There was a certain back to school feeling in the stock market and beyond, something which normally ties in with my birthday on September 7. That I was 59 focused my mind, although perhaps not as focused as it will be / may be in a year’s time with the milestone birthday.
It was also my older son’s 18th birthday on the 11th September, which I saw after the event, coincided with the Annual QCA (Quoted Companies Alliance) dinner at the British Museum, which I would loved to have attended. I did not do so for a couple of reasons apart from it being my son’s birthday: the first that I simply did not see the email / was not invited, and primarily the £495+VAT cost was a little above my pay grade.
This was and is a shame. Primarily, because I have been into the stock market since I was 7 in 1973, and always wanted to have a quoted company on the stock market. In addition, in my day job, I feel that there are few people in the country who have more enthusiasm for the quoted companies space, and do more to promote small caps, the good, the bad and the ugly, to as many people as possible.
I mean, look at ImmuPharma (IMM) this week. On Friday before my interview with the company was released the shares were down a couple of percent. By the end of the day they were up 31%. My 7 year old self would have been very pleased.
Stocks Rising On News:
The aforementioned ImmuPharma (IMM) was the top riser of the week, although the only official RNS “news” was the exercise of warrants. This points to the ongoing re-rate of the company in the wake of the the filing of a new patent application for its lead asset P140, the world’s first “Immunormalizer” earlier this month (September 1), as well as one of the finest interviews in the small cap space on Friday being the explanation for the 174% share price rise.
Oh, and by the way. Just in case you did not think the company was adequately covered here on Zakstraderscafe.com in recent weeks, the initial charting call was delivered in the Bullet Board Heroes video on Friday 29th August – before the big news. The shares closed that day at 2.25p versus Friday’s 14.25p. We are still looking for 18p by the end of this month, while the shares remain above 11p. Let anyone else (apart from the company’s great achievement) take the credit on this one.
One of the highlights of the stock market at the moment are companies that have been in the bin – on a chronic basis, and are finally having their day or even days, in the sun. Why or how this should be the case remains something of a mystery. One could say that there might be something in the water, perhaps the Age of Aquarius is finally kicking in, or could it be the aftermath of President Trump getting elected for the second time? Whatever the case, there are names on the list of risers these days where one has to double take.
That said, in the case of 80 Mile (80M), the former Bluejay Mining, the name change a year ago seems to finally have kicked in positively. What has also helped has been the revelation that its 30% of the Jameson project in Greenland that will be retained at a valuation of c. $92 million of which 80M has a free carry in two 3500 metre holes. 80M said “estimates suggesting up to 40 billion barrels of oil equivalent across the concession.” All of this compares to the current £23m market cap of the company, so the recent re-rate should have legs.
In June we heard from video game developer and publisher TinyBuild (TBLD) that sales were ahead of expectations for the first five months of 2025. This week the company flagged interim results and an investor presentation on September 16. So it would appear that at least one or two people are excited about the prospect. At least enough to deliver a 47% share price rise.
Also riding high this week was Fulcrum Metals (FMET), a company pioneering the use of innovative technology to recover precious and critical metals from mine waste, it announced the commencement of the characterisation programme consisting of a significant auger drill campaign and phase 3 testing with Extrakt at the Company’s highly prospective Teck Hughes tailings project in Kirkland Lake, Ontario. Separately, I stated what good work Ryan Mee and Aidan 0’Hara from the company are doing, and what nice chaps they are. This was something which just struck me, along with an improving share price chart. The result was a 43% share price rise. Perhaps I should say how wonderful I think other small cap company directors are?
As far as Rockfire Resources (ROCK), the base metal, critical mineral and precious metal exploration company is concerned, we have been aware that its flagship project is one that could be a company maker. But this week confirm that diamond drilling to upgrade the resource at the company’s 100%-owned Molaoi zinc deposit in Greece is about to commence. The shares were up 40% on the week off the back of this revelation. Once again, the Bulletin Board Heroes flagged the shares as a technical by when in the 0.1p zone, looking for 0.22p initially, which has been easily exceeded.
It is perhaps the case that Bradda Head (BHL) should not be in the “stocks rising on news” section. But this week the company did announce its AGM will be held in November. That said, the share price chart has revealed very strong looking daily candles in recent days – price action involving the shares opening at the low and closing at the high for several days. This does not happen by accident. Above the 200 day moving average at 1.2p we have been looking for 1.75p. The shares were up 38% this week. It has been a long, long time since one could give the thumbs up to the Arizona focused company, and it should be remembered that US focused groups with strategic minerals are now being valued with a premium in a post tariffs world.
One of the better fundamental buy signals is when a company that has raised money sees it share price strongly. This is what we were treated to this week in the wake of a £1m fundraise at energy services company EARNZ (EARN), whose objective is to capitalise on the drive for global decarbonisation, by building a strong portfolio of energy services businesses. As well as the fundraise, serial successful entrepreneur Bob Holt’s company announces its unaudited interim results for the six-month period ended 30 June 2025. This showed EARN is well on its way to being profitable, and looks set to thrive in its chosen burgeoning area. The shares were up a third on the week.
