The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGoldstone Resources Share News (GRL)

  • This share is currently suspended. It was suspended at a price of 2.15

Share Price Information for Goldstone Resources (GRL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2.15
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.00 (0.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 2.15
GRL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS UPDATES: Ross Group, Goldstone, Caerus interim loss widens

Fri, 30th Sep 2022 21:57

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

----------

Henderson Eurotrust PLC - focused on European, excluding the UK, investments - Net asset value per share ends July 31 at 142.1 pence, sinking from 167.4p at the same point a year prior. Declares 3.8p dividend, rising from 2.5p a year before. NAV total return in year negative 13.9% versus benchmark returning negative 7.0%. It explains: "The backdrop has been of recovery from Covid, war in Ukraine and a resurgence of global inflation, and in a time of disruptive change companies with recovery prospects and low valuations have tended to outperform the types of company we own, especially in the early part of the year."

----------

Vertu Capital Ltd - Malaysia-based investment firm - In six months to June 30, operating loss before tax narrows to GBP61,478 from GBP86,099 the year prior. Operating expenses rises by same amount. Continues to progress proposed reverse takeover of Vox Capital, which owns a mobile marketing agency, Mobio Global.

----------

Genflow Biosciences PLC - London-based biotechnology company - In first six months of 2022, pretax loss widens to GBP773,794 from GBP374,062 in the same period a year prior. Administrative expenses rises to GBP696,402 from GBP372,291. Chair Yassine Bendiabdallah says: "The strategic collaborations combined with the deep expertise of Genflow's management team and the company's strong cash position, enables us to look to the future with confidence." Listed in London at start of 2022.

----------

Ross Group PLC - London-based supply chain management and distribution company - In six months to June 30, pretax loss widens to GBP686,000 from GBP85,000 the year prior. Does not generate revenue in either period. It says: "Whilst there has been no revenue during this particular period from any outside third party contracts, it is now the group's intention to significantly revert and re-implement resources that will enable the Group to grow its global supply chain services and produce a more substantial revenue stream in the future."

----------

RA International Group PLC - Africa and Middle East-focused construction and support services provider - In six months to June 30, pretax loss narrows significantly to USD3.4 million from USD33.0 million as revenue grows to USD29.2 million from USD28.4 million. Narrowed loss stems from non-repeat of USD31.0 million impairment from selling assets and inventory at Palma project in Mozambique.

----------

Pathfinder Minerals PLC - Mozambique-focused natural resources explorer - In six months to June 30, pretax loss narrows to GBP185,000 from GBP298,000 loss the year prior. Administrative expenses drops to GBP185,000 from GBP298,000. Does not generate revenue in either period. Chair Dennis Edmonds says: "We will work closely with Acumen Advisory over the remainder of the year on due diligence and their potential entering into binding definitive documentation. We also look forward to progressing other opportunities under review for our Pathfinder Battery Commodities subsidiary."

----------

Goldstone Resources Ltd - Jersey, UK-based gold development company with projects in West Africa - In six months to June 30, pretax loss widens to USD648,167 from USD548,628 a year prior. Operating loss narrows to USD287,370 from USD548,628 as it generates revenue of USD5.3 million. Does not generate revenue in prior-year period. Administrative expenses grows to USD2.4 million from USD548,628. Chief Executive Emma Priestley says: "It is with cautious optimism that I look forward to the remaining months of 2022 and into 2023, as we continue to make stead progress towards achieving our production goals."

Separately, extends maturity of the gold loan with Asia Investment Management Service to September 2023.

----------

Great Western Mining Corp PLC - Nevada-focused gold, silver and copper project developer - In six months to June 30, pretax loss broadly flat year on year at EUR448,652 versus EUR427,590 the year prior. Administrative expenses rises to EUR448,860 from EUR427,703. Does not generate revenue in either period. Chair Brian Hall "very pleased" with progress in period. "We set out our stall with an ambitious drilling programme, completed on time and on budget, with positive results received to date," he adds.

----------

Premier African Minerals Ltd - Africa-focused minerals and metals project developer - Sinks to pretax loss in six months to June 30 of USD4.9 million versus USD3.9 million profit the year prior. Does not generate revenue in either period. Administrative expenses rises to USD4.9 million from USD742,000. Notes, during period, it begins construction activities at Zulu.

