Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksIofina Share News (IOF)

Share Price Information for Iofina (IOF)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 19.50
Bid: 19.00
Ask: 20.00
Change: -0.50 (-2.50%)
Spread: 1.00 (5.263%)
Open: 19.50
High: 20.00
Low: 19.50
Prev. Close: 20.00
IOF Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

LONDON AIM WINNERS & LOSERS: Ironridge Rallies On Ewoyaa Study Results

Tue, 19th Jan 2021 10:37

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

----------

AIM WINNERS

----------

Ironridge, up 45% at 21.00 pence. The Australia-based minerals exploration company reported "exceptional" scoping study results at the Ewoyaa lithium project in Ghana, with the study supporting the business case for 2.0 million tonnes per year production operation with life of mine revenue exceeding USD1.55 billion.

----------

Alumasc Group, up 23% at 140.00p. The Kettering, Northamptonshire-based building products supplier said conditions in its markets have remained positive, resulting in a "record" profit for the first half. Revenue increased 11% year-on-year to GBP45.6 million in the six months to the end of December and underlying pretax profit surged to GBP6.0 million from GBP2.3 million. Alumasc said it has entered the second half with good momentum and a resumption of its previous dividend policy is being mulled over by the board.

----------

Microsaic Systems, up 20% at 0.24p. The developer of mass spectrometry instruments said that it has, through Turner Pope Investments, conditionally raised GBP5 million via an oversubscribed placing of 5.00 billion new shares. "The net funds from the placing will fund the commercialisation of Microsaic's current miniaturised products and services, provide funds to further develop Microsaic's product and service portfolio and fund general working capital purposes to drive increased revenues by collaborations and revenue sharing opportunities that build and extend our existing sales, marketing and distribution channels," said Chief Executive Glenn Tracey.

----------

Trufin, up 15% at 77.44p. The the lending and technology company said revenue for 2020 is expected to be "significantly" ahead of market expectations, at around GBP14.6 million - double the GBP7.3 million posted for 2019. Firm's adjusted pretax loss also expected to be ahead of market forecasts, at no more than GBP8.4 million versus a loss of GBP9.3 million the year before.

----------

Thor Mining, up 13% at 1.03p. The exploration and development company with projects in Australia said it has raised GBP750,000 via the placing of 88.2 million new shares at 0.85p each. A London-based specialist resources investor is investing GBP600,000 and Artemis Resources - of which Thor director Mark Potter is non-executive chair - is also to invest GBP150,000. Funds will be used for exploration activities at the Ragged Range, gold & nickel project in the Pilbara Western Australia, copper evaluation at Alford East in South Australia, initial drilling of the uranium and vanadium projects in the US, and general working capital.

----------

AIM LOSERS

----------

Mountfield, up 19% at 0.49p. The Essex-based flooring and construction firm said accounts for the second half of 2020 show "the impact of the pandemic on the group", as it achieved a level of profitability below that in the first half. As a result of difficult trading conditions and uncertainty over which areas of construction will be in demand following the pandemic, the firm is considering making structural changes to the group.

----------

Iofina, down 7.2% at 13.45p. The US-focused iodine producer reported second half crystalline iodine production of 325.5 metric tonnes, the highest half-year production total in company history. However, back in October the firm said it was on track to achieve the lower end of its 340 to 360 metric tonne forecast for the second half. Iofina said indications in 2021 suggest the iodine market is recovering after lower demand in the second half of 2020.

----------

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
2 May 2024 11:10

EARNINGS AND TRADING: Smiths News ups dividend; NAHL profit rises

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

Read more
16 Apr 2024 13:11

Iofina reduces 2024 profit prediction amid high fees in first quarter

(Alliance News) - Iofina PLC on Tuesday predicted a fall in financial 2024 profit as higher fees in contracts for essential brine water supplies hurt forecasts.

Read more
15 Jan 2024 16:02

Iofina upbeat on recent production, 2024 outlook

(Sharecast News) - Iodine explorer, producer and speciality chemicals manufacturer Iofina updated the market on its activities in the fourth quarter of 2023 on Monday, as well as its expectations for 2024.

Read more
15 Jan 2024 12:00

Iofina shares fall despite increased production and sunny outlook

(Alliance News) - Iofina PLC on Wednesday said production in its latest half was below guidance as expected, although demand "remained robust".

Read more
30 Nov 2023 14:25

TRADING UPDATES: SkinBio launches food supplement on Amazon

(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
20 Oct 2023 09:11

Iofina inks deal with new partner for latest iodine plant in Oklahoma

(Alliance News) - Iofina PLC on Friday said that it has signed a deal with a new brine supply partner to construct its latest Iosorb iodine plant in Western Oklahoma.

Read more
11 Sep 2023 11:13

Iofina confident as first-half earnings jump 60pc

(Sharecast News) - Iodine explorer and producer Iofina reported 60% growth in adjusted EBITDA in its first half on Monday, to $5.9m.

Read more
11 Sep 2023 10:06

Iofina hails high iodine prices and strong demand as profit surges

(Alliance News) - Iofina PLC on Monday said it continued on its growth path, touting improvement in all its operations and high iodine prices.

