The following stocks are the leading risers and fallers on AIM in London on Tuesday.
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AIM - WINNERS
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Harvest Minerals Ltd, up 23% at 14.08 pence, 12-month range 2.65p-14.25p. Hits 12-month high after saying sales orders in January and February total 30,161 tonnes, a multiple of internal forecasts and already equal to 35% of all sales order in 2021. Chair Brian McMaster says: ‘2021 was a pivotal year for Harvest as demand for our product increased and the company became profitable. During January and February 2022, we saw that momentum continue strongly with an upsurge in orders in February as farmers recognise the benefits of KP Fertil, which has now been certified as a fertiliser.’ Harvest is ‘well advanced’ on planning stages for an increase of capacity to 200,000 tonnes.
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Metal Tiger PLC, up 14% at 20.28 pence, 12-month range 17.75p-32.50p. Says investee Armada Metals Ltd starts diamond drilling at the Nyanga project in Gabon. ‘The diamond drilling programme of up to 3,000 metres will target Armada’s highest priority Ni-Cu targets along the Libonga-Matchiti trend at the Nyanga project in southern Gabon,’ Metal says. Metals holds about 14% stake in Armada.
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AIM - LOSERS
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Sunrise Resources PLC, down 27% at 0.14 pence, 12-month range 0.14p-0.27p. Sinks to 12-month low after ending talks with unnamed cement and ready-mix company over potential joint development of the CS natural pozzolan-perlite project. Had been providing samples for commercial testing, which it says showed commercial application of company’s natural pozzolan as a substitute for fly ash and cement in concrete.
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