Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBluejay Share News (JAY)

Share Price Information for Bluejay (JAY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.295
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.03 (10.714%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.295
JAY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: Virus Hits Mears But Tristel Gets Boost

Wed, 22nd Jul 2020 17:57

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

----------

Mears Group PLC - services provider to the UK's housing sector - Expects revenue from continuing activities in the first half to June 30 to fall 7.7% annually to GBP405 million from GBP439 million. Expects a pretax loss on continuing activities and before the amortisation of acquisition intangibles to be around GBP6.0 million, swinging from a GBP16.7 million profit. Expects a recovery in activity in second half, assuming Covid-19 infection levels remain low.

----------

Tristel PLC - Cambridgeshire-based manufacturer of infection prevention products - Results for year ended June 30 will be ahead of market expectations, with revenue coming in at GBP31.6 million, a 21% increase, and adjusted pretax profit rising at the same rate to GBP6.8 million. During the final four months of the year when Covid-19 impact was it its greatest, sales rose 30% annually.

----------

Barkby Group PLC - owner of businesses in real estate, consumer & hospitality and life sciences sectors - Withdraws forecast of Ebitda of GBP3.5 million for year ended June 30, due to Covid-19. Also secures GBP1 million loan under UK's coronavirus business interruption scheme. Notes Commercial Property Development completed construction of Hastings development in June. Hospitality arm made "positive" start to 2020 before Covid-19 interruption.

----------

Itaconix PLC - polymers maker - Expects revenue growth of 80% to USD1.1 million in six months to June 30. Notes several customers have boosted size of recurring orders due to increased demand amid Covid-19.

----------

Boku Inc - US-based mobile payments solution provider - Revenue for six months to June 30 expected to be at least USD24.7 million, a rise of 5.1% from USD23.5 million reported a year ago. Annual earnings before interest, tax, depreciation, and amortisation are expected in line with expectations and 65% higher from 2019.

----------

MobilityOne Ltd - e-commerce infrastructure payment solutions and platform provider - Says 50%-owned remittance firm OneTransfer Remittance Sdn Bhd signs money transfer agreement with MoneyGram Payment Systems Inc. Agreement means OTR customers can send money on MoneyGram platform.

----------

Blancco Technology Group PLC - data erasure firm with a sales office in Hertfordshire - Despite Covid-19 lengthening sales cycles, performance in year to June 30 was in line with market expectations with revenue inching 9.5% higher to GBP33.4 million from GBP30.5 million. Adjusted operating profit tipped to rise 14% to GBP4.0 million.

----------

Cloudcall Group PLC - cloud-based software firm with offices in Leicester, Sydney and Boston, US - Says revenue in six months to June 30 up 11% annually to GBP5.8 million. Recurring subscriptions up 20% to GBP5.1 million and users up 19% to 43,815.

----------

Quixant PLC - Cambridge-based technology outsourcer for gaming industry - Says key gaming unit sees "minimal" order over past three months as most clients closed due to Covid-19. The Densitron business unit however, has "experienced healthy demand from a range of industrial sectors".

----------

Empresaria Group PLC - West Sussex-based staffing firm - Profitable in both quarters during the six months ended June 30, despite Covid-19. Second quarter net fee income plunged 39% annually, contributing to a 22% fall in the whole of the first half to GBP28.2 million from GBP36.3 million. Made cost savings however, second quarter expenses were 30% lower year-on-year, after the first quarter when they fell 23%.

----------

Anexo Group PLC - Liverpool-based legal services provider - Trading continuing in line with expectations and plans to reinstate financial guidance for 2020 in its August interim report. Note some staff in its Bond Turner legal services division are returning to office working as Covid-19 lockdowns ease.

----------

Avacta Group PLC - Wetherby-based biotherapeutics firm - To begin clinical validation of Covid-19 laboratory test being developed by US-based Adeptrix as part of a UK government scheme.

----------

Resolute Mining Ltd - gold miner with assets in Senegal and Mali - Gold poured in quarter ended June down 3.2% to 107,183 ounces from 110,763 ounces in March. On track for 430,000 ounces poured in 2020.

----------

Alba Mineral Resources PLC - mineral exploration and development company with gold asset in Wales - Notes work activity as resumed at Clogau gold project, Wales following Covid-19 lockdown. Says priority for summer 2020 is completing underground bulk sampling programme, upon receipt of regulatory consent.

