Small Caps
Condor Gold begins infill drilling at La India open pit
Condor Gold has started a 1,700 metre infill geotechnical drilling programme within the permitted La India open pit, it announced on Tuesday.
Angus Energy buys Alba's interest in Brockham Field
Angus Energy announced the acquisition of Alba Mineral Resources’ 5% interest in the Brockham Field on Tuesday.
K3 Capital reports 'exceptionally strong' performance
Professional services company K3 Capital updated the market on its trading on Tuesday, reporting an “exceptionally strong” performance for the financial year just ended, having grown revenues and profits across all of its divisions.
Wentworth lifts guidance as gas demand improves
Tanzania-focussed natural gas production company Wentworth updated the market on its operations on Tuesday, lifting its guidance for the year.
RBC initiates coverage of ITM Power
RBC Capital Markets has initiated coverage of hydrogen electrolyser manufacturer ITM Power with a target price of 310p.
RBC Capital downgrades Anglo American, cites growing headwinds
RBC Capital Markets downgraded its recommendation on shares of miner Anglo American to ‘sector perform’ from ‘outperform’ on Tuesday, slashing the price target to 3,400p from 4,100p as it pointed to rising headwinds.
Andrew Day brings forward retirement from Keywords Studios
Keywords Studios updated the market on its chief executive officer Andrew Day on Tuesday, reporting that he had decided to bring forward a longer-term retirement plan, and would thus be leaving his role as CEO and his position as a director with immediate effect.
GB Group reports record performance ahead of consensus
Identity verification and fraud prevention technology company GB Group reported a record financial performance in its final results on Tuesday, ahead of updated market expectations.
Net losses balloon at Renalytix AI in third quarter
Renalytix AI recorded $0. 6m (£0. 43m) of services revenue in its third quarter, it said on Tuesday, related to work performed for Mount Sinai, and $0. 1m of testing revenue.
Iomart 'resilient' through pandemic as margin remains strong
Iomart reported “resilient” revenue through the Covid-19 pandemic in its final results on Tuesday, coming in at £111. 9m, down marginally from the £112. 6m it recorded in the 2020 financial year.
CSS acquisition drives revenue growth at IG Design
Stationery and gifting products designer IG Design Group reported a 40% improvement in revenue in its full-year results on Tuesday, to $873. 2m (£619. 01m), which it said was driven by a full year of trading at CSS since its acquisition.
Eurasia Mining progresses Rosgeo joint venture plans
Palladium, platinum, rhodium, iridium and gold producing company Eurasia Mining updated the market on the Rosgeo joining venture on Tuesday, having signed a binding agreement to create the venture in late March.
Tremor International launches offering on Nasdaq Global Market
Tremor International has commenced an initial public offering on the Nasdaq Global Market, it announced on Tuesday, of 6,768,953 American depositary shares (ADS), representing 13,537,906 ordinary shares.
Boohoo first-quarter revenues jump 32%
Fast fashion retailer Boohoo reported a jump in first-quarter revenues on Tuesday, thanks in part to strong performances in the UK and US, as it reaffirmed its full-year guidance.