---
title: "Share Talk Weekly Small Cap Movers & Shakers, Saturday 10th February 2024"
publisher: "Share Talk"
author: "sharetalk"
published: "2024-02-10T12:44:36+00:00"
modified: "2024-02-10T12:55:28+00:00"
date: 2024-02-10
canonical: "https://www.share-talk.com/share-talk-weekly-small-cap-movers-shakers-saturday-10th-february-2024/"
category: "Blogs"
categories: ["Blogs", "Small Cap Review"]
tags: ["Aim All Share", "Artemis Resources", "AstraZeneca", "Bidstack Group", "Futura Medical", "Hardide", "Hemogenyx Pharmaceuticals", "Kinovo", "Persimmon", "S&P 500", "SSE", "Strategic Minerals"]
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format: "news"
language: "en-GB"
---

# Share Talk Weekly Small Cap Movers & Shakers, Saturday 10th February 2024

**Published:** February 10, 2024
**Author:** sharetalk
**Categories:** Blogs, Small Cap Review
**Tags:** Aim All Share, Artemis Resources, AstraZeneca, Bidstack Group, Futura Medical, Hardide, Hemogenyx Pharmaceuticals, Kinovo, Persimmon, S&P 500, SSE, Strategic Minerals
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2024/01/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM-750x406-2.jpeg?fit=750%2C406&quality=89&ssl=1)

---

In the broader junior market, the AIM All-Share Index ended the week with a 0.5% decrease, settling at 750.8. This was a greater decline compared to the FTSE 100, which saw a slight drop of 0.2%.

Major companies experienced notable downturns, with AstraZeneca, Persimmon, and SSE contributing significantly to the decline.

Contrastingly, in the United States, the S&P 500 reached unprecedented peaks, approaching the 5,000 mark for the first time. Leading this surge were prominent companies such as Nvidia, Microsoft, and Meta, the parent company of Facebook.

**Artemis Resources Ltd**, listed on ASX, AIM, and OTCQB under the ticker ARV, spearheaded gains in the mining sector following the discovery of lithium-rich spodumene mineralization at its Marie Lithium Prospect in Western Australia’s West Pilbara region. This led to a significant 77% surge in its share price.

**Strategic Minerals plc** also enjoyed a successful week, securing a large contract expected to boost its current year’s revenues. The company announced an agreement with a new client for an annual supply of 5,000-7,000 tons of iron ore, driving its shares up by over 28%.

In the biotechnology sector, **HemoGenyx Pharmaceuticals (LSE: HEMO)** was a standout performer among small-cap companies. The firm’s stock soared 28% following the US FDA’s approval to proceed with trials for its myeloid leukemia treatment, HEMO-CAR-T, after resolving previously identified issues.

**Futura Medical PLC**, an AIM-listed company specializing in erectile dysfunction treatments, saw its market value increase by 40% after a positive trading update. This coincided with the discovery of Viagra’s potential in reducing Alzheimer’s risk in men. Futura’s launch of Eroxon, an over-the-counter erectile dysfunction gel, in the UK and Belgium, in partnership with Cooper Consumer Health, captured more than 20% market share in these regions in its first year.

**Bidstack Group PLC** experienced challenges as doubts emerged over a £2.4 million loan agreement with Irdeto. The company, focusing on in-game advertising, is exploring alternative funding options and considering the sale of its assets, leading to a 60% drop in its shares.

**Kinovo PLC** shares fell 14% after the property services firm announced increased costs due to delays in legacy projects. Bens Creek Group PLC also saw a decline, with shares dropping by a third following the announcement of CEO Adam Wilson’s planned departure and the impact of severe weather on its West Virginia operations.

Other AIM-listed companies facing declines included **Hardide PLC,** down 25% due to concerns over financial sustainability, and Digital 9 Infrastructure PLC, which fell 40% after Icelandic regulators delayed a proposed spin-out for further investigation.

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