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Share Price Information for Condor Gold (CNR)

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Share Price: 35.50
Bid: 35.00
Ask: 36.00
Change: 1.25 (3.65%)
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Open: 34.50
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TRADING UPDATES: 600 Group "leaner"; Totally doubles interim payout

Mon, 15th Nov 2021 14:48

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

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600 Group PLC - West Yorkshire, England-based manufacturer and distributor of machine tools, precision engineered components and industrial laser systems - Revenue in six months to September 30 rises 34% to USD34.0 million from USD25.4 million a year earlier. Swings to USD694,000 pretax profit from USD1.2 million loss. Says orderbook stands at USD23 million, a record level and more than double from a year earlier. "We have emerged from the pandemic with a record orderbook, strengthened operations and the foundations for sustained growth," Chair Paul Dupee says. 600 says it has made a strong recovery and has emerged a "leaner organisation".

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Totally PLC - Derby-based healthcare service provider that spans public and private sectors - Revenue in six months to September 30 increases 14% to GBP61.6 million from GBP54.1 million a year earlier. Pretax profit surges to GBP921,000 from GBP61,000. "These results demonstrate continued success in the first half of the year. With the winter months approaching, which bring high levels of uncertainty across all healthcare sectors, the board is confident that the outcome for the remainder of the group's trading year to 31 March 2022 will be in line with current consensus," Totally says. It doubles payout to 0.5 pence per share from 0.25p.

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Value & Indexed Property Income Trust PLC - investment company mainly focused on UK commercial properties as well as UK property-backed securities - Says net asset value per share at September 30 increases 7.2% to 290.52 pence per share, from 271.10p at March year end. Ups interim payout by 3.4% to 6.00p from 5.80p. Savills values company's estate at GBP110.1 million at September end, up from GBP80.6 million at end of March. During period, eight new properties were purchased for GBP22.5 million.

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Triple Point Income VCT PLC - renewable energy investor - Net asset value per share declines across board in six months to September 30. For C shares, NAV per share falls 2.1% to 81.56 pence from 83.30p in March. Over same period, D shares NAV per share down 1.7% to 58.57p from 59.59p. For E shares, NAV per share down by a chunkier 3.4% to 91.38p from 94.59p. Company says: "During the period we have seen the welcome lift of restrictions imposed due to the Covid-19 pandemic, and the refocus of the market onto other globally important issues, including the part that renewable energy has to play in tackling climate change and the role that intermittent energy generation plays to support the rise of renewables. We have also seen volatility of power prices. However, as the majority of our revenues are generated from renewable incentive schemes, the company's investments in both hydroelectric schemes and rooftop solar companies have not been materially adversely affected by this volatility."

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Condor Gold PLC - mine developer in Nicaragua - In third quarter ended September 30, Condor generates no revenue, unchanged annually. Pretax loss stretches to GBP591,827 from GBP377,286. Share-based payments increase 61% to GBP151,963 from GBP94,514 a year earlier. Administrative expenses rise 56% to GBP439,864 from GBP282,772. Condor Chair and Chief Executive Mark Child says third quarter focus was furthering La India project in Nicaragua to "shovel-ready status". "Several significant step-out and in-fill exploration programs were either advanced or completed. Additionally, the company provided the key findings of a technical report on the project which summarizes the results of a strategic mining study to Preliminary economic assessment standards," Child says.

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Pure Gold Mining Inc - Vancouver, Canada-based gold miner - Says third quarter pretax loss widens to CAD13.2 million from CAD9.7 million a year earlier. Posts no revenue, unchanged annually. Third-quarter gold production of 9,260 ounces, up 54% on the second quarter, with average daily throughput of 685 tonnes.

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Canadian Overseas Petroleum Ltd - oil and gas exploration focused on Nigeria and the US state of Wyoming - Says petroleum sales, net of royalties, amount to USD5.2 million in third quarter, after achieving none a year prior. Makes USD2.5 million unrealised loss and USD648,000 realised loss on crude derivates. It means revenue amounts to USD2.1 million. It did not post third quarter revenue a year earlier. Swings to net profit of USD7.5 million from USD2.1 million loss.