----------

Pure Gold Mining Inc Canada-based gold mine developer - Ontario Ministry of the Environment, Conservation & Parks approves and issues amended environmental compliance approval for air and noise emissions at Red Lake mine.

----------

Danakali Ltd - potash miner - Reports that notice of commencement of mine development at Colluli asset accepted by Eritrean Ministry of Energy & Mines.

----------

Predator Oil & Gas Holdings PLC - Jersey-based oil and gas company - Has made an offer to acquire Columbus Energy Resources PLC's stake in Inniss-Trinity CO2 project in Trinidad. Predator has option acquire interest for USD4.2 million but Predator's offer totalled USD1.8 million, so Columbus rejected.

----------

Jangada Mines PLC - natural resources company with vanadium asset in Brazil - reports "overwhelming success" from drilling campaign at its Pitombeiras vanadium project, Brazil. Received final five assay results received from the Goela target at project.

----------

Bluejay Mining PLC - explorer with assets in Greenland and Finland - Says agreement with "multinational commodity trading firm" at Dundas ilmenite project has increased. Offtake pact up 50% to between 250,000 and 300,000 tonnes per year, extending agreement by three months to October 31.

----------

Great Western Mining Corp PLC - mineral explorer with gold project in Nevada - Notes initial work has begun at the Trafalgar Hill, West Ridge and Rhyolite Dome targets at the Olympic Gold project in Nevada.

----------

Gunsynd PLC - London-based investment firm - Invests AUD200,000, about GBP110,000, in Eagle Mountain Mining Ltd, a copper and gold explorer. Forms part of Eagle Mountain's AUD3.0 million wider fundraising. The funds will finance a surface diamond drilling programme at its Oracle Ridge copper mine project.

----------

Dekel Agri-Vision PLC - West African focused agriculture company - Reports milling equipment for a cashew processing plant it is developing in Cote d'Ivoire has arrived at port of Abidjan from Italy as planned.

----------

Altus Strategies PLC - mining royalty firm - Reports preliminary economic assessment at Diba gold project, Mali. Reports a pretax net present value of USD115 million and a post-tax net present value of USD81 million.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
3 May 2024 20:10

TRADING UPDATES: Eqtec trading in line; Surface Transforms fundraise

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

Read more
29 Apr 2024 19:47

IN BRIEF: Bluejay Mining jv identifies drill targets in West Greenland

Bluejay Mining PLC - Greenland and Finland-focused mineral exploration company - Provides update on the Disko-Nuussuaq Ni-Cu-Co-PGE-Au project in West Greenland run by its joint venture company Nikkeli Greenland A/S, in collaboration with KoBold Metals. Says analysis by KoBold's technical teams has identified seven initial priority targets within the project. These targets exhibit characteristics indicative of potential deposits on a scale comparable to renowned mining operations. To de-risk drilling, the targets will undergo a focused ground-loop electromagnetic survey to refine and prioritize each locality appropriately. Explains the lead-time necessary to secure specialized drilling equipment far exceeded what would have been possible in 2024. Accordingly, does not expect drilling at the project during the course of 2024. Elsewhere, all Nikkeli licenses remain in good standing without the need for additional expenditure.

Read more
19 Apr 2024 11:54

Bluejay to explore "compelling" opportunities beyond battery metals

(Alliance News) - Bluejay Mining PLC on Friday announced the expansion of its corporate strategy.

Read more
19 Apr 2024 09:16

Bluejay to broaden into helium and industrial gases

(Sharecast News) - Bluejay Mining announced a strategic decision to broaden its corporate scope, expanding into the exploration and development of helium, industrial gases, and hydrocarbons, on Friday.

Read more
16 Apr 2024 20:16

TRADING UPDATES: Nexteq confident of meeting full-year expectations

(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
2 Apr 2024 19:02

TRADING UPDATES: Roadside shares suspended; Adnams looks for funds

(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
12 Feb 2024 17:32

Bluejay Mining cuts 80% of workforce in cost saving drive

(Alliance News) - Bluejay Mining PLC on Monday updated shareholders on cost reduction initiatives, underlining its "commitment to financial resilience and operational efficiency."