----------

Caerus Mineral Resources PLC - copper miner in Cyprus - In six months to June 30, operating loss before tax widens to GBP1.4 million from GBP415,553 loss in the year prior. Administrative expenses rises to GBP724,268 from GBP414,543. Books GBP667,075 net impairment on licence disposal in period. Does not generate revenue in either period. Chief Executive Charlie Long says: "Notwithstanding the serious issues we discovered since arriving towards the end of the period, operationally the first half of 2022 has seen good progress at the main project Troulli, a brown field copper-gold deposit in the southeast of Cyprus."

----------

Landore Resources Ltd - BAM gold project at Junior Lake in Ontario, Canada - Operating loss before tax in six months to June 30 narrows to GBP794,385 from GBP2.4 million loss a year prior. Exploration costs sinks to GBP398,341 from GBP1.6 million, but administrative expenses grows to GBP818,316 from GBP794,818. Does not generate revenue in either period. Currently performing strategic review on its Canadian assets. Says: "Phase one of the Strategic Review will be completed at the end of Q3 2022, at which time the board will consider its corporate direction to the benefit of shareholders."

----------

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
1 Jun 2021 17:43

TRADING UPDATES: Breedon buys Micromix; Marlowe acquires Alarm

TRADING UPDATES: Breedon buys Micromix; Marlowe acquires Alarm

Read more
13 May 2021 14:55

TRADING UPDATES: Helium One in Rukwa backing; Atalaya earnings jump

TRADING UPDATES: Helium One in Rukwa backing; Atalaya earnings jump

Read more
13 May 2021 10:29

AIM WINNERS & LOSERS: PHSC plans share buyback as earnings rise

AIM WINNERS & LOSERS: PHSC plans share buyback as earnings rise

Read more
15 Apr 2021 11:21

Goldstone Resources ramping up mining, production at Ghana project

Goldstone Resources ramping up mining, production at Ghana project

Read more
15 Apr 2021 10:47

GoldStone Resources delays planned gold pour

(Sharecast News) - West Africa-focussed gold exploration and development company GoldStone Resources announced a delay to its planned gold pour on Thursday.

Read more
17 Mar 2021 14:44

TRADING UPDATES: Novacyt expands VersaLab with rapid Covid tests

TRADING UPDATES: Novacyt expands VersaLab with rapid Covid tests

Read more
1 Mar 2021 20:11

TRADING UPDATES: Invesco Enhanced and City Merchants plot merger

TRADING UPDATES: Invesco Enhanced and City Merchants plot merger

Read more
19 Feb 2021 15:38

GoldStone gets last two permits needed for Homase South

(Sharecast News) - GoldStone Resources announced on Friday that both the mining operating permit and the water use permit for the Homase South pit at the Akrokeri-Homease Gold Project had now been awarded.

Read more
19 Feb 2021 11:27

IN BRIEF: Goldstone Says All Permits For Homase South Pit Granted

IN BRIEF: Goldstone Says All Permits For Homase South Pit Granted

Read more
12 Feb 2021 14:52

GoldStone granted environmental permit for Homase South

(Sharecast News) - Gold exploration and development company GoldStone Resources announced on Friday that the Ghanaian Environmental Protection Agency has granted the environmental permit for its Homase South Pit within the AKHM project.

Read more
12 Feb 2021 09:05

Goldstone Hails "Major Achievement" As Environmental Permit Granted

Goldstone Hails "Major Achievement" As Environmental Permit Granted

Read more
18 Jan 2021 17:23

IN BRIEF: Goldstone Resources Reaches Settlement With Former Director

IN BRIEF: Goldstone Resources Reaches Settlement With Former Director

Read more
18 Dec 2020 22:17

UK TRADING UPDATE SUMMARY: Yamana Completes Agua Rica Project

UK TRADING UPDATE SUMMARY: Yamana Completes Agua Rica Project

Read more
3 Dec 2020 15:46

IN BRIEF: Goldstone Bags Extension At Akrokeri-Homase Project

IN BRIEF: Goldstone Bags Extension At Akrokeri-Homase Project

Read more
3 Dec 2020 13:47

GoldStone reports regulatory progress in Ghana

(Sharecast News) - Gold exploration and development company GoldStone Resources announced on Thursday that the Ghanaian Ministry of Lands and Natural Resources (MLNR) has approved the recommendation for the grant of the expanded mining lease for the Akrokeri-Homase Gold Project (AKHM).

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.