Weekly ASX small cap wrap: Who’s decided to rock the world this week?
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Data analytics company Invigor Group Ltd (ASX: IVO) closed 100 per cent higher to 0.6c this week after announcing a new acquisition.
The company said its purchase of the Sun Asia Group will “significantly grow its revenue and strengthen its Asian-focused e-commerce operations”.
Frontier Resources (ASX:FNT) shot up 71 per cent to 1.1c this week on news it had identified significant gold targets from trench, soil and stream sampling that require additional follow‐up drilling and fieldwork at its Tolukuma tenement.
The Tolukuma gold mine contains high grade, narrow epithermal veins with a long history of having its gold reserves continuously extended.
PainChek (ASX:PCK) has got its pain recognition app software into the UK, which boosted shares by 63 per cent to 9.2c.
It’s been a good month for the company, which has seen its share price more than triple since late April, when it revealed that it had secured a $5m grant from the federal government to facilitate the implementation of its pain recognition app in Australian residential aged care centres.
Speculation that China may ban rare earths exports to the US has seen investors flock to ASX-listed rare earths players.
Arafura Resources (ASX:ARU) jumped over 59 per cent to 10c while Greenland Minerals & Energy (ASX:GGG) gained 35 per cent to 14c.
There’s finally been some good news for Oliver’s (ASX:OLI), owner of those health food shops you see at servos on the freeway — its CEO says it’s turning the ship around, and shareholders boosted the price by 50 per cent to 3.7c.
He put the company’s result down to eliminating unnecessary costs and “focus[ing] on the business rather than head-office bullshit”.
And Suda Pharmaceuticals (ASX:SUD) shares jumped 40 per cent to 0.7c. Stockhead had a chat with its new chairman, Paul Hopper.
Here are the best performing ASX small cap stocks for May 27-31:
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Ticker | Name | Price last Friday | Price this Friday | % change | Market cap |
---|---|---|---|---|---|
IVO | INVIGOR GROUP LTD | 0.003 | 0.006 | 100 | $ 16,717,125 |
FNT | FRONTIER RESOURCES LTD | 0.007 | 0.011 | 71 | $ 5,869,224 |
PCK | PAINCHEK LTD | 0.092 | 0.160 | 63 | $ 130,951,816 |
ARU | ARAFURA RESOURCES LTD | 0.063 | 0.100 | 59 | $ 78,140,312 |
RFR | RAFAELLA RESOURCES LTD | 0.070 | 0.110 | 57 | $ 4,184,813 |
RMG | RMG LTD | 0.011 | 0.016 | 54 | $ 10,469,703 |
PEK | PEAK RESOURCES LTD | 0.037 | 0.057 | 51 | $ 44,758,328 |
ODM | ODIN METALS LTD | 0.100 | 0.150 | 50 | $ 23,057,900 |
OLI | OLIVER'S REAL FOOD LTD | 0.022 | 0.037 | 50 | $ 8,274,154 |
KLH | KALIA LTD | 0.001 | 0.001 | 50 | $ 3,771,521 |
UTR | ULTRACHARGE LTD | 0.002 | 0.003 | 50 | $ 3,220,142 |
VPR | VOLT POWER GROUP LTD | 0.001 | 0.001 | 50 | $ 12,366,800 |
JHL | JAYEX HEALTHCARE LTD | 0.034 | 0.054 | 47 | $ 8,380,651 |
AVZ | AVZ MINERALS LTD | 0.044 | 0.071 | 43 | $ 143,841,504 |
B2Y | BOUNTY MINING LTD | 0.070 | 0.100 | 43 | $ 38,515,032 |
JPR | JUPITER ENERGY LTD | 0.017 | 0.024 | 41 | $ 3,681,065 |
SUD | SUDA PHARMACEUTICALS LTD | 0.005 | 0.007 | 40 | $ 18,073,714 |
SPQ | SUPERIOR RESOURCES LTD | 0.005 | 0.007 | 40 | $ 4,816,306 |
CUX | CROSSLAND STRATEGIC METALS L | 0.005 | 0.007 | 40 | $ 7,081,525 |
KNO | KNOSYS LTD | 0.075 | 0.110 | 40 | $ 15,039,735 |
PET | PHOSLOCK ENVIRONMENTAL TECHN | 0.570 | 0.780 | 37 | $ 432,320,864 |
TNR | TORIAN RESOURCES LTD | 0.011 | 0.015 | 36 | $ 3,816,509 |
GGG | GREENLAND MINERALS LTD | 0.096 | 0.140 | 35 | $ 147,244,400 |
GBZ | GBM RESOURCES LTD | 0.003 | 0.004 | 33 | $ 4,362,388 |
ORM | ORION METALS LTD | 0.006 | 0.008 | 33 | $ 3,824,780 |
Argonaut Resources (ASX:ARE) was the biggest faller, down 60 per cent to half a cent.
