AIM Round-Up: Weatherly International, Ferrum Crescent See Gains

Resource Investing News

The Alternative Investment Market rose 0.47 percent, or 3.22 points, to 689.7 points on Friday. Weatherly International and iron producer Ferrum Crescent both saw their share prices rise.

The Alternative Investment Market (AIM) rose 0.47 percent, or 3.22 points, to 689.7 points on Friday. Stocks in continental Europe also rose as positive data from France and Spain bolstered markets there. Reports on Eurozone inflation and unemployment are still waiting in the wings, and could impact the markets both in Europe and Britain.

In London, large resource companies like Anglo American (LSE:AAL), Randgold Resources (LSE:RRS) and Fresnillo (LSE:FRES) all gained, according to Investing.com. Financial stocks were also higher across the board.

Holding company Weatherly International (LSE:WTI), which is engaged in producing base metals in Africa, was the top gainer on the AIM on Friday, rising 65.71 percent to trade at GBP1.45. Iron producer Ferrum Crescent (LSE:FCR) also rose, moving up 16.67 percent to GBP0.35.

Rambler Metals & Mining (LSE:RMM), a holding company working on a coppergold mine in Newfoundland and Labrador, Canada, lost 35.9 percent to trade at GBP12.50. Among the other fallers was Forte Energy (LSE:FTE), a mineral explorer working with uranium. It lost 20.83 percent to end at GBP0.19.

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