Spirent Communications (SPT) shares tick up 8.59% to 250.3p amid strong trading
Spirent Communications, which provides automated test and assurance solutions for next-generation devices and networks, announced that it has closed the year with “a strong performance in the final quarter with several important wins across all parts of the portfolio.”
The Company reported that strong order intake growth had continued through to the end of the year, resulting in full year revenue growing by 10% (7 % organically) to $576 million.
As a result, the company now expects to deliver an adjusted operating profit slightly ahead of general market consensus, which it noted represents “good earnings growth” over 2020.
Alba Mineral Resources (ALBA) shares jump by 39.20% to 0.245 as Chairman buys shares
Shares in the Greenland-focused exploration company jumped after its Executive Chairman, George Frangeskides bought 10,221,909 shares at an average price of 0.1475p for an ISA.
In total, Frangeskides spent £150,000 on the company’s shares today, Alba reported. As a result, shares in the company jumped as much as 48.15% to 0.2p during afternoon trading.
Helium One (HE1) shares rose 22.92% to 14.75p following successful satellite study
Shares in the primary helium explorer continue to rise after it told investors earlier this week that the completion of a multispectral satellite spectroscopy study had identified multiple additional surface helium anomalies at Rukwa, Eyasi and Balangida (100%) project areas.
CEO, David Minchin said the results of the study had identified “abundant helium anomalies over all three basins, indicating widespread charge and migration” and had “provided additional data to assist in the exploration and prioritisation of future drilling prospects.”
Further interpretation is now required to strip biotic and geomorphological signatures from the dataset and incorporate basin wide MSS data into work programme planning, it told investors.
Brave Bison Group (BBSN) shares tick up 15.63% to 1.85p as it expects to swing to a profit
The social and digital media company said trading in 2H21 has been strong and that revenues and viewing numbers across its advertising network have also been robust.
Brave Bison’s agency won several new customers during the final quarter of the year to 31 December 2021. Furthermore, the Group said the integration of Greenlight is now “well advanced” and that all previously identified synergies for FY21 have now been achieved.
Consequently, Brave Bison informed investors that it expects to report results that are ahead of current market forecasts as well as ahead of the corresponding period from the prior year.