROPLOGIC LTD | $10,381,096 | 0.025 | 0.034 | 40 |
EHX | EHR RESOURCES LTD | $5,066,720 | 0.028 | 0.037 | 39 |
LNY | LANEWAY RESOURCES LTD | $40,480,724 | 0.008 | 0.011 | 37 |
AGR | AGUIA RESOURCES LTD | $20,531,894 | 0.091 | 0.130 | 37 |
MZZ | MATADOR MINING LIMITED | $14,009,667 | 0.190 | 0.260 | 37 |
IEC | INTRA ENERGY CORP LTD | $8,917,653 | 0.017 | 0.023 | 35 |
HNR | HANNANS LTD | $23,855,454 | 0.009 | 0.01 | 33 |
BUY | BOUNTY OIL & GAS NL | $3,813,604 | 0.003 | 0.004 | 33 |
AZI | ALTA ZINC LTD | $5,475,863 | 0.003 | 0.004 | 33 |
CZN | CORAZON MINING LTD | $5,061,134 | 0.003 | 0.004 | 33 |
AJJ | ASIAN AMERICAN MEDICAL GROUP | $40,530,332 | 0.090 | 0.120 | 33 |
ECX | ECLIPX GROUP LTD | $265,298,448 | 0.640 | 0.822 | 30 |
Shares in Neurotech (ASX:NTI) fell 25 per cent to 1.2c this week as the fallout continued from a revelation last week its former strategic adviser had lied about his qualifications.
Dr Adrian Attard Trevisan was terminated from his role after an investigation by a Maltese newspaper found he did not have a PhD in neuroscience from University College London.
The company said he came clean, upon which he was summarily deposed.
There was not a great deal of negative movement amongst small caps based on news this week. $53 million Big River Industries (ASX:BRI) dropped 24 per cent to $1.01.
Here are the worst performing ASX small cap stocks for April 1-5:
Swipe or scroll to reveal full table. Click headings to sort
Ticker | Name | Market cap | Price last Friday | Price this Friday | % change |
---|---|---|---|---|---|
JXT | JAXSTA LTD | $ 65,432,072.00 | 0.375 | 0.3 | -20 |
RHI | RED HILL IRON LTD | $ 10,916,587.00 | 0.25 | 0.2 | -20 |
FRX | FLEXIROAM LTD | $ 8,908,580.00 | 0.05 | 0.039 | -20 |
IOD | IODM LTD | $ 13,482,939.00 | 0.034 | 0.027 | -21 |
8CO | 8COMMON LTD | $ 7,287,482.00 | 0.063 | 0.05 | -21 |
QEM | QEM LTD | $ 10,000,000.00 | 0.12 | 0.095 | -21 |
O | ORA GOLD LTD | $ 4,522,671.00 | 0.009 | 0.008 | -22 |
RMI | RESOURCE MINING CORP LTD | $ 2,073,871.38 | 0.009 | 0.007 | -22 |
IBN | IBUYNEW GROUP LTD | $ 1,525,545.38 | 0.09 | 0.07 | -22 |
AFR | AFRICAN ENERGY RESOURCES-CDI | $ 8,146,957.50 | 0.017 | 0.013 | -24 |
BRI | BIG RIVER INDUSTRIES LTD | $ 53,574,388.00 | 1.35 | 1.01 | -24 |
PKO | PEAKO LTD | $ 1,391,192.88 | 0.025 | 0.019 | -24 |
CYQ | CYCLIQ GROUP LTD | $ 2,860,537.25 | 0.004 | 0.002 | -25 |
ANL | AMANI GOLD LTD | $ 5,535,341.00 | 0.002 | 0.002 | -25 |
TSC | TWENTY SEVEN CO LTD | $ 2,676,183.75 | 0.004 | 0.003 | -25 |
XST | XSTATE RESOURCES LTD | $ 3,421,472.75 | 0.004 | 0.003 | -25 |
NTI | NEUROTECH INTERNATIONAL LTD | $ 1,628,926.38 | 0.016 | 0.012 | -25 |
KP2 | KORE POTASH PLC - CDI | $ 30,073,206.00 | 0.049 | 0.036 | -29 |
CI1 | CREDIT INTELLIGENCE LTD | $ 9,845,126.00 | 0.017 | 0.012 | -29 |
UUV | UUV AQUABOTIX LTD | $ 2,274,563.25 | 0.02 | 0.014 | -30 |
AHK | ARK MINES LTD | $ 613,554.13 | 0.018 | 0.012 | -33 |
VMG | VDM GROUP LTD | $ 12,555,322.00 | 0.003 | 0.002 | -33 |
PNN | PEPINNINI LITHIUM LTD | $ 1,637,348.88 | 0.003 | 0.002 | -33 |
THD | THRED LTD | $ 3,578,781.75 | 0.003 | 0.002 | -33 |
VAR | VARISCAN MINES LTD | $ 1,271,073.63 | 0.0015 | 0.001 | -33 |
DDD | 3D RESOURCES LTD | $ 2,214,442.25 | 0.003 | 0.002 | -33 |
LCY | LEGACY IRON ORE LTD | $ 2,936,528.25 | 0.003 | 0.002 | -33 |
SHK | STONE RESOURCES AUSTRALIA LT | $ 1,623,292.25 | 0.003 | 0.002 | -33 |
AQS | AQUIS ENTERTAINMENT LTD | $ 5,924,513.50 | 0.05 | 0.032 | -36 |
HHM | HAMPTON HILL MINING NL | $ 4,422,080.50 | 0.025 | 0.015 | -40 |
GCY | GASCOYNE RESOURCES LTD | $ 27,311,714.00 | 0.097 | 0.051 | -47 |