We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKendrick Resources Share News (KEN)

Share Price Information for Kendrick Resources (KEN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.35
Bid: 0.30
Ask: 0.40
Change: -0.025 (-6.67%)
Spread: 0.10 (33.333%)
Open: 0.35
High: 0.35
Low: 0.35
Prev. Close: 0.375
KEN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS UPDATES: Hostmore revenue jumps, Aminex loss halves

Fri, 28th Apr 2023 19:39

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

----------

Hostmore PLC - West Sussex, England-based owner of casual dining brand Fridays and cocktail bar and restaurant brand 63rd+1st - Reports total revenue in the 52 weeks to January 1 rose 23% to GBP195.7 million from GBP159.0 million, a year ago, while earnings before interest, tax, depreciation and amortisation fell to GBP31.1 million from GBP34.5 million. Basic loss per share was 77.8 pence widened from 1.3p before while loss from operations totalled GBP91.9 million compared to a profit of GBP11.0 million. Adds the cost reduction exercise was completed in the first quarter of the new financial year, reducing overheads by GBP1.8 million on an annualised basis. Adds revenue in the first 16 weeks of the new financial year is 2% higher year-on-year.

----------

Aminex PLC - Africa-focused oil and gas company - Reports loss for the year to December 31 of USD4.1 million halved from a USD8.6 million loss a year prior. Says company now debt free following share placement. Highlights further reduction in gross general and administration costs USD1.46 million in 2022, a cut of 19% from 2021 and a significant reduction from 2018 levels when cost control measures commenced. Expects 2023 to be a decisive year with significant information flow regarding multiple work streams.

----------

Hiro Metaverse Acquisitions I SA - special purpose acquisition company sponsored by Hiro Sponsor - Reports pretax loss of GBP5.3 million in the year to December 31 widened from GBP152,288 a year prior with loss per share of 0.41 pence compared to 0.04p.

----------

Financials Acquisition Corp - Cayman Islands-based special purpose acquisition company - Reports interest income in period from incorporation August 31 to December 31 of GBP1.5 million. Net loss before finance expense was GBP16.9 million with a basic loss per share of 5.64 pence. Says "We remain confident that we will be able to announce a business combination within the time constraints referred to in the prospectus."

----------

Pineapple Power Corp PLC - cash shell with a focus on acquisitions in clean and renewable energy sectors - Reports pretax loss in year to December 31 of GBP367,956 narrowed from GBP1.0 million a year prior. Loss per share totalled 0.0057 pence compared to 0.0170p.

----------

Kendrick Resources PLC - London-headquartered mineral exploration and development company - Reports pretax loss of GBP1.0 million in the 12 months to December 31 widened from GBP325,000 a year prior while loss per share narrowed to 0.68 pence from 2.90p. Says despite strong global headwinds the company has made significant progress during the period. "We feel as we advance our project base, Kendrick will assume a position where its full market potential is realised," chair Colin Bird states.

----------

African Pioneer PLC - Namibia-focused exploration and development company - Reports pretax loss in the year to December 31 of GBP670,871 compared to restated profit of GBP273,471 a year prior. Basic loss per share totalled 0.35 pence compared to earnings per share of 0.24p before. Net asset value at December 31 was GBP5.4 million down from GBP6.1 million the year before. Says "We are confident that African Pioneer has an excellent copper resource base and is well positioned for such corporate activity."

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
29 Apr 2024 20:47

IN BRIEF: Kendrick Resources loss widens as admin costs rise

Kendrick Resources PLC - London-based, Scandinavia-focused mineral exploration and development company - Reports pretax loss of GBP1.1 million in 2023 widened from GBP1.0 million a year earlier. Administrative cost increase to GBP580,287, up from GBP418,294.

Read more
22 Apr 2024 20:03

EARNINGS AND TRADING: Zenova's Kitemark award; Carnival's eyes savings

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

Read more
8 Feb 2024 13:59

IN BRIEF: Kendrick confirms vanadium mineralisation at Airijoki

Kendrick Resources PLC - London-based, Scandinavia-focused mineral exploration and development company - Says drilling confirms additional vanadium mineralisation to the north of the existing Airijoki JORC mineral resource in Sweden, initiating the next stage of project development. Chair Colin Bird says: "I am delighted to see that this drilling campaign testing the northern extension to the existing 44.3 [metric tonnes] Airijoki JORC Resource carries good whole rock Vanadium grades as well as Vanadium magnetite concentrate grades, demonstrating the potential to add to the existing resource at Airijoki."

