Tertiary Minerals (LON: TYM) revealed results for four holes drilled during the phase 3 programme at Target A1 at the Mushima North project in Zambia. They indicate further high-grade silver and copper mineralisation with significant potential for it to be extended. The share price jumped 27.8% to 0.115p.
Advanced coating provider Hardide (LON: HDD) shares continue their upward trajectory following yesterday’s order from a North American energy company worth $1m. This should be delivered in the second half. Cavendish upgraded its earnings forecast by one-quarter to 1.9p/share on a £1m increase in forecast revenues to £9m. The share price is a further 13.3% higher at 23.5p.
Corero Network Security (LON: CNS) chief executive Carl Herberger bought 138,000 shares at 13.26p/share. He owns 1.84 million shares. The share price rose 5.16% to 13.25p.
Yesterday afternoon, Tap Global Group (LON: TAP) said that the High Court of Justice Business and Property Courts of England and Wales has dismissed all claims against chief executive Arsen Torosian and Tap N Go. Tap Global was dismissed from the proceedings in 2024. The share price improved 3.33% to 1.55p.
FALLERS
Tiger Alpha (LON: TIR) has deregistered its KDN-1 subnet investment within the Bittensor network. There was an initial investment of 200 TAO at a cost of $86,000 and following deregistration 900 TAO were issued at a value of $161,875. The share price dipped 10.5% to 0.425p.
Alien Metals (LON: UFO) joint venture partner West Coast Silver has announced assay results from the Elizabeth Hill silver project in the Pilbara region of Western Australia. Silver was intersected in multiple drill holes and there were some exceptionally high grades and broad zones of mineralisation. There are indications of opportunities to the north west of any previous drilling. The exploration continues and West Coast Silver has increasing confidence in the potential for the project. The share price fell 9.52% to 0.19p.
Berenberg has cut its share price target for Next 15 Group (LON: NFG) from 580p to 510p, but it retains the buy recommendation. The share price slipped 10.8% to 291.75p.
Marketing services provider YouGov (LON: YOU) traded in line with expectations in the first half. Revenues grew in low single digits despite a slight decline in YouGov Shopper. The data products division was flat, and the research division grew. There is positive momentum going into the second half, but management is cautious. Operating profit will depend on cost control. The interim results will be published on 24 March. The share price declined 6.9% to 205.75p.
Gold producer and explorer Ariana Resources (LON: AAU) has settled outstanding loan balances due under the facility agreement with RiverFort Global Opportunities PCC, which issued a conversion notice. The outstanding balance of $782,575 was converted into 40.4 million shares and these are likely to be admitted to trading on 5 February. RiverFort is not likely to be a long-term shareholder so these shares could be sold in the near-term. The share price slid 6.25% to 1.95p.