Roundtable Discussion; The Future of Mineral Sands. Watch the video 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

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

Thu, 13th May 2021 14:55

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

----------

Helium One Global Ltd - Tanzania-focused helium miner - Inks environmental impact assessment certificate for planned drilling at Rukwa project, Tanzania. Helium One now has "all necessary permits in place to commence exploration drilling in early June". AIM-listed production and development-focused investment firm Scirocco Energy PLC notes Helium One announcement.

----------

Atalaya Mining PLC - Cyprus-based copper producer - First quarter revenue rises 59% to EUR97.4 million from EUR61.2 million a year earlier. Earnings before interest, tax, depreciation and amortisation surge to EUR47.4 million from EUR9.3 million.

----------

Uru Metals Ltd - exploration and development firm - Notes recent share price movement, stock rose 21% on Wednesday, but says it has no explanation for surge. Stock falls 18% on Thursday.

----------

Checkit PLC - Cambridge-based workflow management software provider - Says total revenue rises 15% to GBP4.3 million in three months to April 30, from GBP3.7 million a year earlier. Checkit Connect and Checkit Connect US both post revenue growth. "The board remains confident in the outlook for the business," company adds.

----------

Empresaria Group PLC - Crawley, West Sussex-based specialist staffing - Hails "strong start" to 2021 and expects first half and full year adjusted pretax profit to top 2021. Adjusted pretax profit in 2020 came in at GBP5.2 million and GBP2.4 million in first half alone. "While there remain some ongoing challenges and risks from Covid-19, visibility of the remainder of the year is improving," company adds.

----------

TT Electronics PLC - Woking, England-based electronic resistor manufacturing company - Says in four months ended April, revenue rises 7% annually on organic basis, building on promising first two months of financial year. "As the market recovers, we have seen strong growth across healthcare, automation and electrification markets as demand for products that enable a cleaner, smarter and healthier environment continues," company says. Expects adjusted operating profit at top end of GBP33.6 million to GBP35.4 million range. Notes that just shy of 23% of shareholders vote against remuneration report at annual general meeting. Motion passes, however. "Following the AGM, the remuneration committee will continue to engage with our major shareholders to fully understand their concerns," company adds.

----------

Impact Healthcare REIT PLC - real estate investment trust focused on healthcare properties - Says net asset value per share rises 0.8% quarter-on-quarter to 110.48 pence per share from 109.58p. Declares 1.6025p first quarter payout, in line with annual 6.41p target, up 1.9% from 2020's 6.29p. Property portfolio value up 2.0% quarter-on-quarter to GBP427.0 million and collected 100% of rent.

----------

Guild Esports PLC - e-sports business headquartered in London - Launches second apparel range, six months after debut line. "Since then, the Guild brand's worldwide recognition has grown strongly, in part driven by victories in major Fortnite and Rocket League tournaments as well as a surge in Guild's owned audience of followers on social media from approximately 10,000 to 450,000, including a network audience of over 13 million across Guild's pro players and content creators," company says. "Prices for the new collection will range from GBP8 to GBP55 at retail."

----------

Gaming Realms PLC - London-based mobile games developer - Extends Slingo gaming agreement with Scientific Games. Signs four-year licensing deal with the gaming firm. "This marks an extension to the Company's existing agreement with Scientific Games, in which Scientific Games has been provided exclusive rights to create and produce SLINGO-branded lottery instant scratch games, terminal generated and draw-based games," Gaming Realms says.

----------

OnTheMarket PLC - property listing portal based in Aldershot, Hampshire - Signs commercial pact with property data firm Sprift Technologies Ltd. Deal means OnTheMarket can provide agents with "free market appraisal guides". "Providing enhanced data and market intelligence for agents is a priority for OnTheMarket and we're very pleased to partner with Sprift to offer our agents 'best in class', free and easily generated data-rich Market Appraisal Guides. Working with the Sprift team closely over the past few months, we've been consistently impressed by their approach and ambition," Chief Executive Officer Jason Tebb says.

----------

Canadian General Investments Ltd - closed-end equity fund - Enters into a prime brokerage services agreement with a Canadian chartered bank. Margin borrowing of USD100 million under this new facility has been used to extinguish the USD100 million borrowed under a one-year secured non-revolving term credit facility that was scheduled to mature on Wednesday. Proceeds will continue to be used on an ongoing basis as part of Canadian General Investments's overall leverage strategy.

