Below are some of the main news-driven share price changes as at 4.15pm.
RISERS
GoldBridges Global Resources (LON:GBGR), up 17.5% at 2.35p. The company announced it will progress development of its Sekisovskoye underground mine by using a haulage decline rather than sinking a shaft. This will enhance financing flexibility for the mine by significantly reducing the capital expenditure required to deliver the underground expansion.
African Potash (LON:AFPO), up 13.6% at 0.80p. The company’s non-executive directors have agreed to accept shares in lieu of cash for services rendered thus far this year.
Kibo Mining (LON:KIBO), up 12.1% at 0.5p. The company announced the findings of phase 2, stage 1 of the mining pre-feasibility study of its Mbeya coal-to-power project.
LOSERS
Tribal Group (LON:TRB), down 9.7% at 146p. Adjusted profit before tax more than halved to £2.0mln in the first half of 2015.
Glencore (LON:GLEN), down 5.8%. The miner and commodities trader has been hammered by the fall-out from China’s currency devaluation.
Tex Holdings (LON:TXH), down 4.5% at 105.5p. The first half saw flat sales, flat earnings and a flat order book.
Below are some of the main news-driven share price changes at 9.15am.
RISERS
Pure Wafer (LON:PUR), up 24.7% at 159p. The company has got shot of the Swansea property that was damaged in the fire just before last Christmas, and has substantially settled all outstanding obligations in respect of government grant funding. As a result, the board had predicted that the return of funds to shareholders resulting from the insurance settlement will be in the range of 140p to 145p per share.
CentralNic (LON:CNIC), up 16.7%. Someone has been reading yesterday’s article on Proactive Investors about the Google name change and what it means for Internet registration firm CentralNic…
Vmoto (LON:VMT), up 12.5%. Scooter maker Vmoto saw strong growth in revenue and even stronger growth in earnings in the first half of 2015.
FALLERS
Active Energy Group (LON:AEG), down 16.0%. The wood chip provider has been hit by a double whammy of a temporary spike in local timber prices and some production line difficulties (now resolved). It warned on profits but emphasised that the long-term view looks good, with the company set to increase capacity this year to meet extremely high demand for its produce from Turkey.
Camkids (LON:CAMK), down 15.8%. The Chinese designer, manufacturer and distributor of branded outdoor clothing, footwear and equipment for children issued a gloomy trading statement on Monday, since when the Chinese currency has been devalued.
Shanta Gold (LON:SHG), down 8.9%. The East Africa-focused gold producer, developer and explorer produced an exploration update on its resource development programme at the New Luika Gold Mine in Tanzania.