Synairgen PLC (AIM:SNG, OTC:SYGGF) shares were boosted by the company’s presentation at the European Congress of Clinical Microbiology and Infectious Diseases (ECCMID).
The respiratory company developing SNG001, an investigational inhalation formulation containing the broad-spectrum antiviral protein interferon beta, presented the subgroup’s analysis of its Phase 2 study, SG016, on Saturday, April 23 in an oral presentation.
Shares rose 2.8% to 23.94 pence as the company presented positive results from this phase 2 (SG016) hospital-based study; the results were first announced in July 2020 and published in The Lancet Respiratory Medicine in November 2020.
3:25 p.m .: Mila Resources breaks out on “exceptional dosages”
Mila Resources PLC (LSE:MILA) added a sixth to its value after reporting “exceptional assays” from its Kathleen Valley gold project in Western Australia.
The objective of the drilling program is to build on the existing inferred resources of the JORC and unlock the full potential of the project, which is located in an area that hosts some of Australia’s largest gold projects and is adjacent to the Bellevue Gold discoveries.
Highlights from the first five of 11 diamond drill holes included 6.6 meters (m) grading 14.86 grams of gold per tonne (g/t) and 21.79 g/t of silver from 209, 40m, and 3m grading 6.9 g/t gold and 21.62 g/t silver from 200m.
2:30 p.m .: Panther Securities sees profits soar after swing in swap commitments
Panther Securities PLC (LSE:PNS), the property investment company, climbed 24% to 340p after its full-year profit surged.
Profit for 2021 increased to £15.9m from £2.6m in 2020, thanks to a £16.8m adjustment to the company’s swap liabilities following market expectations of an increase in interest rates in the future.
Operating profit for the year under review was £7,701,000 compared to £6,704,000 for the previous year ended 31 December 2020.
1:35 p.m .: Anglo American is pushed back in Chile
Anglo American PLC (LSE:AAL) said Chile’s Environmental Assessment Service (SEA) had recommended that the permit application for the Los Bronces integrated project be rejected.
Shares of the FTSE 100 miner were down 5.9% at 3,255 pence in afternoon trading, making it one of the worst blue chip performers today.
Anglo American has been engaged in an environmental assessment process for its Los Bronces integrated project in Chile since 2019.
12:40 p.m.: Digital Zoo full of animal spirits after tips upgrade
Zoo Digital Group PLC jumped 5.8% to 119.5p after posting a full-year trading update.
The provider of end-to-end cloud-based media and location services to the global entertainment industry has updated its revenue and underlying earnings (EBITDA) guidance for the year just ended .
Full-year revenue is now expected to be approximately US$70 million (FY21: US$39.5 million), while EBITDA (adjusted for payments Equity Funds) is also expected to be significantly above previously revised expectations at approximately US$8 million, an increase of approximately 78% over the prior year (FY21: $4.5 million).
11:45 a.m.: CentralNic in flight after guidance upgrade
CentralNic Group PLC (AIM:CNIC) said it is confident it will “significantly exceed” market expectations for 2022 as organic growth accelerated further in the first quarter.
The internet domain name, hosting, monetization and marketing tools provider said it expects to report revenue of approximately $156 million and adjusted EBITDA of approximately $18 million. for the three months until March 31, 2022.
The shares were 4.6% heavier at 123.43p.
10:50 a.m .: Hummingbird Resources plunges after a difficult first quarter
Hummingbird Resources PLC shareholders were in shock after shares lost nearly a fifth of their value following an update from the mining company.
As expected at the start of that year, first quarter production fell to 15,548 ounces (oz) of gold from 18,181 ounces in the previous quarter, mainly due to planned essential maintenance work on the processing plant. .
This morning, we announced our first quarter 2022 operational and commercial update.
With essential plant maintenance completed and additional excavators on site resulting in increased mine volumes delivered, we remain on track to meet our FY22 guidance. https://t.co/elS07bl7NH
— Hummingbird Resources (@HUM_gold) April 25, 2022
As production fell, the all-in sustaining production cost rose to US$2,235 per ounce from US$1,803 per ounce in the fourth quarter of 2021.
9:55 am: McColl’s collapses as it nears collapse
Oh dear. McColl’s Retail Group PLC (LSE:MCLS) share price halved after the company issued a profit warning.
The board now expects adjusted underlying profit (EBITDA) for the current financial year (FY22) to be no higher than the level achieved during FY21 (£20m).
The company is still in refinancing talks and said it would likely wait for this issue to be resolved before releasing its annual results, even if it means pushing the publication date beyond the end of May 2022, which is the publication deadline. . (after which trading in the shares would be suspended).
9:00 a.m.: 7digital takes off with a new two-year contract; musicMagpie to sell refurbished tech on Back Market
7digital Group PLC has signed a new two-year deal worth at least £1m with a pan-Asian consumer services company, sending its shares up 8.3% to 0.325p.
The B2B digital music service provider said the new customer will use several unique services provided by 7digital’s music-as-a-service platform to provide an app-based music streaming service to enhance its engagement with his clients.
7digital will provide access to its global catalog, comprehensive license compliance management and curation through the 7digital playlist tool.
In keeping with the music theme, musicMagpie PLC jumped 5.3% to 50p as it announced its refurbished tech products will be sold on Back Market, the online marketplace for refurbished devices.
The launch of musicMagpie’s products will take place in the UK Back Market by the end of this month and in the US Back Market in mid-May 2022.
In addition to mobile phones, the deal includes technology categories such as game consoles, tablets, wearables and MacBooks. The launch adds an additional sales channel for musicMagpie’s products and will supplement existing sales through its own websites as well as Amazon and eBay, the company said.