AIM movers: Mkango Magnetic Meterials Nasdaq spin off progress and ex-dividends

Thor Explorations (LON: THX) sold 19,000 ounces of gold in the third quarter and revenues increased from $69.9m to $81.3m. Net cash was $236.6m at the end of September 2026. Net profit moved up from $43.1m to $47.3m. The next set of results of drilling at the Segilola project and an updated mineral resource estimate for the Douta project are expected by the end of the year. The share price gained 14.3% to 56p.

Crown PropTech Acquisitions is about to send out a prospectus for the acquisition of assets – the Songwe Hill rare earths project in Malawi and the proposed Pulawy rare earths separation plant in Poland – from Mkango Magnetic Materials (LON: MKA). An EGM is planned for 25 November. If shareholders approve the merger the combined group will be listed on Nasdaq. The Mkango share price increased 14.35 to 56p.

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3D genomics company Oxford BioDynamics (LON: OBD) has secured an agreement with Johnson & Johnson for the use of EpiSwitch Orion. This is the first agreement with a pharma company. The deal covers a programme to identify baseline biomarkers predictive of patient response to a biologic therapy in IBD. This will involve process genotype data from a cohort of IBD patients with the aim of developing a predictive classifier of treatment response. The share price rose 12.2% to 0.115p.

Cybersecurity services provider Shearwater Group (LON: SWG) has gained a three-year strategic contract expansion worth £9.2m with an existing Uk telecoms customer. There will be £3m recognised in this financial year. The share price improved 7.81% to 69p.

Orosur Mining Inc (LON: OMI) executive chairman Louis Castro bought 100,000 shares at 9.46p each and non-exec Nick von Schirnding acquired 106,894 shares at 9.3p each. The share price is 5.49% ahead at 9.6p.

FALLERS

Atome Energy (LON: ATOM) is continuing discussions with the government in Parauay continue following the presidential decree relating to the revoking of the fixed price power purchase agreement with ANDE. This would mean that electricity tariffs for the Viletta fertiliser production project would not be fixed. If there is no agreement by 17 December, an arbitration claim can be submitted. Gross dollar damages could be in nine figures. If there is no resolution, then proposed funding and other contracts will be terminated. The share price dived 16.4% to 12.5p.

Forgent (LON:FORG) has positive news about gold assays at the central Curley’s prospect within Peak Hill project in Western Australia. Two drill holes have seven metre gold bearing intervals. The share price slipped 9.09% to 0.01p.

Premier African Minerals (LON: PREM) says it expects to recommence production at the Zulu lithium and tantalum project in the middle of November. Principal engineering works and process modifications have nearly been completed. Progress has also been made with labour-related challenges. The share price dipped 4.69% to 0.00305p.

Victoria (LON: VCP) director Roberto Moreno sold 21,663 shares in the floorcoverings manufacturer at an average price of 39.4953p/share for tax purposes. The share price fell 5.06% to 37.975p.

Ex-dividends

Anglo Asian Mining (LON: AAZ) is paying a final dividend of 4.45p/share and the share price rose 7.5p to 397.5p.

Avingtrans (LON: AVG) is paying a final dividend of 3.1p/share and the share price is unchanged at 760p.

Bioventix (LON: BVXP) is paying a final dividend of 80p/share and the share price declined 75p to £19.50.

FW Thorpe (LON: TFW) is paying a final dividend of 5.53p/share and the share price slipped 4.5p to 279.5p.

Warpaint London (LON: W7L) is paying an interim dividend of 4.25p/share and the share price fell 9.5p to 182.5p.