Several gold stocks surged to six-month highs on Tuesday as the price of the yellow metal soared on rate cut hopes.
Spot gold prices rose almost 2% on Tuesday to finish at $2,466.90.
There’s a “bright outlook” ahead for oncology and dermatology technology specialist Incanthera PLC (AQSE:INC), according to a new research conducted by Stanford Capital Partners.
On a technical level, Incanthera’s Skin+CELL product addresses the problem of topically delivering B3 niacinamide compounds, which are effective in repairing skin damage caused by sun exposure and removing pigmentation and wrinkles past the upper skin barrier.
Itaconix PLC (AIM:ITX, OTCQB:ITXXF) has reiterated its financial targets for 2024, expecting revenues between $6 million and $6.5 million, with a gross profit margin of 36%.
For the first half of 2024, the sustainable plant-based polymers specialist reported revenues of $2.8 million, down from $4.0 million in in the same period last year, due to a strategic decision to decline low-margin business.
Metals One PLC (AIM:MET1) has more than doubled the resources of its Black Schist polymetallic project in Finland.
A 29Mt maiden JORC Inferred Mineral Resource for the P5 area of Black Schist has increased the total resource to 57.1 Mt.
Iofina PLC (AIM:IOF, OTC:IOFNF) increased crystalline iodine production by more than 14% in its latest half year with prices steady and likely to rise slightly over the rest of the year, predicted the company.
A new iodine from brine extraction production plant, IO#10, is also on track for commissioning in the second half with talks underway with its preferred partner about an additional plant, IO#11.