Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAriana Share News (AAU)

Share Price Information for Ariana (AAU)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2.55
Bid: 2.40
Ask: 2.70
Change: 0.00 (0.00%)
Spread: 0.30 (12.50%)
Open: 2.55
High: 2.55
Low: 2.55
Prev. Close: 2.55
AAU Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK EARNINGS SUMMARY: Everyman Hurt By Lockdown But Gets Tenet Boost

Wed, 30th Sep 2020 14:54

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

----------

Everyman Media Group PLC - London-based cinema group - Bruising Covid-19 lockdown sends revenue in six months to July 2 down 48% year-on-year to GBP15.0 million from GBP28.9 million. Swings to pretax loss of GBP13.8 million from GBP445,000 profit. Current estate of 35 sites now all reopened. Admissions since end of lockdown at roughly 40% of levels seen over same period of 2019. "The release of Tenet in August demonstrated continued demand for great content in a cinema setting, with Everyman achieving a 10% market share, and UK box office for the film in line with other similar releases pre-Covid-19," Everyman said.

----------

Ukrproduct Group Ltd - Ukrainian producer and distributor of dairy goods - Revenue in six months ended June 30 climbs 24% annually to GBP27.5 million from GBP22.2 million but revenue climb not enough to stave off loss. UKrproduct swings to pretax loss of GBP440,000 from GBP723,000 profit. Selling and distribution expenses rise 23% to GBP1.2 million. Also books foreign exchange loss of GBP673,000, swinging from GBP592,000 gain in year prior.

----------

BigDish PLC - Jersey-based reservations, delivery and pick up platform for restaurants - Sales income in year ended March falls 30% to GBP22.3 million from GBP32.0 million. Pretax loss narrows to GBP1.5 million from GBP4.1 million amid absence of GBP1.8 million impairments.

----------

Zoetic International PLC - London-based CBD company - Posts revenue of GBP92,606 in financial year that ended March 31, against none year before. Pretax loss widens to GBP1.8 million from GBP634,103 during transitional year from oil and gas firm to a consumer cannabidiol products company.

----------

Minds + Machines Group Ltd - internet domain firm - Revenue in six months to June 30 down 5.4% year-on-year to USD8.4 million from USD8.9 million. Pretax profit drops 30% to GBP1.2 million from GBP1.7 million a year prior.

----------

IDE Group Holdings PLC - IT services provider with offices in Croydon - Pretax loss in six months to June 30 widens annually to GBP3.8 million from GBP3.1 million. Revenue falls 16% year-on-year to GBP12.4 million from GBP14.7 million.

----------

Avingtrans PLC - Cambridgeshire-based provider of systems and services for energy, medical and industrial sectors - Revenue in year to May 31 climbs 9.5% to GBP113.9 million from GBP104.0 million. Pretax profit slips 3.5% to GBP3.0 million from GBP3.1 million. Distribution costs up 7.2% to GBP4.9 million and other administrative costs climb 16% to GBP22.6 million. Suspends dividend due to Covid-19 but plans to reinstate payouts for financial 2021.

----------

Air Partner PLC - aviation services provider based in West Sussex - Pretax profit in six months to July 31 surges to GBP8.9 million from GBP2.8 million a year earlier. Revenue up 16% to GBP36.6 million from GBP31.7 million. Interim payout trimmed by 56% to 0.80p from 1.80p.

----------

S&U PLC - Birmingham-based motor finance firm - Revenue in six months ended July 31 down 3.0% to GBP42.8 million from GBP44.2 million. Pretax profit down 63% to GBP6.3 million from GBP17.1 million. Interim dividend sliced by 35% to 22 pence from 34p. Adds Thomas Wheeler to board as executive director with immediate effect. Was formerly UK chief executive of Volkswagen Financial Services.

----------

Harvest Minerals Ltd - fertiliser producer and operator of Arapua project in Brazil - In six months ended December 31 narrows to GBP910,044 from GBP3.5 million in 12 months ended June 30, 2019. Harvest changed its year end date to December 31 back in October. Revenue over six months to December comes in at USD1.4 million, down 11% from USD1.6 million in year to June 2019. Also updates on more recent trading. In first quarter of 2020, 3,334 tonnes of remineraliser product sold, above the 3,000 tonnes forecast. Second quarter sales at 6,525 tonnes, down on 14,000 tonnes amid virus hit. Third quarter sales at 27,577 tonnes, missing 30,600 tonnes forecast.

----------

Ariana Resources PLC - mineral exploration and development company with interests in Turkey and Cyprus - Generates no revenue in six months to June 30, like year prior. Pretax profit falls 3.3% to GBP2.2 million from GBP2.3 million as share of profit from joint-venture slips 0.6% to GBP3.0 million. Expects annual Kiziltepe gold production forecast of 18,000 ounces to be met in fourth quarter.