Speaking of companies rising after fundraises, it does not get much better than the example of Amazing AI (AQSE:AAI). Here the shares were up 71% this week as the financial technology company exceeded its £1m target through an accelerated bookbuild and broker option with Oberon. The sizzle here is that the company is going for Bitcoin Treasury Strategy 2.0, in that rather than just diluting shareholders to buy as much crypto as possible, it is adopting a strategy where it is geared to the upside, but hedge to the downside. It is surprising that this has not been done before, and could rather leave existing players in the shade.
Another riser on a fundraise was Artemis Resources (ARV) as it announced the completion of $4.9 million placement. ARV said it will utilise this funding to undertake substantial drill programs including extensional drilling and technical studies at the Carlow Gold/Copper Project, RC drilling at Titan, and initial exploration and drilling at the Cassowary IOCG target. The shares were up 18% on the week.
Up a similar amount in percentage terms was a company which has taken a long time to get over the line, but looks to have finally done it. Of course, in the meantime Cadence (KDNC) will have had the moaning minnies doubt the company and its strategy. People who in the main, do not know what they are talking about. As we know though, in business, things always take much longer, and cost much more than originally intended. But that does not mean that in the end they cannot over-deliver. The news from KDNC this week was that it has signed a Heads of Terms with an international shipping and trading group to restart the Azteca Plant in Amapá, Brazil. The agreement will be structured as a pre-payment offtake. Well done to Kiran Morzaria, CEO of Cadence, I know you have worked very hard on this.
SEEEN (SEEN) is another company where reaching the fundamental inflection point has taken rather longer than expected. But the shares were up over 25% this week, as the media and technology platform, present its audited results for the year ended 31 December 2024 and an unaudited update on 1H 2025. Here we saw that Group grew revenues by 48% to $3.04 million it was operating cash flow breakeven in December 2024. SEEN could also boast that during 1H 2025, this momentum has accelerated with revenues increasing by more than 80% to $2.1 million while maintaining monthly operating cash flow breakeven.
It was take two in terms of Atlas Metals (AMG) recent dealmaking, in announcing that it has entered into a conditional Share Purchase Agreement to acquire the entire issued ordinary share capital of Universal Pozzolanic Silica Alumina Ltd, at a purchase price of £1 billion. It was notable that the odd crackpot / clickbait comment came through on the deal, presumably upset at the company’s success and the way that anyone short of the stock would have been hit hard. In fact, the only real surprise here was that the share price was only up 185%.
ACG Metals (ACG), the gold, silver and copper sulphide group, announced that its ordinary shares will begin trading on the OTCQX Best Market, under the OTCQX ticker code “ACGAF”. ACG’s shares will also continue to trade on the London Stock Exchange. This left the stock up a further 28% on the week, and over 100% year to date.
One had to rub one’s eyes with the news that perennial disappointer Red Rock Resources (RRR) actually served up a winning deal: it announces the sale of the company’s gold royalty in Colombia. What happened? Is this for real?
Shares Rising On No New News
Tap Global (TAP) finally rose by 141% this week, after missing out on what should have been a massive rise over the past year off the back of the cryptocurrency boom. Perhaps shareholders can thank the move to AIM from Aquis? They can also thank the strategic partnership with tell.money to integrate its open banking gateway into the Tap Group platform announced earlier this month.
It has been almost 6 months since the last update from engineering group Pipehawk (PIP), so it was perhaps a bit of regrouping in the stock ahead of the next (presumably imminent) update from company. In March the company revealed a swing to profit, buy pressured revenues, counterbalanced by a strong order book.
The last we heard from Cizzle (CIZ) was almost a month ago, in terms of commercial progress in the US. Presumably, there are some in the market (and me) who think that the UK based diagnostics developer of early cancer tests is set to announce fresh good news. So far, the anticipation has left the shares up 39% over the past week.
One of the highlights of the recent past as far as the minnow have been concerned, has been the recovery in exploration and development companies. This has come generally across the board, and not just in companies involved in the critical mineral space, boosted by the aftermath of the tariffs debacle. It means that not only are the companies in the space who did not just give up and de-list will now reap the benefits, it also means that there should be a disproportionate amount of upside for the diminished real estate there is in the field. The beneficiaries who rose this week on no fresh news were Silverking and Wildstone projects developer Xtract Resources (XTR) up 28% this week, Blue Fox Licence, Zambia focused Kendrick (KEN), and Kabwe Zinc Mine ,Zambia focused Shuka (SKA), both up over a quarter.
Disclaimer & Declaration of Interest:
The information, investment views, and recommendations in this Zaks Traders Cafe interview are provided for general information purposes only. Nothing in this interview should be construed as a promotion or solicitation to buy or sell any financial product relating to any companies under discussion or referred to or to engage in or refrain from doing so or engage in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.
