ASX small cap winners April 8-12

Diversified industrials play AJ Lucas (ASX:AJL) posted the biggest weekly gain this week, climbing by almost 70 per cent after three straight days of double-digit percentage gains.

There were no major announcements from the company for traders to respond to, although on the previous Wednesday AJL told the market it had renegotiated the terms of a debt funding agreement with its Singapore-based financier.

It was also a good week for fintech company 8Common (ASX:ACO), which posted a 60 per cent weekly gain to 8 cents a share.

Shares in 8Common rose strong for the last three days of the week after the company released its quarterly 4C filing on Wednesday, which showed a 72 per cent increase in quarterly revenue to $955,000.

Junior explorer Argent Minerals (ASX:ARD) had a good week, rising by almost 60 per cent to 2.2 cents per share — its highest level since June last year.

It followed an announcement early last week that the company had commenced drilling at its Pine Ridge gold mine. After two days of heavy buying, Argent Minerals’s price cooled off in Friday trade and was down by around 13 per cent as at 2pm AEST.

And New World Cobalt (ASX:NWC) closed the week more than 50 per cent higher, after rocketing up by 75 per cent on Tuesday when it announced the acquisition of the Jones Hill VMS gold deposit in New Mexico, USA, along with 4,300 acres of prospective land next door.

Here are the best performing ASX small cap stocks for April 8-12 (prices as at 2pm Friday, eastern time).

Ticker Name Market cap Price last Friday Price this Friday % change
AJL AJ LUCAS GROUP LTD $116,265,072.00 0.092 0.155 68
8CO 8COMMON LTD $10,493,974.00 0.05 0.08 60
ARD ARGENT MINERALS LTD $11,633,700.00 0.014 0.022 57
NWC NEW WORLD COBALT LTD $9,375,800.00 0.011 0.017 55
RXL ROX RESOURCES LTD $13,846,586.00 0.008 0.012 50
CYQ CYCLIQ GROUP LTD $2,860,537.25 0.002 0.003 50
VAL VALOR RESOURCES LTD $5,679,577.00 0.002 0.003 50
VAR VARISCAN MINES LTD $1,906,610.38 0.001 0.0015 50
RXH REWARDLE HOLDINGS LTD $1,578,964.50 0.002 0.003 50
QGL QUANTUM GRAPHITE LTD $22,687,282.00 0.002 0.003 50
IVX INVION LTD $143,015,760.00 0.017 0.025 47
AAU ADCORP AUSTRALIA LTD $4,550,745.50 0.007 0.01 43
DVL DORSAVI LTD $11,628,957.00 0.04 0.057 43
NET NETLINKZ LTD $152,311,168.00 0.081 0.0115 42
RFT RECTIFIER TECHNOLOGIES LTD $62,877,428.00 0.035 0.049 40
SP3 SPECTUR LTD $7,591,809.50 0.097 0.135 39
RHT RESONANCE HEALTH LTD $50,312,196.00 0.09 0.125 39
KIS KING ISLAND SCHEELITE LTD $23,574,806.00 0.065 0.09 38
AEI AERIS ENVIRONMENTAL LTD $43,408,036.00 0.16 0.22 38
REY REY RESOURCES LTD $53,096,316.00 0.19 0.26 37
VAN VANGO MINING LTD $110,435,648.00 0.14 0.19 36
DRO DRONESHIELD LTD $25,139,240.00 0.1 0.135 35
B2Y BOUNTY MINING LTD $44,292,288.00 0.086 0.115 34
ANL AMANI GOLD LTD $7,380,455.00 0.0015 0.002 33
IVO INVIGOR GROUP LTD $10,377,550.00 0.003 0.004 33
TSC TWENTY SEVEN CO LTD $3,568,245.25 0.003 0.004 33
SI6 SIX SIGMA METALS LTD $1,830,012.63 0.003 0.004 33
AOA AUSMON RESOURCES LTD $2,198,557.25 0.003 0.004 33
ROG RED SKY ENERGY LTD $3,339,626.50 0.003 0.004 33
REV REAL ESTATE INVESTAR GROUP L $1,865,640.88 0.006 0.008 33
RNX RENEGADE EXPLORATION LTD $2,850,506.50 0.003 0.004 33
HHM HAMPTON HILL MINING NL $5,896,107.50 0.015 0.02 33
UNL UNITED NETWORKS LTD $2,516,499.00 0.015 0.02 33
EM2 EAGLE MOUNTAIN MINING LTD $18,505,320.00 0.15 0.2 33
PLL PIEDMONT LITHIUM LTD $107,260,856.00 0.125 0.165 32
LNY LANEWAY RESOURCES LTD $55,200,988.00 0.011 0.015 32
IHR INTELLIHR HOLDINGS LTD $15,450,283.00 0.11 0.145 32
AR9 ARCHTIS LTD $16,618,093.00 0.11 0.145 32
BRI BIG RIVER INDUSTRIES LTD $70,018,016.00 1.01 1.32 31
AGR AGUIA RESOURCES LTD $28,797,152.00 0.135 0.175 30