Read more
7 Feb 2024 13:32

IN BRIEF: Kendrick Resources discovers new drill targets at Espedalen nickel complex

Kendrick Resources PLC - London-based, Scandinavia-focused mineral exploration and development company - Announces delineation of new nickel drill targets at following ground magnetic and electromagnetic surveys at its Espedalen nickel complex in Norway. Says the surveys have identified two prospective areas with a magnetic signature similar to the near-surface main zone of the known mineralisation. Chair Colin Bird says: "The successful 2023 diamond drill programme achieved notable [nicker-copper] intercepts over a strike length of 1.2 kilometres. These new geophysical survey results provide the evidence and motivation to expand the resource at the Stormyra deposit located within the Espedalen nickel and copper complex. The results will form part of further technical studies leading to drilling. The opportunity to build on the historical mineral resource of 1.1 metric tonnes at 1.1% nicand 0.50% copper is looking extremely likely, placing Stormyra as the forefront deposit within the Espedalen complex for development."

Read more
12 Oct 2023 12:21

IN BRIEF: Kendrick confirms vanadium mineralisation at Airijoki

Kendrick Resources PLC - London-based Scandinavia-focused mineral exploration and development company - Completes Airijoki extension drill programme in Vittangi, Sweden, drilling a total of 1,394 metres drilled from eight holes. Confirms continuity of vanadium mineralisation and undertakes drilling on two licences within seven contiguous licences. Says remaining five licences are prospective for both vanadium and copper. They will be subject to follow-up exploration.

Read more
29 Sep 2023 21:19

EARNINGS: Tan Delta revenue jumps; Kendrick Resources loss widens

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

Read more
21 Aug 2023 10:47

Kendrick Resources in diamond exploration drill programme in Sweden

(Alliance News) - Kendrick Resources PLC on Monday announced that it started a diamond exploration drill programme in Airijoki, Sweden.

Read more
7 Aug 2023 11:51

Kendrick Resources agrees to buy owner of two Swedish nickel assets

(Alliance News) - Kendrick Resources PLC on Monday said it signed a share sale and purchase agreement with EMX Royalty Corp to acquire all of EV Metals AB, which owns the Njuggtraskliden and Mjovattnet nickel exploration licences in Sweden.

Read more
24 May 2023 20:14

TRADING UPDATES: More Acquisitions cancels Megasteel buy; PCI-PAL rosy

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

Read more
24 Apr 2023 14:01

Kendrick Resources issues GBP4.4 million in shares for EMX purchases

(Alliance News) - Kendrick Resources PLC on Monday said it will issue shares worth GBP4.4 million in relation to its acquisition of three exploration projects in Norway.

Read more
20 Apr 2023 20:02

TRADING UPDATES: Manolete Partners reports record new case investments

(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
29 Mar 2023 14:52

Kendrick Resources touts possibility of vanadium at Sweden asset

(Alliance News) - Kendrick Resources PLC on Wednesday remained optimistic about the prospects of its Airijoki project, following the discovery of other targets within the suite of licences.

Read more
24 Mar 2023 14:28

IN BRIEF: Kendrick Resources completes drill programme at Espedalen

Kendrick Resources PLC - exploration company focused on Norway, Sweden and Finland - Says its maiden exploration drill programme targeting the Stormyra deposit at Espedalen, located in Norway, has been completed. Says the first two batches of drill core have been dispatched for processing and assay with the third and final batch currently being prepared. Adds that the team is assessing other nickel targets and anomalies within the Espedalen area to follow up. Executive Chair Colin Bird says: "The Espedalen Nickel drilling programme has progressed well. Our local team has interacted with the community, keeping interested parties informed and we plan to hold a further meeting once we are able to display drill core and corresponding assays."

Read more
3 Feb 2023 13:41

TRADING UPDATES: Somero revenue short of outlook; SigmaRoc optimistic

(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

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.