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Pin to quick picksGriffin Mining Share News (GFM)

Share Price Information for Griffin Mining (GFM)

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Share Price: 150.00
Bid: 144.00
Ask: 147.00
Change: 3.00 (2.04%)
Spread: 3.00 (2.083%)
Open: 150.00
High: 150.00
Low: 150.00
Prev. Close: 147.00
GFM Live PriceLast checked at -

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Wednesday broker round-up UPDATE

Wed, 22nd May 2013 09:37

Afferro Mining: Panmure Gordon reduces target price from 279p to 100p, while keeping its buy recommendation.Amara Mining: Westhouse Securities cuts target price from 110p to 90p retaining a buy recommendation.Amlin: Westhouse Securities moves target price from 455p to 470p and upgrades to add.ARM Holdings: Berenberg increases target price from 1150p to 1350p and maintains a buy recommendation.Beazley: Westhouse Securities shifts target price from 235p to 245p, while downgrading to neutral.Britvic: Investec places both its target price (prev.: 447p) and its buy recommendation under review.Burberry: JP Morgan increases target price from 1320p to 1400p and keeps a neutral rating. Deutsche Bank raises target price from 1400p to 1530p, while its hold recommendation remains unchanged. Credit Suisse ups target price from 1550p to 1600p and maintains an outperform rating.Capita Group: Investec ups target price from 865p to 1000p upgrading from sell to hold. HSBC Holdings increases target price from 775p to 1050p upgrading to neutral.Carnival: Morgan Stanley reduces target price from 2400p to 2200p, while reiterating an equal-weight rating. Deutsche Bank cuts target price from 2780p to 2640p staying with its buy recommendation. Exane takes target price from 2400p to 2200p and retains a neutral rating. HSBC Holdings reduces target price from 2900p to 2500p and downgrades to neutral.Catlin Group: Westhouse Securities takes target price from 530p to 590p upgrading to add.Darty: Citi shifts target price from 39p to 47p, but still recommends selling. Exane moves target price from 50p to 65p and maintains a neutral rating. Societe Generale takes target price from 51p to 68p, while downgrading to hold.Faroe Petroleum: Jefferies lowers target price from 210p to 200p, while keeping its buy recommendation.First Group: Morgan Stanley cuts target price from 195p to 176p, while upgrading to equal-weight.GlaxoSmithKline: Exane raises target price from 1400p to 1500p, but keeps its underperform rating.Great Portland Estates: Investec increases target price from 515p to 630p, while reiterating an add rating.Griffin Mining: Cantor Fitzgerald ups target price from 40p to 70p and upgrades to buy.Hikma Pharmaceuticals: Credit Suisse takes target price from 820p to 1050p, while its outperform rating is kept.Hiscox: Westhouse Securities shifts target price from 530p to 540p and keeps a neutral rating.Hogg Robinson Group: Investec lowers target price from 100p to 95p, while maintaining its buy recommendation. Canaccord Genuity shifts target price from 90p to 85p and retains a buy recommendation.Homeserve: Jefferies ups target price from 210p to 240p keeping a hold recommendation.HSBC Holdings: Bank of America ups target price from 755p to 785p and reiterates a neutral rating.Imagination Technologies Group: Berenberg reduces target price from 360p to 250p and leaves its sell recommendation unchanged.Informa: Westhouse Securities downgrades from add to neutral with a target price of 525p.Innovation Group: Investec moves target price from 30p to 33p maintaining a buy recommendation. Panmure Gordon shifts target price from 38p to 39p and keeps a buy recommendation.Invensys: Exane raises target price from 350p to 380p reiterating a neutral rating.Kazakhmys: UBS reduces target price from 465p to 385p and downgrades from buy to neutral.Magnolia Petroleum: Northland Capital initiates with a target price of 4.60p and a buy recommendation.Man Group: Citi moves target price from 110p to 130p and retains a neutral rating.Marks & Spencer: Nomura increases target price from 500p to 540p maintaining a buy recommendation. Citi ups target price from 440p to 470p and stays with its neutral rating. Deutsche Bank moves target price from 450p to 465p and leaves its hold recommendation unaltered. Exane raises target price from 310p to 390p keeping an underperform rating. Societe Generale ups target price from 472p to 581p and retains a buy recommendation. HSBC Holdings takes target price from 390p to 490p and maintains a neutral rating.MITIE: Jefferies cuts target price from 300p to 285p and maintains a hold recommendation.NetDimensions: Panmure Gordon ups target price from 118p to 124p reiterating its buy recommendation.Novae Group: Westhouse Securities raises target price from 450p to 500p and retains a neutral rating.Optimal Payments: Canaccord Genuity takes target price from 200p to 220p and retains a buy recommendation.Optos: N+1 Singer reduces target price from 150p to 135p, while upgrading to hold.Paragon Group: JP Morgan moves target price from 300p to 361p maintaining an overweight rating.Petropavlovsk: Westhouse Securities lowers target price from 285p to 275p keeping its buy recommendation.PZ Cussons: Panmure Gordon increases target price from 380p to 400p and retains a hold recommendation.RPS Group: Jefferies lowers target price from 285p to 275p, while leaving its buy recommendation unchanged.Shaftesbury: Investec takes target price from 550p to 690p and retains a hold recommendation.UK Mail Group: Investec raises target price from 465p to 600p and stays with its buy recommendation.Vectura: JP Morgan shifts target price from 133p to 148p and stays with its overweight rating.
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3 Jun 2024 14:27

