Welcome to today’s Five at Five – the EOB snapshot of the five most impactful market stories shaping investor sentiment.
1. Fresnillo plunges on abrupt gold and silver sell-off
– Shares in precious metals miners fell sharply after a sharp drop in market prices. Read more...
2. Playtech shares plummet as Evolution admits commissioning Black Cube report
– The FTSE 250 gaming software company was added to a defamation lawsuit by a rival alleging one of its subsidiaries commissioned a 2021 report meant to damage its reputation and business. Read more...
3. FTSE 100 Live: London stocks held back as gold prices tumble, public borrowing hits five-year high
– The London index made a modest gain as a surge in government borrowing weighed on sentiment, along with declines for miners. Read more...
4. Eco Buildings Group shares soar on €420 million Chile deal
– AIM-listed firm enjoyed an extraordinary surge after securing a major contract in Chile for its modular construction expertise. Watch here...
5. Bluefield Solar Income Fund eyes transition into independent power producer
– Managing partner James Armstrong told Proactive the company plans to internalise its management structure and evolve into an independent power producer as a way of tackling its share price discount. Watch here...
More small cap news
Ilika PLC (AIM:IKA, OTCQX:ILIKF) has fired up its automated Goliath solid-state battery pilot line. The 1.5 megawatt-hour facility will pump out prototypes for customer testing from December. Read more
Oriole Resources PLC (AIM:ORR) has landed a maiden resource estimate at its Mbe gold project in Cameroon. That's 870,000 ounces of contained gold, and the resource is still open in all directions. Read more
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) produced over 19,000 ounces of gold at its Blanket Mine in Zimbabwe in Q3. It's on track to hit full-year guidance of up to 79,500 ounces. Read more
AFC Energy PLC (AIM:AFC, OTC:AFGYF) chief technology officer, Dr Mike Rendall, is now chairing the UK Ammonia Alliance. The new industry group wants to push ammonia as a decarbonisation tool across heavy industry. Read more