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Pin to quick picksAbingdon Healt. Share News (ABDX)

Share Price Information for Abingdon Healt. (ABDX)

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Share Price: 11.00
Bid: 10.50
Ask: 11.50
Change: -0.20 (-1.79%)
Spread: 1.00 (9.524%)
Open: 11.00
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Prev. Close: 11.20
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AIM WINNERS & LOSERS: Abingdon Health warns results to miss forecasts

Tue, 27th Apr 2021 10:30

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

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AIM - WINNERS

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Vast Resources PLC, up 31% at 0.10 pence, 12-month range 0.07p-0.29p. Says decline project to Level 19 is progressing on schedule and has started mining fresh higher grade ore at its Baita Plai polymetallic mine in Romania. "I am delighted with the operational progress that we have made in recent weeks and we remain well capitalised to achieve our development plan at Baita Plai without needing to come back to the market for the foreseeable future," says Chief Executive Andrew Prelea.

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Argos Resources Ltd, up 13% at 3.40p, 12-month range 1.39p-3.79p. The Falkland Islands-based exploration company says the Falkland Islands government has extended the second term of its PL001 licence by twelve months, to May 2022. Firm has a commitment to drill one exploration well within the licence area by the end of the second term of the licence.

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88 Energy Ltd, up 11% at 1.34p, 12-month range 0.23p-4.7p. Says testing commenced on sidewall cores, cuttings, mud gas and fluid samples from Merlin-1, North Slope of Alaska. Results expected over next 2 to 10 weeks. Initial mapping of additional prospective zones encountered in Merlin-1 encouraging, it says.

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Jet2 PLC, up 3.9% at 1,471.37p, 12-month range 429.8p-1,524p. The airline and package holiday operator guides to full-year loss, but says vaccine rollout "encouraging". Expects to report a loss before foreign exchange revaluation and tax from continuing operations for the financial year ended March 31 between GBP375 million and GBP385 million, swinging from profit of GBP264.2 million the year before. The UK's vaccine rollout and increasing momentum in Europe are both encouraging for the financial year ahead, Jet2 says, though highlights uncertainty over the UK government's proposed Covid-19 travel restrictions. "We continue to be encouraged by the volume of customer bookings for both Winter 21/22 and for Summer 22, for which package holiday bookings are displaying a materially higher mix of the total," it says.

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AIM - LOSERS

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Abingdon Health PLC, down 30% at 56.35p, 12-month range 41.5p-136.65p. Hits this 12-month low earlier on Tuesday. The rapid tests manufacturer says results for financial year ending June 30 to be "substantially" below market expectations. It continues to make progress on commercialising the AbC-19 rapid test both in the UK private sector and internationally, and is encouraged by ongoing commercial discussions while progressing required regulatory approvals. "Whilst each of the opportunities at the time of the interims remains in place and the pipeline continues to grow, the speed of adoption and therefore the receipt of orders is taking longer than the board originally anticipated," it warns.

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Scotgold Resources Ltd, down 21% at 55.75p, 12-month range 46p-170p. Hits this 12-month low earlier on Tuesday. The gold exploration company concludes that ramp up of underground mining at production at Cononish will be slower than originally planned. Expects production for calendar year 2021 to be materially less than the guidance range communicated in March. "The recent delays to the production ramp-up have had and are expected to have a negative impact on the company's cash position," it says, adding it is looking into financing options, including short-term debt financing from the directors.

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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8 Dec 2023 14:54

UK shareholder meetings calendar - next 7 days

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Copyright 2023 Alliance News Ltd. All Rights Reserved. 

Read more
24 Oct 2023 13:26

Abingdon Health appoints Feather as new interim finance director

(Alliance News)- Abingdon Health PLC on Tuesday named Andrew Feather as its new interim finance director.

Read more
18 Oct 2023 10:22

IN BRIEF: Abingdon Health finance chief resigns, seeks interim hire

Abingdon Health PLC - York, England-based lateral flow test contract development and manufacturing company - Chief Financial Officer Melanie Ross resigns as a director of the company with immediate effect and will leave the company outright on November 30. Abingdon Health says it expects to appoint an interim finance director shortly.

Read more
17 Oct 2023 11:06

Abingdon Health reports narrowed annual loss as shifts away from Covid

(Alliance News) - Abingdon Health PLC on Tuesday reported a narrowed loss amid higher revenue and decreased costs, as it focuses on shifting away from Covid products.

Read more
17 Oct 2023 10:18

AIM WINNERS & LOSERS: Destiny Pharma posts "landmark" XF-73 data

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

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30 Aug 2023 11:58

Abingdon announces three-way split to IPO concert party

(Alliance News) - Abingdon Health PLC on Wednesday said the shareholder concert party established at its initial public offering has been divided into three separate parties, although three shareholders are no longer included.

Read more
15 Aug 2023 16:56

LONDON MARKET CLOSE: Stocks slump on darkening China outlook

(Alliance News) - European equities suffered on Tuesday as poor data out of China compounded growth worries for the world's second-largest economy, while a red-hot UK wage inflation reading put the Bank of England under the spotlight.

Read more
15 Aug 2023 12:41

Abingdon rolling out saliva-based pregnancy test to Tesco stores

(Sharecast News) - Abingdon Health announced on Tuesday that grocery giant Tesco was launching 'Salistick' - its saliva-based pregnancy test - in 298 of its shops and on its online platform from late August.

Read more
15 Aug 2023 11:56

LONDON MARKET MIDDAY: FTSE 100 down as wage growth sparks rate fears

(Alliance News) - Stock prices in London were lower at midday on Tuesday, as wage growth fuelled talks of the Bank of England's next move.

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15 Aug 2023 10:52

AIM WINNERS & LOSERS: Abingdon Health rolls out Salistick in Tesco

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

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15 Aug 2023 09:25

Abingdon Health jumps as Tesco launches saliva-based pregnancy test

(Alliance News) - Abingdon Health PLC on Tuesday said that Tesco PLC will roll-out Salistick, the first-ever saliva pregnancy test, in 298 stores and online from late-August.

Read more
6 Jul 2023 12:58

Abingdon Health says non-Covid revenue more than doubled in past year

(Alliance News) - Abingdon Health PLC on Thursday said it expects to report a 42% jump in annual revenue, following successful diversification away from Covid-19 tests.

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19 Jun 2023 12:01

LONDON MARKET MIDDAY: Stocks down over worries on China's outlook

(Alliance News) - The FTSE 100 in London was lower at midday Monday, as a lowered economic outlook for China darkened the mood, with blue-chip mining companies among the worst hit on the stock market.

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19 Jun 2023 11:20

Abingdon Health rolling out saliva-based pregnancy test

(Sharecast News) - Abingdon Health announced the release of 'Salistick', a saliva pregnancy test, in the United Kingdom and Ireland on Monday.

Read more

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