Small Caps
Helium One Global reports progress at Rukwa Project
Tanzania-focussed helium explorer Helium One reported progress and updated on strategic initiatives at its Rukwa Project in an update on Wednesday.
Nexxen International repays $100m of debt
Connected TV advertising technology specialist Nexxen International said in an update on Wednesday that it repaid its outstanding debt under the secured term loan ‘A’ and the revolving credit facility on 9 April.
e-Therapeutics proposes £29m fundraising, delisting from AIM
RNAi medicines data and development specialist e-Therapeutics proposed a fundraise and its delisting from AIM on Wednesday.
Caledonia Mining reports rise in Blanket Mine gold production
Caledonia Mining reported a notable increase in gold production from its Blanket Mine in Zimbabwe for the first quarter of 2024 on Wednesday, despite a reduction in production days compared to the same period in 2023.
Epwin reports strong year despite market challenges
Energy-efficient and low-maintenance building products specialist Epwin Group said in its final results on Wednesday that, despite challenges posed by raw material cost inflation and market volatility, it delivered a strong performance, with revenue totalling £345. 4m and underlying operating profit reaching £25. 5m, marking a 19% increase over the prior year.
Malvern International reports strong turnaround in 2023
Malvern International unveiled its preliminary results for 2023 on Wednesday, showcasing a notable turnaround in its business performance.
Mercia Asset Management reports record fund inflows
Mercia Asset Management released its trading summary for the financial year ended 31 March on Wednesday, with organic fund inflows surpassing £0. 5bn, marking a record and reflecting a 40% surge in third-party funds under management since the start of the financial year.
Chamberlin Q3 underlying demand below management expectations
Castings and machining group Chamberlin said on Wednesday that underlying demand was below internal expectations during Q3, with lower than anticipated sales "negatively" affecting profitability and working capital.
Fulcrum Metals acquires Canadian gold tailings project
Mineral exploration and development business Fulcrum Metals has agreed to acquire the Sylvanite Gold Tailings project, located in Kirkland Lake, Canada.
Strategic Minerals reports jump in Cobre sales revenue
Strategic Minerals said in an update on Wednesday that in the March quarter, sales revenue from Cobre totalled $0. 841m, marking an increase of over 100% compared to the same period in 2023.
XP Power Q1 revenues slide, remains 'confident' of market position
Power control components manufacturer XP Power said on Wednesday that both order intake and revenue declined in the first quarter but said it remains confident of its market position.
IQE confident in recovery as it expands AWSC partnership
Semiconductor wafer and advanced material specialist IQE announced its results for the year ended 31 December on Wednesday, alongside announcing an expansion of its partnership with Advanced Wireless Semiconductor Company (AWSC).
Treatt delivers 'sold' H1 performance, sales accelerate in Q2
Ingredients manufacturer Treatt said on Wednesday that it had delivered a "solid performance" in the first half of its current trading year, with sales accelerating in Q2 and year-on-year profit growth.
4basebio to provide synthetic DNA to tier-one pharma firm
4basebio confirmed the provision of its synthetic DNA to an unnamed tier-one pharmaceutical company on Wednesday.