UK shareholder meetings calendar - next 7 days

Tuesday 4 June 
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Deltic Energy PLCAGM
Eleco PLCAGM
International Public Partnerships LtdAGM
Thungela Resources LtdAGM
Wednesday 5 June 
Albion Technology & General VCT PLCAGM
Capital LtdAGM
Centrica PLCAGM
Churchill China PLCAGM
DigitalBox PLCAGM
Distribution Finance Capital Holdings PLCAGM
Gem Diamonds LtdAGM
Great Western Mining Corp PLCAGM
Gulf Marine Services PLCAGM
LungLife AI IncAGM
Nostrum Oil & Gas PLCAGM
Thursday 6 June 
Argo Blockchain PLCAGM
Camellia PLCAGM
Downing Renewables & Infrastructure Trust PLCAGM
EJF Investments LtdAGM
Fevertree Drinks PLCAGM
Inspecs Group PLCAGM
Invesco Perpetual UK Smaller Companies Investment Trust PLCAGM
Kavango Resources PLCAGM
Kore Potash PLCAGM
Kosmos Energy LtdAGM
Rogue Baron PLCAGM
S&U PLCAGM
S4 Capital PLCAGM
Tan Delta Systems PLCAGM
Friday 7 June 
Property Franchise Group PLCAGM
Trident Royalties PLCAGM
TruSpine Technologies PLCAGM
Monday 10 June 
Aterian PLCAGM
Griffin Mining LtdAGM
Lok'n Store Group PLCGM re takeover by Shurgard
Onward Opportunities LtdAGM
Oxford Nanopore Technologies PLCAGM
Pan African Resources PLCGM re capital reduction
  
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.

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16 May 2024 14:29

EARNINGS AND TRADING: Griffin Mining profit up; Secure Trust confident

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

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15 May 2024 12:19

Griffin Mining revenue, profits jump in 2023

(Sharecast News) - Griffin Mining reported a substantial increase in revenue in its final results for 2023 on Wednesday, to $146.02m, compared to $94.4m in 2022.

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1 May 2024 09:26

LONDON BROKER RATINGS: UBS double upgrades AJ Bell to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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24 Apr 2024 12:26

Griffin Mining subsidiary adds wind energy to Caijiaying Mine

(Sharecast News) - Griffin Mining announced a significant milestone in its sustainability strategy on Wednesday, as its subsidiary Hebei Hua Ao Mining Industry Company (HHA), inked an agreement with Zhangjiakou Guoao New Energy (ZGNE) to exclusively use energy generated from two 6.3MW wind turbines, collectively generating 12.6MW of wind power, at the Caijiaying Mine.

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24 Apr 2024 11:26

Griffin Mining inks deal for Caijaying to be powered by green energy

(Alliance News) - Griffin Mining Ltd on Wednesday said its operating subsidiary Hebei Hua Ao Mining Industry Co Ltd has entered into a deal with Zhangjiakou Guoao New Energy Co Ltd for the Caijaying mine to be 100% powered by green, renewable energy.

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12 Apr 2024 11:30

Griffin Mining begins buyback due to "undervalued" share price

(Alliance News) - Griffin Mining Ltd on Friday commenced a share buyback programme, spurned by what the company deemed an undervaluation of its share price.

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11 Apr 2024 14:22

Griffin Mining production takes hit from Lunar New Year holidays

(Alliance News) - Griffin Mining Ltd on Tuesday reported a drop in quarterly production, following disruption to operations from the Chinese Lunar New Year and Spring Festival holidays.

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11 Apr 2024 09:59

Griffin Mining confident despite first quarter production weakness

(Sharecast News) - Griffin Mining updated the market on production at the Caijiaying zinc-gold mine for the March quarter on Thursday, reporting that operations were affected by the Chinese Lunar New Year and Spring Festival holidays.

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27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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23 Feb 2024 12:48

Board member resigns from Griffin Mining's HHA subsidiary

(Sharecast News) - Griffin Mining announced the resignation of Shengchang Jin from his position as a director of Hebei Hua Ao Mining (HHA), an operating subsidiary owned 88.8% by the company, on Friday.

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17 Jan 2024 16:55

IN BRIEF: Griffin Mining reports jump in output across board in 2023

Griffin Mining Ltd - China-based mining company which owns the Caijaying Zinc Gold mine - Reports production figures for 2023. Ore mined up 77% to 1.5 million tonnes from 852,579 tonnes the year before, while ore processed jumps 82% to 1.5 million tonnes in 2023 from 831,549 in 2022. Zinc production rises 79% to 56,933 tonnes from 31,787, gold production jumps 68% to 17,052 ounces from 10,137 ounces, silver production climbs 40% to 314,667 ounces from 224,587 ounces and lead production advances 65% to 1,546 tonnes from 940 tonnes. Chair Mladen Ninkov describes figures as "spectacular". "From a company that has only ever raised net capital of under USD30 million and no debt in its 26-year history to now have a world class, modern, underground mine, producing over 1.5 million tonnes of ore per year is an extraordinary."

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17 Jan 2024 14:56

Griffin Mining reports 'spectacular' year at Caijiaying

(Sharecast News) - Griffin Mining released production results for the Caijiaying Zinc Gold Mine for the three months and year ended 31 December on Wednesday, reporting impressive achievements.

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8 Jan 2024 08:38

CORRECT (Jan 5): Griffin Mining buys back shares from joint broker

(Clarifies that Griffin Mining bought back shares.)

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5 Jan 2024 15:24

IN BRIEF: Griffin Mining issues shares to joint broker

Griffin Mining Ltd - China-based mining company which owns the Caijaying Zinc Gold mine - Enters into trades through its joint broker Joh. Berenberg, Gossler & Co KG to issue 8.9 million of its own shares, about 4.6%, at a price of 88 pence per share for GBP7.8 million. Griffin Mining Finance Director Roger Goodwin sells 1.4 million shares at 88p each as part of the transaction. After the sale, Goodwin holds a 0.8% stake of issued shares in the company, or 1.5 million shares.

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