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Risers & Fallers: Goals Soccer, Bezant Resources, Safeland, Strategic Minerals, Frontier and more...

Below are the main news-driven share price movements at 4pm

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Mike Ashley's Sports Direct bought shares in Goals Soccer

Below are the main share price movements at 4pm.

RISERS

Bezant Resources (LON:BZT) up 17.6%. The company has signed an option agreement to potentially acquire Leewards Islands Exploration. Leeward has the option to buy interests in near-surface, alluvial platinum and gold mining exploration licences in the Choco Department of Colombia.

Safeland (LON:SAF) up 10.8%. Interim pre-tax profit rose to £4.3mln from £2.2mln the year before on higher revenue after it completed two phases of its Wimbledon project early.

Strategic Minerals (LON:SML) up 10.7%. It has received all required regulatory approval and has started the extraction of a bulk sample from the proposed Tatu coal mine on the North Island of New Zealand.

Goals Soccer (LON:GOAL) up 9%. Mike Ashley-backed Sports Direct bought an almost 5% stake in the company today.

 

FALLERS

Frontier Resources International (LON:FRI) down 26.7%. The company warned that it is looking at funding options for immediate working capital as it tries to “substantially reduce” its costs.

Applied Graphene Materials (LON:AGM) down 8.4%. Full-year pre-tax losses widened to £4mln from £2.7mln while cash in the business almost halved to £4.7mln.

 

Below are the main share price movements at 1pm.

RISERS

Silver Falcon (LON:SILF) up 15.4%. Optiva Securities have been appointed the sole broker of the company, as an investor, Wayne Gibson, took his stake in the shell investment company aiming to acquire fintech start-ups, to 4%.

Diploma (LON:DPLM) up 15.1%. The company reported a 4% jump in pre-tax profits to £51.8mln last year, but the results could have been even better, as weaker Australian and Canadian dollars impacted the results.

Tethys Petroleum (LON:TPL) up 14.7%. The central Asia-focused oil producer reported on a third quarter, in which it lowered costs but increased production amid a tough oil market.

 

FALLERS

China Africa Resources (LON:CAF) down 13.1%. It has been given a US$200,000 loan from Hong Kong East China Non-Ferrous Resources, a major shareholder.

Mytrah Energy (LON:MYT) down 8.1%. The renewable energy group has expanded a wind farm in India, but said the first part of the wind season was worse than expected.

TUI AG (LON:TUI) down 4.6%. The biggest faller on the FTSE 100, travel firms fell following the terrorist attacks in Paris, on Friday. Extremist organisation Islamic State has claimed responsibility for the attacks, with police hunting the accomplices believed to be involved.

 

Below are the main share price movements at 9.30am.

RISERS

PCG Entertainment (LON:PGCE) up 50%. The online gaming firm said it continues to grow in China, despite the recent economic turmoil. The group reported revenue rose in the three months to September to US$6mln from US$1,112 the year before.

Infrastrata (LON:INFA) up 15.8%. It has agreed to sell its exploration assets to focus on its storage project in Northern Ireland. The company will be paid £240,000 initially and a 4% share of any profits from the Brigantes and Corfe projects.

Eden Research (LON:EDEN) up 11.4%. Its partner, Lachlan Kenya, has gained approval to sell Eden’s fungicide 3AEY under the trade name Hawk. Eden is due a milestone payment and will begin receiving royalties.

 

FALLERS

Velox3 (LON:VLOX) down 40%. The company believes it will not be able to implement an investment policy before the December 4 deadline and will be suspended from AIM on December 7.

Juridica (LON:JIL) down 20.4%. The company, which provides capital for legal claims, said a client has won its theft of trade secrets dispute against a much larger company, but after lower-than –expected damages, will only be able to pay Juridica US$2mln. Juridica had put up an initial US$3.5mln and valued the case at US$9.4mln.

HML Holdings (LON:HMLH) down 10%. Higher one-off costs hit pre-tax profit in the first half, which was broadly flat at £614,000 despite higher revenue. 

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