----------

Best of the Best PLC - car and lifestyle competition company - Confirms that revenue and pretax profit delivered in the year to April 30 are expected to be in line with market expectations.

----------

Caledonia Mining Corp PLC - Saint Helier, Jersey-based mining company - Reports gross revenue of USD25.7 million for the three months to the end of March compared to USD23.6 million a year ago. Higher revenue reflects a higher realised gold price offset by lower sales due to lower production, which totalled 13,197 ounces of gold in the quarter, down from 14,233 ounces a year ago. Caledonia says output hurt by underground flooding and lower grades. Dividend paid in the quarter of 11 cents per share, a 47% increase year-on-year.

----------

Luceco PLC - LED lighting products supplier - Says strong trading momentum has continued in 2021, with robust demand in all major sales channels. Luceco now expects revenue of GBP105 million and adjusted operating profit of GBP18 million for the first half of 2021. A year ago, the company reported revenue of GBP71.6 million for the half year and adjusted operating profit of GBP9.0 million. "New business wins, superior channel access and the agility of our vertically integrated manufacturing model have allowed us to gain share in an improving market," says Chief Executive John Hornby.

----------

Eurocell PLC - Alfreton, England-based UPVC products provider - Says, following the good start it made in the first two months of the year, trading continued to improve through March and April. Group like-for-like sales for the four months to April 30 were up 20% compared to 2019 and up 26% compared to 2020. As a result, Eurocell now expects pretax profit for 2021 to be ahead of current market expectations.

----------

DX Group PLC - Slough, England-based mail, courier and logistics company - Says trading performance since March has been stronger than expected. Thus, DX says it will significantly exceed existing market expectations for adjusted pretax profit in the current financial year, with an associated improvement in operating cash flows. While trading at DX Express has been in line with management expectations, revenue growth at DX Freight is now expected to be around GBP10 million higher than previously anticipated. This has been driven by significantly increased volumes, both from existing customers and through new customer wins. The company also proposes to accelerate its plans to expand DX's delivery network by targeting the opening of 12 new depots over the next two years.

----------

Goldstone Resources Ltd - Jersey-based resource development company - Says mining and ore stacking at the Homase mine within its Akrokeri-Homase gold project in Ghana has commenced with the first mined ore having been successfully stacked onto the heap leach pad. The first two cells of the heap leach pad have been commissioned, enabling stacking to commence at a rate of 100 tonnes per hour, which is currently ramping up to a target of 200 tonnes per hour. Goldstone says 80,000 tonnes of ore have been stockpiled, equating to around one month of mine production at full 3,000 tonne per day heap leach capacity. Piping is expected to be completed within the next two weeks followed by irrigation.

----------

Alumasc Group PLC - Kettering, England-based supplier of building and engineering products - Says momentum has continued following a record first half year performance that saw double digit revenue growth and also a double digit return on sales. All of Alumasc businesses have been successful in winning market share and have been further supported by encouraging export sales. "Together with the benefit of the structural efficiency improvements made by the Group in recent years and the continuing progress on the Levolux turnaround plan, the group is well positioned to benefit from the significant opportunities within our markets, both short and longer term," says Chief Executive Paul Hooper.

----------

Kazera Global PLC - investment company focused on opportunities in the resources and energy sectors - Says proposed investment of EUR9.1 million at 2.7p per share appears to remain on track. This investment in Kazera represents part of a package of broader investments in Namibia being made by the prospective investor. The expectation was that the funds would be received imminently following the completion of the banking due diligence.

----------

Conduit Holdings Ltd - Bermuda-based insurance company - Reports strong first three months of 2021 trading with strong broker and client support. Estimated ultimate premiums written of USD199.1 million versus USD160.0 million announced in January 14 trading statement. "The market continues to develop very much in line with our expectations and we remain confident that we will deliver on our plan," the company says in its statement Thursday.

