WINNERS & LOSERS: Kendrick drilling results; Blackbird new approach

Fri, 15th May 2026 11:49

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

----------

Main Market small-cap winners

----------

Iconic Labs PLC, up 83% at 2.38 pence

Amala Foods PLC, up 17% at 0.11p

Cindrigo Holdings Ltd, up 14% at 8.25p

Kendrick Resources PLC, up 14% at 8.38p, reports "strong" drilling results from Teufelskuppe project

Chesterfield Resources PLC, up 11% at 1.00p

----------

Main Market small-cap losers

----------

Predator Oil & Gas Holdings PLC, down 15% at 0.55p. places 85.7 million shares at 3.5p to raise GBP3 million

Amigo Resources PLC, down 14% at 3.60p

Bluebird Mining Ventures Ltd, down 12% at 0.08p

World Chess PLC, down 10% at 0.23p

Fragrant Prosperity Holdings Ltd, down 9.0% at 0.25p

----------

AIM winners

----------

Metals One PLC, up 45% at 1.72 pence, expands US uranium waste recovery plans

Zinnwald Lithium PLC, up 27% at 8.25p

Blackbird PLC, up 18% at 1.95p, moves to more strategic "Go To Market" approach

Bradda Head Holdings Ltd, up 17% at 3.50p

Great Western Mining Corp PLC, up 16% at 5.55p

----------

AIM losers

----------

ValiRx PLC, down 17% at 0.20p, announces fundraise to secure up to GBP1.2 million at 0.2p/share

PACSCo Ltd, down 15% at 0.55p

Mothercare PLC, down 12% at 0.88p

Powerhouse Energy Group PLC, down 9.1% at 0.25p

EnergyPathways PLC, down 8.9% at 10.20p

----------

Small-cap and AIM movers in focus:

----------

Kendrick Resources PLC, up 14% at 8.38 pence, 12-month range 0.15p-8.85p. Reports high-grade drilling and sampling results from its Teufelskuppe rare earth project in Namibia. The exploration company says a 112-metre drill hole at TK2 returned a weighted mean grade of 3.03 wt% total rare earth oxides, including more than 17 metres grading above 4.0 wt%, while surface sampling confirmed an average grade of 3.12 wt% across the project. Adds development work is accelerating as it advances Teufelskuppe towards a maiden resource estimate and development studies.

----------

Predator Oil & Gas Holdings PLC, down 15% at 0.55 pence, 12-month range 2.40p-6.63p. Falls after announcing a discounted placing to raise GBP3 million. The oil and gas company says it has conditionally placed 85.7 million shares at 3.5p each and will use proceeds for projects including the reactivation of the Snowcap-2ST1 well.

----------

Metals One PLC, up 45% at 1.72 pence pence, 12-month range 1.15p-55.00p. Signs an agreement with DISA Technologies to evaluate an abandoned uranium mine in Colorado. The metals exploration company says the asset under review is the Uravan project and adds DISA will advance exploration work at no operating cost to Metals One. Notes it will receive a revenue share from the sale of uranium and other mineral concentrates.

----------

Blackbird PLC, up 18% at 1.95 pence, 12-month range 1.39p-5.50p. Updates on progress at its elevate.io platform. The cloud video editing technology company says the end of the product market fit phase for elevate.io is nearing and adds it has moved to a more strategic go-to-market approach.c

----------

ValiRx PLC, down 17% at 0.20 pence, 12-month range 0.19p-0.88p. Announces a fundraise to secure up to GBP1.2 million at 0.2p per share. The biotechnology company says the fundraising includes a placing of 500.0 million shares, a direct subscription for 2.5 million shares and a retail offer.

----------

By Eva Castanedo, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Risers and Fallers Market News