Author: Fiona Craig

Fresnillo PLC (LSE:FRES) posted strong silver and gold production results for Q2 2025, with gold output nearing the higher end of the full-year forecast. Although some mines experienced lower ore grades and mining activities at San Julián DOB were halted, gold production still rose by 1.0% quarter-on-quarter. Silver production, however, dropped 14.7% compared to the same period last year. The company also faced the tragic loss of two employees, leading to renewed emphasis on safety protocols.

Looking ahead, Fresnillo maintains its 2025 production guidance for both silver and gold. The company’s robust financial position and healthy cash flow are bolstered by strong cost controls and strategic efforts. Technical indicators point to sustained momentum, although valuation concerns could temper further gains. Insights from recent earnings calls underline stable production and a focus on delivering shareholder value.

More about Fresnillo

Fresnillo PLC is a prominent precious metals miner with a primary focus on silver and gold extraction. Operating multiple mines across Mexico, the company prioritizes operational efficiency and cost management to drive production growth.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

CyanConnode Holdings (LSE:CYAN) reported a 24% revenue decline for the fiscal year ending March 2025, largely due to election-related uncertainty and consumer hesitation in India, its largest market. Nevertheless, the company’s order book surged to £180 million—tripling year-on-year—with a landmark £70 million contract awarded by the Government of Goa, highlighting strong demand for its technology solutions.

To improve transparency, CyanConnode will start providing quarterly updates and has taken a cautious stance on future forecasts. Financially, the firm reduced its operating losses and improved gross margins thanks to cost-efficient product launches. Expansion efforts included establishing a UAE subsidiary and winning smart metering contracts in India, reinforcing its regional footprint.

While CyanConnode shows promise through significant order growth and strategic expansions, ongoing profitability challenges and cash flow issues remain concerns. Technical signals point to a potential recovery, but valuation pressures persist due to the company’s continued losses.

More about CyanConnode Holdings

CyanConnode Holdings plc is a specialist provider of narrowband RF smart mesh network technology, serving smart metering and IoT markets globally. With a strong focus on India, the company has also broadened its reach into the Middle East and North Africa regions.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

FRP Advisory Group Plc (LSE:FRP) has delivered strong full-year results for the period ending April 30, 2025, with revenue climbing 19% to £152.2 million and adjusted underlying EBITDA increasing by 11% to £41.3 million. Growth was driven by strong contributions across all service lines and successful acquisitions. Despite ongoing economic uncertainties, the company expanded its workforce by 21% and maintained a healthy balance sheet, ending the year with net cash of £33.3 million. Trading in the new financial year is in line with the Board’s expectations, positioning FRP well to capitalize on emerging market demands.

The outlook for FRP Advisory Group remains positive, supported by robust financial results and strategic corporate developments. While valuation appears fair and attractive to investors, some caution is warranted based on technical indicators. Overall, the company’s financial strength and strategic initiatives provide a solid foundation for continued growth.

About FRP Advisory Group Plc

Founded in 2010, FRP Advisory Group Plc is a leading national specialist business advisory firm offering a comprehensive range of services. These include restructuring, corporate finance, debt advisory, forensic investigations, and financial advisory to businesses, lenders, investors, and individuals.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

Guardian Metal Resources Plc (LSE:GMET) has successfully raised approximately £15.6 million (equivalent to US$21.0 million) through an equity fundraising round led by its largest shareholder, UCAM Limited. The capital will be directed towards advancing critical activities at its Pilot Mountain and Tempiute tungsten projects, including drilling programs, engineering assessments, and permitting processes. The company aims to complete a comprehensive pre-feasibility study by the first half of 2026.

In addition to this funding, Guardian Metal Resources recently received a US$6.2 million award under the DPA Title III program, further supporting its efforts to develop a reliable domestic supply of tungsten for the United States.

About Guardian Metal Resources Plc

Guardian Metal Resources Plc focuses on the exploration and development of tungsten assets in Nevada, USA. The company’s flagship projects, Pilot Mountain and Tempiute, are strategically positioned to help restore U.S. domestic tungsten production, with particular emphasis on meeting defense industry needs.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

Itaconix plc (LSE:ITX) announced record first-half revenues of $4.8 million for 2025, representing a 73% year-over-year increase. This strong performance was largely driven by growth in the cleaning products segment and the successful introduction of new offerings such as the BIO*Asterix® range. Additionally, the company deepened its partnership with Croda Inc., strengthening its foothold in the odor control market.

Despite robust top-line growth and a solid equity position, Itaconix experienced a decline in net cash, mainly due to increased inventory investments. The company continues to face challenges related to profitability and cash flow. Technical indicators point to bearish trends, and valuation remains subdued. Nevertheless, ongoing product innovation and strategic partnerships provide a cautiously optimistic outlook for future expansion.

About Itaconix

Itaconix plc specializes in developing sustainable, plant-based polymers that improve the safety, effectiveness, and environmental impact of consumer and industrial products. Leveraging proprietary itaconic acid technology, the company offers high-performance materials across a variety of applications.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

Manx Financial Group PLC (LSE:MFX) has announced that its subsidiary, Payment Assist Limited (PAL), has secured five significant new lending partnerships, expected to increase annual loan advances by £27 million and boost revenues by more than £5 million. These agreements involve collaborations with key players such as the Retail Automotive Alliance, eDynamix, Car Care Plan, Nissan Motor GB, Fix Auto UK, and Revive! Auto Innovations, enhancing PAL’s Buy Now Pay Later (BNPL) offerings across a range of automotive services.

