Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHorizonte Minerals Share News (HZM)

  • This share is currently suspended. It was suspended at a price of 0.325

Share Price Information for Horizonte Minerals (HZM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.325
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: 0.325
HZM 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: 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.

----------

AIM - WINNERS

----------

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.

----------

AIM - LOSERS

----------

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.

----------

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.

----------

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
2 Oct 2015 07:40

Horizonte Minerals Gets GBP1.1 Million From Share Placing (ALLISS

Read more
29 Sep 2015 09:14

DIRECTOR DEALINGS: Horizonte Minerals Directors Buy Amid Glencore Deal

Read more
28 Sep 2015 16:05

LONDON MARKET CLOSE: Miners, Shell And Vodafone Drag Down FTSE 100

Read more
28 Sep 2015 11:05

LONDON MARKET MIDDAY: Glencore Sets New Lows As Miners Hit By China

Read more
28 Sep 2015 10:31

Horizonte Minerals buys Glencore's Brazil nickel project for $8m

(ShareCast News) - Horizonte Minerals has reached an agreement to acquire Glencore's Araguaia nickel project in north central Brazil for $8m (£5.2m). Horizonte said the combination of Glencore's nickel project with its own high-grade nickel project in Araguaia will create one of the world's largest

Read more
28 Sep 2015 07:40

LONDON MARKET OPEN: Vodafone Shares Down As Talks With Liberty End

Read more
28 Sep 2015 06:42

Horizonte acquires Glencore's Brazil nickel project for $8 mln

Sept 28 (Reuters) - Horizonte Minerals said on Monday it had bought Glencore's Araguaia nickel project in Brazil for $8 million. "This is a game-changing transaction for Horizonte. We have been able to negotiate a unique transaction leveraging the current depressed commodity markets," Horiz

Read more
28 Sep 2015 06:05

Horizonte Minerals To Buy Glencore Araguaia Nickel Project In Brazil (ALLISS)

Read more
14 Sep 2015 09:35

Horizonte Minerals expands presence in Brazil

(ShareCast News) - Precious and base metals explorer Horizonte Minerals has acquired a new concession area in Brazil. The London-listed group said it had purchased a parcel of land covering 1,610 hectares located next to Glencore's Vale dos Sonhos and Serra do Tapa nickel laterite deposits and 60km

Read more
14 Sep 2015 08:40

Horizonte Minerals Adds Concession Areas At Araguaia Project

Read more
14 Aug 2015 14:13

Horizonte Minerals tumbles after loss widens

(ShareCast News) - Shares in Horizonte Minerals were down a tenth after the metals firm posted a bigger first half loss than the year before. At 1128 BST shares in the Brazil focused nickel company were down by 10% to 1.80p. The company's pre-tax loss widened from £ 304,054 to £1.159m, as the compa

Read more
14 Aug 2015 08:06

Horizonte Minerals First-Half Loss Widens As Araguaia Progresses

Read more
3 Jun 2015 07:09

Horizonte Minerals Gets Supportive Results From Latest Araguaia Drilling

Read more
13 May 2015 08:34

Horizonte Swings To Quarterly Loss, Continues Progressing Araguaia

Read more
27 Apr 2015 08:09

Horizonte Completes Bulk Sampling Ahead Of Pilot Plant Campaign

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.