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Pin to quick picksHorizonte Minerals Share News (HZM)

Share Price Information for Horizonte Minerals (HZM)

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Share Price: 0.325
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Change: 0.025 (8.33%)
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UK TRADING UPDATE SUMMARY: Softcat Cancels Interim Dividend Payout

Tue, 31st Mar 2020 18:31

(Alliance News) - The following is a round-up of updates by UK companies on the impact of the Covid-19 pandemic, issued on Tuesday and not separately reported by Alliance News:

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Softcat PLC - infrastructure services - cancels interim dividend of 5.4 pence per share in order to protect cash position.

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Castings PLC - iron castings and machining - Unable to predict impact on business for 2021 financial year. Experienced lower output levels in third quarter of year ended March 31. Expected increased demand in final quarter, but outbreak affecting truck sector significantly. Reduced production levels to meet lower demand.

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Mkango Resources Ltd - rare earth minerals - Remains focused on feasibility study for Songwe Hill rare earths project in Malawi, but now expects completion of study in second half of 2021.

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Leeds Group PLC - fabrics distribution - Activities in Germany severely affected by country wide lockdown. Expects to report substantial loss for year ending May 31.

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Ingenta PLC - software and services - Postpones publication of 2019 results, expects to report revenue of GBP10.9 million, and adjusted earnings before interest, taxes, depreciation and amortisation at GBP1.3 million. Revenue for 2018 was GBP12.0 million, while adjusted Ebitda was GBP769,000.

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Phoenix Global Resources PLC - Argentine-focused upstream oil & gas - Reducing its capital expenditure programs and exploring other cost saving methods. Plans to restructure the existing convertible credit facilities agreements with Mercuria Energy Netherlands.

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Horizonte Minerals PLC - nickel exploration - expects to publish 2019 results within 45-day extension period starting from March 31.

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Regional REIT Ltd - property investor - Confirms fourth quarter dividend payment of 2.55 pence per share. Rent collected for first quarter of 2020 lower year-on-year.

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Predator Oil & Gas Holdings PLC - oil & gas - Enhanced oil project in Trinidad remains on-track for revenue growth, with project economics still attractive despite low oil prices. Rig for drilling Guercif proposect in Morocco stored in yard, ready to be used when travel restrictions are lifted. Still plans to issue 2019 accounts by end of April.

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RPS Group PLC - professional services - Annual general meeting to still take place on April 30.

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AfriTin Mining Ltd - tin mining - Uis tin mining suspended due to 21-day Namibia lockdown, but will continue feeding the processing plant from the run-of-mine stockpile during this period.

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Trafalgar Property Group PLC - property development and hydroponics - Continues discussions for sale of three unit development in Ashtead Surrey, ceases move to acquire land at Staplehurst, UK. Will not raise funds to develop hydroponics strategy until it can be completed at suitable price.

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Science Group PLC - science-based consultancy - Trading in first quarter of 2020 in line with expectations, product development business Sagentia a part of UK government's Rapidly Manufactured Ventilator System. Manufacturing contract in negotiation stages. Underlying outlook unpredictable.

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Empyrean Energy PLC - oil & gas - Gaffey Cline & Associates to publish updated Competent Persons Report for Mako gas field in Indonesia despite travel restrictions. Seismic inversion work on block 29/11 offshore China not delayed by outbreak. Drilling of first well still scheduled between December 2020 and May 2021, but subject to revision.

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Aquila European Renewables Income Fund PLC - renewable energy investment - Affirms ability to meet planned 2020 dividend payout, no project development risk for existing investments due to current market conditions.

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Jersey Electricity PLC - Jersey-focused electricity supply - Defers planned 2.5% tariff rise which was to take effect from April 1, leading to estimated cost of GBP1 million for second half of financial year ending September 30. Expects to publish interim results in mid-May.

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PureCircle Ltd - stevia sweetners - Expects to delay publishing of results for six months to end of December. Publishes results for year ended June 30, 2019. Pretax loss widens to USD72.2 million from USD3.4 million, on revenue down by 2.1% to USD124.0 million.

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By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
3 Nov 2022 13:43

IN BRIEF: Horizonte Minerals picks partners for Araguaia project

Horizonte Minerals PLC - nickel company focused on Brazil - Selects MIP Engenharia & Milplan to provide electro-mechanical installation services at its Araguaia nickel project. Says MIP/Milpan has "a strong track record" and prior rotary kiln-electric furnace experience from Vale's Onca Puma mine, a ferronickel mine with a similar processing flow sheet to Araguaia, and a number of other major mining projects in the Carajas region.

Read more
17 Oct 2022 10:47

Horizonte Minerals progresses Vermelho with award of feasibility study

(Alliance News) - Horizonte Minerals PLC on Monday said it has awarded Wood PLC, a project delivery and technical services business, the principal engineering contract for its Vermelho project in Brazil.

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5 Oct 2022 12:53

Horizonte Minerals raises GBP70.5 million for Araguaia progress

(Alliance News) - Horizonte Minerals PLC on Wednesday said it will be able to advance construction at its Araguaia project following the completion of oversubscribed fundraising.

Read more
4 Oct 2022 19:50

TRADING UPDATES: Horizonte Minerals makes progress at nickel project

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

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26 Sep 2022 16:55

TRADING UPDATES: Mirada extends loan; Atlantic Lithium joins ASX

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

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15 Aug 2022 12:18

IN BRIEF: Horizonte Minerals swings to profit on foreign exchange gain

Horizonte Minerals PLC - nickel company focused on Brazil - Swings to interim profit as gain on foreign exchange surges. Pretax profit in the half-year ended June 30 stands at USD3.8 million versus a loss of USD3.2 million a year prior. Gain on foreign exchange more than quadruples to USD9.4 million from USD2.2 million. Administrative expenses widen to USD6.7 million from USD3.7 million. However, posts pretax loss of USD670,946 in the quarter to June 30, narrowed from USD1.9 million a year ago. Posts no revenue. Says outlook for its operations remains positive, but sees continued risk from the Covid pandemic. Further, firm closes a USD633 million funding package to build the Araguaia nickel project in the northern Brazil state of Para.

