3rd Feb 2026 10:44
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.
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SMALL-CAP - WINNERS
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Quantum Data Energy PLC, up 5.7% at 3.81 pence, 12-month range 213.50p-3.11p. The reserve power generation plants developer says the Pyebridge flexible generation power asset has "continued its sterling performance" and achieves record high electricity generation and revenue for any single calendar month to date in January. It achieves 1.8 gigawatt hours of output and sales in January. It achieves an average total revenue of around GBP290,000 per megawatt in production per year over the past rolling 12-month period. "We are very proud of the ongoing sterling performance of our Pyebridge asset, having achieved another record high electricity generation and revenues for any single calendar month to date in January 2026. Pyebridge's ongoing excellent performance highlights the ongoing strong demand for flexible generation power and underscores QDE's core business model," says Chief Executive Officer Pieter Krugel.
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Tharisa PLC, up 4.0% at 135.20p, 12-month range 148.00p-48.68p. The platinum miner says Chief Finance Officer Michael Jones will retire, with effect from July 31. Jones became the CFO in January 2013. The firm notes that it will commence the process to find a suitable replacement, evaluating both internal and external candidates. "Michael will assist the group during the process and provide support to ensure a seamless handover of responsibilities," Tharisa says.
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SMALL-CAP - LOSERS
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Mila Resources PLC, down 34% at 0.99p, 12-month range 2.80p-0.18p. The post-discovery gold exploration firm says drilling at Yarrol gold project in Queensland, Australia confirms continuity of gold-bearing structure. It says intercepts of 5 grams per tonne were traced from surface to around 230 metres depth. "These results, which did not deliver the grades anticipated at depth, has allowed the technical team to further refine the company's geological model for Yarrol," Mila Resources says. It adds that the depth extensions warrant further work over the medium term, but the most compelling and capital efficient near-term opportunity is in testing shallow targets across the Yarrol, Monal and Mt Steadman licences. "The recent diamond drilling programme has given us highly valuable information regarding the continuity of our gold system at depth which will help us understand structures controlling gold mineralisation, and provide the data needed to make informed decisions about our next exploration programme. The grades were lower than anticipated albeit they confirmed that gold structures extend well below surface, with grades of 5 g/t still present at depth; an important validation of the system's scale," says Managing Director Mark Stephenson.
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Critical Metals PLC, down 15% at 11.00p, 12-month range 21.00p-3.00p. The mine developer reports no revenue for the first six months of its financial year in a "challenging period" as financial constraints limit operational activity and its ability to invest. The firm swings to a pretax profit of GBP133,758 in the six month period to the end of December from a loss of GBP1.2 million a year ago. "It has been a challenging period for the company, with financial constraints, limiting our operational activity at Molulu as well as our ability to invest in other projects," says Interim Chief Executive Officer Danilo Lange. "However, I am pleased to say that we have made significant strides in stabilising the company. The continued support from NIU, our majority shareholder, has enabled the company to strengthen its board and stabilise the company, positioning it for sustainable growth."
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By Michael Hennessey, Alliance News reporter
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Related Shares:
Quantum DataTharisaMila ResourcesCritical Metals