Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEuropa Oil & Gas Share News (EOG)

Share Price Information for Europa Oil & Gas (EOG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.875
Bid: 0.85
Ask: 0.90
Change: -0.025 (-2.78%)
Spread: 0.05 (5.882%)
Open: 0.90
High: 0.90
Low: 0.875
Prev. Close: 0.90
EOG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK WINNERS & LOSERS SUMMARY: Centamin Loses 20% On 2021 Guidance

Wed, 21st Oct 2020 10:37

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.

----------

FTSE 100 - LOSERS

----------

Fresnillo, down 4.4%. The gold and silver miner lowered its full-year gold guidance "marginally" as working restrictions due to the virus at the Herradura mine in Mexico hurt production. The Mexican company now expects annual gold production in the range of 745,000 to 775,000 ounces. Its previous guidance range was between 785,000 and 815,000 ounces. For the three months to September 30, gold output fell 6.3% quarter-on-quarter to 172,718 ounces from 184,356 due to the lower overall speed of recovery and ore grade at both Herradura and Noche Buena mines. Gold output fell 18% year-on-year from 209,752 ounces in the year ago quarter.

----------

FTSE 250 - LOSERS

----------

Centamin, down 20%. The gold miner reaffirmed its 2020 guidance but expects an output fall in 2021. During the third quarter, gold production fell 2% quarter-on-quarter to 128,240 ounces from 130,994 ounces. Gold sold in the quarter dropped 9% to 118,617 ounces from 130,745 ounces. It expects total 2020 output between 445,000 ounces to 455,000 ounces of gold produced but forecasts the 2021 figure to come in between 400,000 ounces to 430,000 ounces.

----------

OTHER MAIN MARKET AND AIM - WINNERS

----------

Thor Mining, up 31%. The exploration and development firm said it is "another step closer" to selecting drill targets at Ragged Range gold project, Australia. Thor reported "visible gold" along a 13 kilometre stretch in the project.

----------

Europa Oil & Gas, up 25%. The UK, Ireland and Morocco-focused oil and gas firm was given a one-year extension to Inezgane exploration permit by Moroccan regulators. The permit, which now runs to November 2022, was granted due to time lost as a result of Covid-19.

----------

Pipehawk, up 25%. The Hampshire-based provider of technology solutions to highways and rail industries said revenue in the year to June 30 jumped 24% to GBP8.3 million. Pretax profit surged to GBP194,000 from GBP12,000.

----------

ECO Animal Health Group, up 21%. The pet and livestock pharmaceuticals company said its revenue for the year to March 31 will exceed market expectations if current trends continue. ECO added that during the first half, revenue in China outperformed management expectations helped by the high price for pork.

----------

OTHER MAIN MARKET AND AIM - LOSERS

----------

Premier African Minerals, down 16%. The southern Africa-focused miner said it plans to raise GBP1.1 million through the placing of 2.75 billion shares at 0.04 pence each. "Premier intends to use the proceeds of the placing to assist with the funding to identify and secure high value exploration and/or cash generative assets," the company explained.

----------

D4T4 Solutions, down 13%. The data solutions provider said revenue in the six months ended September 30 fell 42% to GBP5.1 million from GBP8.8 million, though like adjusted profit, it came in in-line with internal expectations. D4T4 noted a "number of significant new contracts expected to close in the half" are still pending and now expected in the second half.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
5 Mar 2018 20:01

EXCLUSIVE-Chevron in talks to sell stake in Canada LNG project -sources

(Adds details about possible stake sale, project) By John Tilak, Ernest Scheyder and David French TORONTO/HOUSTON, March 5 (Reuters) - Corp

Read more
5 Mar 2018 19:09

EXCLUSIVE-Chevron in talks to sell stake in Canada LNG project -sources

By John Tilak, Ernest Scheyder and David French TORONTO/HOUSTON, March 5 (Reuters) - Chevron Corp is exploring options including the sale of a in a

Read more
6 Feb 2017 13:32

Europa signs farm-out deal with Angus

(ShareCast News) - UK and Ireland-focussed exploration, development and production company Europa Oil & Gas announced on Monday that its wholly owned subsidiary has signed a farm-out agreement in relation to a 12.5% interest in the PEDL 143 licence in the Weald Basin with a wholly owned subsidiary o

Read more
6 Feb 2017 08:39

Angus Energy Buys Stake In Holmwood Prospect From Europa Oil (ALLISS)

Read more
22 Nov 2016 09:53

Europa Oil & Gas can sell licence to Union Jack Oil

(ShareCast News) - Europa Oil & Gas' proposed sale of a stake in a North Lincolnshire licence for £600,000 to Union Jack Oil has been approved by the industry regulatory body. The Oil & Gas Authority has approved the sale on a 3.34% interest in the PEDL 180 and 180 licences, which cover the Wressle

Read more
4 Oct 2016 12:27

Europa Oil & Gas splits East Midlands licence acquisition with JV partner

(ShareCast News) - AIM-listed explorer Europa Oil & Gas has reassigned the interest of its East Midlands onshore licence following the acquisition from Shale Petroleum. The company bought the PEDL299 licence from Shale Petroleum for a nominal consideration of £1 in August and reassigned the company'

Read more
3 Oct 2016 12:29

Europa Oil & Gas reports 'strong' year as it expands in Ireland

(ShareCast News) - AIM-listed explorer Europa Oil & Gas said it delivered a "strong performance" for the year despite difficult market conditions with the low price of oil as it increased its presence in Ireland. Chief executive Hugh Mackay said: "In the face of difficult market conditions for the o

Read more
3 Oct 2016 08:43

Europa Oil Operations Should Become Profitable Once Wressle Produces

Read more
27 Sep 2016 14:04

Europa Oil offloads North Lincolnshire shares to Union Jack

(ShareCast News) - Oil and gas exploration, development and production company Europa Oil & Gas announced on Tuesday that it has signed a sale and purchase agreement in relation to its 33.34% interest in the PEDL180 and PEDL182 licences in North Lincolnshire with Union Jack Oil. The AIM-traded firm

Read more
27 Sep 2016 09:19

Union Jack Oil Increases Stake In PEDL180, PEDL182 To 11.7%

Read more
22 Aug 2016 16:30

Europa Oil&Gas provides technical update on license option 16/22

(ShareCast News) - Europa Oil&Gas's recently awarded licensing option 16/22 had un-risked indicative resources in the range of between 300 to 600m barrels of oil equivalent, the company said in a technical update. The explorer had a 100% interest in the licence, which covered 992 square kilometres i

Read more
2 Aug 2016 08:31

Europa Oil Gets One-Year Extension To Two Licenses Offshore Ireland

Read more
1 Aug 2016 14:00

Europa Oil&Gas identifies several gas leads offshore Ireland

(ShareCast News) - Europa Oil&Gas announced the discovery of several gas leads spanning two of its licenses offshore Ireland. Company boss Hugh Mackay highlighted the fact that the leads were in the vicinity of a gas field that had come into production just recently, with substantial gas infrastruct

Read more
5 Jul 2016 15:18

DIRECTOR DEALINGS: Europa Oil and Gas Non-Exec Director Buys Shares

Read more
4 Jul 2016 08:37

Egdon, Union Jack Unveil UK Licence Changes By Oil & Gas Authority

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.