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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Vast Resources PLC, up 23% at 0.79 pence, 12-month range 0.22p-7.50p. The production and development firm will begin molybdenum concentrate production at the Baita Plai polymetallic project in Romania this month.
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Wishbone Gold PLC, up 18% at 12.66 pence, 12-month range 0.057p-13.79p. The firm reports ‘encouraging’ drill results at the Red Setter gold and copper project in Western Australia.
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DeepVerge PLC, up 6.6% at 16.25 pence, 12-month range 9.02p-33.00p. The environmental and life science firm’s Modern Water division wins new orders worth for £2.1 million. It will use its all membrane brine concentration technology to treat wastewater for chemical plants in India.
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AIM - LOSERS
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Symphony Environmental Technologies PLC, down 13% at 16.50p, 12-month range 13.66p-28.92p. The plastics and rubber technology developer says revenue in the first half of 2022 declines 39% year-on-year to £3.0 million from £4.9 million. It notes ‘short term logistics and resource issues’ hit the half-year outturn, though these problems have since been resolved.
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Knights Group Holdings PLC, down 4.3% at 129.48p, 12-month range 83.80p-445.00p. Liberum double downgrades the legal and professional services firm to ’sell’ from ’buy’. It slashes its price target to 100p from 290p. The stock has fallen roughly 70% over the past 12 months. The Liberum recommendation between ’buy’ and ’sell’ is ’hold’.
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