Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth 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
26 Jan 2015 11:35

UK WINNERS & LOSERS: IAG Flying High On New Aer Lingus Bid

Read more
26 Jan 2015 08:32

Horizonte Minerals' Shares Rise On Araguaia's High Grade Drill Results

Read more
14 Nov 2014 08:37

Horizonte Rises After It Completes Fundraising For Araguaia Project (ALLISS)

Read more
6 Nov 2014 10:45

Horizonte Awards Contract For New Drilling At Araguaia Project

Read more
29 Sep 2014 08:58

DIRECTOR DEALINGS: Horizonte Minerals CEO Buys 230,000 Shares

Read more
14 Aug 2014 09:55

Horizonte Minerals Narrows First-Half Loss On Lower Contingent

Read more
16 Jul 2014 13:01

Horizonte Minerals Details Its CAD10 Million Fundraising

Read more
25 Jun 2014 08:19

Horizonte Minerals Gets Priority Status For Araguaia Nickel Project

Read more
25 Jun 2014 07:40

UK MORNING BRIEFING: Shares Down; Land Securities Buys Into Bluewater

Read more
19 Jun 2014 10:07

Horizonte Minerals Files Application For Araguaia Nickel Project

LONDON (Alliance News) - Horizonte Minerals PLC Thursday said it has filed the Social Environmental Impact Assessment for its 100%-owned Araguaia nickel project in northern Brazil. The company's Araguaia Nickel Project is located south of the Carajas mining district in Pará State. The

Read more
25 Mar 2014 13:34

UK MIDDAY BRIEFING: RSA Insurance Launches Rights Issue

LONDON (Alliance News) - RSA Insurance Group Tuesday launched a GBP773 million fully-underwritten, discounted rights issue in order to shore up its balance sheet, as Chief Executive Stephen Hester's recovery plan for the troubled FTSE 100 insurer begins to take shape.
Read more

25 Mar 2014 09:22

Horizonte Minerals Chooses Conservative Option For Araguaia Nickel

LONDON (Alliance News) - Horizonte Minerals PLC Tuesday said it prefers a single-line 15,000 tonnes of nickel per year base case for its Araguaia development in Brazil, following a Pre-Feasibility Study at the site. The exploration and development company, which focuses on projects in Brazi

Read more
20 Feb 2014 09:17

Horizonte Minerals Pretax Loss Widens As Lower Expenses Are Offset By Impairments

LONDON (Alliance News) - Horizonte Minerals Thursday said its pretax loss widened slightly on certain impairments in its full-year 2013 as it continues development of Araguaia site. The exploration and development company, which focuses on projects in Brazil, said its pretax loss widened to

Read more
14 Nov 2013 15:52

Horizonte Minerals Says Araguaia Study Near Complete; Quarterly Loss Narrows

Read more
10 Sep 2013 10:38

Horizonte Minerals Completes Test Drilling At Araguaia Nickel Project

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.