Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAlba Mineral Resources Share News (ALBA)

Share Price Information for Alba Mineral Resources (ALBA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0625
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.015 (27.273%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.0625
ALBA 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: Alba wins permits; Aptamer cash-strapped

Tue, 04th Jul 2023 10:32

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

----------

AIM - WINNERS

----------

Alba Minerals Resources PLC, up 53% at 0.17 pence, 12-month range 0.090p- 0.23p. The northern Europe-focused mineral explorer wins ecological permits required for its planned dewatering and exploration of the primary target within the Clogau-St David's gold mine in north Wales. Says technical team and contractors are preparing the site to begin dewatering as soon as possible. "Detailed planning has been in train for some time so that we did not lose time once the permits were granted. Accordingly, we are well placed to complete our preparations on site and commence the dewatering exercise within a matter of days," says Executive Chair George Frangeskides.

----------

Kooth PLC, up 28% at 333.00p, 12-month range 107.00p-358.00p. The digital mental health platform wins a four-year contract worth USD188 million in California. Says it will provide services to the Behavioural Health Virtual Services Platform, a technology-enabled services solution for all children and young people in California. The service is expected to launch in January 2024. The contract will result in a "material" update to previous revenue guidance, now expecting not less than GBP34 million for 2023, up 69% from GBP20.1 million in 2022. Intends to hire over 200 staff in the next twelve months to support its Californian and broader US infrastructure. To fund this, proposes share placing at 300p per share to raise up GBP10 million.

----------

AIM - LOSERS

----------

Aptamer Group PLC, down 35% at 4.40p, 12-month range 3.01p-100.0p. The custom affinity binder developer warns it is running low on cash, with cash balance at the end of June standing at just GBP200,000. Consequently, requires short-term funding, and is reviewing "all possible financing options that are in the best interests of the company and its shareholder". Also reports decline in annual revenue, expecting around GBP1.8 million in the financial year ended June 30, which would be down 55% from GBP4.0 million the year before.

----------

Restore PLC, down 30% at 160.20p, 12-month range 160.0p-466.0p. The provider of digital and information management and lifecycle services says profit is likely to be below expectations, as its chief executive leaves with immediate effect. Says adjusted pretax profit in 2023 will be lower than the GBP31 million that is expected. Adjusted pretax profit in 2022 amounted to GBP41.0 million, so it expects a decline of roughly a quarter or more. Plans to cut permanent staff headcount by 230, in roles across senior managers, sales, support functions and operations. CEO Charles Bligh stands down by "mutual consent", with Senior Independent Director Jamie Hopkins taking the helm on an interim basis. Additionally, Chair Sharon Baylay-Bell becomes executive chair, also with immediate effect.

----------

By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
20 May 2021 20:34

IN BRIEF: Alba Mineral loss widens, plans Greenland assets spin-out

IN BRIEF: Alba Mineral loss widens, plans Greenland assets spin-out

Read more
7 May 2021 19:28

IN BRIEF: Alba Mineral notes promising findings at Greeland project

IN BRIEF: Alba Mineral notes promising findings at Greeland project

Read more
7 May 2021 08:15

Alba declares 'significant' exploration target at Amitsoq

(Sharecast News) - Alba Mineral Resources announced on Friday that, following a detailed independent assessment of the Amitsoq Graphite Project in southern Greenland, it had declared a "significant" exploration target for the project.

Read more
28 Apr 2021 11:35

IN BRIEF: Alba's Amitsoq graphite suitable for lithium-Ion batteries

IN BRIEF: Alba's Amitsoq graphite suitable for lithium-Ion batteries

Read more
28 Apr 2021 10:38

AIM WINNERS & LOSERS: Mulberry credits Asia and online for profit

AIM WINNERS & LOSERS: Mulberry credits Asia and online for profit

Read more
23 Apr 2021 11:31

AIM WINNERS & LOSERS: Bigblu Broadband rises on Quickline stake sale

AIM WINNERS & LOSERS: Bigblu Broadband rises on Quickline stake sale

Read more
23 Apr 2021 09:38

Alba Mineral Resources confirms gold mineralisation at Clogau-St David

Alba Mineral Resources confirms gold mineralisation at Clogau-St David

Read more
13 Apr 2021 21:56

TRADING UPDATES: Clipper Logistics, JD Sports ink letter of intent

TRADING UPDATES: Clipper Logistics, JD Sports ink letter of intent

Read more
12 Apr 2021 15:17

Alba Mineral Resources begins phase 2 drilling at Clogau gold mine

Alba Mineral Resources begins phase 2 drilling at Clogau gold mine

Read more
12 Apr 2021 09:23

Alba begins second phase of surface drilling at Clogau-St David's

(Sharecast News) - Alba Mineral Resources announced on Monday that the second phase of its surface drilling programme at the Clogau-St David's Gold Mine had started.

Read more
9 Apr 2021 11:03

TRADING UPDATES: Enwell and Alpha Growth post first quarter growth

TRADING UPDATES: Enwell and Alpha Growth post first quarter growth

Read more
9 Apr 2021 09:20

Alba Mineral Resources upbeat on Limerick project structural review

(Sharecast News) - Alba Mineral Resources announced the completion of a structural review on its Limerick Base Metals Project in Ireland on Friday, which identified three main target zones for follow-up exploration activities, including drilling.

Read more
12 Mar 2021 10:50

Alba Mineral shares rise as hails drilling at Clogau-St David's

Alba Mineral shares rise as hails drilling at Clogau-St David's

Read more
12 Mar 2021 10:11

AIM WINNERS & LOSERS: Alba Minerals says hole exceeds expectations

AIM WINNERS & LOSERS: Alba Minerals says hole exceeds expectations

Read more
12 Mar 2021 09:12

Alba reports 'significant' findings at Clogau-St David's project

(Sharecast News) - Alba Mineral Resources announced the completion of its phase 1 surface drilling programme at the Clogau-St David's Gold Mine on Friday.

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.