AIM movers: Mkango Magnetic Materials US alternative and Shoe Zone warning

Mkango Magnetic Materials (LON: MKA) says three way partnership HyProMag USA has introduced an unbiased pre-feasibility examine outlines potential uncommon earth magnet capability enlargement so as to add to the primary plant in Texas. There is potential for 3 new crops and a centralised ending hub. The incremental post-tax NPV of $1.85bn to $2.06bn. Total capability might be 6,000 metric tons every year by 2034. The Texas facility is in detailed engineering. There have been further filings in reference to the reversal of belongings into Crown PropTech Acquisitions. The share worth elevated 11.8% to 29.3p.

Mendell Helium (LON: MDH) highlights that helium has been added to the vital supplies record by the United States Department of Energy. This is nice information for US helium producers, and the corporate is advancing its drilling marketing campaign. The share worth improved 10.3% to three.75p.

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Medical know-how provider Inspiration Healthcare (LON: IHC) is rising its essential enterprise however the lack of the one-off export gross sales meant that group interim revenues declined from £24m to £22m. Excluding non-recurring objects the loss was lowered from £301,000 to £11,000. Full 12 months revenues steering has been raised to £43m indicating that the underlying progress momentum is constant. There will nonetheless be a loss. However, the lack of a distribution contract signifies that revenues will fall subsequent 12 months. The share worth recovered 8.11% to 20p.

Building merchandise producer Alumasc (LON: ALU) issued a reassuring AGM replace. There is a restoration within the water administration enterprise, and the housebuilding merchandise division continues to develop regardless of the weak market. There is preliminary earnings from the Changi Airport contract and continued revenues from Chek Lap Kok Airport. Excluding these initiatives, revenues are 5% forward thus far this 12 months. The order guide is two-thirds larger than one 12 months in the past. Cavendish nonetheless expects a restoration in pre-tax revenue from £10m to £13m this 12 months. The share worth gained 7.14% to 247.5p.

FALLERS

Arkadian Strategic Metals (LON: AKN) has consolidated 1,500 present shares into one new share. The adjusted share worth slipped 26.3% to 10.5p.

Retailer Shoe Zone (LON: SHOE) had a stronger second half however nonetheless misplaced £1m within the 12 months to September 2026. Net money of £15.1m was higher than anticipated, partly attributable to much less cash than anticipated being spent on share buybacks. There has been a sluggish begin to the brand new 12 months. Zeus has doubled its 2026-27 pre-tax revenue forecast to £1m attributable to improved gross margins. The Budget represents uncertainty and Zeus admits that the steadiness of danger to the forecast is at present skewed to the draw back. The share worth dived 22.3% to 57.5p because of the warning.

Wishbone Gold (LON: WSBN) is elevating £500,000 at 9p/share. This will fund the drilling programme on the Red Setter gold copper challenge in Western Australia. The share worth dipped 17.8% to 9.25p.

Social media enterprise LBG Media (LON: LBG) launched a buying and selling assertion exhibiting 15% progress in revenues to £106m, however EBITDA fell by greater than one-third to £16.5m, though that’s barely higher than anticipated. Recent digital advertising company acquisition Uncovered has outperformed expectations. Group revenues are rising however the change in combine signifies that margins are declining. The share worth slid 5.51% to 31.75p.