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The Markets
by Proactive
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 & Fallers: Urals Energy, Westminster Group, Oilex...

Major share price risers and fallers in London at 4pm

Major share price risers and fallers in London at 4pm

RISERS

Urals Energy PLC (LON:UEN) up 42% to 3.38p Russian oil company moves into profit helped by exchange rate gains.

Westminster Group PLC (LON:WSG) up 10% to 27.4p. Security group moves back into the black stripping out the effect of Ebola on its operations in airports in Africa.

FALLERS

Oilex PLC (LON:OEX) down 12% to 0.42p. India-focused oil group has cut more staff but is still hopeful of drilling a well in first half of 2017.

Porta Communications PLC (LON:PTCM) down 8% to 3.34p. Media and PR firm sees profits slip in wake of Brexit vote.

Major share price risers and fallers in London at 1pm

RISERS

Anglo African Agriculture PLC (LON:AAAP) up 17% to 1.05p. David Lenigas vehicle has received an offer to buy its 49.9% interest in its Guar Bean Production Joint Venture in South Africa.

LGO Energy PLC (LON:LGO) up 14% to 0.11p. RNS statement that Mike Joseph has tripled his stake to 6.45% though purchase of 300mln shares at a cost of £300,000 sends shares in Trinidad-based oiler soaring.

ASA Resources Group PLC (LON:ASA) up 13% to 2.12p. The company is separating its gold, nickel, diamond and copper operations into separate entities to “unlock significant value” for its shareholders.

FALLERS

Plus500 PLC (LON:PLUS) down 13% to 656p. Founders of the spread betting company sell 15.5mln shares at 650p to raise £100.75mln.

Boxhill Technologies PLC (LON:BOX) down 11% to 0.19p. Interim profits at the Weather Lottery and payments group slip to £288,000 from £336,000.

Galantas Gold PLC (LON:GAL) down 8% to 8.65p. Judicial review into the granting of planning permission for its mine in Ulster will now take at least until December.

Major share price risers and fallers in London at 10am

RISERS

Patagonia Gold plc (LON:PGD) up 23% 2.66p. A storming set of interim results from Argentina-focused gold miner including a US$10mln swing into profit.

Strat Aero PLC (LON:AERO) up 21% to 0.85p. Drone services group has settled all litigation with boss of Aero Kinetics. Strat Aero has paid US$75,000 and issued shares equal to 11.75% of company to W Hulsey Smith.

Edenville Energy PLC (LON:EDL) up 15% to 0.49p. Tanzanian thermal power station developer has raised £500,000 at 0.4p per share through an oversubscribed placing.

FALLERS

Capita PLC (LON:CPI) down 26% to 700p. Outsourcer warns of lower profits due to congestion contact overrun and Co-op Bank contract problems.

Harvey Nash PLC (LON:HVN) down 9% to 60p. Recruiter’s profits slide 20% to £3.8mln due partly to a freeze in job hiring after Brexit.

Vernalis plc (LON:VSR) down 8% to 41p. Losses soar to £17.1mln due to higher costs and weakness of sterling. Biotech company has invested heavily in cough cold franchise Tuzistra.

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