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Share Price: 1.35

Bid: 1.30

Ask: 1.40

Change: 0.00 (0.00%)

Spread: 0.10 (7.692%)

Open: 1.35

High: 1.35

Low: 1.35

Prev. Close: 1.35

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AIM WINNERS & LOSERS: Wishbone drill results impress; DeepVerge pact

Mon, 01st Aug 2022 11:14

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

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AIM - WINNERS

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Vast Resources PLC, up 23% at 0.79 pence, 12-month range 0.22p-7.50p. The production and development firm will begin molybdenum concentrate production at the Baita Plai polymetallic project in Romania this month.

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Wishbone Gold PLC, up 18% at 12.66 pence, 12-month range 0.057p-13.79p. The firm reports "encouraging" drill results at the Red Setter gold and copper project in Western Australia.

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DeepVerge PLC, up 6.6% at 16.25 pence, 12-month range 9.02p-33.00p. The environmental and life science firm's Modern Water division wins new orders worth for GBP2.1 million. It will use its all membrane brine concentration technology to treat wastewater for chemical plants in India.

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AIM - LOSERS

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Symphony Environmental Technologies PLC, down 13% at 16.50p, 12-month range 13.66p-28.92p. The plastics and rubber technology developer says revenue in the first half of 2022 declines 39% year-on-year to GBP3.0 million from GBP4.9 million. It notes "short term logistics and resource issues" hit the half-year outturn, though these problems have since been resolved.

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Knights Group Holdings PLC, down 4.3% at 129.48p, 12-month range 83.80p-445.00p. Liberum double downgrades the legal and professional services firm to 'sell' from 'buy'. It slashes its price target to 100p from 290p. The stock has fallen roughly 70% over the past 12 months. The Liberum recommendation between 'buy' and 'sell' is 'hold'.

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By Eric Cunha; ericcunha@alliancenews.com

More News

13 Dec 2022 20:38

TRADING UPDATES: Savannah Energy ends deal; Plaza signs addendum

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

18 Nov 2022 14:18

Wishbone Gold adds to portfolio with Anketell acquisition in Australia

(Alliance News) - Wishbone Gold PLC on Friday said it has completed the acquisition of the Anketell gold-copper project in Western Australia, following on from the agreement announced on August 23.

18 Nov 2022 12:35

Wishbone exercises option to acquire Anketell project

(Sharecast News) - Wishbone Gold has exercised its option to acquire the Anketell Gold-Copper Project, it announced on Friday, under the agreement it reached in August.

28 Sep 2022 13:26

EARNINGS UPDATES: DP Poland loss widens but positive for second half

(Alliance News) - The following is a round-up of earnings reports by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

26 Sep 2022 21:46

TRADING UPDATES: Goldplat appoints chair; 3i portfolios make progress

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

9 Sep 2022 19:11

TRADING UPDATES: BH Macro NAV rises; Rambler warns on balance sheet

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and Thursday and not separately reported by Alliance News:

6 Sep 2022 20:31

TRADING UPDATES: Wishbone drilling impresses; Avation leases aircraft

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

6 Sep 2022 19:31

TRADING UPDATES: Highcroft NAV grows; SulNOx signs deal with Rominserv

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

23 Aug 2022 12:25

IN BRIEF: Wishbone Gold secures option to acquire Ankell project

Wishbone Gold PLC - Gibraltar-based precious metals trading and exploration company with assets in Australia - Signs exclusive 90 day option to acquire the "highly prospective" Ankell gold-copper project for GBP320,192. The consideration consists of GBP50,000 in cash and 2.2 million shares in the company at a deemed issue price of 14.75 pence. The project is located in the Patersons Range area, Western Australia. Agrees to pay vendors an option payment of GBP25,000. Starts due diligence on the project and will complete it during the option period.

17 Aug 2022 17:44

IN BRIEF: Wishbone Gold posts encouraging finds from Red Setter

Wishbone Gold PLC - Gibraltar-based precious metals trading and exploration company with assets in Australia - Drilling at Red Setter project in Australia reveals encouraging results, with the intersection of multiple zones of quartz veining, carbonate and chalcopyrite.

15 Aug 2022 12:02

Second rig begins drilling at Wishbone's Red Setter project

(Sharecast News) - Wishbone Gold announced on Monday that a second drill rig for its Red Setter gold-copper project in the Paterson's Range area in Western Australia was now on site and drilling 230 metres from the first rig.

15 Aug 2022 10:49

IN BRIEF: Wishbone Gold says second rig drilling at Red Setter

Wishbone Gold PLC - Gibraltar-based precious metals trading and exploration company with assets in Australia - Says a second drill rig is now on site and drilling at the Red Setter gold-copper project in Western Australia. The drill is 230 metres from the first drill rig at the project. The Red Setter project is on the company's wholly-owned EL45/5297 licence.

3 Aug 2022 19:41

IN BRIEF: Wishbone Gold secures second drill rig for Red Setter

Wishbone Gold PLC - Gibraltar-based precious metals trading and exploration company with assets in Australia - Secures second drill rig for Red Setter copper-gold project in Patersons Range, Australia.

1 Aug 2022 12:26

IN BRIEF: Wishbone Gold gets encouraging drill results from Red Setter

Wishbone Gold PLC - Gibraltar-based precious metals trading and exploration company with assets in Australia - Reports "encouraging" drill results at the Red Setter gold and copper project in Western Australia. Intersects multiple zones of quartz veining, carbonate and chalcopyrite and pyrrhotite through its WRSDD0003 hole. It is currently at a depth of 370 metres. Plans to renter the WRSDD0002 hole after completion of the current one, and push it further to test for mineralisation.

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AIM WINNERS & LOSERS: Wishbone drill results impress; DeepVerge pact

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