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AIM Round-up: West African Minerals Posts Biggest Gains
Apr. 17, 2015 11:00AM PST
Resource Investing News The Alternative Investment Market capped a week of gains with a slight improvement on Friday, rising 0.06 percent to 749.64. West African Minerals posted the biggest gains on Friday, and share prices increased 44.44 percent to hit GBP3.25.
The Alternative Investment Market capped a week of gains with a slight improvement on Friday, rising 0.06 percent to 749.64. The market has performed particularly strongly since the beginning of April, and this week was no exception. Several factors contributed to the market’s improvement, and This Is Money cited improved oil prices a key contributor to the increase.
West African Minerals (LSE:EML) posted the biggest gains on Friday, and share prices increased 44.44 percent to hit GBP3.25. The company focuses on iron ore mining and exploration and has projects in Cameroon and Sierra Leone.
Friday’s biggest fall was posted by Premier Gold (LSE:PGR), which has changed its name to Prospex Oil and Gas. The name change was accompanied by a new investing policy and other changes. Shares dropped 25 percent to GBP3.00.
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