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The Alternative Investment Market rose today, and Pathfinder Minerals, Amur Minerals and Sefton Resources all saw gains.
On Friday, the Alternative Investment Market (AIM) rose 0.36 percent, or 2.52 points, to 702.74 points. However, shares fell across England and Europe, according to Reuters, with the dollar and oil prices both falling as well. Those slumps came on the back of decreased industrial production in Europe, pressure from a slowing Chinese economy and trouble in Greece.
“At the moment the U.S. is the only party on the street,” Kully Samra at Charles Schwab in London told Reuters. “Where else are you going to go for growth.”
The top resource gainer on the AIM was Pathfinder Minerals (LSE:PFP), a company working on heavy mineral sands in Mozambique. Pathfinder gained 35 percent to trade at GBP0.68. Exploration and development company Amur Minerals (LSE:AMC), which works in Russia, gained 19.54 percent to trade at GBP13. Finally, oil and gas company Sefton Resources (LSE:SER) gained 44.91 percent to trade at GBP0.08.
Among the top fallers was exploration company Metal Tiger (LSE:MTR), which lost 13.89 percent to trade at GBP0.78. Orogen Gold (LSE:ORE) also fell, losing 12.5 percent to trade at GBP0.7.