Category: Market News

  • Avacta Sells Coris Bioconcept to 3B BlackBio Dx, Refocusing on Oncology

    Avacta Sells Coris Bioconcept to 3B BlackBio Dx, Refocusing on Oncology

    Avacta Group plc (LSE:AVCT) has finalized the sale of its entire shareholding in Coris Bioconcept SRL to 3B BlackBio Dx Ltd, following completion of all closing requirements. This divestment allows Avacta to concentrate on its core business of developing targeted oncology therapies, potentially strengthening its position within the life sciences sector.

    While strategic progress in its oncology programs offers some optimism, Avacta continues to face financial challenges, including ongoing losses and the need for additional funding. Technical indicators provide limited short-term support, but the overall outlook remains cautious.

    About Avacta Group plc

    Avacta Group plc is a clinical-stage life sciences company dedicated to developing innovative, targeted oncology drugs. Its proprietary pre|CISION® platform enables highly potent therapies to be delivered directly to tumor microenvironments while reducing effects on healthy tissues. Avacta’s pipeline includes pre|CISION® peptide drug conjugates and Affimer® drug conjugates, offering distinct advantages over conventional antibody-drug conjugates.

    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.

  • Journeo Expands Agreement with First Bus to Include London Fleet

    Journeo Expands Agreement with First Bus to Include London Fleet

    Journeo plc (LSE:JNEO) has announced a £3.5 million extension to its framework agreement with First Bus UK, now covering the newly acquired First Bus London fleet. The expansion will provide advanced 5G vehicle gateways, digital CCTV, and digital wing mirror technology, supporting Journeo’s efforts to contribute to the decarbonization of London’s public transport system and strengthen its market presence.

    Journeo’s solid financial performance, demonstrated through consistent revenue growth and stability, remains a key strength. Technical indicators offer a cautious view due to mixed signals, while the company’s valuation appears fair. The absence of recent earnings calls or corporate events does not materially affect the outlook.

    About Journeo

    Journeo plc is a leading provider of Intelligent Transport Systems, delivering solutions for cities, towns, airports, and public transport networks. The company works closely with local authorities, Network Rail, and multinational transport operators to enhance efficiency and sustainability. Operating through five subsidiaries, Journeo focuses on fleet systems, passenger systems, information displays, and technical services across the UK and Scandinavia. Significant investment in R&D supports innovative, scalable solutions that integrate with existing technologies.

    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.

  • Dialight Posts Mixed Trading Update Amid Economic Headwinds

    Dialight Posts Mixed Trading Update Amid Economic Headwinds

    Dialight plc (LSE:DIA) has reported a slight drop in sales for the five months ending August 2025, citing tariff uncertainties and a challenging macroeconomic environment affecting its hazardous area markets. Despite these pressures, the company remains confident in its profit and cash generation prospects, highlighting margin improvements, cost savings, and foreign exchange gains. Net debt has been reduced, and Dialight expects to meet market expectations for the fiscal year ending March 2026.

    The outlook combines strong revenue growth and positive corporate developments with ongoing profitability challenges and valuation concerns. Technical indicators show mixed signals, reflecting short-term bullish momentum alongside potential oversold conditions. While the company’s return to profitability and strategic initiatives are encouraging, operational inefficiencies and cash flow management remain key risks.

    About Dialight

    Dialight plc is a global provider of sustainable LED lighting solutions for industrial applications. The company delivers next-generation lighting products designed to enhance energy efficiency and safety, offering superior performance, reliability, and durability while reducing energy usage and maintenance costs. Headquartered in the UK, Dialight operates across multiple regions including Australia, Dubai, Germany, Malaysia, Mexico, Singapore, the UK, and the USA.

    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.

  • eEnergy Group Selected for Major Solar PV Initiative in Midlands Schools

    eEnergy Group Selected for Major Solar PV Initiative in Midlands Schools

    eEnergy Group plc (LSE:EAAS) has been appointed as the preferred supplier for the Great British Energy Solar Partnership’s Midlands Lot 1, tasked with installing rooftop solar PV systems across up to 47 schools. The project strengthens eEnergy’s position as a leading provider of solar and LED solutions in the UK education sector and represents a key milestone in its focus on public sector contracts. Completion is expected by March 2026, with most revenue anticipated in FY26, highlighting the company’s commitment to lowering energy costs and reducing carbon footprints in schools.

