Proactive’s Tylah Tully gives a ‘Small Caps Wrap’ - an overview of the strongest performers in the small-cap sector for the week ending Friday, December 6.
Cyprium Metals Ltd (ASX:CYM, OTC:CYPMF) was among the top performers in the small caps sector, gaining 70% to $0.029 per share before settling at $0.026.
The company announced its Board of Directors had rejected an indicative non-binding offer (NBIO) from Appian Capital Advisory to acquire Cyprium at $0.035 per share, citing it as not in the best interests of shareholders.
Lumos Diagnostics Holdings Ltd (ASX:LDX, OTC:LDXHF) recorded a weekly high of $0.043, up 48%.
Polymetals Resources Ltd (ASX:POL) reached a record $0.965 cents, a 46.7% rise, now at $0.90, following updates on its Endeavor Mine redevelopment.
Recruitment plans aim to scale the workforce from six to 230 by next year.
European Lithium Ltd (ASX:EUR, OTCQB:EULIF) rose 44%, Yandal Resources reached $0.30, and Orthocell climbed 31% to $1.13.
Aldoro Resources Ltd (ASX:ARN) saw exceptional growth, surging 186% from $0.089 to $0.255, driven by midweek assay results confirming significant niobium mineralisation on Line 4 with a 0.52% average grade.
AuMega Metals Ltd (ASX:AAM, TSX:AUM, OTCQB:AUMMF) moved upwards by 24.33% to reach $0.046, Silver Mines Ltd (ASX:SVL, OTC:SLVMF) was up by 18.56% to $0.115 and Imugene Ltd (ASX:IMU, OTC:IUGNF) hit $0.0435, up by 17.57%.