The next focusIR Investor Webinar takes places on 14th May with guest speakers from 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 picksHarvest Mi (di) Share News (HMI)

Share Price Information for Harvest Mi (di) (HMI)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2.10
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.20 (10.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 2.10
HMI 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: Harvest Minerals slashes annual sales forecast

Fri, 30th Jun 2023 10:48

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

----------

AIM - WINNERS

----------

Renalytix PLC, up 60% at 122 pence, 12-month range 44p-155p. The London-based kidney health-focused diagnostics company says the US Food & Drug Administration has granted marketing authorisation for its KidneyIntelX.dkd prognostic testing platform. The FDA's approval will lead to increasing test adoption, insurance coverage, and additional international regulatory approvals, it says. KidneyIntelX.dkd platform is used for type two diabetes and kidney disease care management. Chief Executive James McCullough said: "Meeting the rigorous safety, clinical and analytical validation, and scientific data requirements of an FDA review, from breakthrough device designation to de novo marketing authorisation, is a landmark event for health care providers and patients with diabetic kidney disease."

----------

AIM - LOSERS

----------

Trackwise Designs PLC, down 50% at 0.20p, 12-month range 0.13p-0.49p. The manufacturer of products using printed circuit technology warns that production delays caused by an electric vehicle original equipment manufacturer have yet to be resolved. Consequently, the planned increase in working capital following the start of production has been delayed. The firm has a cash runway to last "at least into July". Will review funding options after it finds out whether it has been nominated as a new supplier by a potential new customer. Additionally, updates on its 2022 results, expecting to report pretax loss of GBP7.7 million, widening year-on-year from GBP2.0 million. Revenue is expected to fall to GBP7.5 million from GBP8.0 million. The audit of the results has been delayed, which will result in a suspension of firm's shares from Monday until the results can be published.

----------

Harvest Minerals Ltd, down 30% at 3.3p, 12-month range 2.75p-14.96p. The fertiliser producer with operations in Brazil says 2023 is shaping up to be a "somewhat complex year", as sales of its KP Fertil product are hit by farmers reducing purchases in anticipation of future price drops. In the first half, says new sales orders invoice and delivered total 27,000 tonnes, compared to its budget of 60,000 tonnes. Revises 2023 invoiced sales target to 120,000 tonnes from 200,000 tonnes previously. Additionally, posts 2022 annual results, swinging to pretax profit of USD472,580 from USD4.2 million loss, as revenue from fertiliser sales rises to USD8.6 million from USD4.9 million.

----------

By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
22 Jul 2019 12:02

Harvest Minerals Making Progress On Permitting At Arapua Project

(Alliance News) - Harvest Minerals Ltd said on Monday authorities in Brazil have approved the company's plans for the Arapua fertiliser project in Minas Gerais state.The plan was in and

Read more
3 Jun 2019 16:59

Harvest Minerals Pleased With Sales Heading Into Key Buy Period

LONDON (Alliance News) - Natural fertiliser producer Harvest Minerals Ltd on Monday said it is "pleased" with the way its sales have been going in 2019.The company, issuing with -

Read more
29 Mar 2019 13:01

Harvest Minerals Interim Loss Widens Sharply But Sees Annual Breakeven

LONDON (Alliance News) - Harvest Minerals Ltd on Friday said interim loss widened sharply due to an increase in operating costs and annual revenue is anticipated to be 25% lower than market was a

Read more
20 Feb 2019 14:56

Harvest Minerals connects Arapua project to Brazilian power grid

(Sharecast News) - Fertiliser producer Harvest Minerals announced on Wednesday that the Brazilian energy company CEMIG had connected its Arapua multi-nutrient, direct application, natural fertiliser project to the country's main electricity grid.

Read more
20 Feb 2019 10:58

Harvest Minerals Connects Arapua Project To Electricity Grid

LONDON (Alliance News) - Harvest Minerals Ltd on Wednesday said its Arapua natural fertiliser project in Brazil is now connected to the main electricity grid.Shares in the fertiliser were a

Read more
28 Jan 2019 10:12

Harvest Minerals Does Not Expect Dam Tragedy To Hurt Licence Request

LONDON (Alliance News) - Fertiliser firm Harvest Minerals Ltd said Monday it does not expect the fatal mining dam incident in Brazil on Friday to impact its application for a mining licence in the

Read more
19 Nov 2018 16:19

UK Shareholder Meetings Calendar - Next 7 Days

Tuesday 20 November Pan African ResourcesCap-XXPhysiomicsWednesday 21 22

Read more
17 Sep 2018 13:11

Harvest Minerals Sees Strong Results From KPfertil Fertiliser Testing

LONDON (Alliance News) - Brazil-focused fertiliser producer Harvest Minerals Ltd on Monday said recent testing has shown the effectiveness of its KPfertil product as a long-term grass by the of a

Read more
10 Sep 2018 15:02

David Edghill appointed CFO of Harvest Minerals

(Sharecast News) - Fertiliser development company Harvest Minerals announced the appointment of David Edghill to its senior management as chief financial officer on Monday.

Read more
10 Sep 2018 10:42

Harvest Minerals Appoints David Edgehill As New Finance Head

LONDON (Alliance News) - Fertiliser firm Harvest Minerals Ltd said Monday it appointed David Edgehill as its new chief financial officer with immediate effect.Edgehill joins Harvest from he

Read more
11 Jun 2018 16:40

UPDATE: Harvest Minerals Raises GBP10 Million Through Placing (ALLISS)

LONDON (Alliance News) - Harvest Minerals Ltd late Monday said it raised GBP9.7 million through an oversubscribed placing of 52.5 million shares at a price of 18.5 pence each.Earlier on it

Read more
11 Jun 2018 12:25

Harvest Minerals To Raise GBP9 Million By Placing; Signs Sales Order (ALLISS)

LONDON (Alliance News) - Harvest Minerals Ltd said Monday it intends to raise GBP9.0 million through a placing of shares at a price of no less than 18.5 pence per share.Shares in the were a

Read more
14 May 2018 10:40

WINNERS & LOSERS SUMMARY: IWG Rises On Potential Bidding War

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - up 0.8%. The British Gas parent said the first a

Read more
20 Apr 2018 13:50

Harvest Minerals To Grow Processing Capacity While Deals With Licences

LONDON (Alliance News) - Harvest Minerals Ltd on Friday said it expects processing capacity to increase, following new plant installation as it awaits a full mining license grant and product in it

Read more
29 Mar 2018 14:10

Harvest Minerals Progresses Brazil Mining License, Gets Report Okay

LONDON (Alliance News) - Harvest Minerals Ltd said on Thursday that the government Department of Mines has approved the final exploration report for its Arapua fertiliser in a

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.