----------

Angus Energy PLC - oil & gas development company focused on UK - Says the loan facility has now been signed between Angus and Saltfleetby Energy Ltd, as borrower and guarantor respectively, and Mercuria Energy Trading Ltd and Aleph Saltfleetby Ltd, as the co-lenders. This facility will provide funds for continued progress on the detailed engineering design for the rehabilitation of Saltfleetby in England to drill the third production well before reconnecting the two existing gas wells. Concurrently, Angus Energy says it is progressing its potential geothermal projects in the South West, while evaluating other acquisitions and renewable opportunities with its new funding partners and investors.

----------

Argo Blockchain PLC - cryptocurrency mining company - Completes the acquisition of the two data centres in Quebec, Canada. The acquisition is part of the company's strategy to increase control over the mining facilities in which its machines are hosted, with a view to providing the company with long term stability. The data centres have a combined total of 20 megawatts of power capacity and currently house a significant proportion of Argo's cryptocurrency mining equipment. No financial details were disclosed by Argo said the consideration for the acquisition was mainly non-cash consisting of the assumption of existing bank obligations related to these facilities and the application of a previously paid deposit.

----------

Caspian Sunrise PLC - Central Asian oil & gas exploration and production company - Issues 3.0 million shares at a price of 2.35p per share in satisfaction of an existing debt. Following the admission, the company will have 2.09 billion shares overall.

----------

Valeura Energy Inc - Calgary, Canada-based upstream oil & gas company - Reports petroleum and natural gas revenue of USD2.0 million for the three months to the end of March, down from USD2.8 million a year ago. Net loss form operations in the quarter widens to USD1.1 million from USD192,000. This is after production of crude oil & natural gas falls to 684 barrels of oil equivalent per day from 716 barrels of oil equivalent per day in the first quarter of 2020.

----------

Nanoco Group PLC - Manchester, England-based heavy-metal-free quantum dots manufacturer - Signs agreement for a development project with an European electronics customer. The project began in May 2020 and was the first piece of work to be performed under the long-term quantum dot material supply agreement. The project extension moves the phase 1 development work to the next stage. Nanoco says it will continue working on a range of materials for a number of potential applications. The extension increases expectation for revenue in 2021 by 40% with the balance of the project revenue to be earned in the first quarter of 2022.

----------

SEEEN PLC - social media and technology platform provider - Launches a new product, Dialog-To-Clip, for sale to video creators on Adobe's app store. In order to further focus the company on sales, it has made a strategic advisory appointment of William Jennings as a senior business development executive to accelerate its Go-To-Market plan.

----------

By Eric Cunha; ericcunha@alliancenews.com and Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
22 Apr 2024 14:45

UK shareholder meetings calendar - next 7 days

Tuesday 23 April 
AIQ LtdAGM
NatWest Group PLCAGM
Taylor Wimpey PLCAGM
Wednesday 24 April 
abrdn PLCAGM
abrdn Equity Income Trust PLCAGM
AssetCo PLCAGM
Breedon Group PLCAGM
British American Tobacco PLCAGM
Bunzl PLCAGM
Coro Energy PLCAGM
Croda International PLCAGM
Entain PLCAGM
Greencoat UK Wind PLCAGM
Primary Health Properties PLCAGM
Serco Group PLCAGM
Synectics PLCAGM
Thursday 25 April 
AFC Energy PLCAGM
Admiral Group PLCAGM
Beazley PLCAGM
BP PLCAGM
CLS Holdings PLCAGM
CRH PLCAGM
Dalata Hotel Group PLCAGM
Develop North PLCAGM
Drax Group PLCAGM
Everest Global PLCAGM
Greencoat Renewables PLCAGM
Hammerson PLCAGM
Helios Towers PLCAGM
Hikma Pharmaceuticals PLCAGM
International Biotechnology Trust PLCAGM
London Stock Exchange Group PLCAGM
Manx Financial Group PLCAGM
Mattioli Woods PLCGM re Pollen Street Capital Ltd takeover
Persimmon PLCAGM
Premier Miton Global Renewables Trust PLCAGM
Relx PLCAGM
Schroders PLCAGM
Smithson Investment Trust PLCAGM
Tissue Regenix Group PLCAGM
Weir Group PLCAGM
Friday 26 April 
Bellevue Healthcare Trust PLC AGM
Kingspan Group PLCAGM
Me Group International PLCAGM
Pearson PLCAGM
Senior PLCAGM
Smurfit Kappa Group PLCAGM
Monday 29 April 
Goldstone Resources LtdAGM
Hydrogen Future Industries PLCAGM
JPMorgan Claverhouse Investment Trust PLCAGM
KR1 PLCEGM re buying up to 15% of shares in issue
Ocado Group PLCAGM
Secured Property Developments PLCGM re name change to Mollyroe PLC
Symphony International Holdings LtdAGM
  