Read more
9 Feb 2024 14:29

IN BRIEF: Bluejay Mining fires Exploration VP for gross misconduct

Bluejay Mining PLC - London-based base metals and gold explorer and developer with projects in Greenland and Finland - Terminates employment of Joshua Hughes, vice president of its Exploration division, due to gross misconduct. Following an investigation, Bluejay Mining found that Hughes had set up a competing business intended to operate in Greenland and, in breach of his employment contract, found that he had misused company confidential and proprietary information in securing exploration licences surrounding the Dundas Titanium project. He also sought to conceal certain of these actions from Bluejay.

Read more
17 Jan 2024 14:14

IN BRIEF: Bluejay Mining completes raise with directors' help

Bluejay Mining PLC - London-based base metals and gold exploration and development company with projects in Greenland and Finland - Raises GBP1.2 million through a placing of 400 million shares at 0.4p. New members of Bluejay's board of directors contributed GBP150,000 to this fundraising effort, which the company on Tuesday said would go towards financing field activities, travel, legal and administrative costs, as well as providing general working capital. The company says the funds will allow it to "restore faith and focus on the company's assets and reinvigorate momentum on its portfolio of high quality projects".

Read more
16 Jan 2024 18:41

UPDATE: Bluejay Mining completes GBP1.2 million placing

Bluejay Mining PLC - base metals and gold exploration and development in Greenland and Finland - Raises GBP1.2 million via placing of 300 million shares at 0.4p. Earlier, the firm said it intended to raise GBP1.1 million via placing of 280 million shares. Proceeds will fund field activities and travel, legal and administrative costs, project divestment activities, regulatory and licensing costs and for general corporate and working capital purposes. The placing was conducted via an accelerated bookbuild process.

Read more
16 Jan 2024 18:08

Bluejay Mining looks to raise GBP1.1 million via placing

Bluejay Mining PLC - base metals and gold exploration and development in Greenland and Finland - Proposes to raise GBP1.1 million via placing of 280 million shares at 0.4 pence each. The placing is to take place in two separate tranches, with the initial around 150 million shares being issued and any further shares only issued following the passing of the resolutions at the general meeting. Proceeds will fund field activities and travel, legal and administrative costs, project divestment activities, regulatory and licensing costs and for general corporate and working capital purposes. The placing to be conducted via an accelerated bookbuild process.

Read more
27 Dec 2023 12:57

DIRECTOR DEALINGS: Two Rio Tinto execs sell GBP7.8 million in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced in the past week and not separately reported by Alliance News:

Read more
22 Dec 2023 14:46

Director dealings: Bluejay Mining's Roderick McIllree raises stake

(Sharecast News) - Bluejay Mining revealed on Friday that non-executive director Roderick McIllree had acquired 10.0m ordinary shares in the AIM-listed exploration and production company.

Read more
21 Dec 2023 13:18

UPDATE: Bluejay Mining picks new chair amid board shuffle

Bluejay Mining PLC - Greenland and Finland-focused miner - Appoints Mike Hutchinson as non-executive chair, replacing Robert Edwards, who has been executive chair since October 2022. Bluejay also names Eric Sondergaard as managing director, having previously been chief operating officer. Adds Troy Whittaker, Roderick McIllree and Harry Ansell to the board as non-executive directors, while Edwards, Peter Waugh and Bo Stensgaard leave the board immediately, though with Stensgaard remaining as a company employee. Bluejay corrects its announcement on Wednesday, clarifying that Whittaker is a non-executive director only, not COO. "In due course, the new board will update shareholders regarding the implementation of a new strategy that will focus solely around developing the Disko magmatic massive sulphide project in Greenland," Hutchinson says.

Read more
20 Dec 2023 11:44

IN BRIEF: Bluejay Mining picks new chief operating officer and chair

Bluejay Mining PLC - Greenland and Finland-focused miner - Appoints Troy Whittaker as board director and chief operating officer. Bluejay also installs Mike Hutchinson as non-executive chair, replacing Robert Edwards, who has been executive chair since October 2022. Edwards, Peter Waugh and Bo Stensgaard leave the board immediately, though with Stensgaard remaining as a company employee. Roderick McIllree and Harry Ansell join as non-executive directors. "In due course, the new board will update shareholders regarding the implementation of a new strategy that will focus solely around developing the Disko magmatic massive sulphide project in Greenland," Hutchinson says.

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.