AIM WINNERS & LOSERS: ECO Animal Health Jumps After Suspension Lifted

Thu, 04th Feb 2021 11:13

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

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AIM - WINNERS

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ECO Animal Health Group, up 29% at 319 pence, 12-month range 110p-331.5p. The livestock pharmaceutical products firm reports positive interim results. For six months to September 30, posts sales of GBP42.5 million, up from restated GBP28.3 million in 2019, pretax profit rises to GBP4.5 million from restated GBP1.1 million. Says performance so far in the current financial year ending March 31 has been strong with the strength seen in both Chinese and US markets continuing into the second half of current financial year. Also releases delayed full-year results, lifting the suspension on trading in its shares that had been in place since the end of December.

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Pires Investments, up 14% at 12.79p, 12-month range 1.52p-17.5p. The technology investor says investee Pluto Digital Assets completes GBP2.5 million fundraise, which includes an investment from Argo Blockchain. Argo will have a 25% shareholding in Pluto. Argo Blockchain shares up 2.5% at 97p.

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Christie Group, up 12% at 98p, 12-month range 54p-128p. The professional services firm says it will have generated an operating profit for the second half of 2020. Says that, after successful reorganisation of two of its trading businesses, has it entered 2021 with the benefit of lower operating costs.

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SigmaRoc, up 8.3% at 69.85p, 12-month range 21.8p-38.32p. The construction materials firm expects to report final results ahead of current market expectations, with revenue of around GBP124 million, representing a 77% increase on the previous year.

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Panoply Holdings, up 7.9% at 178.0p, 12-month range 40.2p-214p. The IT service management company wins two separate contracts, in partnership with Mastek, to support the NHS BSA with its ongoing digital transformation. Contracts are worth more than GBP7 million over two year span.

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AIM - LOSERS

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Katoro Gold, down 14% at 2.12p, 12-month range 1.01p-4.97p. The gold exploration and development company was tracking spot gold prices lower, quoted at USD1,813.51 on Thursday morning, from USD1,834.75 around the same time on Wednesday. "Gold has relinquished it's January seasonality boost," said Axi analyst Stephen Innes. "Gold seems to have been dragged back to the bottom of its range for the past few weeks." Blue chip gold miner Fresnillo was off 2.7%, the second worst large-cap performer.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com