Next week, 210 million turkeys will be consumed for Thanksgiving. And they will be the cheapest they’ve been in nine years.

The 34th American Farm Bureau Federation survey found the average cost of a 16 pound turkey is $US20.80 ($30.65)- down 91c from last year.

This is because the costs of raising turkeys are going down due to improvements in genetics and farming conditions.

 

ASX SMALL CAP WINNERS:

MetalsTech (ASX:MTC) +371%

It’s been a tough 2019 for lithium explorers and MetalsTech, which owns a project in Canada, has been no exception.

But this week it announced it was on course to buy a gold project in Slovakia. It entered into an option agreement in which it has 45 days to complete due diligence on the project then buy if it they want to.

And it’s not just any mine, it’s a place where gold has been mined since the 8th century. It has produced over 1.5 million ounces of gold and 6.7 million ounces of silver.

On Thursday it rocketed up 500 per cent. This was the biggest one day gain for an ASX stock in 2019 – surpassing Actinogen (ASX:ACW) the previous record holder. While it has retreated from its all time highs it still sits a healthy 371 per cent up this week.

Prescient Therapeutics (ASX:PTX) +68% 

Prescient shareholders finished last week with good news about the clinical trial for its anti-cancer drug. The first patient had been dosed in the study, led by Professor Miles Prince.

This week it announced it was collaborating with private company Carina Biotech to develop new cell therapies. Carina’s approach is to utilise a cancer patient’s own immune system to target and attack cancer.

Wiseway Group (ASX:WWG) +38%

It’s hard work to be accredited to export Australian fruit to China. But this week, Wiseway shareholders learnt that the hard work had paid off.

The Department of Agriculture and Water Resources officially accredited its fumigation and treatment facilities. It also signed a business partner, China Marketing Solutions to help with exporting.

Here are the best performing ASX small cap stocks for November 18 – November 22 [intraday]

Swipe or scroll to reveal full table. Click headings to sort:

Code Name Price last Friday Price this Friday % Return Market Cap
MTC METALSTECH LTD 0.014 0.071 371 7.72M
IGN IGNITE LTD 0.027 0.054 100 4.84M
PTX PRESCIENT THERAPEUTICS LTD 0.044 0.089 68 29.18M
APV APPSVILLAGE AUSTRALIA LTD 0.290 0.385 55 30.00M
SUD SUDA PHARMACEUTICALS LTD 0.052 0.080 54 11.38M
GGX GAS2GRID LTD 0.004 0.006 50 7.54M
ECT ENVIRONMENTAL CLEAN TECHNOLOGIES 0.001 0.002 50 14.65M
IKW IKWEZI MINING LTD 0.002 0.004 50 12.20M
RGS REGENEUS LTD 0.066 0.098 48 27.23M
BOC BOUGAINVILLE COPPER LTD 0.105 0.240 48 62.16M
MRR MINREX RESOURCES LTD 0.010 0.014 40 1.34M
WWG WISEWAY GROUP LTD 0.160 0.220 38 30.87M
CRO CIRRALTO LTD 0.006 0.008 33 5.28M
IMU IMUGENE LTD 0.045 0.059 33 216.89M
LIO LION ENERGY LTD 0.025 0.033 32 6.84M
SGI STEALTH GLOBAL HOLDINGS LTD 0.088 0.115 31 10.91M
CGO CPT GLOBAL LIMITED 0.150 0.195 30 7.47M
EHH EAGLE HEALTH HOLDINGS LTD 0.097 0.125 29 40.45M
ADT ADRIATIC METALS PLC-CDI 1.110 1.465 29 246.84M
AHZ ADMEDUS LTD 0.070 0.091 29 53.17M
IPT IMPACT MINERALS LTD 0.007 0.009 29 11.90M
RDN RAIDEN RESOURCES LTD 0.007 0.009 29 3.88M
CNL CELAMIN HOLDINGS LTD 0.082 0.100 28 15.68M
ARN ALDORO RESOURCES LTD 0.125 0.160 28 8.30M
VLT VAULT INTELLIGENCE LTD 0.410 0.505 27 66.56M
AMT ALLEGRA ORTHOPAEDICS LTD 0.190 0.240 26 23.89M
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ASX SMALL CAP LOSERS: 

Prospa (ASX:PGL) -46%

It wasn’t a happy Monday for shareholders of small business lender Prospa. It cut its revenue and earnings forecasts by $13m and $7.3m respectively.

CEO Greg Moshal called this a short term impact and said things were fine in the long term. But the market sent Prospa down 46 per cent this week.

Here are the worst performing ASX small cap stocks for November 18 – November 22 [intraday]

Swipe or scroll to reveal full table. Click headings to sort:

Code Name Price last Friday Price this Friday % Return Market Cap
LCY LEGACY IRON ORE LTD 0.004 0.003 -25 4.40M
KMT KOPORE METALS LTD 0.004 0.003 -25 1.93M
CUX CROSSLAND STRATEGIC METALS L 0.008 0.006 -25 6.07M
OEX OILEX LTD 0.004 0.003 -25 9.91M
ALT ANALYTICA LTD 0.004 0.003 -25 10.56M
MRV MORETON RESOURCES LTD 0.004 0.003 -25 9.32M
AAJ ARUMA RESOURCES LTD 0.004 0.003 -25 2.13M
NOR NORWOOD SYSTEMS LTD 0.004 0.003 -25 6.49M
NWE NORWEST ENERGY NL 0.004 0.003 -25 12.13M
RLC REEDY LAGOON CORP LTD 0.004 0.003 -25 1.21M
UUV UUV AQUABOTIX LTD 0.004 0.003 -25 1.55M
SKN SKIN ELEMENTS LTD 0.016 0.012 -25 1.95M
SMI SANTANA MINERALS LTD 0.004 0.003 -25 2.03M
CXM CENTREX METALS LTD 0.058 0.044 -26 13.57M
MPR MPOWER GROUP LTD 0.028 0.020 -29 3.18M
PVL POWERHOUSE VENTURES LTD 0.099 0.070 -29 2.26M
CAD CAENEUS MINERALS LTD 0.002 0.001 -33 2.33M
CCE CARNEGIE CLEAN ENERGY LTD 0.002 0.001 -33 11.14M
ARO ASTRO RESOURCES NL 0.003 0.002 -33 2.54M
CZN CORAZON MINING LTD 0.003 0.002 -33 4.08M
MLX METALS X LTD 0.180 0.127 -33 108.87M
ECG ECARGO HOLDINGS LTD 0.045 0.030 -33 18.46M
SVA SIMAVITA LTD-CDI 0.008 0.005 -38 2.09M
ACB A-CAP ENERGY LTD 0.017 0.010 -41 8.72M
PGL PROSPA GROUP LTD 3.860 2.280 -46 338.84M
SHK STONE RESOURCES AUSTRALIA LT 0.002 0.001 -50 832.51k
VMG VDM GROUP LTD 0.002 0.001 -50 6.93M
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