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(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.
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AIM - WINNERS
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Aura Energy Ltd, up 16% at 17.80 pence, 12-month range 3.19p-23.00p. Continues to progress field activities on several fronts for the advancement of the Tiris uranium project and Tasiast South gold project, both in Mauritania. Elsewhere, Aura says the initial induced polarisation survey on its Tasiast South gold project responded well, but in the southern gold tenements the technique was less effective. Subsequently, the company has now mobilised a drilling crew for an augur drilling program in that area. This will test targets and structures identified by the gravity survey and is expected to generate targets for deeper reverse circulation and diamond drilling.
Botswana Diamonds PLC, up 6.6% at 1.15p, 12-month range 0.56p-1.35p. The diamond miner says it is assessing commercial mine alternatives for its Thorny River project in South Africa. Botswana Diamonds says drilling results have increased resource estimates. "The two thickest intersections close to the River Blow are particularly exciting. Given these results, we are now examining commercial mine alternatives," Chair John Teeling says.
Appreciate Group PLC, up 6.1% at 29.29p, 12-month range 24.00p-46.26p. The prepaid gift cards and vouchers provider reports improvement in redemptions as Covid restrictions have eased. Says second-quarter Corporate & Gifting billings in are 15% ahead of levels seen in financial 2020 with year-to- date billings up 3.6%. Says this is a "considerable improvement" on the first quarter, which was 6.0% lower than the same period in financial 2020.
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AIM - LOSERS
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Real Good Food PLC, down 20% at 2.73p, 12-month range 2.00p-5.40p. The food producer says it is considering delisting from AIM to save costs and provide greater agility and flexibility to maximise shareholder value. For financial year to March 31, revenue slips to GBP37.3 million from GBP41.2 million and pretax loss narrows to GBP6.1 million from GBP23.1 million. Real Good Food pays no final dividend, opting to focus on reducing "level of debt".
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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