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
10 Apr 2024 19:30

IN BRIEF: Goldstone Resources publishes delayed accounts for 2022

Goldstone Resources Ltd - Ghana-focused gold producer and explorer - Publishes accounts for full-year 2022 and the first half of 2023 after a protracted delay. In 2022, pretax loss narrows to USD674,413 from USD1.5 million in 2021, while revenue rises to USD8.9 million from nothing. In the first half of 2023, pretax loss widens to USD3.7 million from USD648,167, while revenue falls to USD245,425 from USD5.3 million. Chief Executive Officer Emma Priestley says: "It is with cautious optimism that I look forward to 2024. 2023 was a difficult period of hard-won lessons, but these lessons will be valuable as we go into [the second half of] 2024."

Read more
10 Apr 2024 15:22

Goldstone Resources raises GBP1.8 million in share subscription

(Alliance News) - Goldstone Resources Ltd on Wednesday said that it has raised GBP1.8 million before expenses via a subscription of 182.0 million new shares at 1 pence each.

Read more
2 Apr 2024 19:02

TRADING UPDATES: Roadside shares suspended; Adnams looks for funds

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

Read more
1 Mar 2024 18:29

TRADING UPDATES: Alpha Real Trust says in "robust" financial shape

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

Read more
3 Jan 2024 11:39

Goldstone Resources granted loan payment standstill by Asian creditor

(Alliance News) - Goldstone Resource Ltd on Wednesday said it had arranged a standstill agreement with Asia Investment Management Services Ltd regarding the pair's 2020 gold loan agreement.

Read more
16 Nov 2023 17:53

EARNINGS AND TRADING: Integrated Diagnostics returns to profit

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

Read more
13 Nov 2023 21:58

TRADING UPDATES: 88 Energy signs farm-in deal with Monitor Exploration

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

Read more
31 Oct 2023 16:47

TRADING UPDATES: GreenRoc bullish on asset; Esken eyes Renewables sale

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

Read more
2 Oct 2023 14:32

EARNINGS AND TRADING: Alternative Income REIT raises dividend

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

Read more
19 Sep 2023 17:30

TRADING UPDATES: AEW UK REIT appoints new chair; Oberon raises money

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

Read more
27 Jun 2023 20:08

TRADING UPDATES: Creo Medical sees growing demand for products

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

Read more
31 May 2023 21:08

IN BRIEF: Goldstone Resources "on sound footing" going forward

Goldstone Resources Ltd - Ghana-focused gold producer and explorer - Updates on its mining and production activities at the Homase gold mine in south-western Ghana. Says front-end loaders, tractor and excavators have been delivered to the site with the aim of optimising production. Company invests around USD1.5 million into new and second-hand plant, equipment and components for the second dry plant. Mining production levels forecast for 60,000 tonnes per month of ore.

Read more
5 Apr 2023 11:13

Goldstone shares rise on mineralisation extension at Akrokeri mine

(Alliance News) - Goldstone Resources Ltd on Wednesday said that results from diamond drilling at Akrokeri have affirmed its belief that mineralisation occupies a significant structural corridor, extending to both the south and north of the mine.

Read more
27 Jan 2023 10:42

IN BRIEF: Goldstone issues GBP2.4 million convertible loan notes

IN BRIEF: Goldstone Resources Ltd - West Africa-focused gold development company - Issues GBP2.4 million of convertible loan notes to gold-mines operator Blue Gold International Ltd, which are due for redemption on November 30, 2024. The notes may be converted at any time prior to redemption into new Goldstone shares at a conversion price of 3.25 pence per share. BGL also receives warrants to subscribe for up to 60.0 million Goldstone shares at a price of 4.00p per share, at any time until January 26, 2025.

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.