Less Ads, More Data, More Tools Register for FREE

Pin to quick picksJangada Mines Share News (JAN)

Share Price Information for Jangada Mines (JAN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.30
Bid: 1.20
Ask: 1.40
Change: 0.00 (0.00%)
Spread: 0.20 (16.667%)
Open: 1.30
High: 1.375
Low: 1.30
Prev. Close: 1.30
JAN 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: Abingdon up on settlement; Jangada needs funding

Tue, 28th Jun 2022 11:26

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

----------

AIM - WINNERS

----------

Abingdon Health PLC, up 40.00 pence, 12-month range 7.00p-85.00p. The lateral flow test developer and manufacturer confirms that it has reached a settlement agreement with the UK Department for Health & Social Care on the outstanding invoices payable by DHSC for lateral flow tests and component stock. Abingdon says the agreement is in full and final settlement of the outstanding debt of GBP8.9 million, excluding interest. Once received, the funds will provide additional working capital and be deployed to help fund various growth initiatives, it adds.

----------

Symphony Environmental Technologies PLC, up 16% at 18.26 pence, 12-month range 13.66p-28.93p. The plastics and rubber technology developer signs a supply agreement with Mexican bread manufacturer Grupo Bimbo for its d2p antimicrobial technology. It says the agreement represent a "major commercial advance" for its d2p antimicrobial technology used in the plastic film of bread packaging. Symphony will supply its d2p antimicrobial masterbatch to Grupo Bimbo's nominated bread packaging manufacturer across the American continent for three years.

----------

IG Design Group PLC, up 16% at 79.00p, 12-month range 46.6p-570.00p. The consumer gift packaging company posts an annual revenue rise but delivered a sharp profit decline as supply chain issues hit margins. IG Design, however, expects a "slight" operating margin for the new year as it passes on cost inflation to customers. IG Design reports revenue of USD965.1 million in the year ended March 31, up 11% from USD873.2 million. Pretax profit, however, slumped 85% to USD2.2 million from USD14.7 million. Looking ahead, says operating margins are forecast to improve gradually over the year, particularly in Design Group Americas.

----------

AIM - LOSERS

----------

Jangada Mines PLC, down 22% at 3.65p, 12-month range 3.56p-10.80p. The mining company says its Pitomberias vanadium project in Brazil may need additional funding, and it cautioned on an uncertain timeline to production. Jangada warns that additional funding will be required for the Pitombeiras project as it moves towards production, a key goal for the group. As a result, Jangada is engaged in an ongoing assessment and will consider the sourcing of funding over the next three to nine months. The timing of construction of the plant is currently unknown, and the company cautioned it was too early to say definitively whether the project would move into production in 2022.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
15 Jan 2021 18:08

IN BRIEF: Jangada Notes ValOre's Successful Santa Amaro Drilling

IN BRIEF: Jangada Notes ValOre's Successful Santa Amaro Drilling

Read more
13 Jan 2021 21:58

UK TRADING UPDATE SUMMARY: SkinBioTherapeutics Starts Food Study

UK TRADING UPDATE SUMMARY: SkinBioTherapeutics Starts Food Study

Read more
18 Dec 2020 22:17

UK TRADING UPDATE SUMMARY: Yamana Completes Agua Rica Project

UK TRADING UPDATE SUMMARY: Yamana Completes Agua Rica Project

Read more
2 Dec 2020 20:39

IN BRIEF: Jangada Mines Notes ValOre Drilling Results At Pedra Branca

IN BRIEF: Jangada Mines Notes ValOre Drilling Results At Pedra Branca

Read more
20 Nov 2020 20:26

IN BRIEF: Jangada Investee ValOre Posts Anomalous Rhodium Assay Values

IN BRIEF: Jangada Investee ValOre Posts Anomalous Rhodium Assay Values

Read more
16 Nov 2020 21:20

IN BRIEF: Jangada Mines Identifies Target Areas At Pitombeiras Project

IN BRIEF: Jangada Mines Identifies Target Areas At Pitombeiras Project

Read more
10 Nov 2020 19:09

UK TRADING UPDATE SUMMARY: Global Ports Sees 99% Passenger Plunge

UK TRADING UPDATE SUMMARY: Global Ports Sees 99% Passenger Plunge

Read more
30 Oct 2020 15:05

IN BRIEF: Jangada Mines Posts Widened Loss Amid One-Off Headwinds

IN BRIEF: Jangada Mines Posts Widened Loss Amid One-Off Headwinds

Read more
28 Oct 2020 17:43

UK TRADING UPDATE SUMMARY: Shoe Zone Ends Financial Year On Back Foot

UK TRADING UPDATE SUMMARY: Shoe Zone Ends Financial Year On Back Foot

Read more
7 Oct 2020 18:20

UK TRADING UPDATE SUMMARY: Gym Group Fighting Fit With Fresh York Unit

UK TRADING UPDATE SUMMARY: Gym Group Fighting Fit With Fresh York Unit

Read more
29 Sep 2020 18:39

IN BRIEF: Jangada Mines To Switch To Calendar Financial Year-End

IN BRIEF: Jangada Mines To Switch To Calendar Financial Year-End

Read more
21 Sep 2020 21:20

IN BRIEF: Jangada's ValOre Adds Second Drill Rig At Brazil Project

IN BRIEF: Jangada's ValOre Adds Second Drill Rig At Brazil Project

Read more
14 Sep 2020 17:21

UK TRADING UPDATE SUMMARY: Henry Boot Unit In Voluntary Liquidation

UK TRADING UPDATE SUMMARY: Henry Boot Unit In Voluntary Liquidation

Read more
2 Sep 2020 06:51

IN BRIEF: Jangada Investee Posts Positive Pedra Branca Assay Results

IN BRIEF: Jangada Investee Posts Positive Pedra Branca Assay Results

Read more
26 Aug 2020 16:11

IN BRIEF: Jangada Investee Posts Positive Pedra Branca Drill Results

IN BRIEF: Jangada Investee Posts Positive Pedra Branca Drill Results

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.