On Wednesday, it told investors that its partner, Aeris Resources (ASX:AIS), had done a poor job managing the drilling program at its Torrens project in South Australia.
The company released a lengthy statement, to which Aeris later responded to, “strongly disputing” Argonaut’s claims.
And Freedom Oil & Gas (ASX:FDM) fell 24 per cent to 4.2c. It was not, however, due to news from the US that the Department of Energy has ludicrously taken to calling fossil fuels as “freedom molecules”.
Here are the worst performing ASX small cap stocks for May 27-31:
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Ticker | Name | Price last Friday | Price this Friday | % change | Market cap |
---|---|---|---|---|---|
FDM | FREEDOM OIL AND GAS LTD | 0.055 | 0.042 | -24 | $ 45,234,948 |
AIS | AERIS RESOURCES LTD | 0.096 | 0.071 | -24 | $ 33,266,948 |
PBX | PACIFIC BAUXITE LTD | 0.016 | 0.012 | -25 | $ 4,759,369 |
IAM | INTIGER GROUP LTD | 0.002 | 0.002 | -25 | $ 2,516,844 |
RXH | REWARDLE HOLDINGS LTD | 0.004 | 0.003 | -25 | $ 1,578,965 |
GES | GENESIS RESOURCES LTD | 0.008 | 0.006 | -25 | $ 4,697,048 |
MGT | MAGNETITE MINES LTD | 0.007 | 0.005 | -29 | $ 3,993,249 |
CZR | COZIRON RESOURCES LTD | 0.014 | 0.010 | -29 | $ 17,855,512 |
IMC | IMMURON LTD | 0.190 | 0.140 | -29 | $ 22,034,120 |
MBK | METAL BANK LTD | 0.010 | 0.007 | -30 | $ 6,180,050 |
RD1 | REGISTRY DIRECT LTD | 0.040 | 0.028 | -30 | $ 3,619,840 |
BNO | BIONOMICS LTD | 0.144 | 0.104 | -31 | $ 54,468,588 |
HHY | HHY FUND | 0.044 | 0.029 | -32 | $ 3,744,724 |
GLA | GLADIATOR RESOURCES LTD | 0.002 | 0.001 | -33 | $ 1,469,334 |
NSE | NEW STANDARD ENERGY LTD | 0.006 | 0.004 | -33 | $ 3,288,329 |
SRN | SUREFIRE RESOURCES NL | 0.006 | 0.004 | -33 | $ 2,012,615 |
LRS | LATIN RESOURCES LTD | 0.002 | 0.001 | -33 | $ 3,507,426 |
LCY | LEGACY IRON ORE LTD | 0.003 | 0.002 | -33 | $ 2,936,528 |
XST | XSTATE RESOURCES LTD | 0.003 | 0.002 | -33 | $ 2,280,982 |
QGL | QUANTUM GRAPHITE LTD | 0.003 | 0.002 | -33 | $ 15,124,855 |
ATL | APOLLO TOURISM & LEISURE LTD | 0.650 | 0.420 | -37 | $ 76,321,872 |
AHK | ARK MINES LTD | 0.012 | 0.007 | -42 | $ 357,907 |
SUH | SOUTHERN HEMISPHERE MINING | 0.059 | 0.033 | -44 | $ 2,919,493 |
VMG | VDM GROUP LTD | 0.002 | 0.001 | -50 | $ 6,277,661 |
ARE | ARGONAUT RESOURCES NL | 0.010 | 0.005 | -60 | $ 6,217,523 |