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Weekly ASX small cap wrap: Who’s on the hunt for a Black Friday bargain this week?
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Another year, another Black Friday and another record is expected.
The Friday after Thanksgiving has long been the American equivalent of Boxing Day as well as the following Monday (Cyber Monday).
In recent years Black Friday hit Australian shores as well and in 2019 it hit $27.9 billion. It also kicks off the broader Christmas shopping season.
Love or hate Black Friday (or maybe just feel like you’re ripped off the other 364 days a year), at least this year it will be safer in Australia.
covid is going 12M-0 against America and y’all still wanna go black friday shopping??????????????????????????
— sarah lugor! (@sarahlugor) November 27, 2020
ASX SMALL CAP WINNERS
Sparc Technologies (ASX:SPN) +110%
The graphene tech play has more than doubled since its listing on Monday and has recorded this week’s greatest weekly return on the ASX.
It listed through the shell of Acacia Coal and is aspiring to commercialise various graphene-based technologies.
Sparc’s three initial target markets are environmental remediation, metals recovery from tailings and marine and protective coatings.
Revasum (ASX:RVS) +93%
This Californian semiconductor stock has been a perennial struggler since its listing 2 years ago at $2 per share.
But shares went on a run earlier this week after it told shareholders it had made the first shipment of its 6EZ Silicon Carbide Wafer polisher to a major customer.
Latin Resources (ASX:LRS) +63%
This WA explorer excited investors with news that it had commenced drilling at its its Noombenberry halloysite-kaolin project.
Halloysite-kaolin is a metal used in concrete paints, plastics, lithium-ion batteries, nanotube tech and cancer therapeutics (among other things).
2,500m of shallow air-core drilling will confirm the extents of a known kaolinite-halloysite occurrence, with a second phase of infill drilling planned for early in the new year.
Race Oncology (ASX:RAC) + 51%
From 5 cents in July 2019, the company has hit yet another new high of $2.13.
Race has been testing its anti-cancer drug, Bisantrene against various cancers and on Tuesday it announced its latest success.
A pre-clinical study at the University of Newcastle found Bisantrene was effective against certain breast cancers and Race now want to bring on formal clinical trials.
Here are the best performing ASX small cap stocks for November 23 – November 27 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | ReturnWRoll% | MktCap$ |
|---|---|---|---|---|
| SPN | Sparc Tech Ltd | 0.41 | 110 | $ 20,971,002.78 |
| APG | Austpac Resources NL | 0.002 | 100 | $ 6,331,325.91 |
| OEX | Oilex Ltd | 0.002 | 100 | $ 8,239,260.00 |
| RVS | Revasum | 0.425 | 93 | $ 14,114,122.93 |
| KAM | K2 Asset Mgmt Hldgs | 0.1 | 89 | $ 24,108,519.60 |
| NSX | NSX Limited | 0.38 | 81 | $ 101,635,841.56 |
| ECG | Ecargo Hldg | 0.027 | 80 | $ 12,920,250.00 |
| NCL | Netccentric Ltd | 0.053 | 66 | $ 13,912,500.00 |
| LRS | Latin Resources Ltd | 0.039 | 63 | $ 41,324,901.26 |
| MSE | Metalsearch Ltd | 0.047 | 62 | $ 67,573,508.02 |
| GML | Gateway Mining | 0.029 | 61 | $ 55,280,990.04 |
| RGI | Roto-Gro Intl Ltd | 0.061 | 53 | $ 10,176,666.56 |
| PIN | Pinchme.Com | 0.07 | 52 | $ 9,191,441.68 |
| RAC | Race Oncology Ltd | 2.12 | 51 | $ 253,754,572.50 |
| AUQ | Alara Resources Ltd | 0.018 | 50 | $ 11,392,682.21 |
| RMP | Red Emperor Resource | 0.018 | 50 | $ 7,879,391.64 |
| ALT | Analytica Limited | 0.003 | 50 | $ 10,558,837.00 |
| ANL | Amani Gold Ltd | 0.0015 | 50 | $ 14,080,495.12 |
| PBX | Pacific Bauxite Ltd | 0.003 | 50 | $ 1,189,842.10 |
| PCL | Pancontinental Oil | 0.0015 | 50 | $ 8,110,073.23 |
| XPE | Xped Limited | 0.0015 | 50 | $ 2,689,293.04 |
| ANX | Anax Metals Ltd | 0.067 | 49 | $ 17,760,411.26 |
| 2BE | Tubi Limited | 0.098 | 48 | $ 29,481,255.10 |
| CAN | Cann Group Ltd | 0.465 | 48 | $ 137,654,292.78 |
| FGR | First Graphene Ltd | 0.25 | 47 | $ 128,795,026.33 |
| FZR | Fitzroy River Corp | 0.24 | 45 | $ 20,727,216.24 |
| IPD | ImpediMed Limited | 0.16 | 45 | $ 172,255,371.20 |
| GME | GME Resources Ltd | 0.06 | 43 | $ 33,412,015.80 |
| URF | US Masters Res Fund | 0.315 | 37 | $ 117,489,428.81 |
| BDM | Burgundy D Mines Ltd | 0.13 | 37 | $ 23,631,685.96 |
| RCL | Readcloud | 0.665 | 36 | $ 63,801,221.17 |
| TD1 | Tali Digital Limited | 0.038 | 36 | $ 22,479,156.54 |
| SP3 | Specturltd | 0.077 | 35 | $ 8,079,201.28 |
| WKT | Walkabout Resources | 0.175 | 35 | $ 48,878,710.30 |
ASX SMALL CAP LOSERS
Scorpion Metals (ASX:SCN) -40%
This gold explorer has this week’s biggest negative return on the ASX.
