Small-cap stocks are making a quiet comeback—and investors may want to take notice.
According to a new report from LPL Financial, there are several compelling reasons to give this overlooked corner of the market another look.
Union Jack Oil PLC (AIM:UJO, OTCQB:UJOGF) has raised £2 million before expenses through a placing and subscription priced at 5p per share.
Proceeds will be used to support a three-well drilling programme in Oklahoma, targeting the “Sark”, “Crossroads” and “Wolverine-1” wells.
Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF) has reported positive results from a high-resolution airborne Time Domain Electromagnetic (TDEM) survey completed at its Corvo uranium project in northern Saskatchewan, Canada.
The survey confirmed and refined previously identified conductive corridors, outlining 29 kilometres of prospective conductor strike length and defining multiple high-priority target areas for follow-up exploration.
American Resources Corp (NASDAQ:AREC) said its subsidiaries ReElement Technologies and Electrified Materials have entered a strategic partnership with Blackion LLC to build a vertically integrated, domestic lithium-ion battery recycling supply chain in the US.
The collaboration includes a recycling services agreement between Electrified Materials and Blackion, as well as a memorandum of understanding between ReElement and Blackion.
Northstar Gold Corp. (CSE:NSG) announced that it has signed a Letter of Intent (LOI) with Novamera to utilize Novamera’s patented Surgical Mining process to extract high-grade copper from Zone 2 of the historic Cam Copper Mine.
The mine is part of Northstar’s 100% owned Miller copper-gold property, located near Kirkland Lake, Ontario.
Uranium American Resources Inc. (OTC:UARI) said on Wednesday it had completed a rebranding effort and changed its ticker symbol to 'UARI', as the company sharpens its focus on uranium and vanadium projects in the US.
The move is part of the Woodland Hills, California-company’s strategic transition into the nuclear energy space, aligning with rising demand for clean energy alternatives.
NanoViricides (NYSE-A:NNVC) said on Wednesday that its broad-spectrum antiviral candidate NV-387 has shown strong preclinical efficacy against multiple viruses, positioning it as a potential tool in global pandemic preparedness.
The Connecticut-based biotech firm said its NV-387 compound has demonstrated effectiveness in animal studies against a wide range of viral threats, including MPox, Smallpox, Measles, Influenza, Coronaviruses, and other orthopoxviruses.
Baselode Energy Corp (TSX-V:FIND, OTCQB:BSENF) has launched a private placement offering of up to C$5 million to fund exploration at its uranium projects in Canada’s Thelon and Athabasca Basins.
The offering will consist of up to 35.7 million flow-through units priced at C$0.14 each.
G Mining Ventures Corp (TSX:GMIN, OTCQX:GMINF) has announced a key development in the licensing process for its Gurupi gold project in Brazil, following a ruling from the 8th Federal Environmental and Agrarian Court of the Judicial Section of Maranhão.
The ruling resolves a longstanding permitting issue. The court annulled the preliminary and installation licenses granted in 2011, effectively removing legal and permitting liabilities associated with those authorizations.
Sona Nanotech Inc (CSE:SONA, OTCQB:SNANF) said on Wednesday it has received approval from Nova Scotia’s Health Research Ethics Board to proceed with a pilot human clinical trial of its gold nanorod-based cancer treatment in patients with late-stage melanoma.
The multi-centre trial involving up to 40 patients will test Sona’s Targeted Hyperthermia Therapy (THT), which uses biocompatible gold nanorods designed to destroy cancer cells with localized heat.
Power Metallic Mines Inc (TSX-V:PNPN, OTCQB:PNPNF) has reported positive results from preliminary mineralogy scans conducted on samples from the Lion zone at its Nisk project in Quebec.
The scans, performed by IOS Geosciences in Chicoutimi, aim to better understand the mineralogical characteristics of the deposit and inform future metallurgical recovery studies.
Caledonia Mining Corporation PLC's (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) shares rose 9% after the gold miner signalled a profit for the second quarter, with performance described as materially better than expected.
This follows a strong first-quarter result, underpinned by robust production and sustained gold prices.
Lancaster Resources Inc (CSE:LCR, OTCQB:LANRF) has provided a look at its upcoming exploration plans across its gold, uranium, and critical minerals portfolio.
The company said it is preparing to launch a field exploration program at its Lake Cargelligo Gold Project in New South Wales, Australia, in the third quarter of 2025.
Gem Diamonds Limited (LSE:GEMD, OTC:GMDMF) shares fell 15% following a challenging first-half trading update and the announcement of cost-cutting measures.
The company reported a 43% decline in revenue to $44.7 million, with carats sold down 22% to 44,360 and the average price per carat falling 26% to $1,008.
Shield Therapeutics PLC (AIM:STX, OTCQB:SHIEF) saw its share price rise 21% following a strong second-quarter trading update.
The company reported that net revenues from its iron deficiency treatment, ACCRUFeR, doubled to $12.8 million, up from $6.4 million in Q1.
Itaconix PLC (AIM:ITX, OTCQB:ITXXF) shares rose 9% following the announcement of record first-half revenue growth.
The plant-based polymer specialist reported a 73% increase in revenue to $4.8 million compared with the same period last year, surpassing market expectations. This also marks a 30% rise on the second half of 2024.
Guardian Metal Resources PLC (AIM:GMET, OTCQX:GMTLF) has today announced a successful US$27.2 million raise, including a $6.2 million injection from the US Government (via a Department of Defense award).
In the market, it raised approximately £15.6 million (US$21 million) before expenses through the issue of 25.945 million new shares priced at 60p each.
Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) reported a total portfolio contribution of $11.8 million in its second quarter, marking a 96.67% improvement on the $6 million seen in its first quarter.
Base metals generated $5.3 million of net portfolio contribution in Q2 2025, up 60.61% on Q1’s $3.3 million.
Itaconix PLC (AIM:ITX, OTCQB:ITXXF), which specialises in plant-based polymers designed to reduce the environmental impact of everyday products, has reported record revenue growth for the first six months of the year.
They rose 73% to $4.8 million compared with the same period last year, beating the $2.8 million generated in the same period last year. This growth also represents a 30% increase over the second half of 2024.
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) told investors it expects to report a profit for its second quarter, ended June 30, with the gold miner’s performance said to be materially better than expected.
It builds on a strong result in the first quarter.
Sovereign Metals Ltd (ASX:SVM, OTC:SVMLF, AIM:SVML) has announced the successful completion of a critical phase of its Definitive Feasibility Study (DFS) at the Kasiya Rutile Graphite Project in Malawi, with the conclusion of extensive geotechnical fieldwork.
The completed fieldwork is key to advancing the Tier-1 Kasiya project, as the company continues to refine its infrastructure planning and engineering designs for the development.
Race Oncology Ltd (ASX:RAC, OTC:RAONF) has reported significant progress during the June 2025 quarter, advancing both its clinical trials and corporate leadership.
The company successfully treated its first patient with RC220, its reformulated version of bisantrene, both as a standalone treatment and in combination with doxorubicin for patients with advanced solid tumours. This marks a critical milestone in its ongoing Phase 1 trial, which is focused on delivering enhanced anticancer efficacy while minimising the cardiotoxicity associated with traditional chemotherapy.
Altech Batteries Ltd (ASX:ATC, OTC:ALTHF) is making strong progress on funding its CERENERGY® battery project in Saxony, Germany. A major European bank is close to completing final checks for potential debt financing, including site visits. At the same time, Altech has applied for a federal government guarantee to reduce project risk.
In terms of equity funding, the company is looking for a strategic partner to take a 49% stake in the project and has also signed non-binding agreements to sell all battery output from the first five years of production.