19th Jun 2025 10:00
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday.
----------
AIM - WINNERS
----------
Harvest Minerals Ltd, up 18% at 0.5 pence, 12-month range 0.225p-2.1p. The fertiliser producer updates on the most recent rare earth elements exploration activities at its Arapua project in Brazil, with 36 historical samples sent for analysis. Says exploration results have been encouraging, with average total rare earth oxide concentrations ranging from 2,110.53 to 2,656.99 parts per million and titanium dioxide grades within the mineralised TREO intervals ranging from 12.55% to 15.42%. Says the exploration confirms REE presence in the "Bone" lithotype, and that further drilling and sampling is planned. "Today's results continue the trend of encouraging and exciting results from [Arapua]...Whilst we are delighted to benefit from the technical expertise of [PVW Resources Ltd], Harvest will continue the next round of exploration directly in order to accelerate the programme," Chair Brian McMaster says. "We have created a high-impact, low-cost exploration programme for the next phase, which is expected to get underway shortly. This coincides with the recent uptick in the fertiliser business as reported earlier this week."
----------
AIM - LOSERS
----------
Litigation Capital Management Ltd, down 25% at 33.45p, 12-month range 33.45p-118.25p. The dispute financing solutions-focused asset manager announces that the High Court in London has delivered a judgement, in a commercial litigation case funded by the company, which found against the party Litigation Capital was funding. It contributed GBP3.4 million of its own capital, with a further GBP8.2 million invested from Fund I, and the investment had a fair value of GBP5.0 million on its balance sheet. Says it is reviewing the judgment and assessing potential next steps. Company also reports that in the second half of the year ending June 30, realisations have been modest with two successful and two unsuccessful investments.
----------
Revolution Beauty Group PLC, down 16% at 6.47p, 12-month range 4.7p-25.5p. Sports Direct owner Frasers Group PLC has issued an announcement ruling out a bid for the London-based cosmetics retailer, which has been in a "formal sale process" since May. Frasers confirmed earlier in June that it was considering a possible all-cash offer. Revolution Beauty noted Frasers' announcement, saying it "continues to have constructive engagement" with several other interested parties. The company also said it is continuing "positive engagement" with shareholders, having last week said it was speaking to shareholders about an equity raise.
----------
By Emma Curzon, Alliance News reporter
Comments and questions to [email protected]
Copyright 2025 Alliance News Ltd. All Rights Reserved.
Related Shares:
Harvest Mi (di)Litigation Cap.Revolution Beauty