Read more
15 Aug 2022 11:26

Horizonte Minerals swings to profit as Araguaia development continues

(Sharecast News) - Brazil-focussed nickel developer Horizonte Minerals swung to a first-half profit before tax of $3.8m from a restated loss of $3.24m, it announced on Monday.

Read more
9 Aug 2022 15:15

IN BRIEF: Horizonte Minerals awards Araguaia civil works contract

Horizonte Minerals PLC - nickel company focused on Brazil - Awards civil works contract for Araguaia nickel project in Brazil to Brazilian construction company Companhia Paranaense de Construcao SA, or Copa.

Read more
9 Aug 2022 12:00

Horizonte awards Araguaia civil works to Copa

(Sharecast News) - Brazil-focussed nickel developer Horizonte Minerals has awarded the industrial civil works contract for the construction of its wholly-owned Araguaia nickel project, it announced on Tuesday, to Companhia Paranaense de Construção, or 'Copa'.

Read more
19 Jul 2022 22:02

TRADING UPDATES: Kazera begins tantalum exports; Cloudbreak fundraises

(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
13 Jul 2022 19:07

IN BRIEF: Horizonte Minerals awards Araguaia process plant contracts

Horizonte Minerals PLC - nickel company focused on Brazil - Awards all major and long-lead-time process plant equipment contracts for its flagship Araguaia nickel project.

Read more
19 May 2022 18:55

TRADING UPDATES: Knights tips revenue hike; Gym Group eyes growth

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

Read more
17 May 2022 15:59

UK shareholder meetings calendar - next 7 days

Wednesday 18 May  
ABCAM PLCAGM
abrdn PLCAGM in Edinburgh
Alliance Pharma PLCAGM
Burford Capital LtdAGM
Coats Group PLCAGM
CVC Credit Partners European Opportunities LtdAGM
EKF Diagnostics Holdings PLCAGM
Highcroft Investments PLCAGM
Impax Environmental Markets PLCAGM
JPMorgan American Investment Trust PLCAGM
Keller Group PLCAGM
LMS Capital PLCAGM
Merchants Trust PLCAGM
PensionBee Group PLCAGM
Permanent TSB Group Holdings PLCAGM
PYX Resources LtdAGM
Riverstone Credit Opportunities Income PLCAGM
Schroder UK Public Private Trust PLCAGM
Science Group PLCAGM
Seplat Energy PLCAGM
TI Fluid Systems PLCAGM
Vesuvius PLCAGM
Thursday 19 May  
Bigblu Broadband PLCAGM
Brand Architekts Group PLCGM re takeover of InnovaDerma
Capital & Regional PLCAGM
Computacenter PLCAGM
Cornish Metals IncGM re equity raise
Dialight PLCAGM
Ebiquity PLCAGM
Eqtec PLCAGM
Essentra PLCAGM
Fevertree Drinks PLCAGM
Gamma Communications PLCAGM
Genuit Group PLCAGM
Headlam Group PLCAGM
Inchcape PLCAGM
InnovaDerma PLCGM re takeover by Brand Architekts
Irish Residential Properties REIT PLCAGM
K3 Business Technology Group PLCAGM
Light Science Tech Holdings PLCAGM
Live Co Group PLCGM
McColl's Retail Group PLCAGM
musicMagpie PLCAGM
Network International Holdings PLCAGM
Next PLCAGM
Pharos Energy PLCAGM
Property Franchise Group PLCAGM
Rotala PLCAGM
Smart Metering Systems PLCAGM
St James's Place PLCAGM
Tyman PLCAGM
Friday 20 May  
Bank of Cyprus Holdings PLCAGM
Croda International PLCAGM
Deliveroo PLCAGM
Georgia Capital PLCAGM
Hikma Pharmaceuticals PLCEGM re capital reduction
Keywords Studios PLCAGM
Real Estate Investors PLCAGM
Reckitt Benckiser Group PLCAGM
Resolute Mining LtdAGM
Restore PLCAGM
Monday 23 May 
Brewin Dolphin Holdings PLCGM re acquisition by RBC Wealth Management
Digital 9 Infrastructure PLCAGM
Empiric Student Property PLCAGM
TMT Investments PLCAGM
Tuesday 24 May 
4imprint Group PLCAGM
Afentra PLCAGM
Artisanal Spirits Co PLCAGM
Bidstack Group PLCAGM
Epwin Group PLCAGM
FDM Group Holdings PLCAGM
Forterra PLCAGM
Harworth Group PLCAGM
Henderson High Income Trust PLCAGM
Hill & Smith Holdings PLCAGM
Hilton Food Group PLCAGM
Horizonte Minerals PLCAGM
Judges Scientific PLCAGM
Pebble Group PLCAGM
Quarto Group IncAGM
Restaurant Group PLCAGM
Riverstone Energy LtdAGM
Shell PLCAGM
Thungela Resources LtdAGM
Vector Capital PLCAGM
WPP PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
16 May 2022 16:20

TRADING UPDATES: Proteome set for profit rise; Kromek expects loss

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

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16 May 2022 13:38

Horizonte progresses Araguaia after it completes funding

(Sharecast News) - Horizonte Minerals updated the market on the March quarter on Monday, having closed the $633m funding package for the construction of the Araguaia nickel project.

Read more

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