AIM WINNERS & LOSERS: Jangada gets going at asset; Maintel slumps

Wed, 03rd Sep 2025 10:46

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

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AIM - WINNERS

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Jangada Mines PLC, up 27% at 0.73 pence, 12-month range 0.40p-1.50p. The natural resources development company, with interests in Brazil, has "hit the ground running" at the Paranaita gold project. Jangada says an exploration programme is underway at the asset, located in the Mato Grosso state of Brazil, known for its gold deposits. Two zone has been targeted, and Jangada aims to deliver a preliminary economic assessment for a 20,000 ounce per year operation. The news coincides with a spike in the gold price. The precious metal hits a record high above USD3,546 an ounce on Wednesday. It looks set to register a seventh-successive daily hike.

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James Cropper PLC, up 9.2% at 262.00 pence, 12-month range 125.15p-324.00p. The materials, paper and packaging group reports that trading in the 18 weeks to August 2 has been "slightly ahead of expectations". "The board is confident in the performance of the group for the full year ending in March 2026, with the group targeting significant growth in adjusted [earnings before interest, tax, depreciation, and amortisation] against FY25. The roll out of our revised strategy is proceeding as planned with expectations of improved mid-term prospects of both the Advanced Materials and Paper & Packaging businesses," James Cropper says.

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AIM - LOSERS

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Maintel Holdings PLC, down 22% at 140.00p, 12-month range 130.00p-286.00p. The provider of communications services for the UK public and private sectors reports "delays in pipeline closures and the loss of a significant key deal for the year". As a result, it expects annual revenue of GBP95.0 million, "with slightly unfavourable gross margin levels due to the remaining revenue mix". An adjusted Ebitda of around GBP7.0 million is now expected. Revenue in 2024 amounted to GBP97.9 million, while its adjusted Ebitda totalled GBP10.5 million. "The company entered the second half of the year with three key deals, which were expected to be significant contributors to the full-year performance. Two of these deals have been successfully signed. However, the company was unfortunately unsuccessful in closing the third material deal despite excellent feedback from the potential customer," it adds. The deals successfully secures total GBP9.7 million. One was with a "leading UK retailer" and the other with a county police force.

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By Eric Cunha, Alliance News news editor

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