Power Metal Resources in demand after finding anomalies at Botswana project
A look at Friday s major share movers on the London Stock Exchange
Power Metal Resources PLC (LON:POW) added 4% to 2.45p before close after finding extensive anomalies at the South Ghanzi Project in Botswana.
These findings align closely with previous fieldwork conducted and the established regional exploration model for the discovery of major copper/silver deposits within the Kalahari Copper Belt.
“The exploration story at South Ghanzi continues to progress at pace and we eagerly await the next phase of results and drill testing of several of these high-priority targets,” said Paul Johnson, the chief executive of Power Metal Resources.
Why the Argo Blockchain share price is crashing today
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Argo Blockchain(LSE: ARB) share price has crashed in early deals this morning. At the time of writing, the stock is off around 13%.
Unfortunately, this means that since reaching its all-time high of 284p in the middle of February, the Argo Blockchain share price has lost 55% of its value.
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However, to put this into perspective, over the past 12 months, the stock is still up 2,550%.
Best of the Best sees shares slide after latest update
A look at the major movers on the London market on Thursday Luxury cars among prizes from competition company
11.54am: Competition company loses out
Looks like a spate of profit taking in Best of the Best PLC, (LON:BOTB).
The company, which runs weekly competitions to win cars and other prizes, is down 10.77% or 335p to 2775p after it said full year revenues and pretax profits were expected to be in line with market expectations.
Even with this fall, the shares are up 88% since the start of the year.
11.06am: IT protection group heads higher