Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGreatland Gold Share News (GGP)

Share Price Information for Greatland Gold (GGP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 7.80
Bid: 7.70
Ask: 7.90
Change: 0.60 (8.28%)
Spread: 0.20 (2.597%)
Open: 7.25
High: 7.85
Low: 7.25
Prev. Close: 7.25
GGP Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: PetroTal revenue surges; IOG cuts guidance

Thu, 25th Aug 2022 11:19

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

----------

AIM - WINNERS

----------

Angus Energy PLC, up 22% at 1.53p, 12-month range 0.56p-1.65p. The oil and gas development company says it has introduced and processed well head gas throughout the combined extraction and condensate processing facility at Saltfleetby gas field in Lincolnshire, England. Angus says it will make nominations for gas sales once it sees stable flow, uninterrupted by electronic trips, for an extended period of time - being not less than eight hours continuous flow. Angus believes this will occur before the end of August.

----------

PetroTal Corp, up 16% at 48.20 pence, 12-month range 0.14p-49.00p. The oil and gas firm's crude oil revenue jumps in the first half of 2022, boosted by high growth in oil prices. For the six months ended June 30, net income more than triples to USD148.8 million from USD42.2 million a year prior. Crude oil revenue surges to USD211.2 million from USD75.2 million. The firm - focused on oil assets in Peru - says it realised an average Brent price of USD101.54 per barrel, an increase of 58% from USD64.28 a year ago. Looking ahead, it is guiding a 2022 average production of 15,000 barrels of oil per day, up 67% from 8,966 in 2021.

----------

AIM - LOSERS

----------

IOG PLC, down 18% at 32.28p, 12-month range 20.59p-46.00p. The North Sea-focused gas and infrastructure operator increases profit in the first half to 2022 as energy prices rise, but lowers production guidance for the Southwark gas field. Pretax profit in the six months to June 30 surges to GBP11.4 million from GBP209,000 a year ago. IOG reduces its gross production guidance for the second half of 2022 to 30 million to 50 million standard cubic feet per day from 45 million to 60 million on June 20 to "account for a range of planned and unplanned downtime scenarios as well as potential variation in Southwark first gas timing," referring to its gas field in the North Sea.

----------

Greatland Gold PLC, down 8.7% at 8.49p, 12-month range 8.10p-23.00p. The gold miner says it has raised USD35 million via an "oversubscribed" placing of 362.9 million shares at 8.20p each. On Wednesday, the London-headquartered mine developer and explorer focused on Western Australia announced a placing to raise USD30 million. The issue price represents a 13% discount to the firm's closing price on Wednesday. Greatland on Wednesday, said it intends to use the proceeds to fund the continued development of Havieron in conjunction with joint venture partner, Newcrest Mining Ltd.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
8 Feb 2021 12:09

IN BRIEF: Shaun Day Starts New CEO Role At Greatland Gold

IN BRIEF: Shaun Day Starts New CEO Role At Greatland Gold

Read more
2 Feb 2021 06:25

IN BRIEF: Greatland Gold CEO Heddle Buys GBP112,000 In Shares

IN BRIEF: Greatland Gold CEO Heddle Buys GBP112,000 In Shares

Read more
1 Feb 2021 16:35

Director dealings: Outgoing Greatland Gold CEO ups stake

(Sharecast News) - Greatland Gold revealed on Monday that chief executive Gervaise Heddle had acquired 500,000 ordinary shares in the AIM-listed precious metals miner.

Read more
28 Jan 2021 19:32

TRADING UPDATES: One Media Debuts Motoring Channel; Dekel Plots Raise

TRADING UPDATES: One Media Debuts Motoring Channel; Dekel Plots Raise

Read more
21 Jan 2021 16:55

LONDON TRADING UPDATES: Luceco Expects To Report Record 2020 Profit

LONDON TRADING UPDATES: Luceco Expects To Report Record 2020 Profit

Read more
20 Jan 2021 17:40

LONDON TRADING UPDATES: Alliance Pharma 2020 Revenue Slips By 5%

LONDON TRADING UPDATES: Alliance Pharma 2020 Revenue Slips By 5%

Read more
13 Jan 2021 10:32

Greatland Gold Sees Newcrest Approve Early Works Funding At Havieron

Greatland Gold Sees Newcrest Approve Early Works Funding At Havieron

Read more
12 Jan 2021 21:50

Newcrest Approves AUD146 Million Funding For Havieron Project

Newcrest Approves AUD146 Million Funding For Havieron Project

Read more
29 Dec 2020 17:06

IN BRIEF: Greatland Gold Inks Regulatory Green Light At Havieron

IN BRIEF: Greatland Gold Inks Regulatory Green Light At Havieron

Read more
15 Dec 2020 15:11

UK EXECUTIVE CHANGE SUMMARY: CLS Holdings Founder Sten Mortstedt Dies

UK EXECUTIVE CHANGE SUMMARY: CLS Holdings Founder Sten Mortstedt Dies

Read more
15 Dec 2020 13:40

Tuesday broker round-up

(Sharecast News) - Calisen: Credit Suisse downgrades to neutral with a target price of 261p.

Read more
15 Dec 2020 09:48

Greatland Gold names Shaun Day as CEO

(Sharecast News) - Metals exploration and development company Greatland Gold named Shaun Day as its next chief executive officer on Tuesday.

Read more
15 Dec 2020 09:37

UK BROKER RATINGS SUMMARY: JPMorgan Downgrades Berkeley, Raises Redrow

UK BROKER RATINGS SUMMARY: JPMorgan Downgrades Berkeley, Raises Redrow

Read more
10 Dec 2020 18:22

IN BRIEF: Greatland Gold Hails "Milestone" Newcrest Resource Estimate

IN BRIEF: Greatland Gold Hails "Milestone" Newcrest Resource Estimate

Read more
1 Dec 2020 16:06

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

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.