This strategic move is set to reinforce Manx Financial’s foothold in the UK automotive finance market, opening up promising avenues for growth.

While the company benefits from solid financial results and an appealing valuation, short-term technical signals show a mixed picture. Continued record profit growth and a clear focus on supporting SMEs contribute to a favorable outlook, although moderate leverage will need ongoing attention.

About Manx Financial Group

Manx Financial Group PLC is a diversified financial services holding company based in the Isle of Man and the UK. Through its fully owned subsidiary, Payment Assist Limited, the group specializes in providing BNPL finance solutions, with a particular emphasis on the automotive sector.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

Personal Group Holdings plc (LSE:PGH) has delivered strong financial results for the first half of 2025, with group revenue rising by 11% and adjusted EBITDA increasing by an impressive 41%. The company achieved record insurance sales and maintained high customer retention, bolstering its solid performance.

Key drivers of growth include the expansion of digital insurance products and strategic partnerships, notably the collaboration with Sage Group, which is expected to fuel further progress. Supported by a healthy balance sheet, Personal Group is well positioned to meet full-year market expectations.

The outlook remains positive, backed by strong financial metrics and encouraging corporate developments. Technical analysis and valuation trends also suggest stability, while the absence of negative indicators in recent earnings communications reinforces confidence in the company’s trajectory.

About Personal Group Holdings

Based in Milton Keynes, Personal Group Holdings specializes in workforce benefits and health insurance solutions designed to offer affordable, accessible coverage for businesses and their employees. Its portfolio includes individual insurance policies and the award-winning Hapi benefits platform, which combines employee benefits, discounts, and rewards. The company serves a diverse client base of blue-chip organizations.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

Breedon Group plc (LSE:BREE) has reported a resilient first-half performance for 2025, managing to grow revenue by 7% amid a difficult trading environment. The revenue boost was largely driven by the acquisition of Lionmark, which expanded the company’s presence in the U.S. and diversified its exposure to new end markets. However, on a like-for-like basis, revenue declined by 3%, reflecting softer demand in both Great Britain and the U.S., as well as project delays in Ireland.

Despite a slight decline in EBITDA margins due to external pressures, Breedon’s focus on disciplined cost control helped limit the financial impact. The company increased its interim dividend, signaling confidence in its long-term outlook, though it expects full-year results to come in at the lower end of current market expectations.

Breedon remains positive about its medium-term growth, supported by a robust pipeline of infrastructure projects and a healthy order book, underpinned by government investment in key sectors.

While the company benefits from a solid financial position and favorable valuation, it faces challenges from mixed technical signals and a rise in debt. Nonetheless, recent corporate actions and strategic acquisitions reflect strong management confidence in future performance.

About Breedon Group plc

Breedon Group is a vertically integrated construction materials business operating across Great Britain, Ireland, and the United States. The company produces a wide range of essential construction materials and services, with a strategic focus on infrastructure and residential development projects.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

Ecora Resources plc (LSE:ECOR) has reported a sharp increase in portfolio contribution for the second quarter of 2025, fueled by strong performance in its base metals holdings—particularly copper and cobalt. Total contribution from the portfolio surged by 97% compared to the previous quarter, with standout results from assets such as Voisey’s Bay and Mantos Blancos.

This performance highlights Ecora’s strategic realignment toward a revenue model anchored in critical minerals. The company anticipates further volume growth in the second half of the year, driven by rising demand across the energy transition and electric vehicle sectors. The update reinforces Ecora’s commitment to sustainable value creation through its evolving asset base.

While financial challenges remain, including pressures on revenue and profitability, Ecora’s forward-looking strategy and recent operational milestones paint a moderately positive outlook. Technical indicators and management’s focus on long-term growth through critical mineral investments offer a promising foundation for future performance.

About Ecora Resources

Ecora Resources is a royalty and streaming company focused on minerals critical to global electrification and decarbonization efforts. Formerly concentrated on coal assets, the company has strategically pivoted to commodities such as copper, cobalt, and nickel—key materials for clean energy technologies and electric vehicles. Ecora is listed on both the London and Toronto Stock Exchanges and also trades on the OTCQX Best Market in the U.S.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

Informa PLC (LSE:INF) has reported a robust first-half performance for 2025, achieving over 20% growth across key financial indicators, including revenue, profit, earnings, and free cash flow. This strong momentum has prompted the company to upgrade its guidance for the full year, driven by continued demand in its core Live B2B Events and Academic Markets divisions.

Although Informa recorded a statutory operating loss due to a non-cash impairment charge, its overall financial health remains solid. The company has bolstered its balance sheet and enhanced shareholder value through increased dividends and an ongoing share buyback program. Strategic initiatives such as the ‘One Informa’ transformation and the integration of AI technologies are designed to boost efficiency and drive growth in targeted markets worldwide.

Informa’s outlook is underpinned by strong operational performance and positive investor sentiment, supported by proactive corporate strategy and shareholder return initiatives. Nonetheless, elevated valuation levels and broader economic uncertainties suggest the need for cautious optimism.

About Informa PLC

Informa PLC is a global business intelligence, academic publishing, and events company, operating in three main segments: Live B2B Events, B2B Digital Services, and Academic Markets. Renowned for its premier brands and leading international presence, the group leverages rich first-party data and customer-centric approaches to maintain its competitive edge across industries and regions.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.