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SMALL-CAP WINNERS & LOSERS: Prospects sunny for buoyant On the Beach

25th Feb 2022 11:01

(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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Cloudbreak Discovery PLC, up 5.1% at 8.42 pence, 12-month range 1.43p-12.82p. The natural resource project generator signs option agreement on Rizz project in Atlin, British Columbia with BCCo Ltd. To earn a 75% interest in the project, BBCo will spend an aggregate of CAD750,000 over a three-year period in exploration expenditures on the property, Cloudbreak says.

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On the Beach Group PLC, up 4.5% at 266.14p, 12-month range 198.40p-517.00p. The online travel agent says the Omicron variant heavily impaired sales in November, December and early January. However, it says group sales returned to pre-Covid levels in late January. On the Beach says it has experienced a significant strengthening of traffic and booking volumes since the reduction and subsequent removal of travel restrictions by the UK government in early and late January respectively.

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Petra Diamonds Ltd, up 3.1% at 100.00p, 12-month range 45.00p-111.20p. The diamond miner closes sales for 80% volume of the fourth tender cycle in financial 2022. Petra sells 589,168 carats for USD110.5 million, at an average price USD188 per carat.

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Henry Boot PLC, up 2.3% at 302.80p, 12-month range 262.00p-322.56p. The construction firm says Chair Jamie Boot plans to retire from his role and from the board on May 26, following the company's annual general meeting. Non-Executive Director Peter Mawson, who has been a member of the board since 2015, will succeed Boot as chair.

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By Arvind Bhunjun; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


Related Shares:

Henry BootPetra DiamondsOn The BeachCloudbreak
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