Thor Energy Share News (THR)

Thor Energy Information

Share Price Information for Thor Energy (THR)

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0.55 0.00 (0.00%)

Bid:

0.50

Ask:

0.60

Spread: 0.10 (20.00%)

Market Cap: £5.67m

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AIM WINNERS & LOSERS: Mirriad in Group Black deal; Jubilee profit down

Mon, 31st Mar 2025 11:12

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday.

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AIM - WINNERS

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Mirriad Advertising PLC, up 61% at 0.40 pence, 12-month range 0.12p-2.40p. The company partners with Group Black Inc, a media company. The deal will see Mirriad integrate adverts into Group Black's content. Mirriad is a virtual product placement and in-content advertising platform.

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Thor Energy PLC, up 7.0% at 0.62 pence, 12-month range 0.50p-1.40p. Says independent assessment of prospective resources at the HY-Range project in South Australia "vastly exceed company expectations". Thor Energy owns just over 80% of RSEL 802, which houses the asset. "We are excited by the hugely significant prospective resource estimates for natural hydrogen and helium at our HY-Range project within RSEL 802. This assessment, conducted by RISC Advisory, highlights the potential of this licence, which is underpinned by compelling geological factors and historical hydrogen and helium occurrences in the region," Managing Director Andrew Hume says.

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AIM - LOSERS

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Jubilee Metals PLC, down 10% at 3.42p, 12-month range 3.20p-8.90p. It reports sharply lower half-year profit following severe power disruptions in Zambia, mounting costs, and a lower chrome price. The metal processing company, with projects in South Africa and Zambia, says pretax profit plunges by 74% to USD1.5 million for the six months that ended December 31 from USD5.5 million a year earlier. Revenue rose 51% to USD141.5 million from USD93.7 million, driven mainly by increased production of chrome concentrates. But operating costs rose 21% to USD15.4 million from USD12.8 million, while finance costs increased 31% to USD5.1 million from USD3.9 million. Gain on fair value adjustments was just USD708,000, down from USD3.6 million.

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By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com