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AIM WINNERS & LOSERS: Sabien surges on deal with Proton Technologies

11th Nov 2021 11:35

(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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Sabien Technology Group PLC, up 31% at 31.79 pence, 12-month range 15.00p-61.20p. The boiler efficiency products provider says it has signed heads of terms with Proton Technologies Canada Inc in relation to a hydrogen processing licence within UK territories. Sabien will be producing 20 tonnes of hydrogen per day, generated using Proton's technology.

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Zephyr Energy PLC, up 9.3% at 7.10p, 12-month range 0.55p-7.89p. The Rocky Mountain oil and gas company says the first flowing hydrocarbons from the State 16-2LN-CC well, even as production testing and well clean-up efforts remain ongoing. "The production of hydrocarbons marks a major milestone for Zephyr, particularly as this is the first horizontal well in the wider Paradox Basin to flow hydrocarbons using a modern hydraulically stimulated completion," it explains.

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Atalaya Mining PLC, up 1.3% at 400.00p, 12-month range 181.00p-415.00p. Berenberg starts coverage on the miner with a Buy rating.

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ASOS PLC, up 0.5% at 2,837.00p, 12-month range 2,266.00p-5,994.95p. Peel Hunt raises the online fashion retailer to Buy from Add. ASOS is one of the biggest companies listed on AIM with a market value of GBP2.84 billion.

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By Arvind Bhunjun; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


Related Shares:

ASOSAtalaya MiningSabien Tech.Zephyr Energy
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