Small Caps
Synectics trading remains tough in new financial year
Security and surveillance systems developer Synectics updated the market on Tuesday, reporting that in the new financial year thus far, trading had carried on at similar levels to the prior 12 months.
Empire Metals begins next phase of work at Eclipse project
Resource exploration and development company Empire Metals said on Tuesday that the next phase of work at its Eclipse Gold Project, 55 kilometres north-east of Kalgoorlie, Western Australia, had started.
88 Energy reports good progress on North Slope
Alaska-focussed 88 Energy updated the market on operations on the state’s North Slope on Tuesday, reporting that sidewall cores, mud gas and fluid samples taken from Merlin-1 were now being tested to determine oil saturation, oil typing, PVT characteristics, porosity, permeability and rock mechanics.
Argos Resources gets 12-month extension to Falklands licence
Falkland Islands-based exploration company Argos Resources announced on Tuesday that the Falkland Islands government has extended the second term of its PL001 licence by 12 months, to 1 May 2022.
Water Intelligence experiences 'outstanding' Q1
Leak detection and remediation solutions firm Water Intelligence said on Tuesday that experienced an "outstanding" first quarter.
Abingdon Health looks set to report FY underlying loss
Abingdon Health warned on Tuesday that it looked set to post a full-year underlying loss despite stating it had continued to make progress on commercialising its AbC-19TM rapid test in the UK private sector and internationally.
Tribal Group flags 'positive start' to trading year
Software firm Tribal Group said on Tuesday that it has had "a positive start" to the year, maintaining sales momentum enjoyed in the second half of 2020 and making "good progress" towards its goal of becoming a pure-play education technology software-as-a-service outfit.
Jet2 swings to loss as flights remain suspended
Low-cost leisure airline and packaged holiday provider Jet2 said on Tuesday that as a result of the Covid-19 pandemic, it expected to report a group loss before foreign exchange and tax from continuing operations of between £375m and £385m for the 2021 financial year.
Focusrite earnings surge as it buys synth maker Sequential
Focusrite reported a 90. 9% improvement in group revenue in its first half on Tuesday, to £95. 3m, as it also announced the acquisition of synthesiser maker Sequential.