Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEmpire Metals Share News (EEE)

Share Price Information for Empire Metals (EEE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 9.60
Bid: 9.30
Ask: 9.90
Change: 0.25 (2.67%)
Spread: 0.60 (6.452%)
Open: 9.40
High: 9.60
Low: 9.35
Prev. Close: 9.35
EEE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: STM surges on potential takeover offer

Tue, 11th Jul 2023 10:29

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

----------

AIM - WINNERS

----------

STM Group PLC, up 82% at 50 pence, 12-month range 22.35p-62.6p. The London-based financial services provider reveals it has agreed in principal to a potential cash takeover offer at 70p per share. Its shares had closed at 27.90p on Monday. The possible offer is from PSF Capital GP II Ltd as general partner of PSF Capital Reserve LP. PSF provides pension savings and pension risk transfers. Should an offer be made at the price suggested, the STM board would recommend it unanimously to shareholders, the company says.

----------

Empire Metals Ltd, up 13% at 2.54p, 12-month range 0.75p-3.2p. The London-based minerals explorer and developer says the first petrographic and mineralogical studies on the high-grade titanium discovery at the Pitfield project in Western Australia confirm the presence of ilmenite. Ilmenite is an "important economic titanium-iron oxide mineral", it explains. "Since announcing the titanium discovery on May 30 we have been able to demonstrate the scale of this mineral system and confirm that the host sedimentary rocks have been extensively replaced by titanium and iron minerals," says Managing Director Shaun Bunn. This sets Pitfield apart from typical titanium deposits, which are either lower grade heavy mineral beach sand deposits, or hard-rock igneous deposits which hard to beneficiate, Bunn continues.

----------

AIM - LOSERS

----------

Totally PLC, down 7.3% at 11.82p, 12-month range 11.21p-48p. The frontline healthcare services provider extends Monday's losses, having fallen 28% upon publishing its annual results. Despite higher profit and revenue in the financial year ended March 31, the firm's shares came under pressure due to its guidance for a weaker revenue performance in the year ahead. It spoke of "increasingly challenging operating conditions".

----------

By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
13 Mar 2023 16:55

Empire Metals raises GBP1.3 million in placing to fund exploration

(Alliance News) - Empire Metals Ltd on Monday it raised GBP1.3 million via placing new shares in order to advance its exploration plans at the Pitfield copper project in Western Australia.

Read more
1 Mar 2023 11:32

Empire Metals hires former Rio Tinto geologist as exploration manager

(Alliance News) - Empire Metals Ltd on Wednesday said it hired former Rio Tinto PLC geologist Andrew Faragher as its new exploration manager with immediate effect.

Read more
27 Feb 2023 19:09

Shanta Gold reports total resources of 3.67 million ounces

(Alliance News) - Shanta Gold Ltd on Monday reported total group-wide resources of 3.67 million ounces grading 3.28 gold per tonne at the end of 2022.

Read more
27 Feb 2023 19:07

Empire Metals hails kaolin mineralisation at Eclipse-Gindalbie project

(Alliance News) - Empire Metals Ltd on Monday reported extensive kaolin mineralisation has been identified at the Eclipse-Gindalbie project in Western Australia.

Read more
15 Feb 2023 12:01

IN BRIEF: Empire Metals has enough cash for drilling at copper project

Empire Metals Ltd - London-based minerals explorer and developer - Says that current cash position is around GBP1.3 million and that cash reserves are sufficient for the initial soil sampling and planned maiden drill programme at the Pitfield copper project in Western Australia.

Read more
6 Feb 2023 18:09

Empire Metals hails "leap forward" amid Pitfield project survey

(Alliance News) - Empire Metals Ltd on Monday said the results of surveys carried out at the Pitfield copper project in Western Australia were encouraging.

Read more
30 Jan 2023 14:23

TRADING UPDATES: Empire Metals confirms copper; Mosman hails progress

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

Read more
12 Jan 2023 21:56

TRADING UPDATES: Alliance Pharma hires COO; Empire advances field work

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

Read more
13 Dec 2022 21:59

TRADING UPDATES: Zanaga to close acquisition; Regional secures lease

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

Read more
23 Nov 2022 17:10

Empire Metals begins Pitfield exploration field work ahead of schedule

(Alliance News) - Empire Metals Ltd on Wednesday said it has commenced exploration field work at Pitfield, Australia, ahead of schedule.

Read more
3 Nov 2022 18:18

TRADING UPDATES: Gulf Marine wins deal; Kitwave trades in-line

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

Read more
3 Nov 2022 12:18

Empire Metals surges on latest data from Pitfield

(Sharecast News) - Resource explorer and developer Empire Metals released an analysis of the historical geochemical sampling compiled to-date on the Pitfield Copper Project in Western Australia on Thursday.

Read more
3 Nov 2022 10:46

AIM WINNERS & LOSERS: Longboat drilling falls short; Empire Metals up

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

Read more
3 Nov 2022 09:18

LONDON MARKET OPEN: BT results disappoint; pound falls on Fed outlook

(Alliance News) - Stock prices in London opened lower on Thursday, as the pound fell against a strengthening dollar, after the Federal Reserve indicated that US interest rates are likely to reach higher levels than previously thought.

Read more
25 Oct 2022 14:48

Empire Metals shares surge on Pitfield review

(Sharecast News) - Empire Metals announced the results of an expert review on the Pitfield Copper Project in Western Australia on Tuesday.

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.