1st Aug 2022 11:14
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.
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AIM - WINNERS
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Vast Resources PLC, up 23% at 0.79 pence, 12-month range 0.22p-7.50p. The production and development firm will begin molybdenum concentrate production at the Baita Plai polymetallic project in Romania this month.
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Wishbone Gold PLC, up 18% at 12.66 pence, 12-month range 0.057p-13.79p. The firm reports "encouraging" drill results at the Red Setter gold and copper project in Western Australia.
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DeepVerge PLC, up 6.6% at 16.25 pence, 12-month range 9.02p-33.00p. The environmental and life science firm's Modern Water division wins new orders worth for GBP2.1 million. It will use its all membrane brine concentration technology to treat wastewater for chemical plants in India.
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AIM - LOSERS
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Symphony Environmental Technologies PLC, down 13% at 16.50p, 12-month range 13.66p-28.92p. The plastics and rubber technology developer says revenue in the first half of 2022 declines 39% year-on-year to GBP3.0 million from GBP4.9 million. It notes "short term logistics and resource issues" hit the half-year outturn, though these problems have since been resolved.
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Knights Group Holdings PLC, down 4.3% at 129.48p, 12-month range 83.80p-445.00p. Liberum double downgrades the legal and professional services firm to 'sell' from 'buy'. It slashes its price target to 100p from 290p. The stock has fallen roughly 70% over the past 12 months. The Liberum recommendation between 'buy' and 'sell' is 'hold'.
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By Eric Cunha; [email protected]
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Related Shares:
Symphony Env.Knights Group .WishboneDVRG.LVast Resources