(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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Thor Mining PLC, up 9.6% at 1.01 pence, 12-month range 0.66p-1.19p. The miner says it has been awarded AUD300,000 from the South Australia government under the Accelerated Discovery Initiative, to help expand its exploration and development programme for the Alford East ISR project in South Australia.
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Begbies Traynor Group PLC, up 5.5% at 127.38p, 85.76p-130.13p. The corporate restructuring specialist says its annual results are expected to be comfortably ahead of market expectations, with revenue expected to be GBP83.7 million, up 19% from GBP70.5 million last year.
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Fevertree Drinks PLC, up 1.8% at 2,611.00p, 12-month range 2,039.00p-2,622.00p. Shares hit fresh 12-month high in early trade after tonic water maker says off-trade performance has remained strong in the first four months of the year. Further, the phased reopening of the on-trade has given the hospitality industry renewed optimism for the second half of 2021, it says. Fevertree is one of the biggest companies on AIM with a market cap of GBP3.1 billion
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AIM - LOSERS
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Hurricane Energy PLC, down 9.3% at 1.18p, 12-month range 0.59p-12.70p. The oil and gas company, confirms restructuring plan court hearing to take place on Friday. Last month, Hurricane agreed a proposed financial restructuring plan with a majority of bondholders, who would take control of the firm. On Wednesday, Hurricane said it received a requisition notice from Crystal Amber Fund Ltd, proposing to remove five directors and appoint two new directors amid unhappiness over the debt restructuring plan.
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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Thor Energy (THR)
Fevertree (FEVR)
Begbies (BEG)