23rd Sep 2025 10:26
(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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Mila Resources PLC, up 9.0% at 0.82 pence, 12-month range 0.17p-1.25p. The London-based mining company with exploration sites in Western Australia names Alastair Goodship as its new chief operating officer with immediate effect. Goodship has been exploration manager at Mila since the fourth quarter of 2023 and, prior to that, was a senior exploration consultant at RSCMME and a technical advisor to Trinity Metals Group. "We'd like to welcome Alastair on the board in this new COO role at the most exciting time in the company's history," says Mila Chair Mark Stephenson. "We are now entering an intensely busy period with phase 2 drilling underway with the target of delivering a maiden resource in early 2026, also, we have stepped up our commitment to building our own team in Queensland so that we can progress faster and more cost efficiently. Alastair is attending site this week to oversee the [reverse circulation] drilling with the newly appointed team at Yarrol."
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THG PLC, up 4.8% at 38.43p, 12-month range 22.90p-57.60p. JPMorgan raises the Manchester-based retail firm behind brands such as Lookfantastic and Myprotein to 'neutral' from 'underweight', and lifts THG's price target to 43p from 24p.
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SMALL-CAP - LOSERS
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World Chess PLC, down 17% at 0.92p, 12-month range 0.50p-6.30p. The London-based chess promoter and tournament organiser reports pretax loss of EUR2.1 million for the six months to June 30, widened from EUR1.9 million the year before. This is driven by EUR715,440 in exceptional items charges compared to EUR8,213, and revenue declining 8.3% to EUR1.1 million from EUR1.2 million. "The first half of 2025 was a period of both progress and adjustment for World Chess," says the company. "While the group continued to grow its user base and develop new engagement tools, revenue growth from the FIDE Online Arena was slower than anticipated. In response, we have undertaken a strategic refocus, which included the closure of the Berlin club and a sharper concentration on scaling our digital platform."
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By Emily Parsons, Alliance News reporter
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ThgMila ResourcesWorld Chess