|
The following stocks are the leading risers and fallers on AIM on Monday. ---------- AIM - WINNERS ---------- CVS Group PLC, up 11% at 1,077.00 pence, 12-month range 791.00p-1,226.00p. RBC raises CVS Group to ’outperform’ from sector perform. It ups its price target for the veterinary services provider to 1,500p from 940p. ---------- Logistics Development Group PLC, up 8.7% at 14.68p, 12-month range 8.00p-16.00p. The investment company reports an increase to its net asset value per share as at the end of 2024. NAV per share rises 4.4% quarter-on-quarter to 22.3p at the end of December. Logistics Development adds that it is preparing to return £21 million to shareholders through a tender offer at 19p per share. ‘The company expects to launch the tender offer in the coming weeks,’ it adds. ---------- AIM - LOSERS ---------- Harvest Minerals Ltd, down 22% at 0.47p, 12-month range 0.40p-3.40p. The fertiliser producer cautions on tough market conditions and says it has launched a strategic probe which could lead to the sale of one or both business divisions. Its first business line is the organic fertiliser KP Fertil. Its second is its rare earth elements offering. Harvest Minerals says total delivered volume in 2024 for KP Fertil reached 37,186 tonnes. Volume guidance budgeted for 2025 is estimated at 70,000 tonnes. ‘The 2025 Brazilian agricultural market remains impacted by high input costs, lower commodity prices, financial strain on farmers, and adverse weather conditions, which continue to affect fertiliser demand and overall market liquidity,’ it cautions. ‘In view of current market conditions, Harvest has launched a strategic review to explore and evaluate a range of alternatives, which could ultimately include the potential sale of one or both business divisions, to maximise shareholder returns.’ ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
|
