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(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.
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AIM - WINNERS
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Angus Energy PLC, up 17% at 1.29 pence, 12-month range 0.56p-1.55p. The UK-focused oil and gas company continues to ride an M&A wave. The stock has risen 36% since January 6 when it unveiled a strategic review and formal sales process. Since then, Angus says it has received "at least six bona fide" approaches to participate in the sale process. London-listed, Morocco-focused gas developer Sound Energy PLC has publicly declared its interest in buying Angus.
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Everyman Media Group PLC, up 3.6% at 145.00p, 12-month range 106.00p-161.00p. It expects a stronger-than-expected swing to profit for 2021 as revenue doubles following robust trading since re-opening cinemas. For the year, adjusted earnings before interest, tax, depreciation and amortisation is expected to be above market forecasts of GBP8.3 million, compared to a GBP1.1 million loss the year before.
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AIM - LOSERS
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88 Energy Ltd, down 8.4% at 2.18p, 12-month range 0.41p-4.70p. Returns some recent gains. On Friday, the company says its application to join the US OTCQB Market been accepted. 88 Energy shares have risen more than 50% since the start of 2021. It has risen for five successive sessions prior to Friday.
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Pure Gold Mining Inc, down 7.1% at 38.55p, 12-month range 0.37p-40.27p. The stock returns some of its weekly gains. It rose 7.8% between Monday and Thursday amid a surging gold price. Bullion prices are easing on Friday, however.
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By Eric Cunha; ericcunha@alliancenews.com
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