Ferro-Alloy Resources Ltd (LSE:FAR)'s house broker said that work currently is focused on plant improvements made during the first quarter to increase the purity of the vanadium pentoxide product to the price it receives.
Broker Shore Cap added that the primary Balasausqandiq project remains the main focus and with by-credits, can generate negative costs of production and is the main driver of FAR’s equity valuation.
UK banks NatWest Group PLC (LSE:NWG) and HSBC Holdings PLC (LSE:HSBA) look good currently for investors looking for income, according to Shore Capital.
Based on the broker's income screen, the UK bank sector scores strongly based on modest valuations and attractive yields.
Broker Cavendish repeated its 42p price target for stock in hVIVO PLC (AIM:HVO) following a capital markets day (CMD) held at hVIVO's new state-of-the-art quarantine facility in Canary Wharf.
During the CMD, the management of the contract research firm highlighted the significant advantages of the new operation over the old ones, including enhanced operational efficiencies and improved volunteer and staff experiences.
Schroders PLC (LSE:SDR) was one of the top blue-chip risers in Europe on Thursday after being upgraded by Morgan Stanley.
The US investment bank moved to an 'overweight' rating from 'equal-weight' as part of a review of the European asset management sector, also hiking its share price target to 500p from 415p.
Dutch technology giant ASML Holding NV (NASDAQ:ASML)’s valuation was severely punished when reports of a ramping up of existing microchip export restrictions to China emerged from the US on Wednesday.
ASML’s share price flopped 11% by the closing bell, effectively wiping US$50 billion of value from the company.