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(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday.
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AIM - WINNERS
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Strategic Minerals PLC, up 6.7% at 0.42 pence, 12-month range 0.0025p-0.50p. Reports first-quarter sales revenue of USD1.2 million, up 41% on-year from USD840,000 as sales volumes rise 38% to 17,162 tonnes from 12,393 tonnes. Also reports a cash balance of USD530,000 at March 31 against USD250,000 a year before, due to "strong" quarterly sales volumes at the Cobre magnetite operation in the US state of New Mexico. "The company continued to post strong operational and financial results in the first quarter of 2025 which will support the renewed focus on critical minerals exploration and development at the Redmoor tungsten-tin-copper project in Cornwall," says Executive Director Mark Burnett.
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Cambridge Cognition Holdings PLC, up 4.2% at 38.00 pence, 12-month range 26.40p-54.98p. Wins a new contract worth around GBP1.2 million with an unnamed "major" pharmaceutical firm for the provision of digital cognitive and voice assessments for two phase 3 clinical trials in adolescents with major depressive disorder. Both trials are set to begin this year, with the first to run until 2027 and the second through to 2029. "This strategically important contract win highlights the value of our integrated speech and cognitive platform that not only delivers robust and reliable results for the pharmaceutical company but also reduces trial costs and patient burden. As a result, we see significant future demand for our unique platform, and we remain confident in our ambitions to significantly grow sales in the high-impact, late-stage CNS trials market over the coming years," says Chief Operating Officer & Joint Managing Director Rob Baker.
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AIM - LOSERS
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Oracle Power PLC, down 6.7% at 0.020p, 12-month range 0.012p-0.075p. Says assay results to date at the Northern Zone intrusive hosted gold project in Western Australia continue to confirm the presence of high grade gold intercepts within a lower grade gold halo. Chief Executive Officer Naheed Memon says: "These latest results complement the previous results, and those released since late 2023, as we increase the footprint of the gold mineralisation. The results continue to meet or exceed our expectations, revealing good tenor within the shallower oxide gold mineralisation at the top of the mineralised porphyry. We have a total of 1,756 samples in the lab awaiting assay from 36 drill holes to be reported in due as we continue to advance the Northern Zone project."
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By Emily Parsons, Alliance News reporter
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