Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksActive Energy Share News (AEG)

Share Price Information for Active Energy (AEG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.21
Bid: 0.17
Ask: 0.25
Change: 0.00 (0.00%)
Spread: 0.08 (47.059%)
Open: 0.21
High: 0.21
Low: 0.21
Prev. Close: 0.21
AEG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Revolution Bars to hit lower end of guidance

Tue, 17th Jan 2023 11:12

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

----------

AIM - WINNERS

----------

Active Energy Group PLC, up 21% at 4.73 pence, 12-month range 0.0950p - 7.50p. The biomass-based renewable energy firm says 2022 has been an "extremely productive year" for the company. Says the Player Design Inc has started building its future CoalSwitch production facility in the US state of Maine. It is targeting initial production volumes at the facility of 35,000 tonnes per year, with the aim of increasing this during 2023 towards an annualised production rate of 100,000 tonnes per year. Notes that commercial discussion for CoalSwitch continue in a number of countries. Says prospective customers range from power generators to cement products in the US.

----------

Serabi Gold PLC, up 8.3% at 36.30 pence, 12-month range 21.36p - 62.50p. The Brazil-focused gold miner reports fourth quarter gold production of 7,798 ounces, taking its total annual production to 31,819 ounces. This exceeds its production guidance for 2022 of 30,000 ounces. Chief Executive Mike Hodgson says: "The fourth quarter has been somewhat transitional as we have been moving some mining crews and fleet from the Sao Chico orebody over to Coringa. To date, the Coringa deposit has been in a development phase and as we begin 2023 will we see the first production from stoping, and this will result in an increase in the level of Coringa ore being delivered to the Palito plant. It was therefore particularly pleasing to maintain steady mine output from Palito Operations, even with reduced levels of manpower and equipment."

----------

AIM - LOSERS

----------

Revolution Bars Group PLC, down 32% at 5.00 pence, 12-month range 5.00p - 24.50p. In the first half of 2022, reports like-for-like sales 9.4% below the same period pre-pandemic. As a result, the board reassess its expectations for financial 2023, which ends in June, assuming that industrial action subsides and energy prices hold at their current levels. It now expects earnings before interest, tax, depreciation and amortisation for the year lower than previously anticipated. It expects the figure at the bottom end of market expectations which it puts between GBP6.7 million to GBP10.5 million. More positively, in the Christmas trading period, sees like-for-like sales rise by double-digits against the previous year thanks to strong corporate party bookings. Like-for-like sales grew by 17% in the five weeks to December 31. The Christmas trading period was hurt by industrial action across the UK, Revolution Bars adds.

----------

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
22 Nov 2018 12:23

Active Energy Shares Suspended To Clarify Timber Permits Approval (ALLISS)

LONDON (Alliance News) - Shares in Active Energy Group PLC were suspended from trading on AIM on Thursday pending clarification of whether or not it has been issued commercial timber permits in a

Read more
1 Nov 2018 12:44

Active Energy Looking For Directors After Managing Director Steps Down

LONDON (Alliance News) - Active Energy Group PLC said Thursday it is searching for new directors after Richard Spinks left the company's board to focus on his other business was the renewable

Read more
15 Oct 2018 10:40

Active Energy Shares Rise On Partnership With Georgia Renewable Power

LONDON (Alliance News) - Active Energy Group PLC on Monday said it formed a joint venture with Georgia Renewable Power LLC to install CoalSwitch facilities at three biomass-to-energy power plants

Read more
15 Oct 2018 08:54

Active Energy to install CoalSwitch facilities across the US

(Sharecast News) - AIM-quoted renewable energy outfit Active Energy has entered into a joint venture agreement with Georgia Renewable Power that will see the pair install CoalSwitch facilities across the US.

Read more
8 Oct 2018 12:48

Active Energy Amends Forestry Management Agreement Application

LONDON (Alliance News) - Active Energy Group PLC said Monday that it amended its application for the Crown Timber licence and forestry management agreement with the Canadian government after were

Read more
5 Oct 2018 15:09

Active Energy Issues 4.1 Million Shares Following Loan Conversion (ALLISS)

LONDON (Alliance News) - Active Energy Group PLC said on Friday that a holder of convertible loan notes has converted 150,000 notes into 4.1 million shares in the company.Following this now

Read more
28 Sep 2018 14:48

Active Energy Loss Expands As It Focuses On Commercialisation

LONDON (Alliance News) - Active Energy Group PLC on Friday reported a wider loss as it focuses on the commercialisation of its products.The renewable energy business said its operating loss

Read more
28 Sep 2018 11:28

Friday broker round-up

(Sharecast News) - Huntsworth: Berenberg reiterates buy with a target price of 150p.

Read more
12 Sep 2018 12:40

Active Energy Crown Timber Application Still Under Final Review

LONDON (Alliance News) - Active Energy Group PLC said Wednesday that its application for the Crown Timber licence and forestry management agreement with the Canadian government is still under the

Read more
13 Jun 2018 10:58

WINNERS & LOSERS SUMMARY: Just Eat Drops As Deliveroo Plans Expansion

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - up 2.3%. The miner reported that subsidiary a

Read more
17 May 2018 11:20

Active Energy To Buy Forestry Assets In Canada, Shares Rise

LONDON (Alliance News) - Shares in Active Energy Group PLC rose Thursday as it signed a memorandum of understanding to acquire a controlling stake in PowerWood Canada Corp, which holds multiple in

Read more
28 Nov 2016 10:35

WINNERS & LOSERS SUMMARY: Fear Of Italian 'No' Vote Weighs On Banks

Read more
7 Nov 2016 12:07

DIRECTOR DEALINGS: Active Energy Chief Executive Buys Shares

Read more
3 Nov 2016 17:03

DIRECTOR DEALINGS SUMMARY: Fourth Active Energy Director Buys Shares

Read more
31 Oct 2016 13:03

Active Energy Issues Shares To Investor And Joint Venture Partners (ALLISS)

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.