24th Oct 2025 11:11
(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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Strategic Minerals PLC, up 10% at 0.95 pence, 12-month range 0.175p-1.05p. Says third-quarter ore sales at its Cobre magnetite operation in New Mexico rose 42% quarter-on-quarter to 16,098 tons, from 11,305, generating USD1.08 million in revenue. The mineral producer in the UK, US and Australia says the cash-generative performance at Cobre is supporting accelerated work at its Redmoor tungsten, tin and copper project in Cornwall, where recent drilling has confirmed "exceptionally high grades" and multiple mineralised zones. The company is expanding its drilling programme and expects updated resource estimates and metallurgical results to strengthen Redmoor's economic outlook.
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Power Metal Resources PLC, up 6.0% at 13.25p, 12-month range 11.5p-18.5p. The metals explorer with projects in North America, Africa, Saudi Arabia and Australia says its uranium joint venture Fermi Exploration has signed an exploration agreement with Ya'thi Nene Lands and Resources in northern Saskatchewan, Canada. The deal establishes a framework for collaboration with local First Nations and municipalities, supporting permitting, exploration, and community engagement in the Athabasca Basin. Chief Executive Sean Wade says the agreement demonstrates Power Metal's commitment to responsible exploration and environmental, social, and governance practices.
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AIM - LOSERS
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Revel Collective PLC, down 36% at 0.175p, 12-month range 0.125p-0.7p. Launches a strategic review and formal sale process following what it describes as a "prolonged period of external pressures" impacting performance. The bar and pub operator - owner of the Revolution, Revolucion de Cuba and Peach Pubs brands - reports first-quarter like-for-like revenue down 7.4% year-on-year to GBP26.3 million, with bar sales declining 11%. Despite implementing cost-saving initiatives, the group says measures announced in the UK autumn budget have added more than GBP4 million to its annual cost base. The company, advised by Cavendish and FTI Consulting, says it is considering a range of options including a sale of the business or its brands, though it is not currently in talks with any potential offeror.
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By Eva Castanedo, Alliance News reporter
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Related Shares:
Power MetalThe Revel CollectiveStrategic Minerals