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The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. ---------- SMALL-CAP - WINNERS ---------- Panther Metals PLC, up 6.1% at 78.00 pence, 12-month range 99.00p-36.50p. Signs a three-year purchase option over three gold and base metal properties in Ontario’s Obonga greenstone belt, securing rights through January 2029. The option covers the properties Otter Gold, Z2 Gold and Wig claims, located around 160 kilometres north of Thunder Bay, and allows Panther to acquire the assets for total cash consideration of C$200,000, around $143,818 plus a 1.5% net smelter return royalty, subject to exploration commitments including at least 1,800 metres of drilling over the option period. ---------- Blencowe Resources PLC, up 6.5% at 7.72p, 12-month range 8.70p-2.69p. Reports European purification testwork that upgrades all Orom-Cross graphite products to 99.99% carbon content, confirming the highest ‘four-nines’ purity using a non-Chinese processing route. Testwork carried out with Alkeemia Spa in Italy validates a cleaner, lower-toxicity purification process and strengthens Orom-Cross’s positioning for high-value defence, nuclear and specialist energy markets, while supporting ongoing offtake and European market discussions. Executive Chair Cameron Pearce says: ‘’These purification results are a significant milestone for Orom-Cross and once again demonstrate that our graphite can achieve the very highest purity levels required for specialist applications, including defence, nuclear and strategic energy uses where quality and supply security are critical. It also opens the potential for a valuable new partnership to develop. Importantly, this work adds further upside potential to the economics outlined in our DFS by broadening access to higher-margin, supply-constrained markets.‘ ---------- SMALL-CAP - LOSERS ---------- Foxtons Group PLC, down 4.3% at 54.58p, 12-month range 50.10p-71.18p. Reports full-year 2025 revenue of around £172 million, up from £163.9 million, with adjusted operating profit of about £22 million broadly flat year-on-year from £22.1 million. The group completes the £6.5 million acquisition of Milton Keynes agent Cauldwell and says lettings, which make up about 64% of revenue, are expected to remain resilient in 2026. Foxtons expects revenue and profit growth in 2026, although it says sales begin the year with a lower under-offer pipeline and Q1 2026 sales revenues are set to be below Q1 2025. CEO Guy Gittins says: ’‘Despite economic headwinds and fiscal events creating uncertainty in our markets, the group delivered acquisition-led revenue growth and continued to make progress against our strategy. Through continued progress against our growth strategy, and underpinned by our portfolio of high quality, recurring Lettings revenues, we are confident in our ability to grow Group revenues and profits. Our focus remains on achieving our mediumterm targets, including the delivery of £50 million of adjusted operating profit.’ ---------- Copyright 2026 Alliance News Ltd. All Rights Reserved.
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