Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAlumasc Group Share News (ALU)

Share Price Information for Alumasc Group (ALU)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 178.50
Bid: 175.00
Ask: 182.00
Change: 0.00 (0.00%)
Spread: 7.00 (4.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 178.50
ALU Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

LONDON AIM WINNERS & LOSERS: Ironridge Rallies On Ewoyaa Study Results

Tue, 19th Jan 2021 10:37

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

----------

AIM WINNERS

----------

Ironridge, up 45% at 21.00 pence. The Australia-based minerals exploration company reported "exceptional" scoping study results at the Ewoyaa lithium project in Ghana, with the study supporting the business case for 2.0 million tonnes per year production operation with life of mine revenue exceeding USD1.55 billion.

----------

Alumasc Group, up 23% at 140.00p. The Kettering, Northamptonshire-based building products supplier said conditions in its markets have remained positive, resulting in a "record" profit for the first half. Revenue increased 11% year-on-year to GBP45.6 million in the six months to the end of December and underlying pretax profit surged to GBP6.0 million from GBP2.3 million. Alumasc said it has entered the second half with good momentum and a resumption of its previous dividend policy is being mulled over by the board.

----------

Microsaic Systems, up 20% at 0.24p. The developer of mass spectrometry instruments said that it has, through Turner Pope Investments, conditionally raised GBP5 million via an oversubscribed placing of 5.00 billion new shares. "The net funds from the placing will fund the commercialisation of Microsaic's current miniaturised products and services, provide funds to further develop Microsaic's product and service portfolio and fund general working capital purposes to drive increased revenues by collaborations and revenue sharing opportunities that build and extend our existing sales, marketing and distribution channels," said Chief Executive Glenn Tracey.

----------

Trufin, up 15% at 77.44p. The the lending and technology company said revenue for 2020 is expected to be "significantly" ahead of market expectations, at around GBP14.6 million - double the GBP7.3 million posted for 2019. Firm's adjusted pretax loss also expected to be ahead of market forecasts, at no more than GBP8.4 million versus a loss of GBP9.3 million the year before.

----------

Thor Mining, up 13% at 1.03p. The exploration and development company with projects in Australia said it has raised GBP750,000 via the placing of 88.2 million new shares at 0.85p each. A London-based specialist resources investor is investing GBP600,000 and Artemis Resources - of which Thor director Mark Potter is non-executive chair - is also to invest GBP150,000. Funds will be used for exploration activities at the Ragged Range, gold & nickel project in the Pilbara Western Australia, copper evaluation at Alford East in South Australia, initial drilling of the uranium and vanadium projects in the US, and general working capital.

----------

AIM LOSERS

----------

Mountfield, up 19% at 0.49p. The Essex-based flooring and construction firm said accounts for the second half of 2020 show "the impact of the pandemic on the group", as it achieved a level of profitability below that in the first half. As a result of difficult trading conditions and uncertainty over which areas of construction will be in demand following the pandemic, the firm is considering making structural changes to the group.

----------

Iofina, down 7.2% at 13.45p. The US-focused iodine producer reported second half crystalline iodine production of 325.5 metric tonnes, the highest half-year production total in company history. However, back in October the firm said it was on track to achieve the lower end of its 340 to 360 metric tonne forecast for the second half. Iofina said indications in 2021 suggest the iodine market is recovering after lower demand in the second half of 2020.

----------

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
5 Sep 2019 09:11

Alumasc leaps on revenue growth, though profits slide

(Sharecast News) - Shares in Alumasc surged on Thursday as it reported an increase in annual revenues and appointed two new executive group directors, though restructuring costs sent profits lower.

Read more
29 Aug 2019 15:59

UK Earnings, Trading Statements Calendar - Next 7 Days

Friday 30 August Cathay International HoldingsHalf Year ResultsEMIS GroupHalf Year Year 2

Read more
28 Jun 2019 12:32

Alumasc Sets Plan To Brighten Prospects Of Struggling Shading Brand

(Alliance News) - Alumasc Group PLC outlined Friday its plans to develop its key blinds and shading brand Levolux, amid expectations of deeper losses than previously forecast at the company's

Read more
25 Jun 2019 09:58

Alumasc Starts Trading On AIM After Switch From London Main Market

(Alliance News) - Building products firm Alumasc Group PLC began trading on London's AIM market on Tuesday, having switched from the Main MarketAlumasc had announced the change back in

Read more
14 Jun 2019 11:41

Alumasc warns on profit as Levolux business mired with delays

(Sharecast News) - Alumasc Group warned on Friday that annual underlying profit before tax will be 10-15% below prior expectations following a weaker second half performance at its solar shading and balconies business.

Read more
14 Jun 2019 09:36

Alumasc Sees Drop In Annual Earnings On Poor Shading Unit Performance

(Alliance News) - Alumasc Group PLC on Friday warned that annual adjusted pretax profit for the year to June-end will be 10% to 15% below previous expectations due to weak second half performance

Read more
23 Apr 2019 15:08

Director dealings: Alumasc CEO ups stake

(Sharecast News) - Alumasc Group chief executive Graham Hooper purchased 36,266 ordinary shares in the London-listed building materials and fixtures supplier.

Read more
23 Apr 2019 12:24

DIRECTOR DEALINGS: Long-Standing Alumasc Chief Paul Hooper Buys Shares

LONDON (Alliance News) - Alumasc Group PLC said Tuesday that Chief Executive Officer Paul Hooper bought shares worth GBP34,271 in the building products maker in a transaction last - CEO since been

Read more
31 Jan 2019 11:49

Alumasc Reports Profit Fall In First Half Despite Revenue Growth

LONDON (Alliance News) - Alumasc Group PLC on Thursday said its profit declined sharply in the first half of its current financial year, but revenue grew on improvements in Levolux unit.The

Read more
24 Jan 2019 15:58

UK Earnings, Trading Statements Calendar - Next 7 Days

Friday 25 January BonmarcheTrading Statement AG BarrTrading GroupQ3 Smaller

Read more
15 Jan 2019 13:20

Vijay Thakrar Joins Alumasc Board As Richard Saville Departs

LONDON (Alliance News) - Building products firm Alumasc Group PLC on Tuesday announced the appointment of Walker Greenbank PLC board member Vijay Thakrar as non-executive director.Thakrar a

Read more
2 Nov 2018 11:21

Alumasc Appoints Stephen Beechey As Non-Executive Director

LONDON (Alliance News) - Alumasc Group PLC on Friday said it appointed Stephen Beechey as non-executive director with effect from January.The building & engineering products supplier as

Read more
1 Nov 2018 11:39

Alumasc Sells Facades Business For GBP6.0 Million To Kilwaughter

LONDON (Alliance News) - Alumasc Group PLC on Thursday reported the sale of its Facades business to Kilwaughter Minerals Ltd for up to GBP6.0 million in cash.The building & engineering

Read more
18 Oct 2018 15:55

UK Shareholder Meetings Calendar - Next 7 Days

Friday 19 OctoberRoss GroupPurplebricksAshmore GroupDechra 22 of London Investment 23

Read more
11 Sep 2018 10:46

Alumasc's Annual Profit Takes Hit From Bad Weather And Project Delays

LONDON (Alliance News) - Building products firm Alumasc Group PLC on Tuesday said its profit decreased in the first half of 2018, hurt by bad weather and Brexit uncertainties.Pretax profit

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.