----------

Bushveld Minerals Ltd - South Africa focused-vanadium producer - Revenue in six months to June 30 plunges 45% year-on-year to USD43.1 million from USD78.0 million. Swings to pretax loss of USD10.7 million from USD44.7 million profit a year earlier. Also reports it has entered into financing agreement with lender Orion Mine Finance of USD30 million, "primarily to finance its expansion plans at Vametco and debt repayment". Also agrees separate USD35 million convertible loan investment agreement. Orion will subscribe to a minimum of USD10 million of loan notes and maximum of USD20 million.

----------

Victoria Oil & Gas PLC - oil and gas producer with asset in Cameroon - Pretax loss in 2019 deepens to USD112.0 million from USD8.3 million in 2018. Books USD90.3 million in impairment of Logbaba, Cameroon tangible and intangible assets. Net revenue surges 93% to USD20.8 million from USD10.8 million.

----------

China Nonferrous Gold Ltd - gold producer with asset in Tajikistan - Revenue in first half ended June 30 climbs 17% year-on-year to USD24.3 million from USD20.9 million. Pretax loss narrows to USD6.9 million from USD9.3 million in year prior.

----------

Fox Marble Holdings PLC - marble quarrying firm focused on Kosovo and the Balkans - Posts results for both 2019 and first half of 2020. Revenue in 2019 stays broadly flat at EUR1.4 million, but pretax loss stretches to EUR2.5 million from EUR2.3 million. Fox Marble posts finance costs of EUR517,638, up sharply from EUR119,507. In six months to June 30, pretax loss narrows year-on-year to EUR799,000 from EUR834,000. Revenue slumps to EUR186,000 from EUR1.0 million a year before.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
19 Jun 2024 12:56

UK shareholder meetings calendar - next 7 days

Thursday 20 June 
Angling Direct PLCAGM
Anglo Asian Mining PLCAGM
Animalcare Group PLCAGM
ASA International Group PLCAGM
Balanced Commercial Property Trust LtdAGM including re views on strategic review
Block Energy PLCAGM
boohoo Group PLCAGM
Card Factory PLCAGM
Concurrent Technologies PLCAGM
Cordiant Digital Infrastructure LtdAGM
Corero Network Security PLCAGM
Cykel AI PLCGM re acquisition by Mustang Energy PLC
Futura Medical PLCAGM
Good Energy Group PLCAGM
Gresham House Energy Storage Fund PLCAGM
Henderson Eurotrust PLCGM re merger with Henderson European Focus Trust PLC
Kingfisher PLCAGM
Likewise Group PLCAGM
LSL Property Services PLCAGM
Marble Point Loan Financing LtdEGM requisitioned by Freestone
Mustang Energy PLCGM re acquisition of Cykel AI PLC
Northcoders Group PLCAGM
Strix Group PLCAGM
Thor Energy PLCGM re equity raise
Friday 21 June 
All Things Considered Group PLCAGM
Monday 24 June 
Anglo-Eastern Plantations PLCAGM
Cizzle Biotechnology Holdngs PLCAGM
Cobra Resources PLCAGM
Diaceutics PLCAGM
Ithaca Energy PLCAGM
Network International Holdings PLCAGM
Oriole Resources PLCAGM
Oxford Biomedica PLCAGM
Savannah Resources PLCAGM
THG PLCAGM
Trinity Exploration & Production PLCAGM
World Chess PLCAGM
Tuesday 25 June 
Alphawave IP Group PLCAGM
Anpario PLCAGM
Aurrigo International PLCAGM
Elixirr International PLCAGM
Future Metals NLGM
Gemfields Group LtdAGM
Huddled Group PLCAGM
ICG Enterprise Trust PLCAGM
IQE PLCAGM
Roadside Real Estate PLCAGM
Rockhopper Exploration PLCAGM
Saga PLCAGM
Skillcast Group PLCAGM
Verici Dx PLCAGM
Vertu Motors PLCAGM
Vietnam Enterprise Investments LtdAGM
Xeros Technology Group PLCAGM
Wednesday 26 June 
Amicorp FS UK PLCAGM
Ariana Resources PLCGM re merger with Rockover Holdings
Asiamet Resources LtdAGM
Avacta Group PLCAGM
Bluejay Mining PLCAGM
Cora Gold LtdAGM
Corre Energy BVAGM
Creo Medical Group PLCAGM
East Star Resources PLCAGM
Echo Energy PLCAGM
Emmerson PLCAGM
HSS Hire Group PLCAGM
India Capital Growth Fund LtdAGM
Infrastructure India PLCGM re delisting from AIM
International Consolidated Airlines Group SAAGM
Novacyt SAAGM
Pinewood Technologies Group PLCAGM
RA International Group PLCAGM
SpaceandPeople PLCAGM
Warpaint London PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
13 Jun 2024 16:41

TRADING UPDATES: Christie trading improved, maintains expectations

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
13 Jun 2024 12:22

Ariana Resources upbeat on revised Dokwe mineral resources

(Sharecast News) - Ariana Resources, an AIM-listed mineral exploration and development company with interests in gold projects across Africa and Europe, reported a revised mineral resource estimate (MRE) for its Dokwe North and Dokwe Central projects in Zimbabwe on Thursday.