    The company continues to face financial challenges, including persistent losses and weak cash flow management. Technical indicators offer mixed signals, showing the stock approaching overbought levels but with limited momentum. A negative P/E ratio underscores ongoing financial constraints, resulting in a cautious overall outlook.

    About eEnergy Group

    eEnergy Group plc is a digital energy services provider specializing in solutions that support B2B and public sector organizations in achieving Net Zero. Its offerings include LED lighting and controls, solar PV installations, and EV charging management, all delivered with minimal upfront capital requirements. eEnergy has completed over 1,100 decarbonization projects and partnered with more than 840 schools, establishing itself as a market leader in the education 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.

  • Supreme PLC Acquires 1001 Carpet Care Brand to Boost Consumer Portfolio

    Supreme PLC Acquires 1001 Carpet Care Brand to Boost Consumer Portfolio

    Supreme PLC (LSE:SUP) has purchased the trade and intellectual property of the renowned 1001 Carpet Care brand from the WD-40 Company for £1.65 million, with additional contingent payments linked to future sales performance. The acquisition supports Supreme’s strategy to expand its consumer goods portfolio, providing access to new retail channels and the opportunity to grow 1001 into a broader household cleaning brand. The deal is expected to contribute to earnings immediately and integrate seamlessly without disrupting existing customer service.

    Supreme’s financial strength—demonstrated through solid revenue and profit growth, efficient balance sheet management, and strong cash flow—remains a key factor in the stock’s appeal. Strategic corporate moves, including acquisitions and market expansion, further enhance investor confidence. While technical analysis shows some resistance levels, the company’s low P/E ratio and attractive dividend yield make it a compelling option for value-focused investors.

    About Supreme PLC

    Supreme PLC is a leading manufacturer, supplier, and brand owner in the fast-moving consumer goods sector. Operating across three divisions—Vaping, Drinks & Wellness, and Electricals—the company maintains a vertically integrated platform covering product development, manufacturing, and extensive retail distribution. Its portfolio includes globally recognized brands as well as in-house labels like 88Vape, and it has grown through acquisitions such as Typhoo Tea and Clearly Drinks.

    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.

  • Hamak Gold Publishes Interim Results, Advances Nimba Project and Bitcoin Initiatives

    Hamak Gold Publishes Interim Results, Advances Nimba Project and Bitcoin Initiatives

    Hamak Gold Limited (LSE:HAMA) has released its interim results for the six months ending June 30, 2025, highlighting progress on both its gold and digital asset strategies. The company has entered a joint venture with First Au Limited for the Nimba gold exploration project, initiating a 3,000-meter drilling program and receiving initial consideration in cash and shares from FAU.

    In parallel, Hamak Gold is implementing a Bitcoin Treasury Management Policy, acquiring 20 Bitcoin and forming a strategic partnership with ARCHAX. These steps are designed to enhance the company’s balance sheet, support accelerated growth, and deliver shareholder value through a dual focus on gold exploration and cryptocurrency exposure.

    About Hamak Gold Limited

    Hamak Gold Limited is a UK-listed exploration company concentrating on gold assets in Africa, particularly the Nimba Licence in Liberia. The company is also pursuing a crypto treasury management approach, offering investors exposure to digital assets through its main board listing on the London Stock Exchange.

    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.

  • Great Western Mining to Launch Drilling Campaign in Nevada This October

    Great Western Mining to Launch Drilling Campaign in Nevada This October

    Great Western Mining Corporation PLC (LSE:GWMO) has announced plans to begin drilling at its Rhyolite Dome and West Huntoon projects in Nevada, targeting promising gold and copper prospects. The company has engaged HD Drilling LLC to complete around 1,800 meters of drilling, scheduled to start in early October. The program aims to transform surface anomalies into defined mineralization, helping to de-risk exploration and unlock further value across the company’s Nevada holdings. Results from this campaign will be used to guide subsequent exploration initiatives.

