SMALL-CAP WINNERS & LOSERS: Blencowe rises on graphite testing

Fri, 13th Jun 2025 10:04

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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SMALL-CAP - WINNERS

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Blencowe Resources PLC, up 13% at 3.50 pence, 12-month range 2.55p-6.12p. The mineral explorer and developer says testwork for graphite from its Orom-Cross asset in Uganda are continuing as part of the Safeloop programme. Safeloop is a three-year programme funded by the EU. Blencowe says the graphite from Orom-Cross "outperforms in testing".

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Pharos Energy PLC, up 6.4% at 20.10p, 12-month range 17.50p-27.98p. The company, with production and exploration operations in Egypt and Vietnam, rises as it tracks Brent higher. A barrel of Brent jumped to USD74.26 Friday morning, from USD69.66 at the time of the London equities close on Thursday. Oil prices jumped after an Israeli strike on Iranian nuclear facilities.

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SMALL-CAP - LOSERS

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On The Beach Group PLC, down 1.3% at 262.54p, 12-month range 127.75p-290.00p. Geopolitical tensions are weighing on travel shares. Among London's large-caps, British Airways parent International Consolidated Airlines Group SA is down 4.4%, while among 250s, Wizz Air Holdings PLC is 2.1% lower.

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By Eric Cunha, Alliance News news editor

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