(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.
AIM - WINNERS
Craven House Capital, up 24% at 1.00p, 12-month range 0.36p-1.58p. The emerging markets-focused merchant bank notes share price move, says "there are no material unpublished developments in its investee companies which it believes require disclosure."
Bluerock Diamonds, up 14% at 64.22p, 12-month range 31p-101.50p. Miner reports 49% increase in net tonnes to 10.4 million and 53% rise in carats to 516,200 at its Kareevlei Diamond Mine in South Africa.
Kibo Energy, up 8.8% at 0.37p, 12-month range 0.15p-8.5p. The Irish multi-asset energy company says that subsidiary Mast Energy Developments has raised in excess of GBP5 million for its upcoming float on the London Main Market. On listing, Mast is expected to remain a Kibo subsidiary, with Kibo holding at least 55% of Mast on the day of admission.
Ascent Resources, up 7.3% at 14.22p, 12-month range 1.75p-990p. The onshore energy firm says that one of its two development wells on the Petisovci tight gas field in Slovenia has now been put back into production after the discovery of a pressure anomaly.
Falanx Group, up 5.5% at 1.27p, 12-month range 0.51p-2.0p. The cybersecurity services provider says it is seeing good contract momentum in its two divisions and is in discussions for a new loan under the UK government-backed coronavirus business interruption loan scheme. Its Cyber Security division inks a further five new customers as well as an expansion to some existing contracts for Triarii, its enhanced cyber security monitoring service. The order value across these contracts is over GBP700,000, of which around GBP400,000 will fall within this year's calendar year.
Hargreaves Services, up 4.0% at 291.20p, 12-month range 190p-312p. The industrial services provider says it has sold a further phase of land at its Blindwells 1,600-unit residential development site near Edinburgh, Scotland. Has agreed to sell a further 12.9 acre parcel to FTSE 100 housebuilder Persimmon, for a minimum sale value of GBP9.3 million. Persimmon was up 1.8%.
AIM - LOSERS
Caspian Sunrise, down 15% at 1.68p, 12-month range 1.4p-8.0p. The oil and gas company posts an output rise for 2020, though it noted it is still selling crude oil in Kazakhstan "at a 12-month low". This means the company is actually making losses when selling in Kazakhstan, its domestic market. Says domestic sales have recently ranged between 40% and 45% of total oil produced.
By Arvind Bhunjun; firstname.lastname@example.org
Copyright 2021 Alliance News Limited. All Rights Reserved.