Small cap round up

By

Sharecast News | 11 Nov, 2016

Updated : 17:13

AIM-listed Aquatic Foods Group’s revenues were down as market growth in China slowed during the year, but the seafood processor remains positive about its long-term prospects. For the nine months ended 30 September, revenue fell 5%, to ¥644.9m ( about £76.3m) compared to last year, while third quarter revenue improved by 5.1% compared to the first quarter and 10.6% compared to the second.

AIM-listed Goldstone Resource's recent drilling program at its mine in Ghana found gold enrichment in saprolite. The AIM-listed miner’s recent drilling programme comprised 3,000 metres of auger and some 1,500 metres of reverse circulation drilling of the AK02 prospect within the Akrokerri licence.

Cable assembly provider Volex posted its interim results for the 26 weeks to 2 October on Friday, with $11.3m of cash generated by operations during the period. The AIM-traded company said it achieved its return to net cash through “tight working capital management”.

Global Invacom, an AIM listed satellite communications equipment provider, swung to a third quarter net profit of $0.7m, up from a loss of $2.7m incurred in the previous period. The group’s second consecutive quarter of profitability came on the back of increased demand in the US for the company’s electronics products.

Global pharmaceutical and services company Clinigen Group said its trading for the current financial year is in-line with directors' expectations.It said the year to 30 June marked the completion of its transformation into the global market leader in the management and supply of both unlicensed and clinical trial medicines.

Smart buildings and commercial spaces technology provider RedstoneConnect announced on Friday that it has launched a Save as You Earn share scheme for all employees.The AIM-traded company said under the SAYE scheme, employees have been offered the opportunity to participate in the future growth of the company through the granting of share options.

Last news