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Pin to quick picksHorizonte Minerals Share News (HZM)

Share Price Information for Horizonte Minerals (HZM)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 0.325
Bid: 0.30
Ask: 0.35
Change: 0.05 (18.18%)
Spread: 0.05 (16.667%)
Open: 0.275
High: 0.325
Low: 0.275
Prev. Close: 0.275
HZM Live PriceLast checked at -

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AIM WINNERS & LOSERS: Harland & Wolff rises as loan talks progress

Fri, 29th Dec 2023 10:45

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

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AIM - WINNERS

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Harland & Wolff Group Holdings PLC, up 18% at 13.54 pence, 12-month range 8.5p-25.5p. The maritime and offshore fabrication company receives ministerial approval for a new credit facility with UK Export Finance. Will now advance negotiations in relation to a GBP200 million credit facility with the UK government's export credit agency under its Export Development Guarantee Scheme. The firm will firm up its bank syndicate and appoint a leader arranger, and begin necessary documentation.

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AIM - LOSERS

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Horizonte Minerals PLC, down 9.6% at 11.75p, 12-month range 7.53p-172p. The nickel mine development company returns gains from earlier this week. On Wednesday, it announced it had secured a USD20 million interim funding package, which will be used to progress "critical construction streams" at its flagship Araguaia nickel project in Brazil, as well as for general working capital purposes. The stock is up 46% over the past week, but down 92% over the past year.

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Saietta Group PLC, down 3.1% at 17.45p, 12-month range 16.00p-78.00p. The e-Drive system maker reports a "challenging" first half of its financial year, but notes "significant strides" have been made towards its transition to a full-scale production manufacturer from a research & development company. In the six months to September 30, revenue rises to GBP977,229 from GBP753,517 a year before, while its pretax loss narrows to GBP7.9 million from GBP9.4 million. "Saietta and its Indian [joint venture], Saietta VNA, have secured high volume [original equipment manufacturer] relationships in India and the US which are set to utilise the production capacity they have developed in Delhi and Sunderland. The group is therefore ready to enter the next stage of its evolution as a large-scale manufacturer," the firm says.

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By Elizabeth Winter, Alliance News deputy news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
14 Mar 2019 12:49

Horizonte Minerals Gets Positive Testwork Results For Vermelho Project

LONDON (Alliance News) - Horizonte Minerals PLC on Thursday said it has secured positive results from metallurgical and smelting test work on the Vermelho nickel cobalt project, located in nickel

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14 Mar 2019 11:14

Horizonte pleased with test work from Vermelho project

(Sharecast News) - Brazil-focussed nickel development company Horizonte Minerals announced positive results from metallurgical and smelting test work on the Vermelho nickel cobalt project, located in the southern part of the Carajás mining district in Pará state, northern Brazil on Thursday.

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5 Mar 2019 16:45

City Financial Investment Cuts Horizonte Minerals Stake To 0.3% (ALLISS)

LONDON (Alliance News) - Horizonte Minerals PLC said Tuesday that City Financial Investment Company Ltd lowered its stake in the company to 0.29% from a previously held 8.19% in a deal concluded

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1 Mar 2019 18:20

Horizonte Minerals Not Aware Of Reason Behind 11% Drop In Share Price (ALLISS)

LONDON (Alliance News) - Nickel development firm Horizonte Minerals PLC on Friday said it is unaware of the reason behind a recent decline in its share price.Shares in Horizonte closed down

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21 Feb 2019 11:35

Horizonte Says Araguaia Project Expansion Would Double Production

LONDON (Alliance News) - Horizonte Minerals PLC on Thursday said a stage two expansion at the Araguaia ferronickel project in Brazil would double annual nickel production.Nickel developer a

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23 Jan 2019 09:50

Horizonte Minerals Issues Equity To Glencore After Study Filing (ALLISS)

LONDON (Alliance News) - Horizonte Minerals PLC has issued further shares to miner Glencore PLC after filing a feasibility study, the company said on Wednesday.Horizonte bought the Vale do

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14 Jan 2019 12:30

Horizonte Minerals awarded construction licence for Araguaia project

(Sharecast News) - Brazil-focussed nickel development company Horizonte Minerals has been awarded the construction licence for the development of its 100%-owned Araguaia Ferronickel Project, it announced on Monday.

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14 Jan 2019 10:23

WINNERS & LOSERS SUMMARY: JD Sports Rises After Strong Christmas

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - LOSERS----------Paddy Power

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31 Oct 2018 11:12

Horizonte Minerals Appoints Financial Adviser For Araguaia Project

LONDON (Alliance News) - Horizonte Minerals PLC on Wednesday said it has contracted Endeavour Financial to advise on the financing for the Araguaia ferronickel project.On Monday, the miner

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29 Oct 2018 14:04

Horizonte Minerals Confident In Araguaia Following Feasibility Study

LONDON (Alliance News) - Nickel development company Horizonte Minerals PLC said on Monday it is on track on acquire a construction licence for the Araguaia ferronickel project in Brazil, following

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10 Oct 2018 11:02

Horizonte Minerals Pleased With Test Results From Vermelho Samples

LONDON (Alliance News) - Nickel developer Horizonte Minerals PLC said on Wednesday initial test results on samples from its Vermelho project have been positive.The limonite samples from in

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16 Aug 2018 14:25

Horizonte Minerals Progresses Araguaia Nickel Project Development

LONDON (Alliance News) - Horizonte Minerals PLC said on Thursday the final results of its feasibility study for Araguaia are being prepared as it progresses the development of the nickel am to an

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31 Jul 2018 13:30

Horizonte Minerals Interim Loss Widens As Develops Brazilian Portfolio

LONDON (Alliance News) - Horizonte Minerals PLC on Tuesday said its loss widened in the first half of 2018 as it progresses on project development in Brazil.The nickel development company a

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21 Jun 2018 11:45

Horizonte Minerals Completes Aero Survey For Brazilian Nickel Project

LONDON (Alliance News) - Horizonte Minerals PLC said Thursday it has completed an aero survey covering the route of a power line into its Araguaia nickel project in Brazil.The aero survey a

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27 Mar 2018 14:27

Horizonte Minerals Loss Widens As It Develops Brazilian Portfolio

LONDON (Alliance News) - Nickel miner Horizonte Minerals PLC reported on Tuesday a flat loss in 2017, a year in which it bought a second major project in flagship project in a

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