RATHBONES

P 1800 1790 1780 1760 1740 29 Sept 1738 1750 1740 25 Sept 26 Sept 28 Sept 27 Sept 29 Sept

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Rathbones has completed a major shake-up of its senior team following its combination with Investec. New CFO Hooley is considered a safe pair of hands, having previously been chief executive officer of the Investec business. Mathias, meanwhile, will become group chief of staff to support the integration of Investec into Rathbones. Peel Hunt approves the moves and has kept its buy stance with a target price of 2,360p per share.

SOLGOLD

P 14.00 13.80 29 Sept 12.5 13.60 13.40 13.20 13.00 12.80 12.60 12.40 25 Sept 26 Sept 28 Sept 27 Sept 29 Sept

Mining specialist Solgold has posted robust closing cash balances of $32m, following a fundraise of $86m in the year in equity and the Osisko royalty. Having restructured the licence ownership to secure 100 per cent of Cascabel, the decks are cleared for the new team to present a revised strategy around creating value from its exploration ground. Peel Hunt has placed a buy stance on the company with a target price of 65p per share.

(c) 2023 City A.M., source Newspaper