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Pin to quick picksGoldPlat Share News (GDP)

Share Price Information for GoldPlat (GDP)

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Share Price: 8.05
Bid: 7.90
Ask: 8.20
Change: -0.55 (-6.40%)
Spread: 0.30 (3.797%)
Open: 8.60
High: 8.60
Low: 8.05
Prev. Close: 8.60
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UK TRADING UPDATE SUMMARY: Record Stands To Benefit From Volatility

Fri, 17th Apr 2020 12:06

(Alliance News) - The following is a round-up of updates by London-listed companies on the impact of the Covid-19 pandemic, issued on Friday and not separately reported by Alliance News:

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Record PLC - currency management - Has not been forced to cut wages or use government financial help schemes due to Covid-19. Reports fourth quarter assets under management equivalents down 9.4% to USD58.6 billion from USD64.7 billion at the end of December. In year to March 31, AUME grew 2%, with client numbers up 11% to 72. "Poised" for more growth amid market volatility.

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Urban Exposure PLC - asset manager - Says out of workforce of 30, three new hires cancelled and 13 roles either furloughed or given reduced hours. Says no bonuses for 2019, saving GBP2.1 million and chief executive, chief operating officer, chief revenue officer and chief financial officer take 10% pay cut. To report GBP200,000 pretax profit for 2019, on revenue of GBP9.0 million. Will not pay final dividend, saving GBP5.3 million.

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Panther Securities PLC - property investor - Says 41% of income comes from businesses that have not been forced to close due to lockdowns. Says too early to predict impact from virus on 2020 earnings. To pay a further 6 pence dividend for 2019.

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ECSC Group PLC - cybersecurity - Places 909,091 shares at 55p each to raise GBP500,000. Placing proceeds used to strengthen finances during pandemic and to ensure "longer-term growth opportunities" when virus crisis stabilises.

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WANdisco PLC - Data and AI - Delays publication of 2019 results due to Covid-19. To release annual report in June.

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SRT Marine Systems PLC - maritime tracking - Completes "Covid-19 resilience financing", securing GBP5.3 million through equity issues and loans. Inked GBP2.8 million from investors and agrees GBP2.5 million loan facility.

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Catenae Innovation PLC - digital media - Joins Cov-ID consortium which aims to record a patients Covid-19 test status.

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Bloomsbury Publishing PLC - publisher - Plans to raise GBP8.4 million through placing of 3.8 million shares at 223.25p each due to Covid-19. Says government lockdowns in key markets like UK, Australia and India has hit book sellers like WH Smith PLC, Barnes & Noble and Waterstones.

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Horizon Discovery Group PLC - cell engineering - Plans placing of 6.8 million shares. Based on 128p share price on Friday morning, it would secure GBP8.7 million. Says equity issue is to shore up finances amid Covid-19.

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Victoria Oil & Gas PLC - gas producer - Says a number of crew in Cameroon evacuated due to lockdowns. Says 5.1 million standard cubic feet per day of gas plus 1,656 barrels of condensate produced in first quarter of 2020. First quarter net revenue was USD5.3 million.

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W Resources PLC - copper and gold miner - Total of 274,000 tonnes of run of mine ore fed to La Parrilla mine, Spain during first quarter, up sharply quarter-on-quarter from 113,322 tonnes. Tungsten output rises to 3,305 metric tonne units from 968 in fourth quarter, metal more than doubles to 12.1 dry metric tonnes from 3.9. Says no personnel or contractor affected by Covid-19 and closure of non-essential services which hit Spanish operations has been lifted.

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Goldplat PLC - gold producer - Says operations in Ghana, South Africa and Kenya affected by Covid-19 restrictions. Restarting operations in SA on reduced basis from Monday. Mining sector classed as essential in Ghana.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
Today 11:04

Goldplat profit slumps as South African mining operation struggles

(Alliance News) - Goldplat PLC on Monday reported a significant fall in profit during the third quarter ended March 31.

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19 Apr 2024 09:41

Goldplat diesel generators arrive at South African operations

(Alliance News) - Goldplat PLC on Friday noted the arrival of the diesel generators at our operations in South Africa.

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19 Apr 2024 08:25

Diesel generators arrive for Goldplat's South Africa operations

(Sharecast News) - South Africa and Ghana-focussed Goldplat announced the arrival of diesel generators at its South African operations on Friday.

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25 Mar 2024 17:31

EARNINGS AND TRADING: RTC back in profit but Goldplat earnings fall

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

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7 Feb 2024 13:44

Goldplat reports success in Ghana, struggles in South Africa

(Sharecast News) - Goldplat reported a successful second quarter in Ghana on Wednesday, with an operating profit of £1.82m making for a significant increase from £1,03m in the second quarter of the 2023 financial year.