Read more
20 Jul 2023 18:52

TRADING UPDATES: Iofina optimistic; Metals Exploration ups outlook

(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
14 Jun 2023 14:29

Iofina successfully operates its latest Oklahoma plant

(Sharecast News) - Iodine explorer and producer Iofina announced the successful operation of its IO#9 'IOsorb' plant on Wednesday, located in Oklahoma.

Read more
14 Jun 2023 10:55

IN BRIEF: Iofina celebrates as sixth plant in Oklahoma now operational

Iofina PLC - London-based iodine producer - Says that its IO#9 IOsorb plant is operational after undergoing hydrotesting, and has now begun flowing brine water. It is Iofina's sixth plant operating in Oklahoma. The firm says it will shortly concentrate and isolate iodine, as the plant ramps up production over the coming weeks.

Read more
7 Jun 2023 15:47

UK shareholder meetings calendar - next 7 days

Thursday 8 June 
Ashtead Technology Holdings PLCAGM
Camellia PLCAGM
Checkit PLCAGM
Churchill China PLCAGM
CRH PLCCourt Meeting and EGM re proposal to transfer the company's primary listing to NYSE
Downing Renewables & Infrastructure Trust PLCAGM
Fair Oaks Income LtdAGM
Fusion Antibodies PLCGM re result of retail offer
Genflow Biosciences PLCAGM
Glenveagh Properties PLCAGM
Invesco Perpetual UK Smaller Companies Investment Trust PLCAGM
Kavango Resources PLCAGM
Kosmos Energy LtdAGM
Melrose Industries PLCAGM
North American Income Trust PLCAGM
Oriole Resources PLCAGM
Panther Metals PLCAGM
REA Holdings PLCAGM
Renalytix PLCGM re director's authorization to allot new shares and equity securities for cash
Vaalco Energy IncAGM
Friday 9 June 
Arecor Therapeutics PLCAGM
Devolver Digital IncAGM
Fulham Shore PLCGM and court meeting re takeover by Torridoll Holdings Corp
Hochschild Mining PLCAGM
Mirada PLCGM re cancellation and re-registration as PLC
MP Evans Group PLCAGM
S4 Capital PLCAGM
Sureserve Group PLCCourt Meeting and GM re acquisition by CAP10 
Monday 12 June 
Brighton Pier Group PLCAGM
Learning Technologies Group PLCAGM
Oxford Nanopore Technologies PLCAGM
Pembridge Resources PLCGM and Creditors' Meeting re future plans and objectives
Round Hill Music Royalty Fund LtdAGM
Staffline Group PLCAGM
VPC Specialty Lending Investments PLCGM re investment policy
Tuesday 13 June 
Animalcare Group PLCAGM
Asiamet Resources LtdAGM
Centrica PLCAGM
Dillistone Group PLCAGM
EJF Investments LtdAGM
Elixirr International PLCAGM
Flowtech Fluidpower PLCAGM
Frenkel Topping Group PLCAGM
Great Western Mining Corp PLCAGM
Newbury Racecourse PLCAGM
Plant Health Care PLCAGM
Pressure Technologies PLCGM re delay to the publication of the FY22 Annual Report and directors' remuneration
Pod Point Group Holdings PLCAGM
Sound Energy PLCAGM
Zinnwald Lithium PLCAGM
Wednesday 14 June 
abrdn Property Income Trust LtdAGM
abrdn Smaller Companies Income Trust PLCAGM
Andrews Sykes Group PLCAGM
Aquila Energy Efficiency Trust PLCAGM
Aurrigo International PLCAGM
Brave Bison Group PLCAGM
Christie Group PLCAGM
Foresight Solar Fund LtdAGM
IGas Energy PLCAGM
International Consolidated Airlines Group SAAGM
Iofina PLCAGM
James Fisher & Sons PLCAGM
Liberty Global PLCAGM
M&C Saatchi PLCAGM
Petards Group PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
25 Apr 2023 14:54

EARNINGS UPDATES: Northcoders swings to profit; AB Dynamics ups payout

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

Read more
12 Apr 2023 17:03

IN BRIEF: Iofina continues to perform well in quarter one

Iofina PLC - London-based iodine producer - Updates on quarter one. Continues to perform well with Iofina Resources producing 107.1 metric tonnes of crystalline iodine from its IOsorb iodine plants in the quarter, up 3.3 metric tonnes from the first quarter of 2022, despite cool temperatures and weather-related downtimes. Notes demand for iodine remains strong supported by a further expansion in the customer base. Points out the iodine spot price remained steady at around USD70 per kilogram and prices are expected to stay at these levels into the second half of 2023. Continues to work on other growth projects.

Read more
12 Apr 2023 14:08

Iofina production rises as it develops IO9 facility

(Sharecast News) - Iodine explorer and producer Iofina said in an update on Wednesday that despite cool temperatures and weather-related downtimes, its Iofina Resources division managed to produce 107.1 metric tonnes of crystalline iodine in the first quarter, up 3.3 tonnes year-on-year.

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.