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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Investments and investor services

Risers & fallers: PeerTV, Gulf Keystone, Stratmin, Anglesey, Red Emperor, Toumaz and more...

Stratmin is hitting its target graphite production rate at Loharano.

Below are some of the main news-driven share price changes at 3.45pm.

RISERS

Anglesey Mining (LON:AYM) up 32%. Shares have been on the rise since Friday when the miner, which is developing the Parys mountain project in Wales, reported that losses narrowed and the outlook for lead and zinc looks favourable.

Stratmin (LON:STGR) up 28%. The company said it has achieved it target production rate for graphite from a pilot plant at Loharano in Madagascar with up to 900kg of refined graphite being produced per hour.

Gulf Keystone Petroleum (LON:GKP) up 19.9%. Oil companies operating in Iraqi Kurdistan have been given new clarity on the process for oil export payments, with the semi-autonomous state’s Ministry of Natural Resources planning for monthly payments to oil companies.

FALLERS

PeerTV (LON:PTV) down 16.3%. The company issued 64mln shares at 0.078p per share to YA Global SPV and 87.5mln shares at 0.08p per share to CSS Alpha (BVI) Limited equivalent as part of drawdowns and repayments respectively.

Red Emperor (LON:RMP) down 14.2%. Drilling has started at the Hawkeye-1 exploration well in the Philippines. The well was spud on Friday.

Toumaz (LON:TMZ) down 10.3%. Revenues rose 30% to £14mln but underlying earnings [EBITDA] were flat at a loss of £5.5mln. The company added that the commercial roll out of some of its products had been delayed.

Below are some of the main news-driven share price changes at 9.30am.

RISERS

Zamano (LON:ZMNO), up 25.6%. A “highly conditional” bid approach for the mobile payments and marketing company has mobilised the share price. The indicated offer price of €0.20 per share has pushed the London-listed shares up 2.5p to 12.25p.

Sunrise Resources (LON:SRES), up 22.2%. The stock was an early riser after it revealed it has received the required consent for its proposed rill programme at the Bay State silver project in Nevada.

Herencia Resources (LON:HER), up 9.4%. Another resources stock on the move is Herencia, after it signalled a potential team-up with established Chilean copper producer Errazuriz, which owns the Tambillos copper project close to Herencia's Picachos open pit.

FALLERS

Fox Marble (LON:FOX), down 18.2%. A delay in accessing a second quarry in Kosovo and a fire at a supplier's has contributed to a disappointing first half revenue performance and will also hit full-year revenues.

Petroceltic (LON:PCI), down 10.3%. The company has decided to suspend formal marketing of its proposed bond issue until market conditions are less volatile.

Fidessa Group (LON:FDSA), down 10.1%. Half-year adjusted profit before tax dipped 1% from a year earlier to £19.8mln, and would have dipped a couple of percentage points more but for favourable FX movements.

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