AIM movers: Another Hardide contract and ex-dividends

Advanced coating provider Hardide (LON: HDD) continues to win new orders. A further £1.8m of orders have been placed by an existing North American customer. Profitability is better than expected, helped by operational gearing. Cavendish has increased its pre-tax profit forecast by two-thirds to £2.3m. The share price jumped 29.2% to 31p, which is the highest it has been for nearly four years.

Eco Animal Health (LON: EAH) has secured distribution partners for launching ECOVAXXIN MS in major EU poultry markets. The vaccine treats Mycoplasma synoviae. This covers 220 million birds over the top seven producing countries. The official launch will be in June/July in Spain followed by regional launches. The share price gained 5.88% to 108p.

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Digital services provider Made Tech Group (LON: MTEC) grew interim revenues by 28% to £27.8m, while underlying pre-tax profit improved from £1.5m to £1.9m. Trading is ahead of expectations with signs of further UK government activity leading management to believe that there should be further sales momentum in the second half. Canaccord Genuity has raised its full year pre-tax profit forecast from £4.1m to £4.6m. The share price increased 9.22% to 38.5p.

Quantum Helium (LON: QHE) has gained government approval for the Coyote Wash project in Colorado. The formal approval of the Sagebrush assignment is still awaited. The share price improved 4.48% to 0.035p.

Fishing tackle and equipment retailer Angling Direct (LON: ANG) says trading was ahead of expectations in the year to January 2026. Revenues were 14% ahead at £103.9m, although there was a fall in European sales the related loss was reduced. EBITDA was £4.8m, whereas £4.35m was forecast. Net cash was £10.9m at the end of January 2026, following the opening of six new stores and spending £1.1m on share buybacks. The MyAD customer loyalty club has more than 600,000 members.  The share price rose 3.92% to 53p.

Eco Buildings Group (LON: ECOB) has agreed with its joint venture partner in Senegal the funding of a new production line in the country. G2 Invest Group is contributing €1.75m to fund the investment. A show house will be constructed in Senegal, and this will help with government approvals and the commercial launch. The share price is 2.43% to 44.25p.

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FALLERS

Oil and gas producer Jadestone Energy (LON: JSE) has set 2026 production guidance at 18,000-21,000boe/day, while total production costs are likely to be $260m-$300m. Capex will be $50m-$80m, which will predominantly be spent in Malaysia and Vietnam. Cash flow expectations are based on $70/barrel. There will be a $90m write down in the 2025 accounts relating to valuation of assets based on the oil price decline. At the end of 2025, 2P reserves were 56MMboe, down by 8.3MMboe over the year after production of 7MMboe during the year. Net debt is $89m. The share price slipped 10.9% to 22.5p.

Nativo Resources (LON: NTVO) has secured the right to design and operate La Patona gold ore processing plant, which is near the Tesoro gold concession in Peru. Negotiations took longer than anticipated and the commencement of work on the plant has been delayed by up to 15 weeks. Construction should be completed in the second half of 2026 and will cost $1.8m. The share price fell 4.85% to 0.49p.

Ex-dividends

Diales (LON: DIAL) is paying a final dividend of 0.75p/share and the share price dipped 2.5p to 25.5p.

Tribal Group (LON: TRB) is paying an advanced dividend of 1.3p/share and the share price slid 2.5p to 67.5p.

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