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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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Kodal Minerals PLC, up 24% at 0.3 pence, 12-month range 0.04p-0.36p. The mineral exploration and development company receives formal correspondence from the Direction Nationale de la Geologie et des Mines in Bamako, Mali notifying it of acceptance of the feasibility study for the mining licence application at the Bougouni lithium project and requesting payment of an application fee for the delivery of the mining licence. Kodal will pay the GBP135,000 fee "promptly", and says request to pay is "very positive development".
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Mineral & Financial Investments Ltd, up 11% at 13.00p, 12-month range 6p-14p. Reports net asset value per share of 17.1p at end of March, up 13% on a year ago.
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OnTheMarket PLC, up 5.7% at 111.00p, 12-month range 50p-145p. Online property portal hails first annual profit since launch. Swings to pretax profit of GBP1.1 million for the financial year ended January 31 from loss of GBP11.7 million the year prior. Chief Executive Jason Tebb says: "We look to the future with great excitement. The UK property market continues to be very active, and our significant market opportunity remains. With our strong foundations and a new vision and strategy, we are well positioned to succeed." OnTheMarket's results follow figures from Halifax on Monday which showed UK house prices continued to rocket as the market heads into the bustling summer period. The average UK property price now stands at GBP261,743, a new record high, Halifax said.
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AIM - LOSERS
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Itaconix PLC, down 15% at 13.80p, 12-month range 1.1p-17.44p. The plant-based polymers firm says revenue in personal care applications for the first five months of 2021 were slightly less than the same period in 2020, and there may be period of variable order patterns as formulators return to work and consumers return to more normal buying behaviours. Overall, group revenue in first five months rises 39% year-on-year due to strong revenue growth in odour control, continued growth in detergents, and small decline in personal care.
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Craneware PLC, down 10% at 2,195p, 12-month range 1,335p-2,830p. Raises USD193.5 million via a share placing to fund the acquisition of US-based Sentry Data Systems Inc. Craneware delivers value cycle via its cloud-based Trisus platform, which collects, analyses, compares, verifies and corrects data so that US hospitals can improve their financial and operational performance as well as patient outcomes. Craneware raises funds via the placement of 6.2 million shares at 2,200p each.
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By Lucy Heming;Â lucyheming@alliancenews.com
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