AIM movers: Positive trading news from Fulcrum Metals and Angle slumps

Fulcrum Metals (LON: FMET) says the Teck-Hughes tailings project drilling has started and initial assays ae up to 1.2g/t gold. This is producing data for a mineral resource estimate. Phase 3 testing of the Extrakt technology will provide processing data. This will go towards the preliminary feasibility study. The share price recovered 51.8% to 6.375p. The July fundraising was at 3p/share.

Orosur Mining (LON: OMI) has published six more assays from the Pepa ME infill programme at Aza in Colombia. It also says that the El Cedro soil programme is producing excellent results. The share price improved 19.1% to 27.15p.

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Secure payments PCI-Pal (LON: PCIP) grew recurring revenues by 27% to £20.5m. In the year to June 2025, revenue rose by one-quarter to £22.5m. There was a move from loss to p-tax profit of £800,000. Net cash was £3.9m at the end of June 2025. Annualised recurring revenues could grow at up to 20%/year. The share price increased 13.2% to 51.5p.

IT training provider Northcoders (LON: CODE) says its consultancy business Counter has secured a contract valued at more than £500,000 with a business management software company. This is a major contract for the recently rebranded business. The share price rebounded 11.9% to 37.5p.

FALLERS

Cancer diagnostics technology developer Angle (LON: AGL) has been winning contracts for its pharma services business, but it is a tough market, and interim revenues fell by one-fifth to £800,000. Net loss increased from £7.7m to £9.3m. Net cash was £5.3m at the end of June 2025. Cash lasts until the first quarter of 2026. The share price dropped 34.8% to 3.75p.

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There is profit taking in recent new admission Medpal AI (LON: MPAL) and the share price fell 15% to 8.5p. The digital health and AI company raised £2m at 4p/share prior to joining AIM. This will finance the commercialisation of the company’s wellness app.

Arrow Exploration (LON: AXL) has four new wells onstream in the second half and production has increased to more than 4,800boe/day. Drilling will start at Mateguafa Oeste in mid-September. The share price dipped 5.56% to 12.75p.

Concrete levelling equipment supplier Somero Enterprises (LON: SOM) is still suffering from uncertain conditions in the US, but sales are also declining in other markets. There is lower activity in larger scale projects. Interim revenues fell 23% to $39.8m, while pre-tax profit slumped 52% to $5.4m. Annual cost savings of $6m have been made. Full year pre-tax profit is forecast to fall from $25.4m to $15.3m. The share price declined 1.1% to 222.5p, having been as low as 210p.  

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