The Alternative Investment Market in London was up 2.08 points to 779.57 points, with the market hitting a low of 778.50 points and a high of 781.29 points today.
Investors had been waiting for news of the eurozone inflation figures, which were released 9:00 a.m. GMT, according to Reuters. Analysts correctly predicted inflation would drop 0.3 percent. The European Central Bank will make this number part of its decision about bank policy, and the bank will likely be dovish as a result.
Gold mining company Touchstone Gold (AIM:TGL) grew GBP0.03 , or 6.25 percent, to reach a price of GBP0.43 per share, while Canada’s Antrim Energy (AIM:AEY), which drills internationally for oil and gas, grew GBP0.60, or 13.33 percent, to reach GBP5.10 per share. Platinum group metals producer Sylvania Platinum (AIM:SLP) also gained GBP1.25, or 18.52 percent, to reach GBP8.00 per share.
Not faring so well was Tanania focused coal miner Edenville Energy (AIM:EDL), which fell GBP0.01, or 8.57 percent, to reach GBP0.06 per share. Goldstone Resources (AIM:GRL), which mines for gold in west and central Africa, also saw its share price decline, losing GBP0.02 or 4.44 percent to finish at GBP0.43 per share.
“Resource Forecast 2016 – Expert Opinions Covering Precious Metals, Energy, Critical Metals, and More”Click here to discover what the experts see coming in 2016 and beyond with our INN Insider's Report (value of $49) for FREE. Limited time offer. No credit card required.
Get My Free Report
Click here to download for free