The Alternative Investment Market rose today, and top gainers in the resource sector include Wishbone Gold and Pathfinder Minerals.
Today, the Alternative Investment Market (AIM) rose 0.36 percent, or 2.69 points, hitting 757.44 points. Markets in neighboring Europe also rose, according to Investing.com, as investors are anticipating more quantitative easing from the European Central Bank. Preliminary data from Thursday shows that the Eurozone’s economy did not grow in the three months to June, while economists had expected at least a small expansion.
Top gainers in the resource sector include Wishbone Gold (LSE:WSBN), which rose 42.86 percent, or GBP0.54, to trade at GBP1.25. Wishbone is a mineral exploration and acquisition company focused on gold projects in Australia. Pathfinder Minerals (LSE:PFP), a natural resource company working in Mozambique with heavy minerals, also performed well today, gaining 27.27 percent, or GBP0.10, to trade at GBP0.35.
Not faring so well was Centamin (LSE:CEY), which fell 9.87 percent, or GBP6.63, to trade at GBP67.15 today. That company is involved in mineral exploration, development and production, with its principal asset, the Sukari gold mine, being the first large-scale modern gold mine in Egypt. Central European hard coal producer New World Resources (LSE:NWR) also saw losses, falling 5.98 percent, or GBP0.60, to trade at GBP9.99.