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Pin to quick picksBeowulf Share News (BEM)

Share Price Information for Beowulf (BEM)

London Stock Exchange
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Share Price: 0.65
Bid: 0.60
Ask: 0.70
Change: -0.07 (-9.72%)
Spread: 0.10 (16.667%)
Open: 0.725
High: 0.725
Low: 0.65
Prev. Close: 0.72
BEM Live PriceLast checked at -

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AIM WINNERS & LOSERS: Vela Tech rises as Skillcast AIM debut goes well

Wed, 01st Dec 2021 11:02

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

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AIM - WINNERS

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Beowulf Mining PLC, up 21% at 7.4 pence, 12-month range 3.5p-7.5p. Notes recent increase in share price following positive comments from new Swedish prime minister about need for more mines in the country and by new minister of enterprise & innovation about 'taking action' in the matter of Beowulf's Kallak mine. Beowulf will be writing to the minister to seek clarification on Kallak assessment process.

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Vector Capital PLC, up 15% at 47.00p, 12-month range 37.02p-65p. The commercial lender now expects revenue and pretax profit for 2021, and the aggregate loan book at the year end, to be ahead of current market expectations. "We are pleased to update on the continued positive performance of the group, driven by the increasing demand for our loans from an expanding introducer base," says Chief Executive Agam Jain.

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Vela Technologies PLC, up 14% at 0.054p, 12-month range 0.04p-0.15p. Makes GBP250,000 investment in Skillcast Group PLC's IPO funding round. Skillcast began trading on London's AIM market on Wednesday, with shares rising to 41.66p on its debut from IPO price of 37p. Skillcast provides software and content subscriptions and related professional services.

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AIM - LOSERS

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Venture Life Group PLC, down 27% at 35.17p, 12-month range 34p-105p. The maker and distributor of self-care products expects December to be an important month of trading, but confidence in predicting certain deliverables, particularly logistics, "remains lower than normal". Believes turnover for year will be not less than GBP32 million, but adds that final outcome will be determined by "how these volatile issues conclude". Also says Chair Lynn Drummond is retiring from board, with a process underway to find her successor.

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Abingdon Health PLC, down 27% at 27.85p, 12-month range 25.5p-136.65p. The developer and manufacturer of rapid tests plans fundraising. Is looking to raise GBP3.7 million via placing of no less than 14.8 million shares at 25p each, and a subscription from shareholders is set to raise this to GBP4.0 million. Qualifying shareholders will be offered opportunity to subscribe for up to 4.0 million shares through open offer, to raise around GBP1.0 million, and also plans PrimaryBid offer to raise up to GBP500,000.

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Mobile Tornado Group PLC, down 23% at 1.85p, 12-month range 1.85p-6.35p. The communications technology company says Canadian customer will not be renewing contract effective December 31. Says talks remain ongoing over possibility of extending of amending the contract, but no guarantee these talks will be successful.

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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22 Jan 2024 11:49

Beowulf Mining shares up after government backs Kallak mining

(Alliance News) - Beowulf Mining PLC received an endorsement from the Swedish government on Monday, as it declared the company's planned Kallak operations a matter of "national interest".

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17 Jan 2024 18:31

IN BRIEF: Beowulf Mining hopeful for prospects of updated strategy

Beowulf Mining PLC - Sweden, Finland and Kosovo-focused mining company - Provides update for the graphite anode materials plant in the GigaVaasa area. Updates strategy to fast-track full GAMP process to capture more of the anode material production value-chain and provide greater supply-chain security following the export controls imposed by China on graphite materials in December 2023. Explains graphite concentrate will initially be sourced from third parties but ultimately the intention is to develop own deposits in Finland where preliminary metallurgical test-work has returned very encouraging results. Says enhanced pre-feasibility study on the full GAMP process is expected to be concluded during 2024. Chief Executive Ed Bowie comments: "This updated strategy builds on the PFS completed last year and, through capturing more of the value-chain, is expected to improve the already excellent economics."

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29 Nov 2023 14:18

IN BRIEF: Beowulf Mining third-quarter loss narrows after loan repaid

Beowulf Mining PLC - Sweden, Finland and Kosovo-focused mining company - Consolidated loss narrows to GBP586,127 in the third quarter that ended September 30 from GBP593,178 a year prior, as finance charges fall to effectively none from GBP146,120. This was the result of a bridging loan being repaid in the first quarter of 2023. The company does not generate revenue. Looking ahead, Beowulf is focused on Kosovo, where Vardar Minerals completed "critical" baseline mapping and sampling on Beowulf's Shala licenses. Chief Executive Ed Bowie explains: "The area contains kilometre-scale hydrothermal alteration systems with significant base and precious metal content identified in soils and grab samples. Follow-up work including detailed mapping, infill sampling and drone magnetic surveys, are helping to better define future drill targets."

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2 Nov 2023 14:18

TRADING UPDATES: Pyx premium zircon production up in third quarter

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

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

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TRADING UPDATES: Bezant optimistic after Hope & Gorob estimate

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

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27 Oct 2023 13:34

Beowulf's Grafintec seeing opportunities in China export ban

(Sharecast News) - Beowulf Mining updated the market on its graphite strategy on Friday as it looked to capitalise on a new, restrictive regulatory move from China.

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27 Oct 2023 13:34

Beowulf's Grafintec seeing opportunities in China export ban

(Sharecast News) - Beowulf Mining updated the market on its graphite strategy on Friday as it looked to capitalise on a new, restrictive regulatory move from China.

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24 Oct 2023 16:37

Beowulf Mining shares jump as work ramps up at Kallak iron ore project

(Alliance News) - Shares in Beowulf Mining PLC on Tuesday leapt after reporting a positive update at its Kallak iron ore project.

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24 Oct 2023 13:29

Beowuld reports progress on Kallak Iron Ore Project

(Sharecast News) - Beowulf Mining updated the market on progress and its plans for the Kallak Iron Ore Project on Tuesday, alongside its wholly-owned Swedish subsidiary Jokkmokk Iron Mines.

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24 Oct 2023 10:47

AIM WINNERS & LOSERS: FD Technologies fall as swings to loss

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

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TRADING UPDATES: Cohort trading ahead of expectations, record orders

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

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4 Sep 2023 11:23

Beowulf Mining notes Grafintec working to establish graphite facility

(Alliance News) - Beowulf Mining PLC on Monday noted that its Finnish subsidiary Grafintec Oy is working on establishing a facility for processing graphite, focused on the European battery industry.

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