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Pin to quick picksCapital Share News (CAPD)

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Share Price: 96.80
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TRADING UPDATES: Greatland hails gold find; Capital revenue climbs

Thu, 20th Apr 2023 17:23

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

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Capital Ltd - African markets-focused mining services provider - In the first quarter of 2023, revenue grows to USD77.8 million from USD66.9 million a year prior. Average monthly revenue per operating rig rises 10% to USD192,000 from USD174,000. Reiterates former expectation of 2023 revenue of USD320 million to USD340 million, up at least 10% from USD290.3 million in 2022. Chief Executive Peter Stokes says: "Our fleet remains highly utilised, our safety performance world class and we continue to see a strong tender pipeline of opportunities. This provides us a solid platform to achieve another record year milestone for 2023."

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Clean Power Hydrogen PLC - Doncaster, England-based green hydrogen technology and manufacturing company - Pretax loss widens to GBP3.6 million in 2022 from GBP3.5 million in 2021. Posts no revenue, down from GBP28,000. Administrative costs widen to GBP4.8 million from GBP2.1 million. Looking ahead, says is well positioned to use its technology and commercial differentiators to meet its strategic objectives.

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Greatland Gold PLC - London-based development and exploration company, specialising in one-tier gold and copper deposits in Australia - Finds 393 grammes of gold per tonne at Rudall project in Paterson province of Western Australia. Managing Director Shaun Day says: "These results, together with our continual improvement in understanding of the covered basement geology, stratigraphy and structure, increase our confidence in the prospectivity of the region, and our ability to vector towards intrusion related and other styles of mineralised systems on our extensive ground holdings."

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Nostra Terra Oil & Gas Co PLC - London-based oil & gas exploration and production company with a portfolio of development and production assets in Texas, US - Sells 11,988 barrels of oil in the fourth quarter of 2022, up 10% from 10,885 a year ago. Yields net revenue of USD946,464, 23% higher than USD767,000 a year prior. Average realised price for the period per barrel increases 13% to USD78.95 from around USD70. Further, says Fouke wells produce at rates above the current field allowable.

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Public Policy Holding Co Inc - US-based government relations and public affairs firm - Net loss narrows to USD7.2 million in 2022 from USD23.8 million in 2021. Revenue climbs to USD108.8 million from USD99.3 million. Personnel costs increase to USD52.3 million from USD44.1 million. Declares final dividend of USD0.095 per share, bringing the total to USD0.14. In 2021, the company had paid a dividend of USD0.0065 for the 15 days between December 16, when it had its IPO, to December 31. Looking ahead, expects organic revenue growth of 5% to 10% in 2023 while focuses on building a pipeline of strategic acquisition opportunities in the federal and state advocacy markets and public affairs markets in the US and abroad.

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Savannah Resources PLC - European lithium development company - Notes closure of public consultation period on revised Barroso lithium project environmental report and mine plan. Expects Portugal's environmental agency Agencia Portuguesa do Ambiente to continue with review and to issue its environmental impact statement at the end of May. Chief Executive Officer Dale Ferguson says: "Portugal is fortunate in having high quality lithium resources which could allow it to play a key role in providing a raw material which the European Commission has identified as being critical and strategic for the region's energy transition, as it looks to combat the effects of climate change and develop new sectors in its economy."

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Sherborne Investors (Guernsey) C Ltd - closed ended investment company - NAV per share at Dec 31 falls 8.2% to 75.62 pence from 82.38p a year prior. Pays final dividend of 0.5p per share dividend for 2022, bringing the total to 1.0p, compared to no payouts for 2021.

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By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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18 Apr 2024 21:47

TRADING UPDATES: Thor Explorations says production up at Segilola

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

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11 Apr 2024 15:09

UK dividends calendar - next 7 days

Friday 12 April 
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Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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14 Mar 2024 15:17

EARNINGS AND TRADING: Smarttech247 and Beeks in deal boosts

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

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14 Mar 2024 11:07

SMALL-CAP WINNERS & LOSERS: Ceres rises; Capital revenue below outlook

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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19 Jan 2024 10:13

Capital eyes continued growth as revenue boosted by mining

(Alliance News) - Capital Ltd on Friday said it expects growth in 2024 to be driven by an increase in operations with Nevada Gold Mines, as it reported a revenue jump for 2023.

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22 Dec 2023 09:51

SMALL-CAP WINNERS & LOSERS: EnQuest rises on GBP46 million sale

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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21 Dec 2023 11:54

LONDON MARKET MIDDAY: Stocks frosty ahead of US economic data

(Alliance News) - Investors were not in the festive spirit on Thursday, with stocks in London down, as the last load of US economic data edges closer.

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21 Dec 2023 11:51

IN BRIEF: Capital Ltd wins "major" US contract, hires new Americas CEO

Capital Ltd - mining services company - Majority-owned subsidiary and geochemical laboratory services provider MSALabs wins a contract worth USD140 million over five years with US-based Nevada Gold Mines. Company expects annual revenue of USD30 million once fully operational. Says deal, to "operate a state-of-the-art hybrid laboratory", is the largest contract award in MSALabs's history. Nevada Gold Mines also recently awarded a three-year drilling services contract to Capital Ltd, which becomes fully operational in 2025 and will generate approximately USD35 million in annual revenue.

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21 Dec 2023 09:47

SMALL-CAP WINNERS & LOSERS: Capital hails record MSALabs contract

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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31 Oct 2023 16:37

EARNINGS AND TRADING: Kromek wins deals; First Class Metals optimistic

(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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31 Oct 2023 09:45

SMALL-CAP WINNERS & LOSERS: Zotefoams inks racing shoe deal with Nike

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

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18 Oct 2023 12:21

Capital expects continued revenue growth; hails Barrick Gold mine

(Alliance News) - Capital Ltd on Wednesday said it anticipates continued revenue growth as it hailed a soon-to-be-operational mine in the Democratic Republic of Congo.

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20 Sep 2023 14:37

TRADING UPDATES: Capital inks contract; Lansdowne becomes cash shell

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

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12 Sep 2023 09:50

SMALL-CAP WINNERS & LOSERS: Regional REIT down as swings to loss

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

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4 Sep 2023 12:12

IN BRIEF: Capital Non-Executive Catherine Boggs buys 95,000 shares

Capital Ltd - London-based provider of mining services, mostly in Africa - Independent Non-Executive Director Cassie Boggs buys 95,360 shares at average USD1.08, worth USD102,888, on Thursday on the US OTC market. Boggs now has 138,838 shares.

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