28th Mar 2022 10:15
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.
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SMALL-CAP - WINNERS
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Restaurant Group PLC, up 4.4% at 66.30 pence, 12-month range 62.60p-140.00p. Shares recover after a 4.9% fall on Friday. Barclays had cut its recommendation for the stock to 'underweight' from 'equal weight'.
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Wickes Group PLC, up 2.1% at 183.75 pence, 12-month range 148.10p-288.40p. Shares add to Friday's 4.4% advance. On Friday, the DIY retailer had reported double-digit revenue growth in the year that ended January 1.
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SMALL-CAP - LOSERS
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Pure Gold Mining Inc, down 25% at 30.88 pence, 12-month range 0.32p-40.25p. The Vancouver, Canada-based gold miner says it needs USD50 million of external financing over the next six months to bring it to a "state of sustainable positive free cash flow" at a corporate level. "Assuming the required capital can be secured, the company expects to achieve sustainable positive free cash flow by the end of 2022. This external financing could take a variety of forms, including debt or equity and may include proceeds from option or warrant exercises," Pure Gold says.
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WAG Payment Solutions PLC, down 2.8% at 94.30p, 12-month range 80.10p-160.45p. The toll and fuel payments processor returns some gains after advancing 15% on Thursday last week and 3.2% on Friday. The firm, also known as Eurowag, on Thursday said its revenue jumped 31% to EUR1.65 billion in 2021 from EUR1.25 billion in 2020.
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By Eric Cunha; [email protected]
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Related Shares:
RTN.LWickes Group P.PUR.LWag Payment