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Share Price: 20.25

Bid: 19.50

Ask: 21.00

Change: 0.45 (2.31%)

Spread: 1.50 (7.692%)

Open: 19.95

High: 20.25

Low: 19.50

Prev. Close: 19.50

Last checked at -

IN BRIEF: Iofina Says Performance Solid Despite Virus Disruption

Wed, 22nd Jul 2020 12:22

Iofina PLC - iodine producer - Produces 284.4 metric tonnes of crystalline iodine in the six months to June 30, down from 286.7 metric tonnes a year ago. Plant 8 was briefly open in April for a few weeks, shut down in May, and reopened again in late June. Company is still optimising the new plant but expects the plant to run throughout the second half of 2020 and beyond. Total crystalline iodine production for second half to range between 340 metric tonnes and 360 metric tonnes. Continues to progress a debt refinancing package with a new lender. To apply for loan forgiveness for Payroll Protection Program loans totalling USD1.1 million. Expects all of the PPP loans to be forgiven in second half of 2020.

Current stock price: 13.60 pence

Year-to-date change: down 51%

By Tapan Panchal; tapanpanchal@alliancenews.com

More News

12 Apr 2016 17:13

Tuesday newspaper share tips: Iofina, Carr's Group

(ShareCast News) - Iofina shares are worth a punt, albeit admittedly being 'extremely high-risk', The Daily Telegraph's Questor said. Stock in the iodine manufacturer shot higher by almost 85.0% after the company said in a first half production it as confident of meeting its full-year target for out

11 Apr 2016 16:07

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11 Apr 2016 09:58

WINNERS & LOSERS SUMMARY: Iofina Soars After Reaffirming Guidance

11 Apr 2016 07:53

Iofina Shares Soar After Reaffirming First-Half Production Guidance

15 Feb 2016 08:59

Iofina Chief Financial Officer Hekking Resigns With Lewin To Step In

18 Jan 2016 10:04

Iofina Says 2016 Will Be Year Of "Prudency" As 2015 Production Rises

14 Dec 2015 13:53

Aggreko withdraws from Rio Olympics bidding process, reports say

(ShareCast News) - Aggreko has reportedly withdrawn from the bidding process for the 2016 Rio de Janeiro Olympic and Paralympic Games. The FTSE 250 company said as the tender process to provide temporary power and temperature control was still going on, it was unable to comment further at this stage

14 Dec 2015 10:39

WINNERS & LOSERS SUMMARY: South Africa-Exposed Stocks Stage Recovery

14 Dec 2015 08:31

Iofina Reassures Investors On Impact Of Oklahoma Earthquake

23 Nov 2015 10:30

WINNERS & LOSERS SUMMARY: UK Defence Plans Lift BAE And Rolls-Royce

23 Nov 2015 08:19

Iofina Expects Production To Take Hit After Oklahoma Earthquake

28 Oct 2015 09:03

Iofina Appoints Neil Hekking As Chief Financial Officer

9 Oct 2015 08:13

Iofina increases iodine production by over 88%

(ShareCast News) - Iofina has increased its third quarter iodine production by 88.7% compared to last year, but the company said figures were slightly impacted by maintenance work. The AIM company reported it produced 143.6 metric tonnes of iodine for the quarter, up from 76.1 metric tonnes in Q3 20

9 Oct 2015 07:47

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IN BRIEF: Iofina Says Performance Solid Despite Virus Disruption

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