The following stocks are the leading risers and fallers on AIM in London on Monday.
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AIM - WINNERS
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Mosman Oil & Gas Ltd, up 13% at 0.088 pence, 12-month range 0.065p-0.28p. The company says the Northern Territory government in Australia approves an application for the suspension and extension of work programme conditions at the EP145 asset. It ensures Mosman has additional time to complete a three-year work programme.
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Kibo Energy PLC, up 7.8% at 0.17 pence, 12-month range 0.0014p-0.20p. The Africa- and UK-focused energy project firm has inked a 10-year clean energy power purchase agreement on a waste-to-energy asset in South Africa, for an unnamed client.
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AIM - LOSERS
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Amur Minerals Corp, down 11% at 3.32p, 12-month range 0.012p-3.74p. The natural resources explorer, with assets in far-east Russia, falls as the threat of war looms large. Washington reaffirmed its warning Sunday that Russia could invade Ukraine at any moment.
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MTI Wireless Edge Ltd, down 10% at 60.90p, 12-month range 0.57p-64.00p. The Israel-based technology company expects a ‘lower than anticipated net profit’ for 2021, due to the strength of the Israeli shekel versus the dollar. Revenue, however, is expected to be in line with market expectations at around $43.2 million, up 6% from 2020. It also anticipates paying a dividend, in line with market expectations.
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Real Good Food PLC, down 9.1% at 2.50p, 12-month range 1.42p-4.75p. The Liverpool-based food producer says its ability to meet orders recently has been hit by shortages, delivery worries and absences. Sales in December and January were lower than expected, Real Good Food says. ‘We believe that these issues are short term ones and will ameliorate in the coming months,’ the company adds.
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