Business
These small cap ASX shares surged more than 100% in February
The small-cap space is always filled with explosive ASX shares looking to emerge as the next big thing. Here are the small-cap ASX shares that made headlines in February.
1. Province Resources Ltd (ASX: PRL)
The Province Resources share price surged an eye-watering 460% on 17 February. It’s a Cinderella story for a small-cap ASX share to announce the right kind of acquisition at a time where there is significant investor appetite for green projects.
The company announced its intention to acquire Ozexco Pty Ltd. Ozexco holds 7 exploration licenses in the Gascoyne region in Western Australia, a region that is also one of the hottest and windiest areas with significant solar and wind potential.
The initial exploration and…
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