Closing Bell: Today’s biggest small cap movers on the ASX

Estimated read time 2 min read

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike.

Data is taken at the market close – at 4pm AEDT.

Stocks highlighted in yellow rose after making announcements.

 

WINNERS

Code Company Price % Volume BAS Bass Oil Ltd 0.002 100 2492524 CCE Carnegie Cln Energy 0.002 100 16214754 VPR Volt Power Group 0.0035 75 20641033 HWK Hawkstone Mng Ltd 0.018 38 128541167 OEQ Orion Equities 0.175 35 381258 OEL Otto Energy Limited 0.013 30 11471869 VUL Vulcan Energy 6.44 29 4643752 VAL Valor Resources Ltd 0.007 27 86974682 BRL Bathurst Res Ltd. 0.054 26 4703497 LIT Lithium Australia NL 0.099 25 51441549 MBK Metal Bank Ltd 0.015 25 5793613 FPL Fremont Petroleum 0.005 25 23681506 ARR American Rare Earths 0.1 23 10776969 CDX Cardiex Limited 0.09 23 9929500 CYC Cyclopharm Limited 3.1 23 102543 TTB Total Brain Ltd 0.44 22 1086306 REE Rarex Limited 0.14 22 11307945 RNE Renu Energy Ltd 0.063 21 3317536 EGY Energy Tech Ltd 0.145 21 559567 RNU Renascor Res Ltd 0.018 20 26700771

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High flying lithium play Vulcan (ASX:VUL) gained another 30 per cent today.

Today’s catalyst for its rise was a Pre-Feasibility Study (PFS) on its Zero Carbon lithium project in Germany, which shows “reasonable” Phase 1 construction costs of about $1.09 billion.

Thanks to low operator costs, it would take just five years to pay that back.

Uranium play Valor Resources Ltd (ASX:VAL) rose off the back of no company news leading to a price query.

In response to the ASX, it mentioned Tolga Kumova’s reference to the company in his Stockhead interview as a possible reason for the move.

 

LOSERS

Code Company Price % Volume YPB YPB Group Ltd 0.003 -25 67171271 WOO Wooboard Tech Ltd 0.002 -20 312434 TIG Tigers Realm Coal 0.009 -18 16178963 HNR Hannans Ltd 0.005 -17 5934210 MGL Magontec Limited 0.016 -16 922508 XST Xstate Resources 0.006 -14 12185082 RDS Redstone Resources 0.013 -13 428616 MRD Mount Ridley Mines 0.0035 -13 12128696 OVT Ovato Limited 0.007 -13 3716149 AVC Auctus Invest Grp 0.745 -12 29050 PXX Polarx Limited 0.036 -12 1216163 SAN Sagalio Energy Ltd 0.029 -12 2395452 TYR Tyro Payments 2.32 -12 7430869 AFW Applyflow Limited 0.008 -11 7446129 PRM Prominence Energy NL 0.008 -11 10362925 COS Cosol Limited 0.63 -10 96948 FFC Farmaforce Ltd 0.09 -10 19274 PWN Parkway Minls NL 0.009 -10 146866 TMK Tamaska Oil Gas Ltd 0.009 -10 1596557 VAR Variscan Mines Ltd 0.028 -10 80000 SRZ Stellar Resources 0.019 -10 250357

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It was tough week for large cap EFTPOS company Tyro Payments (ASX:TYR).

Earlier this week it announced its merchant customers have been experiencing an issue with 15 per cent of Tyro’s terminal fleet since Tuesday.

It fell another 12 per cent today before entering a trading halt pending a response to a report that it claimed made false assertions about the situation.

The post Closing Bell: Today’s biggest small cap movers on the ASX appeared first on Stockhead.

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