Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.

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: 0.0575
Bid: 0.055
Ask: 0.06
Change: 0.00 (0.00%)
Spread: 0.005 (9.091%)
Open: 0.0575
High: 0.0575
Low: 0.0575
Prev. Close: 0.0575
ALBA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: Virus Hits Mears But Tristel Gets Boost

Wed, 22nd Jul 2020 17:57

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

----------

Mears Group PLC - services provider to the UK's housing sector - Expects revenue from continuing activities in the first half to June 30 to fall 7.7% annually to GBP405 million from GBP439 million. Expects a pretax loss on continuing activities and before the amortisation of acquisition intangibles to be around GBP6.0 million, swinging from a GBP16.7 million profit. Expects a recovery in activity in second half, assuming Covid-19 infection levels remain low.

----------

Tristel PLC - Cambridgeshire-based manufacturer of infection prevention products - Results for year ended June 30 will be ahead of market expectations, with revenue coming in at GBP31.6 million, a 21% increase, and adjusted pretax profit rising at the same rate to GBP6.8 million. During the final four months of the year when Covid-19 impact was it its greatest, sales rose 30% annually.

----------

Barkby Group PLC - owner of businesses in real estate, consumer & hospitality and life sciences sectors - Withdraws forecast of Ebitda of GBP3.5 million for year ended June 30, due to Covid-19. Also secures GBP1 million loan under UK's coronavirus business interruption scheme. Notes Commercial Property Development completed construction of Hastings development in June. Hospitality arm made "positive" start to 2020 before Covid-19 interruption.

----------

Itaconix PLC - polymers maker - Expects revenue growth of 80% to USD1.1 million in six months to June 30. Notes several customers have boosted size of recurring orders due to increased demand amid Covid-19.

----------

Boku Inc - US-based mobile payments solution provider - Revenue for six months to June 30 expected to be at least USD24.7 million, a rise of 5.1% from USD23.5 million reported a year ago. Annual earnings before interest, tax, depreciation, and amortisation are expected in line with expectations and 65% higher from 2019.

----------

MobilityOne Ltd - e-commerce infrastructure payment solutions and platform provider - Says 50%-owned remittance firm OneTransfer Remittance Sdn Bhd signs money transfer agreement with MoneyGram Payment Systems Inc. Agreement means OTR customers can send money on MoneyGram platform.

----------

Blancco Technology Group PLC - data erasure firm with a sales office in Hertfordshire - Despite Covid-19 lengthening sales cycles, performance in year to June 30 was in line with market expectations with revenue inching 9.5% higher to GBP33.4 million from GBP30.5 million. Adjusted operating profit tipped to rise 14% to GBP4.0 million.

----------

Cloudcall Group PLC - cloud-based software firm with offices in Leicester, Sydney and Boston, US - Says revenue in six months to June 30 up 11% annually to GBP5.8 million. Recurring subscriptions up 20% to GBP5.1 million and users up 19% to 43,815.

----------

Quixant PLC - Cambridge-based technology outsourcer for gaming industry - Says key gaming unit sees "minimal" order over past three months as most clients closed due to Covid-19. The Densitron business unit however, has "experienced healthy demand from a range of industrial sectors".

----------

Empresaria Group PLC - West Sussex-based staffing firm - Profitable in both quarters during the six months ended June 30, despite Covid-19. Second quarter net fee income plunged 39% annually, contributing to a 22% fall in the whole of the first half to GBP28.2 million from GBP36.3 million. Made cost savings however, second quarter expenses were 30% lower year-on-year, after the first quarter when they fell 23%.

----------

Anexo Group PLC - Liverpool-based legal services provider - Trading continuing in line with expectations and plans to reinstate financial guidance for 2020 in its August interim report. Note some staff in its Bond Turner legal services division are returning to office working as Covid-19 lockdowns ease.

----------

Avacta Group PLC - Wetherby-based biotherapeutics firm - To begin clinical validation of Covid-19 laboratory test being developed by US-based Adeptrix as part of a UK government scheme.

----------

Resolute Mining Ltd - gold miner with assets in Senegal and Mali - Gold poured in quarter ended June down 3.2% to 107,183 ounces from 110,763 ounces in March. On track for 430,000 ounces poured in 2020.

----------

Alba Mineral Resources PLC - mineral exploration and development company with gold asset in Wales - Notes work activity as resumed at Clogau gold project, Wales following Covid-19 lockdown. Says priority for summer 2020 is completing underground bulk sampling programme, upon receipt of regulatory consent.

----------

Pure Gold Mining Inc Canada-based gold mine developer - Ontario Ministry of the Environment, Conservation & Parks approves and issues amended environmental compliance approval for air and noise emissions at Red Lake mine.

----------

Danakali Ltd - potash miner - Reports that notice of commencement of mine development at Colluli asset accepted by Eritrean Ministry of Energy & Mines.

----------

Predator Oil & Gas Holdings PLC - Jersey-based oil and gas company - Has made an offer to acquire Columbus Energy Resources PLC's stake in Inniss-Trinity CO2 project in Trinidad. Predator has option acquire interest for USD4.2 million but Predator's offer totalled USD1.8 million, so Columbus rejected.