    About Great Western Mining

    Great Western Mining Corporation PLC is an exploration and development company with a diversified portfolio of 100%-owned claims in Mineral County, Nevada. Its projects focus on both near-term development opportunities and long-term exploration potential in gold, silver, copper, and tungsten—resources aligned with U.S. critical minerals priorities.

    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.

  • Team Internet Group Delivers H1 2025 Update Highlighting Strategic Shift and Steady Growth

    Team Internet Group Delivers H1 2025 Update Highlighting Strategic Shift and Steady Growth

    Team Internet Group PLC (LSE:TIG) has released its unaudited results for the first half of 2025, underscoring the impact of its ongoing transformation strategy. The company reported resilient cash generation, rising adoption of its RSOC platform, and growth in international e-commerce sales. While both gross and net revenues declined due to a deliberate move away from legacy monetization, Team Internet secured major new contracts and achieved international scaling within its comparison segment. The search division’s shift to RSOC continues to gain traction, validating market demand. Looking ahead, the group remains focused on sustainable expansion, margin improvements, and creating shareholder value, with financial benefits expected to materialize in the second half of the year.

    Despite operational progress, challenges remain. Profitability and leverage issues continue to weigh on performance, though strong cash flow provides some support. Technical indicators show mixed momentum, and while negative earnings pressure valuation, the company’s high dividend yield adds an element of attractiveness for investors.

    About Team Internet Group

    Team Internet Group PLC is a global internet services company specializing in recurring revenue streams by connecting businesses with domains, brands with consumers, and publishers with advertisers. Its operations span four segments—domains, identity & software, comparison, and search—with a focus on modernizing offerings, expanding into larger addressable markets, and driving efficiency gains.

    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.

  • SolGold Shifts Tax Base to Switzerland to Advance Growth Strategy

    SolGold Shifts Tax Base to Switzerland to Advance Growth Strategy

    SolGold plc (LSE:SOLG) has confirmed that it will relocate its corporate tax domicile to Switzerland effective August 28, 2025. The move is designed to strengthen the company’s financial framework and forms part of its wider corporate transformation. Central to this strategy is the Cascabel Project, now fully owned by SolGold Finance AG, a Swiss subsidiary. The relocation of CEO Dan Vujcic to Europe, combined with the consolidation of Cascabel’s ownership, is expected to enhance execution, improve project economics, and drive higher post-tax cash flow—unlocking greater value for shareholders.

    Despite these steps, SolGold continues to grapple with financial pressures, including recurring losses and negative cash flow, which weigh heavily on its valuation. Nevertheless, recent corporate developments and governance enhancements provide some encouragement for its longer-term outlook.

    About SolGold

    SolGold is a resource development company focused on discovering and advancing world-class copper and gold deposits. In addition to delivering value for shareholders, the company emphasizes social and economic contributions to host communities, workplace health and safety, and minimizing environmental impact. SolGold’s shares trade on the London Stock Exchange.

    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.

  • Cloudbreak Discovery Launches Expanded Exploration Program at Darlot West

    Cloudbreak Discovery Launches Expanded Exploration Program at Darlot West

    Cloudbreak Discovery PLC (LSE:CDL) has initiated exploration activities at its enlarged Darlot West Gold Project in Western Australia, which now spans 60.6 square kilometers. Situated close to the Darlot Gold Mine, the program will focus on refining drill targets through extended rock sampling, field mapping, and geochemical soil surveys. The initiative is intended to strengthen the company’s operational capabilities and enhance its positioning within the gold exploration market.

    About Cloudbreak Discovery PLC

    Cloudbreak Discovery PLC is a project generator and natural resource exploration company with a diversified approach to mineral and energy assets. Operating through wholly owned subsidiaries, it seeks to develop and monetize high-value resource projects by leveraging a multi-asset strategy aligned with cyclical trends in the commodities market.

    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.