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MTI Wireless Edge Ltd - Israel-based communication and radio frequency technology - Posts results for nine months ended September 30. Revenue rises 8.1% to USD32.1 million from USD29.7 million a year earlier. Pretax profit increases 7.0% year-on-year to USD3.1 million from USD2.9 million. CEO Moni Borovitz says third quarter was "positive". "Operationally we are close to normal now, with nearly all of our markets functioning as they did pre-pandemic, but travel limitations and the availability and cost of shipment continue to be part of our challenges as part of the 'new normal'," Borovitz adds.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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12 Dec 2023 17:40

TRADING UPDATES: Celadon Pharma raises GBP2.0 million via placing

(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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5 Dec 2023 11:56

IN BRIEF: Condor Gold raises GBP1 million via chair's company

Condor Gold PLC - Gold exploration company with operations focused on Nicaragua - Notes that Galloway Ltd, owned by Condor Gold Chair Jim Mellon's Burnbrae Group Ltd, sends notice to Condor Gold which will result in the issue of 6.7 million new shares at an issue price of 15p per share to raise GBP1 million. Condor Gold has approval for the shares to be listed on the Toronto Stock Exchange. Condor Gold adds that it is in discussions with other shareholders who have expressed interest in investing alongside the chair and largest shareholder on the same terms, with an update to be provided shortly. Chair Jim Mellon says: "I continue to be impressed with the asset sale process. We are very aware of the value of our assets and will maximise value for all shareholders. My investment of a further GBP1 million is designed to ensure sufficient financial runway during the sales process until a desired price is achieved."

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7 Sep 2023 14:41

EARNINGS UPDATES: Sylvania beats production goal, Angle revenue surges

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

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21 Jul 2023 10:04

IN BRIEF: Condor Gold says five acquisition offers received

Condor Gold PLC - Gold exploration company with operations focusing on Nicaragua - Says it has received five non-binding offers for the purchase of its assets, with three site visits having been completed. Adds that there are eight companies under non-disclosure agreements. Says additional enquiries have been received over the past two weeks.

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28 Mar 2023 14:39

TRADING UPDATES: EKF Diagnostics swings to loss as revenue drops

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

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13 Mar 2023 14:25

Condor Gold shares jump over interest for La India project, Nicaragua

(Alliance News) - Condor Gold PLC on Monday said it has received three formal expressions of interest for the acquisition of its La India Gold Project in Nicaragua.

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13 Mar 2023 10:43

AIM WINNERS & LOSERS: Condor Gold jumps on offers for La India

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

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13 Mar 2023 09:12

LONDON MARKET OPEN: Lower start as HSBC buys Silicon Valley Bank in UK

(Alliance News) - Stock prices in London opened lower on Monday, as the fallout from the collapse of Silicon Valley Bank continues, with HSBC Holdings announcing a rescue deal for the UK arm.

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21 Dec 2022 19:20

TRADING UPDATES: Atlantis Japan underperforms; Bellevue lowers payout

(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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5 Dec 2022 21:40

TRADING UPDATES: Sancus returns GBP1.6 million; Versarien's UK loan

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

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28 Nov 2022 14:33

Condor Gold raises funds via loan notes, also proposes an open offer

(Alliance News) - Condor Gold PLC said on Monday that it raised funds through the issue of unsecured convertible loan notes, while it also intends to launch an open offer to qualifying shareholders to subscribe to new ordinary shares.

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28 Nov 2022 10:56

Condor Gold raising up to £4.2m to fund Nicaragua requirements

(Sharecast News) - Condor Gold is raising up to £4.2m through a convertible loan note and proposed open offer, it announced on Monday, to finance working capital requirements.

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22 Nov 2022 20:02

TRADING UPDATES: AfriTin hails drilling finds; Severfield profit rises

(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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14 Nov 2022 16:30

Condor Gold loss narrows as La India gold mine nears completion

(Alliance News) - Condor Gold PLC on Monday reported a narrowed loss as it continued its feasibility study on the La India open gold mine in Nicaragua.

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26 Oct 2022 11:52

Condor Gold receives underwhelming results from study at La India

(Alliance News) - Condor Gold PLC on Wednesday saw shares drop after a feasibility study at its La India project produced disappointing results.

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