See our roundup of today's AIM risers - see the full LSE winners & losers board here.
Powerhouse Energy, UK Technology Firm With Pioneering Waste To Energy System, Rises
PowerHouse Energy (PHE) rose 8% this morning to 0.375p a share.
The company has a proprietary process technology - DMG® - which can utilise waste plastic, end-of-life-tyres, and other waste streams to efficiently and economically convert them into EcoSynthesis gas.
The Company is currently pre-revenue and is reliant on being able to raise further funds to continue its development and commercialisation strategy for its proprietary DMG® technology
Read more here & follow PHE here:
Frontera Resources Corp, Oil And Gas Energy Company Focused On Black Sea Region Rises
Fontera Resources (FRR) rose over 15% this morning to 0.383p a share.
The company released its half year results recently, posting total revenues of $1.8 million, and a net loss of $7 million.
The company is reducing year on year loss by US $4.4 million. It is continuing the “execution of its cost optimisation programmes and is further advancing the efforts to clean the balance sheet”
Read more here & follow FRR here:
Argos Resources, Oil & Gas Production Company Focused On The Falkland Islands Rises
Argos Resources (ARG) rose over 11% this morning to 5p a share.
The company released its interim results in August, posting rising revenues of $209 million from $185 million in the previous year, and profits after tax of $37 million, it has a market cap of £11.04m
The working interest partners in Licence PL001 within North Falkland Basin withdrew, company is in discussions with government on the reassignment of the Licence and seek to secure other partners to participate in its development
Read more here & follow ARG here:
Intercede Group, The Cybersecurity Company, Rises After Trading Update
Intercede Group (IGP) announced a trading update yesterday, with shares rising 8% this morning to 39p a share.
The cybersecurity company specialises in digital identities, derived credentials and access control, solving complexity and scalability issues by managing high volumes of digital credentials.
Revenues rose to £4.1m, up from £3.65m in 2017, they had a positive operating cash flow during the period and operating losses were reduced to less than £1m compared to £3.1 in the previous year
Read more here & follow IGP here:
Sumo Group, Creative And Development Services Provider For Video Game Publishers, Rises
Sumo Group (SUMO) rose 2.3% this morning to 175p a share.
The company recently released its half year results posting revenues rise over 60 per cent to £22.9m, while losses decreased to £1.8m from £2m the previous year.
The company remains positive about the outlook for Sumo Group in the current year and beyond, as the businesses continues to deliver strong organic growth.
Read more here & follow SUMO here:
See all today's AIM Risers here
