3 Trending AIM Stocks: Amur Minerals, Rambler Metals & Mining & IQE Plc

3 min read | August 20, 2021 03:22 PM BST | By Team Kalkine Media

Highlights 

  • Amur Minerals Corp announced the Permanent Conditions Report for its far east Russia Kun-Manie nickel-copper sulfide project.
  • IQE Plc will complete the 100% acquisition in the IQE Taiwan Corporation after the conclusion of the court proceedings.
  • Rambler Metals & Mining Plc raised £1.87 million by placing ordinary shares at 20p per share.

Investing in the AIM-listed stocks with in-depth research and due diligence have yielded higher returns as smaller companies have more room for growth than mature and well-established companies listed under the FTSE100 index.

In addition, the AIM index has performed much better than the blue-chip FTSE100 index in the market recovery after the Covid-19 pandemic. Over the last 12 months, the FTSE AIM All-Share index has given a total return of 42.6%, while its five-year CAGR return is 12%.

Let us look at 3 AIM-listed stocks that are in focus today:

Amur Minerals Corp (LON:AMC)

The company engages in the exploration and mining of natural resources in Russia. Its main asset is the Kun-Manie nickel-copper sulphide project located in Russia Far East.

The company completed the permanent conditions report for its far east Russia Kun-Manie nickel-copper sulphide project, which states that the Kun-Manie is ready for industrial development and will be reviewed by the Russian Government Commission for Natural Resources Reserves. Upon completion of the final review, the reserve available at the site for open-pit mining will be established. The Moscow-based Oreall LLC compiles the project report for the Kun-Manie.

Amur Minerals Corp currently trades at GBX 1.95, down by 20.49% on 20 August 2021 at 1.20 pm GMT+1 with a market cap of £33.81 million.

IQE Plc (United Kingdom) (LON:IQE)

IQE is one of the leading companies which engages in the design and supply of compound semiconductor wafer products. It serves the major companies in the global semiconductor industry.

The company announced an acquisition update on the IQE Taiwan Corporation. The company has earlier announced on 15 October 2020 that it plans to take IQE’s ownership from 90.18% to 100%, for which the court process concerning the settlement with minority shareholders has been concluded. Hence, the company can acquire the remaining shareholding in the IQE Taiwan Corporation.

IQE Plc current currently trades at GBX 47.95, down by 0.73% on 20 August 2021 at 1.20 pm GMT+1 with a market cap of £387.37 million.

Related Read: 5 hidden gems to discover on AIM

Rambler Metals & Mining Plc (LON:RMM)

The company engages in the exploration and mining of base metals and precious metals in Canada.

The company announced that it had raised £1.87 million through placing and subscription of 9,329,600 new ordinary shares at a price of 20p per placing share. The funds will be utilised for mine development to set up the Lower Footwall Zone, which will support the production for the next two years. The company’s focus is to regain the 1350 metric tonnes per day copper production by the end of 2021.  

Rambler Metals & Mining Plc current currently trades at GBX 20.75, up by 5.06% on 20 August 2021 at 1.20 pm GMT+1 with a market cap of £23.25 million.


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