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AIM WINNERS & LOSERS: Polar Capital gets upgrades; Oracle Power falls

ALN

The following stocks are the leading risers and fallers on AIM on Friday.

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AIM - WINNERS

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Bezant Resources PLC, up 11% at 0.078 pence, 12-month range 0.07p-0.02p. The copper and gold exploration company with projects in Africa, South America and the Philippines continues to rise after it says it now owns 80.6 million shares in Australian Securities Exchange listed Blackstone Minerals. The firm says it has sold 53.4 million shares in Blackstone for £1.8 million total from September 18.

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Polar Capital Holdings PLC, up 4.9% at 529.50p, 12-month range 558.00p-340.50p. Deutsche Bank Research raises the specialist fund manager to ’buy’ from ’hold’ and ups its price target to 600p from 550p. RBC raises its price target to 640p from 560p and maintains an ’outperform’ rating.

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AIM - LOSERS

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Tertiary Minerals PLC, down 21% at 0.05p, 12-month range 0.10p-0.03p. The mineral development company focused on deposits in the US, Zambia and northern Europe retreats after surging earlier in the week. On Wednesday, the company says the highest copper and silver grades to date have been found at its Mushima North project in Zambia. It says the results have extended the surface footprint of the mineralisation by around 100 metres. Overall, the stock is still up 17% this week.

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Oracle Power PLC, down 5.9% at 0.04p, 12-month range 0.10p-0.01p. The developer and investor in power and natural resource projects falls again after receiving notice to exercise warrants to subscribe for 107.1 million shares at 0.05467p per share on Thursday.

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