(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.
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AIM - WINNERS
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Kodal Minerals PLC, up 31% at 0.16 pence, 12-month range 0.03p-0.23p. The west Africa-focused mineral exploration and development company says feasibility study confirms high standard and mining plan at Bougouni project. Kodal has now received confirmation that the feasibility study and mining development plan have been ratified and approved by the Direction Nationale de la Geologie et des Mines committee.
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Pelatro PLC, up 12% at 63p, 12-month range 32p-73.75p. The telecom software specialist says it enters into three-year framework agreement with undisclosed telco firm, with about 230 million subscribers.
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AIM - LOSERS
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Braveheart Investment Group PLC, down 20% at 59.02p, 12-month range 2.43p-140.20p. Says investee Paraytec Ltd is working on Covid-19 test in conjunction with the University of Sheffield and is looking for partners. Says Paraytec's q-PCR testing regime has a sensitivity and specificity of 97% and 100% respectively. In the laboratory, the Paraytec test achieved 94% sensitivity and 100% specificity. Once contract with a partner is signed, Parytec estimates it would take around a further six months to first product manufacture.
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Ethernity Networks PLC, down 11% at 46.25p, 12-month range 11p-60p. The networking and security solutions provider says it receives funding inflows of over USD5.4 million since the beginning of December and its outlook for 2021 remains unchanged.
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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Braveheart Inv (BRH)
Kodal Minerals (KOD)
Ethernity Net (ENET)