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London Stock Exchange

Share Price is delayed by 15 minutes

Share Price: 5.25

Bid: 5.00

Ask: 5.50

Change: -0.50 (-8.70%)

Spread: 0.50 (10.00%)

Open: 5.75

High: 5.375

Low: 5.125

Prev. Close: 5.75

GCM Live Price

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IN BRIEF: GCM Resources pretax loss narrows, expenses decline

Mon, 29th Jan 2024 18:14

GCM Resources PLC - London-based mining and energy company - Reports pretax loss in year to June 30, 2023 of GBP1.3 million, narrowed from GBP1.7 million the year prior. No revenue. Operating expenses fell to GBP728,000 from GBP750,000, pre-development expenditure tumbled to GBP180,000 from GBP414,000. Basic loss per share was 0.7 pence compared to 1.1p the year before. Shares will remain suspended until the settlement and completion of subscription to raise GBP500,000, previously announced on Friday last.

Current stock price: shares suspended at 2.80 pence

12-month change: down 99%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News

4 Dec 2020 15:10

Strand Hanson Resigns As GCM Resources's Nominated Advisor And Broker

Strand Hanson Resigns As GCM Resources's Nominated Advisor And Broker

15 Oct 2020 14:45

IN BRIEF: GCM Resources Signs Framework With China's NFC For Phulbari

IN BRIEF: GCM Resources Signs Framework With China's NFC For Phulbari

15 Oct 2020 10:15

GCM Resources signs framework agreement with NFC

(Sharecast News) - Mining and energy company GCM Resources announced on Thursday that its has signed a framework agreement with China Nonferrous Metal Industry's Foreign Engineering and Construction Co (NFC), valid for 12 months.

2 Sep 2020 21:52

IN BRIEF: GCM Resources Issues Shares To Consultants To Cover Fees

IN BRIEF: GCM Resources Issues Shares To Consultants To Cover Fees

14 Apr 2020 17:57

GCM Resources Extends Memorandum For Phulbari Project Development

GCM Resources Extends Memorandum For Phulbari Project Development

25 Mar 2020 11:26

GCM Resources Loss Narrows As Focus Turns To Bangladesh Project

GCM Resources Loss Narrows As Focus Turns To Bangladesh Project

6 Feb 2020 14:48

Polo Resources Ups Stake In Bangladeshi Coal Miner GCM

Polo Resources Ups Stake In Bangladeshi Coal Miner GCM

3 Feb 2020 14:09

GCM Resources extends Polo facility by ?1.2m

(Sharecast News) - Mining and energy company GCM Resources has agreed a £1.2m increase to its existing loan facility of £2.3m with Polo Resources, it announced on Monday.

3 Feb 2020 11:38

GCM Resources Secures GBP1.2 Million Increase To Polo Resources Loan

GCM Resources Secures GBP1.2 Million Increase To Polo Resources Loan

13 Jan 2020 10:05

GCM Resources Extends Agreements To Develop Flagship Coal Project

GCM Resources Extends Agreements To Develop Flagship Coal Project

11 Dec 2019 16:13

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

25 Nov 2019 18:42

GCM Resources Annual Loss Widens, Focus Remains On Bangladesh Project

GCM Resources Annual Loss Widens, Focus Remains On Bangladesh Project

4 Sep 2019 14:15

GCM Resources Inks Consultancy Deal To Advance Phulbari Coal Project

(Alliance News) - GCM Resources PLC on Wednesday said it has signed a consultancy agreement with DG Infratech Pte Ltd to advance its Phulbari coal and power project in north-west in GCM Resources

17 Jun 2019 13:45

GCM Resources Appoints Chapman Davis Partner As New Finance Director

(Alliance News) - GCM Resources PLC on Monday said it has appointed a long-serving partner of audit firm Chapman Davis as finance director and appointed a new non-executive director.Keith a

29 Mar 2019 10:57

GCM Resources Interim Loss Narrows Marginally As Costs Reduced

LONDON (Alliance News) - GCM Resources PLC on Friday said its loss in the first half of its financial year was narrowed marginally as costs were reduced compared to the previous year.For to