22nd Aug 2025 10:29
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday.
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AIM - WINNERS
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Alien Metals Ltd, up 28% at 0.17 pence, 12-month range 0.0625p-0.175p. The Australia-focused minerals explorer and developer's joint venture partner West Coast Silver Ltd reports "further outstanding" assay results from maiden diamond drilling at the Elizabeth Hill Silver Project in Western Australia's Pilbara region. West Coast Silver is the operator but Alien retains a 30% free-carried interest through to a decision to mine. Says testing has identified "several significant high-grade silver zones" and a "significant high-grade gold intercept" in hole 25WCDD011, plus "high-grade silver intercepts" in 25WCDD012. Company says results continue to confirm near-surface high-grade silver mineralisation. "Intercepts of up to 10,049 grams per tonne silver and 11.1 grams per tonne gold are exceptional outcomes from the maiden programme and confirm the significant value in the project," says Technical Director Robert Mosig. "With Alien's 30%...our shareholders retain strong exposure to any success at Elizabeth Hill. We look forward to further assay results expected in the coming weeks."
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Revolution Beauty Group PLC, up 29% at 4.50 pence, 12-month range 3.0.3p-24p. Raises GBP15 million via a placing and subscription at 3.00 pence per share, including cornerstone investment from the make-up brand's co-founders, Tom Allsworth and Adam Minto, and from its largest shareholder, boohoo Group PLC. boohoo, trading as Debenhams, is down 7.5% at 14.9p. Proceeds of the placing and subscription will be used to reduce debt, provide working capital, pay fees and provide a "basis for the business to return to growth". Firm also intends to raise GBP1.5 million through a retail offer at 3.00p per share. Allsworth will rejoin as chief executive with Interim CEO Colin Henry stepping down, while Minto will return in a consulting capacity. They will lead a "strategic reset" aimed at restoring growth and setting a "clear path to long-term value creation". Company also reports pretax loss of GBP16.8 million for the financial year ended February, swung from a GBP11.4 million profit the year before, with revenue dropping 25% to GBP142.6 million from GBP191.3 million. Net sales in the first quarter of financial 2026 have declined 29% on-year and Revolution Beauty expects revenues for the second quarter of financial 2026 to be 25% lower. But it says action has been taken to address the revenue declines and it expects decline rates to reduce significantly in the second half of the year. Now expects for financial 2026 to achieve revenue of GBP110 million to GBP120 million, and intends to establish an annual adjusted Ebitda run-rate of between GBP8 million to GBP10 million by the end of the year.
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AIM - LOSERS
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Zenova Group PLC, down 9.1% at 0.21p, 12-month range 0.19p-1.25p. The Essex-based fire suppression and interdiction solutions company conditionally raises gross GBP262,500 via a placing and subscription of 131.3 million new shares at 0.20p each. Fundraise "was undertaken with the support of existing shareholders, new institutional investors and several new high net worth investors". Company will use the extra working capital "to support its growing order book, particularly for its FX range of extinguishers". Says warrants have been issued on a one-for-one basis as part of the fundraise, with new investors able to subscribe for additional shares at 0.4p each. Also, Zenova "is experiencing strong growth in the UK, driven in part by evolving regulations, including the phasing out of foam extinguishers containing PFAS". Has achieved its target of selling 1,000 6L FX extinguishers per month, including recurring orders. "We are confident that Zenova is well positioned to deliver on our revenue targets for this year and continue building momentum into 2026," comments CEO Thomas Melchior.
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By Emma Curzon, Alliance News reporter
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Related Shares:
Alien MetalsZenova GrpRevolution BeautyBoohoo