Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) has earned a repeat ‘Buy’ and C$45 price target from Jefferies analysts after it reported positive production results for the fourth quarter and 2025 guidance in line with expectations.
The miner’s Canadian-listed shares traded up 5% just shy of C$30 in the early afternoon on Thursday.
NextSource Materials Inc. (TSX:NEXT, OTCQB:NSRCF) has announced a drawdown credit facility of up to US$20 million with Vision Blue Resources.
The proceeds, which are non-dilutive to shareholders, will be used to progress the company’s battery anode facility strategy, support the ramp-up at Molo Graphite Mine and for general working capital purposes.
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF) has announced the appointment of Franklin Edochie to its board of directors.
Edochie is the head of metals and mining at the Africa Finance Corporation.
‘Drill baby drill’ may be the call coming from Washington DC, but in the City of London followers of Alaska-focused 88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) will be thinking ‘deal baby deal’.
The small-cap explorer today once again underlined the untapped potential beneath its feet, with a large internal prospective resource estimate for its Leonis project.
Scancell Holdings PLC's (AIM:SCLP, OTC:SCNLF) interim results highlight continued progress in its cancer vaccine pipeline, with multiple data readouts expected before the end of 2025, according to Panmure Liberum.
Reiterating its 'buy' advice and 24p a share price target, the brokerage noted that early data releases have helped to reduce some of the risks associated with the programmes.
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) unveiled its largest-ever final dividend as it announced further production increases for the fourth quarter of last year amidst continuing sky-high gold prices.
Shares in the FTSE 100 precious metals miner climbed 1.4% to 1,562p on Thursday morning.
Mosman Oil and Gas Ltd's (AIM:MSMN) American helium venture is now advancing, as a rig contractor has signed up to drill five wells at the Vecta project.
The AIM-listed company said Vecta Oil and Gas, the project operator in which it has a 20% stake, has hired Desert Eagle Operating LLC which is expected to begin drilling “as soon as possible”, once routine matters and weather conditions allow.
Rome Resources Plc (AIM:RMR) has reported its latest batch of drill assay results from its Kalayi tin prospect in North Kivu, in the Democratic Republic of Congo, where the data points to "growing scale" across multiple zones.
Notably, the explorer also sees grades improving as drilling goes deeper.
Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) revealed an updated mineral resource estimate for its Ewoyaa lithium project in Ghana to take account of increased feldspar content, which it intends to supply to the local ceramics market.
The updated MRW showed 36.8 million tonnes (Mt) at 41.9% feldspar at Ewoyaa.
Futura Medical PLC (AIM:FUM, OTC:FAMDF) says its 2024 revenue and profit were ahead of market expectations, driven by the strong launch of its erectile dysfunction gel, Eroxon.
Sales reached at least £13.7million, up from £3.1 million in 2023. The product is now sold in 15 countries, including the US, with plans to expand to 20 by the end of 2025.
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) has confirmed a multi-reservoir opportunity at the Canning Prospect, part of Project Leonis in Alaska, with hundreds of millions of barrels estimated.
The explorer today unveiled its maiden resource estimate for Canning, seeing up to 798 million barrels of prospective resources from the Canning prospect and the Upper Schrader Bluff (USB) formation.
Scancell Holdings PLC (AIM:SCLP, OTC:SCNLF) made significant clinical progress in the first half of its financial year, with strong trial results for its cancer immunotherapy treatments.
The company also strengthened its cash position, raising £11.3mn in December, extending its cash runway to late 2026.