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The Markets
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Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Pharma & Biotech

Risers and fallers: Mkango Resources and Brave Bison

A look at what shares are hot and what's not on Wednesday morning

Some share movers in London at 3.15pm

RISERS

Styles & Wood Group plc (LON:STY), up 17.3% as the property services group was appointed as one of four strategic partners by one of the world's largest banking and financial services organisations for the delivery of its UK Capital Plan for over the next five years.

Brave Bison Group plc (LON: BBSN), formerly Rightster Group, up over 5% as its half year results for the six months to June 30 were warmly received by the market.

Surgical Innovations Group plc (LON:SUN), up 5.71% as it unveiled improved interim results for the six months to end June, showing a return to profit and to a net cash bank position.

LOSERS

Mkango Resources (LON:MKJA) down 5.71% as it posted second quarter results, in which it was upbeat on the price outlook for rare earths.

Gable Holdings Inc (LON:GAH), down over 20% as the European non-life insurance company, said that non-exec director Julian Connerty resigned from the Board with effect from the end of August.

Tekcapital PLC (LON: TEK), down 3.03%, as the provider of technology and IP services, posted its unaudited half year results for the six months ended 31 May 2016.

Some significant movers at around noon in London on Wednesday

RISERS

Ncondezi Energy Limited (LON:NCCL) up over 7% as it revealed Africa Finance Co had joined the investor group that agreed to provide a loan facility in May and said it has agreed to more than treble the size of the loan by offering further funds.

Taptica (LON:TAP), up almost 27% as the mobile advertising platform's latest half year numbers were cheered by the market.

Churchill China plc (LON:CHH), the ceramics maker, up almost 4% as it reported interims, which showed group revenue up 12% to £24mln (2015: £21.4mln)

FALLERS

Eurasia Mining plc (LON:EUA) down more than 13% after it issued a maiden reserve for the Semenovsky Tailings Project (STP), in Bashkiria, Russia, where it is in partnership with Metal Tiger (LON:MTC).

Castleton Technology plc (LON:CTP) down 5.84% as it revealed that the operations director Caro Bell will stand down from the board of directors with immediate effect.

Carclo (LON:CAR), down 12.74% as the London market failed to be cheered by its trading update.

Some significant share movers at around 10.40am

RISERS

Weatherly International plc (LON:WTI), up over 14% as the copper miner made a further amendment to its loan repayment schedule with Orion Mine Finance.

Gulf Marine Services (LON:GMS), up over 11% as it reported a solid first half for 2016, with EBITDA (underlying earnings) of US$70.7 million (EBITDA margin 64%).

Orogen Gold plc (LON:ORE), up over 4% as it updated on its Interest in the Mutsk gold project in southern Armenia, saying it had completed its earn-in.

FALLERS

Alexander Mining plc (LON:AXM), down 12.4% as it revealed its MetaLeach subsidiary has been granted a patent for a Method for Leaching Zinc Silicate Ores in Australia.

Gulf Keystone Petroleum (LON:GKP), down 21.49% as it launched today its open offer share sale to its existing shareholders.

Metals project firm Ferrum Crescent (LON:FCR), down 6.25% as it revealed that a second, nil-cost extension has been agreed and entered into in respect of the Company's exclusive option to acquire 100% of GoldQuest Iberica, S.L- the sole owner of the Toral and Lago lead-zinc exploration projects in northern Spain.

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The Markets
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