ASX SMALL CAP WINNERS:

Opthea (ASX:OPT) +153%

A one-day gain of 148 per cent this week makes Opthea easily the best-performing small cap health or biotech stock on the ASX, at a time when the majority are trending downwards.

On Wednesday, the company announced that its OPT-302 drug had worked in a Phase II clinical trial in patients with wet age-related macular degeneration (AMD).

CEO Megan Baldwin told a broker gathering the trial results were “just the start”.

“We have a drug we’ve demonstrated in a highly powered trial that’s showing a clinically meaningful benefit over and above standard treatment,” she said.

“This is the only drug that has achieved this endpoint to this level of significance.”

 

Golden Rim Resources (ASX:GMR): +64%

A stampede of positive exploration or mining announcements usually coincide with the Diggers & Dealers conference in Kalgoorlie.

This year was no different. At the small cap end, Golden Rim’s big hits at the Kouri gold project in Burkina Faso proved a standout.

Intersections included 1m at 783.8g/t gold from 44m, inside a larger 7m intercept grading 121.2g/t. That’s outrageous.

Visible gold following the panning of drill chips from the 783.8g/t gold interval.

Golden Rim’s Craig Mackay says these are the best drilling results from Kouri so far – but seems optimistic there’s more to come.

“To date we have only explored a small portion of the entire granite area within which Diabatou [target] is located,” he says.

 

Sky Metals (ASX:SKY) +59%

Sky Metals’ maiden exploration drilling program at the Tallebung tin project in NSW is already coming up with the goods.

The first core hole (TBD001) would be extended past its originally planned depth of 650m, the explorer says, because it just keeps hitting mineralisation.

Chief exec Peter Duerden says the results demonstrate the existence of “a large scale mineralising system”.

Here are the best performing ASX small cap stocks for August 02-09 (intraday):

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

Ticker Name Price last Friday Price this Friday [intraday] Total Return % Market Cap
OPT OPTHEA 0.865 2.120 153 $546,200,000.00
ICU ISENTRIC 0.007 0.012 71 $2,203,860.50
FRX FLEXIROAM 0.020 0.034 70 $8,230,837.50
TMX TERRAIN MINERALS 0.003 0.004 67 $3,218,660.00
GMR GOLDEN RIM RESOURCES 0.011 0.020 64 $13,917,973.00
SVL SILVER MINES 0.084 0.130 61 $101,657,224.00
DDT DATADOT TECHNOLOGY 0.005 0.008 60 $6,484,851.00
AHK ARK MINES 0.020 0.032 60 $1,764,144.25
SKY SKY METALS 0.063 0.094 59 $25,469,564.00
MZN MARINDI METALS 0.001 0.002 50 $4,496,742.00
PSM PENINSULA MINES 0.002 0.003 50 $3,038,616.25
MLS METALS AUSTRALIA 0.001 0.002 50 $4,390,796.50
ELT ELEMENTOS 0.004 0.006 50 $9,265,986.00
VIC VICTORY MINES 0.001 0.002 50 $2,044,848.25
SRN SUREFIRE RESOURCES 0.006 0.008 50 $4,528,383.00
DEV DEVEX RESOURCES 0.060 0.090 42 $11,309,299.00
LML LINCOLN MINERALS 0.005 0.007 40 $4,024,885.75
KRM KINGSROSE MINING 0.037 0.047 38 $37,230,376.00
ERL EMPIRE RESOURCES 0.009 0.012 33 $7,461,776.50
IVR INVESTIGATOR RESOURCES 0.018 0.025 33 $17,759,328.00
GBZ GBM RESOURCES 0.003 0.004 33 $4,362,388.00
ANW AUS TIN MINING 0.006 0.008 33 $17,725,494.00
THD THRED 0.002 0.002 33 $3,578,781.75
GPP GREENPOWER ENERGY 0.002 0.001 33 $4,004,490.50
GTE GREAT WESTERN EXPLORATION 0.003 0.004 33 $5,010,798.00

 

ASX SMALL CAP LOSERS:

At this end of the market, a light breeze could mean a multi-bagger win or a huge loss.

Most of these guys are down on no news at all, in other words. Have a great weekend everyone.

Here are the worst performing ASX small cap stocks for August 02-09 (intraday):

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

Ticker Name Price last Friday Price this Friday [intraday] Total Return % Market Cap
WWG WISEWAY GROUP 0.220 0.170 -23 $20,582,580.00
BAR BARRA RESOURCES 0.026 0.020 -23 $10,777,815.00
NHL NOVITA HEALTHCARE 0.013 0.010 -23 $4,493,051.50
CIO CONNECTED IO 0.007 0.005 -23 $9,065,425.00
P2P P2P TRANSPORT 0.170 0.120 -24 $11,607,087.00
VP7 VELOCITY PROPERTY GROUP 0.025 0.019 -24 $6,876,508.50
TKM TREK METALS 0.004 0.003 -25 $1,314,764.63
LCY LEGACY IRON ORE 0.004 0.003 -25 $4,404,792.50
SBR SABRE RESOURCES 0.008 0.006 -25 $2,852,302.00
MHC MANHATTAN CORP 0.003 0.003 -25 $2,223,836.00
DRE DREADNOUGHT RESOURCES 0.004 0.004 -25 $4,399,018.50
OAR OAKDALE RESOURCES 0.012 0.010 -25 $1,878,573.25
CZR COZIRON RESOURCES 0.015 0.010 -27 $19,641,064.00
SVA SIMAVITA 0.017 0.013 -28 $5,431,115.50
CA8 COASSETS 0.140 0.100 -29 $20,654,316.00
FGO FLAMINGO AI 0.007 0.006 -29 $5,600,638.50
HOR HORSESHOE METALS 0.014 0.010 -29 $1,946,521.88
PBX PACIFIC BAUXITE 0.007 0.005 -29 $1,983,070.13
JHL JAYEX HEALTHCARE 0.048 0.035 -29 $5,868,843.00
COY COPPERMOLY 0.006 0.007 -30 $14,890,498.00
CAD CAENEUS MINERALS 0.002 0.001 -33 $2,141,260.25
UTR ULTRACHARGE 0.003 0.002 -33 $2,146,761.25
CAV CARNAVALE RESOURCES 0.003 0.002 -33 $2,265,653.75
MNC METMINCO 0.003 0.002 -33 $2,375,881.25
XPE XPED 0.002 0.001 -33 $1,506,830.75
RNX RENEGADE EXPLORATION 0.004 0.002 -38 $1,781,566.63
YPB YPB GROUP 0.010 0.007 -40 $6,899,631.50
AYM AUSTRALIA UNITED MINING 0.002 0.001 -50 $1,842,577.50
AKN AUKING MINING 0.002 0.001 -50 $932,584.44