There’s an air of uncertainty prevailing right now in markets, but the FTSE-100 finished the day in the black and the AIM All Share has been rallying into the close, too. A closely watched speech by Jerome Powell that’s due imminently could however set the pace. The junior index reached the bell down just over three points at 789.23.
- URU Metals +50%
- Strategic Minerals +33%
- Pulsar Helium +23%
- MyHealthChecked -23%
- Ampeak Energy -15%
URU Metals LON:URU was the biggest riser on the day, adding 50% by the bell. There’s no formal news out but expectations are running high that a previously trailed announcement of mining rights is imminent.
Strategic Minerals LON:SML was in second place, trading up some 33%. That extends the gains we noted yesterday off the back of significant drill results, taking the move since the start of the week to well in excess of 120%.
- AIM Market Roundup: Strategic Minerals, Catenai, Panthera
- AIM Market Roundup: Strategic Minerals, Kefi Gold, Helium One
Pulsar Helium [LON:PLSR] was 23% up on the day, taking the notable mention. The company announced this morning that it had mobilized a drill rig in Minnesota, which will confirm the potential resource at the site.
- Pulsar Helium makes its move on Michigan land package
- AIM Market Roundup: UK Oil & Gas, Tertiary Minerals, Pulsar Helium
MyHealthChecked LON:MHC issued a note this morning advising that it plans to sell Concepta Diagnostics to Boots for £2.37m, in a move that will make the company a cash shell with cash balances post liabilities of £5.7m. Today’s sell off takes the market cap some way below that.
Ampeak Energy [LON:AMP] was in second to last place down 15% on the day. The stock found support on Monday following news that the company had received planning approvals for a battery storage facility, but the gains appear to have been given back during Tuesday’s session. The quoted close spread is however near the 10% mark.