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7 Feb 2024 11:51

Goldplat increases operating profit despite "bittersweet" quarter

(Alliance News) - Goldplat PLC on Wednesday said its Ghana operations delivered an "exceptional" second quarter, although it continues to be hindered by delays in South Africa.

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22 Jan 2024 14:33

UK shareholder meetings calendar - next 7 days

Tuesday 23 January 
C4X Discovery Holdings PLCAGM
Goldplat PLCAGM reconvened
Marston's PLCAGM
Mitchells & Butlers PLCAGM
Wednesday 24 January 
Botswana Diamonds PLCAGM
Henderson Far East Income LtdAGM
Lowland Investment Co PLCAGM
Pantheon Resources PLCAGM
Tracsis PLCAGM
Thursday 25 January 
Alteration Earth PLCAGM
Britvic PLCAGM
Greencore Group PLCAGM
Henderson European Focus Trust PLCAGM
Ixico PLCAGM
Treatt PLCAGM
Friday 26 January 
Avon Protection PLCAGM
JPMorgan China Growth & Income PLCAGM
On The Beach Group PLCAGM
tinyBuild IncGM re fundraise
WH Smith PLCAGM
Monday 29 January 
Hollywood Bowl Group PLCAGM
Landore Resources LtdEGM re conditional fundraising shares
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
22 Dec 2023 15:50

UK shareholder meetings calendar - next 7 days

Monday 25 December 
no events scheduled 
Tuesday 26 December 
no events scheduled 
Wednesday 27 December 
Tremor International LtdAGM
Thursday 28 December 
ADVFN PLCAGM
Altona Rare Earths PLCAGM
Beximco Pharmaceuticals LtdAGM
Global Petroleum LtdAGM
Visum Technologies PLCAGM
Friday 29 December 
Apollon Formularies PLCAGM
Eco Atlantic Oil & Gas LtdAGM
Genedrive PLCAGM
Goldplat PLCAGM
Lansdowne Oil & Gas PLCGM re capital raise
Marula Mining PLCAGM
Microsaic Systems PLCGM re fundraise
Online Blockchain PLCAGM
Secure Property Development & Investment PLCAGM
SkinBioTherapeutics PLCAGM
Tetragon Financial Group LtdAGM
Woodbois LtdAGM
Zambeef Products PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

Read more
18 Dec 2023 18:33

EARNINGS AND TRADING: Goldplat profit tumbles despite revenue jump

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

Read more
10 Nov 2023 10:17

Goldplat first quarter operating profit slightly down, net cash halves

(Alliance News) - Goldplat PLC on Friday reported a mildly weaker operating profit in the first quarter of financial 2024 amid tamer performance in South Africa and improvement in Ghana.

Read more
10 Nov 2023 10:08

Goldplat reports slight dip in first-quarter profits

(Sharecast News) - South Africa and Ghana-focussed Goldplat reported operational results for its first quarter on Friday, with a combined operating profit of £1.87m excluding certain costs and financial factors, down slightly from £1.94m a year earlier.

Read more
15 Aug 2023 12:39

Goldplat operations struggle in Africa but profit stays resilient

(Alliance News) - Goldplat PLC on Tuesday said it experienced severe operational difficulties in its fourth quarter, but that it delivered a strong operating profit and expects to surpass market expectations for its latest financial year.

Read more
27 Jun 2023 14:01

IN BRIEF: Goldplat makes progress at South African operation

Goldplat PLC - mining services group with international gold recovery operations located in South Africa and Ghana - Says it is in the process of upgrading its tailing storage facility at the South African operation. Construction began in the second quarter, and was planned to be completed by the end of the fourth quarter, with one-month commissioning starting on July 1.

Read more
31 May 2023 18:14

IN BRIEF: Goldplat names new COO, renews gold licence in Ghana

Goldplat PLC - London-based gold recovery services company, which has operations in South Africa and Ghana - Names Douglas Davidson as Chief Operating Officer. Notes Davidson has extensive operational experience built up in operating large plants for De Beers, Namdeb and Namakwa Diamonds. Further, says the renewal of the group's gold license in Ghana has been finalised and the export of product has started, but notes sales will only be recognised in the next financial period. In addition, states the electricity shortages in South Africa continue and the company has lost 28% of hours available during the first two months of the financial fourth quarter compared to 20% in the third quarter. Intends to buy diesel generators which will be able to sustain operations in South Africa during electricity cuts at a cost of GBP750,000, which will be financed over 36 months. Expects the capital cost to be recovered within two years.

Read more
31 May 2023 14:00

Goldplat appoints COO, adds generators in South Africa

(Sharecast News) - Goldplat updated the market on its management team, licence renewal in Ghana, and electricity supply in South Africa on Wednesday.

Read more

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