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Pin to quick picksAnglo Asian Share News (AAZ)

Share Price Information for Anglo Asian (AAZ)

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AIM WINNERS & LOSERS: Naked Wines cuts outlook and CEO steps down

Tue, 07th Nov 2023 10:44

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

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AIM - WINNERS

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Anglo Asian Mining PLC, up 37% at 68.60 pence, 12-month range 36.00p-124.00p. The Azerbaijan-focused copper and silver producer has signed a government protocol an action plan to "implement certain enhancements to its operations and procedures". "As a result of signing the protocol and agreeing the action plan, the company is now free to restart all its operations. The restart will be carried out in stages, and mining will recommence immediately," Anglo Asian says. It maintains 2023 production guidance of 30,000 to 34,000 gold equivalent ounces.

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Barkby Group PLC, up 8.3% at 6.50p, 12-month range 2.30p-11.00p. It achieves practical completion for its roadside development in Maldon which is also fully let. The investor in roadside property says completion at the Essex asset is "another important step in the implementation of our roadside real estate and EV strategy".

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AIM - LOSERS

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Naked Wines PLC, down 33% at 29.95p, 12-month range 28.00p-145.90p. The wine seller now predicts annual sales will fall between 12% and 16%. It had previously predicted a decline between 8% and 12%. Trading in the US market has been "weaker than anticipated", Naked Wines warns. It also announces Nick Devlin has stepped down as chief executive with immediate effect. Founder & Chair Rowan Gormley becomes executive chair on an interim basis. Devlin remains as president for Naked Wines USA "through the peak trading period" before leaving the group entirely. The stock hits this 52-week low on Tuesday.

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By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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22 Feb 2023 13:54

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Anglo Asian looks to construction on completion of Zafar scoping study

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20 Feb 2023 13:01

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Anglo Asian invests in Libero Copper & Gold to maintain 20% stake

(Alliance News) - Anglo Asian Mining PLC on Monday said it made a fourth investment in Libero Copper & Gold Corp, an exploration company focusing on projects in Colombia and Argentina, for CAD480,000, about USD355,000.

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

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18 Jan 2023 16:41

Anglo Asian Mining completes Gilar portal, now underground tunnelling

(Alliance News) - Anglo Asian Mining PLC on Wednesday said the portal to the Gilar mine in Azerbaijan has been completed, with underground tunnelling now underway to access the mineral deposit.

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16 Jan 2023 14:32

IN BRIEF: Anglo Asian Mining produces less gold but notes progress

IN BRIEF: Anglo Asian Mining PLC - London-based gold, copper and silver producer focused on Azerbaijan - Produces 57,618 gold equivalent ounces in 2022, down 11% from 64,610 a year prior. Cash as at December 31 grows 33% to USD20.3 million from USD15.3 million at September 30. Company says it made "significant" progress at its Zafar copper-gold deposit, where a mine design is almost finalised.

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TRADING UPDATES: Equals buys Roqqett; Aviva reappoints DWF

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

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Anglo Asian makes third investment in Libero Copper

(Sharecast News) - Azerbaijan-focussed gold, copper and silver producer, Anglo Asian Mining, has made a third investment in Libero Copper & Gold, it announced on Monday.

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TRADING UPDATES: Anglo Asian Mining reports mineral resource estimate

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

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

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Anglo Asian upbeat on latest Gilar drill results

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Anglo Asian Mining to double capacity of Zafar flotation plant

(Alliance News) - Anglo Asian Mining PLC said on Tuesday it will double the capacity of its Zafar flotation plant in Azerbaijan.

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TRADING UPDATE: Zenova paint used in NHS; results from Anglo Asian

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

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

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