----------

Jangada Mines PLC - natural resources company with vanadium asset in Brazil - reports "overwhelming success" from drilling campaign at its Pitombeiras vanadium project, Brazil. Received final five assay results received from the Goela target at project.

----------

Bluejay Mining PLC - explorer with assets in Greenland and Finland - Says agreement with "multinational commodity trading firm" at Dundas ilmenite project has increased. Offtake pact up 50% to between 250,000 and 300,000 tonnes per year, extending agreement by three months to October 31.

----------

Great Western Mining Corp PLC - mineral explorer with gold project in Nevada - Notes initial work has begun at the Trafalgar Hill, West Ridge and Rhyolite Dome targets at the Olympic Gold project in Nevada.

----------

Gunsynd PLC - London-based investment firm - Invests AUD200,000, about GBP110,000, in Eagle Mountain Mining Ltd, a copper and gold explorer. Forms part of Eagle Mountain's AUD3.0 million wider fundraising. The funds will finance a surface diamond drilling programme at its Oracle Ridge copper mine project.

----------

Dekel Agri-Vision PLC - West African focused agriculture company - Reports milling equipment for a cashew processing plant it is developing in Cote d'Ivoire has arrived at port of Abidjan from Italy as planned.

----------

Altus Strategies PLC - mining royalty firm - Reports preliminary economic assessment at Diba gold project, Mali. Reports a pretax net present value of USD115 million and a post-tax net present value of USD81 million.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
2 Mar 2021 17:12

TRADING UPDATES: Marlowe executes strategy with whirl of acquisitions

TRADING UPDATES: Marlowe executes strategy with whirl of acquisitions

Read more
2 Mar 2021 15:13

Alba Mineral Resources upbeat on latest drilling at Clogau-St David's

(Sharecast News) - Alba Mineral Resources updated the market on its work activities at the Clogau-St David's Gold Mine on Tuesday, where the latest results of the ongoing phase 1 surface drilling programme had now enabled it to project the newly=identified vein system at the Llechfraith mine area as having a strike extent of 58 metres.

Read more
24 Feb 2021 12:45

Alba Mineral Resources begins work on Gwynfynydd licence

(Sharecast News) - Alba Mineral Resources updated the market on the latest planned phase of work at its Dolgellau Gold Exploration Project in north Wales on Wednesday, reporting that the next step would involve stream sediment sampling.

Read more
24 Feb 2021 11:45

TRADING UPDATES: Avacta Plans Covid Test Launch Near First Quarter End

TRADING UPDATES: Avacta Plans Covid Test Launch Near First Quarter End

Read more
11 Feb 2021 14:54

Alba gets extension to exploration licence at Clogau-St David's

(Sharecast News) - Alba Mineral Resources said on Thursday that the Crown Estate has agreed to extend the duration of its exclusive exploration licence over the Clogau-St David's Gold Mine in north Wales.

Read more
11 Feb 2021 13:36

IN BRIEF: Alba Mineral Extends Licence For Clogau-St David Gold Mine

IN BRIEF: Alba Mineral Extends Licence For Clogau-St David Gold Mine

Read more
9 Feb 2021 11:13

Alba pleased with graphite test work results at Amitsoq

(Sharecast News) - Alba Mineral Resources announced the results of the independent test work programme undertaken on graphite material from its high-grade Amitsoq graphite project in southern Greenland on Tuesday, saying the work had confirmed that the graphite content of ore was "very high", among the highest found in flake graphite deposits globally.

Read more
9 Feb 2021 10:42

AIM WINNERS & LOSERS: Tavistock Rises As Tips Annual Earnings Climb

AIM WINNERS & LOSERS: Tavistock Rises As Tips Annual Earnings Climb

Read more
9 Feb 2021 10:36

IN BRIEF: "Very High" Graphite Content At Alba Mineral's Amitsoq

IN BRIEF: "Very High" Graphite Content At Alba Mineral's Amitsoq

Read more
4 Feb 2021 19:20

IN BRIEF: UKOG To Let Police Handle Slow Walk Protests At Horse Hill

IN BRIEF: UKOG To Let Police Handle Slow Walk Protests At Horse Hill

Read more
2 Feb 2021 11:14

IN BRIEF: Alba Mineral Says Clogau Drilling Delivering "In Spades"

IN BRIEF: Alba Mineral Says Clogau Drilling Delivering "In Spades"

Read more
15 Jan 2021 11:33

IN BRIEF: UK Oil & Gas Receives Consent For Turkish Acquisition

IN BRIEF: UK Oil & Gas Receives Consent For Turkish Acquisition

Read more
8 Jan 2021 13:49

IN BRIEF: Alba Mineral Resources Announces Gold Concentrate Production

IN BRIEF: Alba Mineral Resources Announces Gold Concentrate Production

Read more
7 Jan 2021 12:04

IN BRIEF: Alba Mineral Resources Gets Limerick Project Licence Renewal

IN BRIEF: Alba Mineral Resources Gets Limerick Project Licence Renewal

Read more
7 Jan 2021 10:24

Alba gets extension to Limerick Project licence

(Sharecast News) - Alba Mineral Resources said on Thursday that the exploration licence for its Limerick Base Metals Project has been renewed until 26 May 2022.

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.