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Pin to quick picksGoldstone Resources Share News (GRL)

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Share Price Information for Goldstone Resources (GRL)

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Share Price: 2.15
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EARNINGS UPDATES: Carclo posts lower profit, SEEEN narrows loss

Thu, 30th Jun 2022 14:06

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

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Carclo PLC - West Yorkshire-based engineering for medical, optical and aerospace industries - Posts lower profit in financial year ended March 31. Pretax profit falls to GBP5.9 million from GBP6.7 million a year ago. Revenue, however, grows to GBP128.6 million from GBP107.6 million. Cites cost inflation and logistics delays. Says firm counters inflation by passing on price increases.

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Goldstone Resources Ltd - Jersey, UK-based gold development company with projects in West Africa - Pretax loss widens to USD1.5 million in 2021 from USD610,095 in 2020. Says gold production in 2022 has been impacted by diesel availability. Lowers expectation to stack 450,000 tonnes of ore by the end of the year, down from 550,000 it expected in March. Firm reported losing USD350,000 worth of gold in a robbery. Goldstone earlier in June said trading of its shares was suspended following an armed robbery at its Homase site. Around USD350,000 worth of gold was stolen, but the company said that the loss is not expected to have a material impact on the financial performance.

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Harvest Minerals Ltd - London-based fertiliser producer - Posts higher loss in 2021 as sales of its direct application fertiliser surge. Pretax and net loss widen to USD4.2 million from USD3.3 million in 2020. Revenue from fertiliser sales grow to USD4.9 million from USD2.0 million. Impairment exploration expense widens to USD3.3 million from USD956,918. Fertiliser sales surge to 47,339 tonnes the second quarter of 2022, from 17,854 tonnes in the same period a year ago. First-half sales jump to 117,539 tonnes from 26,726 tonnes. "The first half of 2022 has seen the growth of our organic fertiliser business accelerate at an astounding rate, marking one of our most successful periods since operations began," says Chair Brian McMaster. Company sees "continued strong activity of the agricultural sector in Brazil".

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Sealand Capital Galaxy Ltd - Cayman Islands-based Asia-focused digital investor that offers financial and strategic support to entrepreneurs - Pretax loss in 2021 widens to GBP1.0 million from GBP524,973 in 2020. Revenue falls to GBP177,667 from GBP692,410. Administrative expenses increase to GBP1.0 million from GBP786,292. Says Covid continues to have "serious impact on various economies that the group operates".

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SEEEN PLC - London-based social media services firm - Pretax loss narrows in 2021 to USD3.5 million from USD4.0 million in 2020. Revenue shrinks to USD8.5 million from USD10.1 million. Notes impact of the effect of rapidly changing inflation and interest rates on corporate spending on technology. Says entered 2022 positively. "We remain well positioned despite current market volatility as the world continues to increase its dependence on video for information and decision-making," the company says.

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Sivota PLC - London-based investment vehicle focused on later-stage technology companies - Posts maiden pretax loss of GBP365,285 for the period from September 22, 2020 to December 31, 2021. Company's "strategy is to continue to seek investment opportunities predominantly in the Israeli technology sector while supporting and advising Apester and the execution of its growth strategy, is a key focus," says Chief Executive Officer Chief Executive Officer. Apester is an online platform that provides storytelling tools.

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By Tom Budszus; tombudszus@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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18 Feb 2014 08:16

Goldstone Resources Slides As It Gets Disappointing Results From Sangola

LONDON (Alliance News) - Goldstone Resources Ltd saw its shares slide Tuesday after it said test results from drilling on the Baraboye and Ibel prospects at its Sangola joint venture project in Senegal had not returned gold intercepts that justify an immediate follow-up programme.# In a sta

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29 Nov 2013 07:57

AIM IN BRIEF: Mattioli Woods Half-Year Revenue Up 20%; Eyes Acquisitions

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20 Nov 2013 11:39

Goldstone Resources Loss Narrows On Lower Costs; Needs More Funding

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20 Nov 2013 10:33

Goldstone Resources needs more funds for Gabon

West and Central Africa-focused gold miner Goldstone Resources said it will need more funding for its Gabon projects despite reducing half year losses, hitting its shares. Goldstone reported encouraging drilling results at its Oyem and Ngoutou licences in Gabon, which it said both have potential fo

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20 Nov 2013 07:52

AIM IN BRIEF: Rangers FC Appoints Graham Wallace As CEO

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7 Nov 2013 12:14

UK WINNERS & LOSERS: Halfords Goes The Extra Mile, Inmarsat Slips

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7 Nov 2013 11:17

Goldstone Resources Shares Fall 13% On Negative Assay Results From Randgold

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23 Sep 2013 13:49

Goldstone Resources places 33.33m shares

GoldStone, an AIM-listed exploration company focused on gold in West Africa, has carried out a share placing to raise funds that will allow it to further investigate the Manso Amenfi project. The placing has raised £0.5m before expenses after placing 33.33m shares at 1.5p each. GoldStone has a j

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23 Sep 2013 11:23

Goldstone Resource Raises GBP500,000 In Share Placing

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30 Aug 2013 11:08

GoldStone Resources looks to save cash after losses widen

AIM-listed GoldStone Resources will concentrate on conserving its cash in coming months after full year losses widened. The group tapped the market for £359,477 in July and members of the management team have since March agreed to defer 50% of their pay to save money. Given the financial constrain

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30 Aug 2013 09:27

Friday broker round-up UPDATE

Antofagasta: Morgan Stanley cuts target price from 830p to 810p and maintains an underweight rating. ARM Holdings: Deutsche Bank raises target price from 470p to 1080p upgrading to buy. Aviva: Barcalys increases target price from 294.50p to 320p, while its underweight rating remains unaltered. Bw

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8 Apr 2013 12:03

GoldStone Resources and Randgold Resources join forces

GoldStone Resources has joined forces with Randgold Resources for the exploration of the Sangola gold project in Senegal. As part of the joint venture agreement, Randgold will hold 51% of the project and GoldStone will own 49%. Randgold will fund all costs up to and including the completion of a

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18 Dec 2012 08:00

Goldstone Resources strikes gold in first round of drilling in Gabon

GoldStone Resources, the AIM-listed company focused on gold exploration in West and Central Africa, has published the first drill results for its Oyem Project in Gabon. The company revealed that gold had been identified in first round of drilling and initial interpretation suggested that the first

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22 Nov 2012 15:27

Resource round-up: Weatherly Int, Mercom, Goldstone Resources, Continental Coal

Aim-listed copper mining producer Weatherly International said it is to reopen the Old Matchless mine in Namibia, allowing the company to double production in the area. Production at the mine, which closed in 1983 and sits around 2km east of current mining operations, is expected to start within 13

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22 Nov 2012 07:19

Thursday broker round-up UPDATE

Alternative Networks: Westhouse Securities downgrades from buy to add, target price of 280p kept. Babcock International: UBS downgrades from buy to neutral. Barr (AG): N+1 Singer raises target price from 402p to 525p and upgrades to buy. Belvoir Lettings: Seymour Pierce raises target price from 9

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