ASX small cap losers April 8-12

It was a rough week for the minnows, as embattled 3D printing company 333D Limited (ASX:T3D) lost half its value to fall to 0.1 cents per share. The declines came on no news, although it’s not the first time 333D’s share price has fluctuated with big percentage gains beneath the one-cent mark.

And graphite play Metals Australia (ASX:MLS) also lost 50 per cent to fall to 0.1 cents, as it continues to lose momentum after hitting a recent high of 3.5 cents per share last November. The company completed a capital raise in March to finance development of its Lac Rainy project in Quebec, Canada.

Elsewhere, there were heavy percentage falls among the usual round of small-cap mining minnows. Of the 33 companies that posted a weekly loss of more than 20 per cent, just five of them had a market capitalisation of more than $10 million.

Here are the worst performing ASX small cap stocks for April 8-12 (prices as at 2pm Friday, eastern time).

Ticker Name Market cap Price last Friday Price this Friday % change
MLS METALS AUSTRALIA LTD $4,037,696.75 0.002 0.001 -50
T3D 333D LTD $881,226.19 0.002 0.001 -50
IS3 I SYNERGY GROUP LIMITED $24,714,192.00 0.23 0.135 -41
SBR SABRE RESOURCES LTD $1,220,920.88 0.005 0.003 -40
NME NEX METALS EXPLORATION LTD $2,097,255.00 0.018 0.011 -39
BTC BTC HEALTH LTD $9,772,240.00 0.12 0.075 -35
GBZ GBM RESOURCES LTD $4,362,388.00 0.006 0.004 -33
AJC ACACIA COAL LTD $4,067,651.75 0.0015 0.001 -33
EER EAST ENERGY RESOURCES LTD $6,401,974.00 0.003 0.002 -33
APG AUSTPAC RESOURCES NL $2,095,481.75 0.0015 0.001 -33
CLZ CLASSIC MINERALS LTD $3,005,720.00 0.0015 0.001 -33
LIN LINDIAN RESOURCES LTD $5,667,182.00 0.019 0.013 -32
GCR GOLDEN CROSS RESOURCES LTD $2,845,422.25 0.04 0.028 -30
NTI NEUROTECH INTERNATIONAL LTD $1,085,951.00 0.01 0.007 -30
AXT ARGO EXPLORATION LTD $1,829,700.00 0.014 0.01 -29
TKM TREK METALS LTD $1,561,518.13 0.007 0.005 -29
AMT ALLEGRA ORTHOPAEDICS LTD $9,955,905.00 0.14 0.10 -29
ENT ENTERPRISE METALS LTD $3,612,714.75 0.012 0.009 -25
PDI PREDICTIVE DISCOVERY LTD $2,125,278.50 0.012 0.009 -25
AZI ALTA ZINC LTD $4,106,897.00 0.004 0.003 -25
MRD MOUNT RIDLEY MINES LTD $3,499,296.50 0.002 0.0015 -25
TMX TERRAIN MINERALS LTD $1,931,196.00 0.004 0.003 -25
BUY BOUNTY OIL & GAS NL $3,813,604.00 0.004 0.003 -25
TOM TOMIZONE LTD $1,275,602.00 0.004 0.003 -25
SRO SHAREROOT LTD $2,354,181.50 0.002 0.0015 -25
NGY NUENERGY GAS LTD $22,214,332.00 0.02 0.015 -25
IXU IXUP LTD $14,259,938.00 0.119999997 0.090000004 -25
OLH OLDFIELDS HOLDINGS LTD $3,780,105.00 0.061000001 0.046 -25
HWK HAWKSTONE MINING LTD $7,984,452.00 0.017000001 0.013 -24
WEL WINCHESTER ENERGY LTD $14,092,091.00 0.044 0.034000002 -23
GBR GREAT BOULDER RESOURCES LTD $8,569,062.00 0.135000005 0.104999997 -22
OXX OCTANEX LTD $1,908,990.63 0.009 0.007 -22
AHL AHALIFE HOLDINGS LTD $4,706,524.50 0.009 0.007 -22
DSE DROPSUITE LTD $16,785,138.00 0.043000001 0.034000002 -21