7th Nov 2025 11:02
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.
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SMALL-CAP - WINNERS
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John Wood Group PLC, up 11% at 22.20 pence, 12-month range 100.00p-16.92p. The Aberdeen, Scotland-based oilfield services and engineering consulting firm continues to rise after being restored to trading on the London Stock Exchange on Thursday. Shares were suspended due to the delay in its publication of 2024 results, which it published last week alongside an interim 2025 report.
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First Tin PLC, up 8.1% at 8.65p, 12-month range 9.50p-4.50p. The tin mine developer continues to rise after it said on Wednesday that it received a non-binding letter of interest from the Export-Import Bank of the United States, outlining potential financing support for the Taronga tin project in New South Wales, Australia. The letter indicates capacity to consider up to USD120 million in financing for a maximum repayment term of 12 years. The potential facility would support development of the project, linked to the supply of tin concentrate to the US, which currently has no domestic tin mine production.
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SMALL-CAP - LOSERS
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Argo Blockchain PLC, down 14% at 1.90p, 12-month range 11.50p-0.80p. The London-based firm focused on cryptocurrency mining says the High Court has approved the convening of creditor and member meetings related to its proposed restructuring plan. The plan meetings will be held on December 2, with the sanction hearing scheduled for December 8. If sanctioned by the court, the restructuring plan will then be implemented.
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Record PLC, down 3.4% at 56.80p, 12-month range 67.80p-45.00p. The specialist currency and asset manager says revenue fell to GBP19.2 million in the six months to the end of September from GBP21.1 million a year prior. Pretax profit falls to GBP4.5 million from GBP5.9 million, while administrative expenditure is down to GBP14.8 million from GBP15.4 million. The firm declares an unchanged interim dividend of 2.15p per share. Assets under management increased to a new high of USD110.3 billion, driven by growth in underlying assets. The firm says the outlook for the current year is highly dependent on the timing of closing certain projects. "But we are in the middle of an important transition to becoming a business with higher margins and long-term recurring revenues, which will deliver sustained growth and increased value," says Chief Executive Officer Jan Witte.
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By Michael Hennessey, Alliance News reporter
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Related Shares:
Wood Group (J)First TinArgo Blockchai.Record