(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.
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AIM - WINNERS
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Premier African Minerals Ltd, up 5.5% at 0.35 pence, 12-month range 0.15p-0.53p. The minerals and metals project developer says it has signed terms for a large pilot lithium plant in Zimbabwe. The British Virgin Islands-based firm will establish the plant at Zulu lithium and tantalum project, which will allow the production of spodumene concentrate, or SC6 - a type of high-purity lithium ore, from the first quarter of next year.
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Riverfort Global Opportunities PLC, up 4.8% at 0.97p, 12-month range 0.90p-1.72p. The investment adviser posts lower profit for 2021, but ups payout. Pretax profit falls to GBP1.0 million from GBP1.5 million in 2020. Investment income climbs to GBP1.8 million from GBP1.3 million. Pays a dividend of 0.038p for 2021, up 0.02p for 2020.
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Next Fifteen Communications PLC, up 2.7% at 897.50p, 12-month range 820.22p-1,476.00p. The
marketing company says trading continued to be strong through May, with adjusted pretax profit ahead of expectations. Last month, the firm said total revenue was up 68% year-on-year to GBP130 million in the three months to April 30.
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AIM - LOSERS
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Trackwise Designs PLC, down 19% at 49.15p, 12-month range 49.00p-270.81p. The printed circuit products maker warns sales for 2022 will fall short of market expectations, as a result of reduced near term demand from UK electric vehicle OEM customers. In spite of revenue being poised to miss market expectations, Trackwise says adjusted pretax profit is set to be in line, through the benefit of specific contract terms.
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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