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SMALL-CAP WINNERS & LOSERS: Critical Mineral hails Morocco drilling

ALN

The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

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SMALL-CAP - WINNERS

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Critical Mineral Resources PLC, up 18% at 3.95 pence, 12-month range 1.00p-5.50p. The firm hails ‘extremely encouraging results’ from a maiden drilling programme at Agadir Melloul in Morocco. Drilling confirms a copper discovery, which establishes the ‘foundations for a potential district scale sediment hosted, copper-silver play’.

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Speedy Hire PLC, up 3.1% at 26.50p, 12-month range 17.62p-33.70p. The equipment hire services firm says a deal with HSS Hire Group PLC is now live. The deal sees Speedy Hire provide services to, and invest in, HSS Hire, which will rename itself ProService Building Services Marketplace PLC. Speedy is to hold just under a 10% stake in the soon-to-be-renamed HSS Hire. HSS Hire shares down 0.9%. The name change is expected to occur ‘on or around’ Tuesday.

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SMALL-CAP - LOSERS

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Stelrad Group PLC, down 12% at 149.00p, 12-month range 124.32p-180.00p. Trading has remained ‘subdued’ during the second half of 2025. The radiator manufacturer, in a trading update for the 10 months to October 31, says ‘uncertainty has continued to suppress volumes, resulting in lower revenues versus the prior year’. There has been a ‘degree of stability in the rate of volume declines’ in the second half when compared to the first, Stelrad adds. ‘The group continues to implement proactive margin management initiatives and cost reduction activities, with continued operational excellence playing an important role in offsetting declines in volumes. These actions, combined with our focus on higher added value products, are expected to result in another increase in contribution per radiator relative to prior year,’ the firm adds. For 2025, it now expects adjusted operating profit within a range of £32 million to £33 million, up from £31.5 million in 2024.

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