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Pin to quick picksEuropean Metals Holdings Share News (EMH)

Share Price Information for European Metals Holdings (EMH)

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Share Price: 23.50
Bid: 23.00
Ask: 24.00
Change: 0.00 (0.00%)
Spread: 1.00 (4.348%)
Open: 23.50
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AIM WINNERS & LOSERS: Premier African Minerals slides on project delay

Thu, 25th May 2023 11:22

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

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AIM - WINNERS

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European Metals Holdings Ltd, up 7.3% at 33.80 pence, 12-month range 29.50p-59.00p. The mineral exploration and development company says testwork confirms separation efficiency and capability of flotation of lithium-bearing zinnwaldite from Cinovec in Czechia. It notes that the updated flotation testwork recently undertaken at Nagrom Laboratories, Perth, has repeatedly reached over 95% lithium recovery from flotation concentrates at target Li-grades and mass yield. "The exceptional lithium extraction results are outstanding and further underline the commercial viability of operations at Cinovec," says Chair Keith Coughlan. "We expect the current testwork to be completed by the end of June and will publish the full results." Cadence Minerals, which has a 6.8% stake in European Metals, was down 1.6%.

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AIM - LOSERS

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Premier African Minerals PLC, down 29% at 0.55p, 12-month range 0.26p-1.04p. The Africa-focused minerals and metals project developer says its process plant at Zulu lithium and tantalum project is now fully commissioned. The supplier has advised Premier African that the milling and sizing component of the plant requires certain limited modifications to allow for full optimisation to design capacity throughput. It now expects the first spodumene shipments in June, and final optimisation in the fourth quarter of 2023 following plant modifications.

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RA International Group PLC, down 23% at 12.10p, 12-month range 11.05p-25.00p. The London-based remote site services provider in Africa and the Middle East says pretax loss narrowed to USD13.2 million in 2022 from USD32.2 million in 2021. Revenue rises 15% to USD62.9 million from USD56.4 million the prior year. However, the company's underlying earnings before interest, tax, depreciation, and amortisation falls by 91% to USD600,000 to USD6.7 million. The underlying Ebitda margin narrowed markedly to 1.0% from 12.3%. The company says this was a reflection of "inflationary pressure impacting the business since the second half of 2021". The margin pressure will abate over time, RA says, "with newly awarded contracts generating improved margins".

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By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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15 Mar 2019 12:13

European Metals Loss Widens On Fees As Cinovec Development Continues

LONDON (Alliance News) - European Metals Holdings Ltd posted a widened loss in the first half of its year due to higher professional and directors fees as it continued to develop its Cinovec in a

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16 Jan 2019 11:40

European Metals Gets Offer For Cinovec Lithium Project

LONDON (Alliance News) - European Metals Holdings Ltd on Wednesday said it received an offer from Krupa Global Investments to purchase the Cinovec lithium mining and processing project.The

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19 Nov 2018 17:57

European Metals Raises GBP1.0 Million To Fund Cinovec Development (ALLISS)

LONDON (Alliance News) - Mining company European Metals Holdings Ltd on Monday said it has raised GBP1.0 million via a 5.2 million share placing at 20 pence per share.Shares in European at

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5 Nov 2018 11:05

European Metals Starts Diamond Drilling At Cinovec Lithium-Tin Project

LONDON (Alliance News) - European Metals Holdings Ltd said Monday it commenced its diamond drilling campaign at the Cinovec Lithium-Tin project in the Czech Republic.The company explained

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1 Oct 2018 10:42

WINNERS & LOSERS SUMMARY: Airlines Slide After Ryanair Profit Warning

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - WINNERS----------United up Bank

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1 Oct 2018 10:31

European Metals Shares Rise As Cinovec Drilling Permission Granted

LONDON (Alliance News) - Shares rose in European Metals Holdings Ltd on Monday as it said that it has received permission from the relevant authorities in the Czech Republic for a diamond drilling

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4 Sep 2018 10:32

WINNERS & LOSERS SUMMARY: Alfa Financial Sinks After Contract Delays

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - WINNERS----------DS up 1.3%. a

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4 Sep 2018 10:01

European Metals Shares Rise As Cinovec Feasibility Study Gets Update

LONDON (Alliance News) - Shares rose in European Metals Holdings Ltd on Tuesday as it said work has started on updating the preliminary feasibility study for the Cinovec lithium-tin project in in

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4 Sep 2018 08:50

European Metals makes 'significant advancements' at Cinovec lithium project

(Sharecast News) - European Metals has made some "significant advancements" in the development of its Cinovec project, the largest lithium deposit in Europe.

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28 Mar 2018 11:33

European Metals Testwork Achieves Lithium Recovery Rate Of 95%

LONDON (Alliance News) - European Metals Holdings Ltd said on Wednesday that preliminary results of metallurgical testwork conducted at its Cinovec project in Czech

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16 Mar 2018 15:58

European Metals Interim Loss Narrows Amid Drop In Share-Based Payments

LONDON (Alliance News) - European Metals Holdings Ltd on Friday said its loss narrowed during the first half of its current financial year due to a significant reduction in as

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17 Feb 2017 10:07

European Metals finds 'substantial' increase in lithium resource at Czech mine

(ShareCast News) - Miner European Metals found that there is a "substantial" increase in indicated resource at its lithium and tin project in the Czech Republic, following a seven month drilling programme. The AIM-listed company said this confirmed the status of the Cinovec project as the largest li

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10 Feb 2017 12:56

European Metals Holdings posts more positivity from Cinovec

(ShareCast News) - European Metals Holdings announced analytical results for the final three drill holes completed under the recently-completed drilling programme at the Cinovec Main sector on Friday. The AIM-traded firm said a revision of the resource model was now underway, and will form the basis

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10 Feb 2017 09:19

European Metals Says Strong Cinovec Drilling Results Continue

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3 Feb 2017 13:37

European Metals Holdings posts more solid data from Cinovec

(ShareCast News) - European Metals Holdings announce analytical results for two drill holes from the recently-completed drilling in the Cinovec Main sector on Friday. The AIM-traded company said the results confirmed or exceeded the expected lithium content and mineralisation widths. Additionally,

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