(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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Orosur Mining Inc, up 64% at 22.00 pence, 12-month range 0.029p-45.99p. Receives assay results for nine additional diamond drillholes at Anza project in Colombia. Notes multiple high-grade gold intersections with associated silver and zinc, including 59.55 metres at 9.61 grams per tonne gold and 61.75 metres at 2.05 grams per tonne gold. "While a long time coming, these drill results are spectacular and give us great comfort that Anza has the potential to be a major gold system," says Chief Executive Brad George. "Further assays are expected in due course. We are now directing our teams to identifying the next drill targets - work that has so far shown great promise."
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Conroy Gold & Natural Resources PLC, up 27% at 25.98p, 12-month range 11.01p-48.8p. The gold exploration and development company focused on Ireland and Finland reports completion of due diligence drilling on its Clontibret gold deposit, the completion of a drill hole on the Cargalisgorran section of the Clay Lake gold target and the commencement of drilling on other targets in the new district scale gold trend which the company has discovered in the Longford-Down Massif in Ireland. "The due diligence drilling of two drill holes at Clontibret, which has now been completed, is part of the overall process leading to the finalisation of definitive documentation, including the final JV agreement," it says, referring to planned JV with Demir Export AS.
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AIM - LOSERS
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John Lewis of Hungerford PLC, down 13% at 1.3p, 12-month range 0.36p-1.95p. Firm gives back some gains after 50% surge on Monday. On Monday, the kitchen, bedrooms and furniture manufacturer and retailer notes share price rise and says it knows of no reason for the movement. "The company confirms that there has been no material development since the publication of the interim results for the six months to December 31, 2020 on March 18," company added.
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FIH Group PLC, down 10% at 238.00p, 12-month range 183p-335p. The essential services provider in UK and Falkland Islands says Covid-19 "substantially reduced" revenue in financial year ended March 31, to GBP32.6 million from GBP44.6 million the year before. Nonetheless, manages to post pretax profit of GBP202,000 from loss of GBP3.8 million the year before. "The outlook for the current year remains inevitably uncertain but provided no serious reversals are experienced linked to the pandemic, we are cautiously optimistic that we will see a slow but steady recovery over the remainder of the year," it says.
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By Lucy Heming; lucyheming@alliancenews.com
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Conroy Gld&nres (CGNR)
Orosur Mining (OMI)
Fih Group (FIH)