(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.
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AIM - WINNERS
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Alba Mineral Resources PLC, up 12% at 0.385 pence, 12-month range 0.04p-0.58p. Says LL010, the final hole in its phase 1 surface drilling programme at the Clogau-St David's gold mine, has been completed. LL010 was the deepest hole drilled at 176.4 metres. It intersected the Upper Lode quartz vein system from 120 to 129 metres and the Lower Lode quartz vein system from 139 to 145 metres. "Hole LL010 was designed to assess whether the newly identified lode system beneath the Llechfraith mine area extends to 100 metres below those previous workings. In the event, the hole has greatly exceeded our expectations, intersecting the lower lode at a depth of 122 metres below the lowest workings," says Chief Operating Officer Mark Austin.
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Avingtrans PLC, up 9.5% at 329.65p, 12-month range 176.00p-339.5p. The supplier of equipment and services to the energy, medical and industrial markets agrees to sell its Peter Brotherhood unit for GBP35.0 million. Peter Brotherhood Ltd, a Peterborough, England-based firm which Avingtrans acquired in 2017 for GBP9.3 million, will now be part of Howden Group Ltd, a Renfrew, Scotland-based provider of air and gas handling products.
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AIM - LOSERS
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Clear Leisure PLC, down 10% at 2.115p, 12-month range 0.11p-4.49p. Stock falls further after 24% slide on Thursday. On Thursday the investment company said the court hearing for its majority-owned Sipiem SpA has been rescheduled to May 26 due to the Covid-19 delays.
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By Lucy Heming;Â lucyheming@alliancenews.com
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Avingtrans (AVG)
Alba Mineral Resources (ALBA)