ASX small cap winners March 11-15

Lithium play Strike Resources (ASX:SRK) led the pack this week, rocketing from 4 cents to above 10 cents for a weekly gain of 150 per cent,

Investors were excited by Strike’s acquisition of a 90 per cent interest in a prospective lithium site in Argentina.

The site supposedly sits within South America’s ‘Lithium Triangle’ in north-west Argentina. The company is targeting a fast-track exploration program to test geological models for production of lithium carbonates.

And junior explorer Ausmex (ASX:AMG) had a good week, after spiking on Thursday when it announced 3D geophysical modelling revealed a “massive” conductive structure at its Golden Mile tenements in Queensland.

Shares in the mining company, led by an experienced team with a strong history of value creation, closed the week at 13 cents for a gain of 101 per cent.

Elsewhere, there were big moves for Kalnorth Gold (ASX: KGM) which spiked on Thursday after releasing its half-year accounts earlier in the week.

And health and wellness company Skin Elements (ASX: SKN) surged by almost 140 per cent to 4.3 cents per share before going into a trading halt on Thursday.

Here are the best performing ASX small cap stocks for March 11-15:

ASX code Company Market Cap Price this Friday Price last Friday One-week change
SRK STRIKE RESOURCES LTD $15,260,098.00 0.105 0.042 150
SKN SKIN ELEMENTS LTD $6,206,301.50 0.043 0.018 139
KGM KALNORTH GOLD MINES LTD $6,259,680.50 0.007 0.003 133
GBG GINDALBIE METALS LTD $40,490,200.00 0.027 0.012 125
AMG AUSMEX MINING GROUP LTD $63,923,920.00 0.155 0.077 101
KLH KALIA LTD $10,057,390.00 0.004 0.002 100
VRM VERDANT MINERALS LTD $33,112,844.00 0.030 0.015 100
TMK TAMASKA OIL & GAS LTD $3,920,000.00 0.002 0.001 100
BMT BERKUT MINERALS LTD $7,875,916.50 0.145 0.082 77
AWV ANOVA METALS LTD $9,586,984.00 0.015 0.009 67
SRN SUREFIRE RESOURCES NL $2,203,268.25 0.005 0.003 67
ICQ ICAR ASIA LTD $67,265,816.00 0.175 0.115 52
JXT JAXSTA LTD $39,259,244.00 0.180 0.120 50
EMU EMU NL $8,662,812.00 0.066 0.044 50
RXH REWARDLE HOLDINGS LTD $1,578,964.50 0.003 0.002 50
GTE GREAT WESTERN EXPLORATION LT $5,791,196.00 0.006 0.004 50
AVW AVIRA RESOURCES LTD $3,000,000.00 0.003 0.002 50
OLI OLIVER'S REAL FOOD LTD $8,524,885.00 0.034 0.023 48
UWL UNITI WIRELESS LTD $32,100,772.00 0.245 0.170 44
NVX NOVONIX LTD $83,733,624.00 0.680 0.480 42
CT1 CCP TECHNOLOGIES LTD $4,907,837.50 0.011 0.008 37
ENR ENCOUNTER RESOURCES LTD $25,188,008.00 0.096 0.070 37
PDI PREDICTIVE DISCOVERY LTD $2,833,704.75 0.012 0.009 33
CYQ CYCLIQ GROUP LTD $3,814,049.75 0.004 0.003 33
MHC MANHATTAN CORP LTD $2,965,114.75 0.004 0.003 33
DUB DUBBER CORP LTD $167,275,888.00 1.085 0.820 32
NCR NUCOAL RESOURCES LTD $19,215,310.00 0.025 0.019 32
TIE TIETTO MINERALS LTD $28,655,118.00 0.125 0.095 32
SL1 SYMBOL MINING LTD $9,943,727.00 0.017 0.013 31
VRS VERIS LTD $28,352,966.00 0.078 0.060 30
HMX HAMMER METALS LTD $8,486,021.00 0.027 0.021 29
AVH AVITA MEDICAL LTD $335,599,136.00 0.180 0.140 29
RXL ROX RESOURCES LTD $11,329,025.00 0.009 0.007 29
ARD ARGENT MINERALS LTD $7,081,382.50 0.014 0.011 27
HOR HORSESHOE METALS LTD $2,725,130.75 0.014 0.011 27
SRZ STELLAR RESOURCES LTD $4,936,275.50 0.014 0.011 27
FTZ FERTOZ LTD $26,894,518.00 0.210 0.165 27
SVT SERVTECH GLOBAL HOLDINGS LTD $4,054,105.00 0.019 0.015 27
LNU LINIUS TECHNOLOGIES LTD $41,331,292.00 0.044 0.035 26
ANL AMANI GOLD LTD $8,706,819.00 0.002 0.002 25
ICG INCA MINERALS LTD $15,092,677.00 0.005 0.004 25
MZN MARINDI METALS LTD $9,923,794.00 0.005 0.004 25
PRL PETREL ENERGY LTD $12,072,187.00 0.005 0.004 25

ASX small cap losers March 11-15

Red Emperor Resources (ASX: RMP) came back to earth with a thud, after rocketing higher last week following an announcement on its drilling operations at the Winx-1 oil & gas well in Alaska.