It is down 40 per cent despite reporting high-grade gold hits at the Cap Lamp prospect at its Pharos project in WA’s Murchison district.
Nevertheless, Scorpion is still well up in 12 months from 1.1 cents last November but down from its all time high of 10 cents reached 6 weeks ago.
Here are the worst performing ASX small cap stocks for November 23 – November 27 [intraday]:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | ReturnWRoll% | MktCap$ |
|---|---|---|---|---|
| SCN | Scorpion Minerals | 0.059 | -40 | $ 13,541,553.68 |
| TOM | Tomizone Limited | 0.002 | -33 | $ 850,401.35 |
| FUN | Funtastic Limited | 0.093 | -28 | $ 88,807,690.65 |
| SW1 | Swift Media Limited | 0.036 | -27 | $ 20,131,517.26 |
| RDN | Raiden Resources Ltd | 0.026 | -26 | $ 14,570,754.98 |
| CXU | Cauldron Energy Ltd | 0.033 | -25 | $ 15,679,982.92 |
| CLZ | Classic Min Ltd | 0.0015 | -25 | $ 30,536,536.61 |
| UUV | UUV Aquabotix Ltd | 0.0015 | -25 | $ 3,582,562.22 |
| CZL | Cons Zinc Ltd | 0.003 | -25 | $ 12,682,701.53 |
| PSL | Paterson Resources | 0.003 | -25 | $ 13,516,599.18 |
| PCH | Property Connect | 0.0015 | -25 | $ 1,028,795.21 |
| OEL | Otto Energy Limited | 0.009 | -25 | $ 43,155,087.96 |
| KZA | Kazia Therapeutics | 1.33 | -24 | $ 166,539,468.48 |
| EMU | EMU NL | 0.042 | -24 | $ 14,847,228.31 |
| RIM | Rimfire Pacific | 0.01 | -23 | $ 18,062,447.35 |
| POW | Protean Energy Ltd | 0.01 | -23 | $ 3,579,693.12 |
| CIO | Connected Io Ltd | 0.017 | -23 | $ 4,462,992.52 |
| TPS | Threat Protect Ltd | 0.043 | -22 | $ 10,361,119.95 |
| KTA | Krakatoa Resources | 0.063 | -21 | $ 17,384,850.00 |
| REZ | Resourc & En Grp Ltd | 0.052 | -21 | $ 22,447,401.03 |
| MNB | Minbos Resources Ltd | 0.035 | -20 | $ 12,537,988.05 |
| DDB | Dynamic Drill | 0.54 | -20 | $ 15,768,204.12 |
| OEQ | Orion Equities | 0.08 | -20 | $ 1,425,151.12 |
| TZL | TZ Limited | 0.088 | -20 | $ 8,071,853.24 |
| LMG | Latrobe Magnesium | 0.017 | -19 | $ 24,633,558.31 |
| SCU | Stemcell United Ltd | 0.013 | -19 | $ 9,402,517.10 |
| CRS | Caprice Resources | 0.305 | -19 | $ 19,063,167.28 |
| TMZ | Thomson Res Ltd | 0.079 | -19 | $ 22,066,375.60 |
| SFM | Santa Fe Minerals | 0.098 | -18 | $ 7,136,241.32 |
| AMO | Ambertech Limited | 0.16 | -18 | $ 12,997,349.15 |
| AEV | Avenira Limited | 0.014 | -18 | $ 12,079,939.45 |
| N1H | N1 Holdings Ltd | 0.07 | -18 | $ 5,708,890.11 |
| DEG | De Grey Mining | 0.99 | -18 | $ 1,278,415,061.00 |
