This morning’s stubborn UK inflation data did little to boost equities but the AIM All Share held broadly flat through a rangebound session. The index closed down by less than one point at 786.51.
- Versarien +16%
- Arc Minerals +16%
- Oracle Power +12%
- Fiinu -19%
- Harvest Minerals -18%
Versarien LON:VRS was left leading the board with modest gains of just 16% today. That’s off the back of news that the company had completed a financing move with a subsidiary company that had freed up capital for grant applications. However volumes were thin and the move was inside the spread.
ARC Minerals LON:ARC also fared well, again up 16%. That extends the run of gains seen since the end of last week, with meaningfully higher volumes being printed, too.
Fiinu LON:BANK was the worst performer although again losses were limited to just 19%. There’s no news however, volumes have been wafer thin and the move is barely more than the spread.
Harvest Minerals LON:HMI was in second to last place, down 18%. There’s no fresh news out but this reverses recent gains seen off the back of yesterday’s update of its rare earths program in Brazil. Again volumes were light.
Oracle Power LON:ORCP gets the notable mention, up 12%. Assay results from a project in Kalgoorlie have seen the target zone for gold drilling expanded, upping the potential volume that can be extracted.