Unfortunately, it turned out to be a dud. The clay formation in the Winx area makes it hard to get the oil out and also takes up more space, so there’s less oil to extract. RMP led the market lower with a weekly fall of 84 per cent.

And lithium player Galan (ASX:GLN) also suffered a heavy fall after a rollercoaster of a week.

The company’s stock price initially rocketed above 60 cents (prompting a please-explain from the ASX), before an equally sharp fall to finish the week 50 per cent lower.

A Monday announcement was to blame, as Galan advised that drill hole number two at the Candelas lithium brine project in Argentina wasn’t replicating the success of the first just yet.

Here are the worst performing ASX small cap stocks for March 11-15:

Ticker Name Market cap Price this Friday Price last Friday % change
GPP GREENPOWER ENERGY LTD $3,130,740.75 0.002 0.002 -20
ROG RED SKY ENERGY LTD $1,646,417.63 0.002 0.002 -20
MEB MEDIBIO LTD $3,980,824.00 0.016 0.020 -20
OEX OILEX LTD $10,307,952.00 0.004 0.005 -20
MRR MINREX RESOURCES LTD $1,150,532.75 0.012 0.015 -20
MTC METALSTECH LTD $2,806,893.25 0.024 0.030 -20
BNR BULLETIN RESOURCES LTD $3,585,861.50 0.020 0.025 -20
BGS BIRIMIAN LTD $42,321,620.00 0.160 0.200 -20
TNT TESSERENT LTD $8,618,063.00 0.060 0.075 -20
DXN DATA EXCHANGE NETWORK LTD $14,060,305.00 0.072 0.091 -21
GSS GENETIC SIGNATURES LTD $110,268,552.00 1.060 1.350 -21
LSA LACHLAN STAR LTD $5,277,059.50 0.007 0.009 -22
BUG BUDERIM GROUP LTD $18,064,590.00 0.210 0.270 -22
NES NELSON RESOURCES LTD $4,787,249.00 0.105 0.135 -22
IHR INTELLIHR HOLDINGS LTD $12,644,016.00 0.120 0.155 -23
ZGL ZICOM GROUP LTD $21,714,078.00 0.100 0.130 -23
GSW GETSWIFT LTD $33,934,376.00 0.180 0.235 -23
VEC VECTOR RESOURCES LTD $27,799,068.00 0.013 0.017 -24
CLZ CLASSIC MINERALS LTD $4,508,580.00 0.002 0.002 -25
NSE NEW STANDARD ENERGY LTD $2,364,179.50 0.003 0.004 -25
PNN PEPINNINI LITHIUM LTD $2,456,023.25 0.003 0.004 -25
MRD MOUNT RIDLEY MINES LTD $3,499,296.50 0.002 0.002 -25
ADV ARDIDEN LTD $5,030,640.50 0.003 0.004 -25
RNY RNY PROPERTY TRUST $1,580,483.38 0.006 0.008 -25
MDI MIDDLE ISLAND RESOURCES LTD $6,281,113.00 0.006 0.008 -25
AOA AUSMON RESOURCES LTD $1,638,203.75 0.003 0.004 -25
RNX RENEGADE EXPLORATION LTD $2,137,880.00 0.003 0.004 -25
OVL ORO VERDE LTD $4,667,035.50 0.003 0.004 -25
UNL UNITED NETWORKS LTD $1,132,424.50 0.009 0.012 -25
EQE EQUUS MINING LTD $9,870,045.00 0.011 0.015 -27
TRM TRUSCOTT MINING CORP LTD $1,296,257.00 0.011 0.015 -27
SCI SILVER CITY MINERALS LTD $2,349,682.00 0.008 0.011 -27
88E 88 ENERGY LTD $94,973,104.00 0.015 0.021 -29
ORM ORION METALS LTD $2,390,487.25 0.005 0.007 -29
AKN AUKING MINING LTD $932,584.44 0.001 0.002 -33
VPR VOLT POWER GROUP LTD $8,244,533.50 0.001 0.002 -33
SRO SHAREROOT LTD $1,569,454.38 0.001 0.002 -33
REF REVERSE CORP LTD $1,485,769.00 0.016 0.027 -41
ARO ASTRO RESOURCES NL $2,544,194.75 0.002 0.004 -50
GLN GALAN LITHIUM LTD $34,294,648.00 0.305 0.615 -50
RMP RED EMPEROR RESOURCES NL $8,404,684.00 0.016 0.098 -84