|
The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. ---------- SMALL-CAP - WINNERS ---------- Panther Metals PLC, up 12% at 95.50 pence, 12-month range 130.20p-36.00p. The Canada-focused mineral deposits exploration company says tailings assays at the Winston project in Ontario, Canada exceed expectations. The firm says the testing returns high-grade gold, gallium silver, zinc, copper and cobalt. ‘These exciting assay results confirm our best hopes for the considerable value potential of precious metals and critical minerals stored within the Winston tailings pond,’ says Chief Executive Officer Darren Hazelwood. ---------- Sabre Insurance Group PLC, up 6.4% at 157.66p, 12-month range 167.00p-118.60p. The motor insurance underwriter says pretax profit is up 26% to £25.5 million in the first half of the year from £20.2 million. Gross written premiums are down 20% to £100.3 million from £125.7 million. The firm increases its interim dividend to 3.4p per share from 1.7p a year prior. Sabre says it is confident of delivering at least £80 million of pretax profit in 2030. ‘I am very pleased with our position at the halfway point of the year. We have continued to write measured but healthy volumes of business at our target loss ratios through the continued soft part of the market pricing cycle. We have maintained cautious claims inflation assumptions, and focussing on margins not volumes will help protect us against any external macro shocks,’ says CEO Geoff Carter. ---------- SMALL-CAP - LOSERS ---------- GSTechnologies Ltd, down 25% at 0.77p, 12-month range 3.65p-0.55p. The fintech company says it cannot publish its 2025 financial results by the Financial Conduct Authority’s deadline on Thursday and requests for its shares to be suspended from trading from Friday. The firm says its auditor has requested more time to complete internal oversight and assurance processes. ---------- NARF Industries PLC, down 17% at 0.44p, 12-month range 1.18p-0.26p. The cybersecurity provider swings to a pretax loss of $1.7 million in the 2025 financial year to the end of March from a $165,097 profit in the prior year. The company says revenue is down 60% to $3.0 million from $7.6 million. NARF notes that the last year has ‘marked a significant strategic transition’ which coincided with external headwinds. ‘The company’s current contract pipeline and prudent cash flow management provides sufficient runway to execute our strategy through the current financial year, without reliance on new capital resources or significant near-term contract wins,’ says Executive Chair John Herring. ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
|