Read more
6 Jun 2024 21:42

IN BRIEF: Ariana Resources updates on due diligence in Zimbabwe

Ariana Resources PLC - Precious metals exploration company focused on the Eurasian Tethyan metallogenic belt - Provides update on its due diligence review of the Dokwe gold project in Zimbabwe. Explains Ariana recently entered a conditional agreement to acquire 100% of Dokwe by way of merger with Rockover Holdings Ltd, in which Ariana currently holds around 2.1%. As part of its due diligence review, Ariana has completed four diamond drill holes for a total of 1,222m, two each at the Dokwe North and Dokwe Central deposits. Managing Director Kerim Sener says: "We have been able to both confirm historical drilling results, the distribution and nature of gold mineralisation within the Dokwe North and Central deposits and their geological controls, including new insights into the structural controls on mineralisation. The results from the holes at Dokwe Central in particular are critical for us to estimate resources at this deposit, and the three holes we have assays for so far have yielded lengthy zones of high and moderate-grade gold mineralisation."

Read more
29 May 2024 19:41

EARNINGS AND TRADING: First Tin "consolidates" holdings in Taronga

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
9 May 2024 16:33

IN BRIEF: Ariana Resources gets Dokwe revised pre-feasibility study

Ariana Resources PLC - Precious metals exploration company focused on the Eurasian Tethyan metallogenic belt - Gets revised pre-feasibility study for the Dokwe project in Zimbabwe. Says Dokwe PFS shows post-tax net present value of USD160 million and a 13-year mine life at 60,000 ounces of gold per year. Dokwe project is part of Rockover acquisition, it adds. Managing Director Kerim Sener says: "This substantial update to the Dokwe Project PFS further underscores our assessment that the project represents a major value-accretive opportunity for the proposed enlarged Company once we complete our merger with Rockover. Notably, the revised PFS only includes the Dokwe North area and there is significant scope to enhance the economics further if Dokwe Central is included...We anticipate positive developments through further project optimisation studies of the Dokwe project, which require ongoing assessment, along with similar studies being undertaken across the rest of our project portfolio."

Read more
1 May 2024 16:37

TRADING UPDATES: Norcros sets out strategic aims; Synthomer seals sale

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
1 May 2024 13:41

Ariana sets out fresh production guidance for Zenit

(Sharecast News) - Mineral explorer and developer Ariana Resources announced its production guidance for 2024 from its stake in the Zenit mining operations on Wednesday.

Read more
25 Apr 2024 13:12

Ariana Resources agrees all-share merger with Zimbabwe project owner

(Alliance News) - Ariana Resources PLC on Thursday said it has agreed to buy all of Rockover Holdings Ltd, the owner of the Dowke gold project in Zimbabwe.

Read more
28 Mar 2024 10:28

TRADING UPDATES: Develop North net asset value down amid rising rates

(Alliance News) - The following is a round-up of updates by London-listed companies, issued this week and not separately reported by Alliance News:

Read more
12 Mar 2024 17:41

EARNINGS AND TRADING: Ariana strikes gold; Union Jack adds royalties

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
12 Mar 2024 12:37

Ariana reports latest drilling results from Tavsan

(Sharecast News) - Mineral explorer and developer Ariana Resources unveiled the latest developments at its Tavsan Project on Tuesday, which it operates in partnership with Zenit, Proccea Construction and Ozaltin Holding, with Ariana holding a 23.5% stake.

Read more
22 Feb 2024 16:10

Ariana posts positive drilling results from Kizilcukur

(Sharecast News) - Minerals explorer and developer Ariana Resources reported positive outcomes from its fourth quarter drilling initiative at the Kizilcukur Project in the Kiziltepe Sector on Thursday.

Read more
22 Feb 2024 12:05

EARNINGS AND TRADING: Galliford wins deals; Sylvania profit down

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and Wednesday and not separately reported by Alliance News:

Read more
15 Feb 2024 14:22

IN BRIEF: Ariana Resources completes Dokwe due diligence drilling

Ariana Resources PLC - mineral explorer and developer with gold mining interests in Turkey, Cyprus and Kosovo - Anounces completion of 1,222 metres diamond drilling for due diligence purposes at Dokwe Gold Project in Zimbabwe. Says two holes have been drilled at Dokwe North and two at Dokwe Central. Consultant has commenced assessment of metallurgy and potential process routes. Company says mineralisation's geochemical characteristics are being defined through an "extensive" pXRF programme on old and new drill cores. Dokwe is owned by Rockover Holdings Ltd, of which Ariana owns approximately 2.1%. Ariana says the companies are in "exclusive discussions" regarding potential "further collaboration".

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.