Central Asia Metals PLC (AIM:CAML, OTC:CAMLF) is "well placed" to benefit from stronger copper and zinc prices, according to Berenberg, which repeated its 'buy' recommendation and 340p price target on shares in the miner.
The company's fourth-quarter production results, which were released earlier this week, came in better than expectations, the investment bank said.
Atlantic Lithium Limited (AIM:ALL, OTCQX:ALLIF, ASX:A11) has announced final assay results from the resource and exploration drilling programme completed at its Ewoyaa Lithium Project in Ghana, West Africa, which confirm new mineralised pegmatites at the Grasscutter North, Kaampakrom North and Assan targets.
These targets are outside of the currently defined 30.1 mln tonnes (Mt) 1.26% lithium oxide (Li2O) Ewoyaa JORC (2012) Compliant Mineral Resource Estimate (MRE), the company said.
Arecor Therapeutics PLC (AIM:AREC) said it will transfer the development of AT307, a ready-to-use (RTU) injectable medicine, to Hikma Pharmaceuticals PLC (LSE:HIK, OTC:HKMPF) as part of a co-development deal inked in 2020.
Arecor said it has now successfully completed the application of its proprietary drug formulation technology platform, Arestat, to develop the new RTU formulation of an existing but unnamed therapeutic product.
Empire Metals Ltd (AIM:EEE) said fieldwork at the Pitfield copper project so far this year had gone well while drilling has restarted at Eclipse-Gindalbie, also in Western Australia.
Further soil sampling and DD-IP (induced polarisation) surveying at Pitfield is expected this quarter to define drill targets.
Digitalbox PLC (AIM:DBOX), owner of websites Entertainment Daily, The Daily Mash, The Tab and The Poke, said it expects underlying profits (EBITDA) for 2022 to be in line with recent guidance.
Although challenging economic headwinds across the entire media sector resulted in revenue for the calendar year being below market expectations, EBITDA will be “comfortably ahead” of the £1mln last year, the AIM-listed company said.