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 picksLexington Gold Share News (LEX)

Share Price Information for Lexington Gold (LEX)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 5.20
Bid: 5.10
Ask: 5.30
Change: 0.00 (0.00%)
Spread: 0.20 (3.922%)
Open: 5.20
High: 5.20
Low: 5.20
Prev. Close: 5.20
LEX Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS AND TRADING: Celebrus swings to profit; Aquila revenue flat

Mon, 27th Nov 2023 14:00

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

----------

Celebrus Technologies PLC - Middlesex, England-based data management platform, formerly known as D4t4 Solutions PLC - Says revenue in the six months to September 30 grew 60% to GBP13.0 million from GBP8.1 million the year before. Swings to pretax profit of GBP252,000 from a GBP1.1 million loss in the first half of financial 2023. Lifts interim dividend by 4.5% to 0.92 pence per share from 0.88p per share a year prior. Looking ahead, it says it is confident in achieving its full year market expectations of GBP32.1 million in revenue and GBP5.4 million in adjusted pretax profit. Chief Executive Officer Bill Bruno says: "Several key steps have been taken to further our strategy in the first half of the financial year. Not only have we delivered the expected results and continue to remain confident in our ability to meet market expectations for the full year, but we have continued to invest in Sales and Marketing and are seeing the positive effects in the form of building pipeline momentum... We continue to focus on driving ARR and our ability to build scalable, single-tenant, cloud-based environments for our Celebrus customers."

----------

Aquila Services Group PLC - London-based management consultancy services provider - Says revenue in the first half of its financial year ending March 31 is unchanged year-on-year at GBP5.9 million. Pretax profit drops 69% to GBP93,000 from GBP302,000 the year before. Interim dividend remains unchanged YoY at 0.25p per share. Looking ahead, notes a positive outlook for the second half of the year.

----------

Concurrent Technologies PLC - Essex, England-based designer and manufacturer of computer boards -

Expects to deliver full-year revenue ahead of market expectations of GBP27 million. Says revenue for the six months to December 31 is expected to be "substantially higher" than a year ago, due to the "strength of order intake over the preceding 24 months enabled by the significant investment in product development undertaken to facilitate new customers and design wins." CEO Miles Adcock says: "The performance of the team across the company has been exceptional throughout the year and, coupled with the continued easing of supply chains, we have seen revenue run rates almost double when compared to historical norms. Our success with design wins provides confidence that order intake moving forward will continue the current level of strong performance which will position us well to enjoy further growth through [2024] and beyond.

----------

San Leon Energy PLC - Nigeria-focused oil and gas production, development and exploration company -

Says it has not received payment of up to USD187 million from Tri Ri Asset Management Corp. Says it continues to work with TRAM to "understand the reasons for the delay and to enable funds to be released." Previously confirmed that all conditions precedent to its investment have been satisfied, and requested draw down of the USD125.0 million convertible secured loan. Says that Tri Ri Asset has confirmed that payment has been made.

----------

Lexington Gold Ltd - Signs deal with Discovery Drilling for 2,000 metre drill programme at the Bothaville project in Witwatersrand Gold Basin, South Africa. Expects drilling to start in mid-December. Chair Ed Nealon says: "This initial drilling campaign is being undertaken on the very prospective Bothaville NE tenements located 70 km NE of the world-famous Welkom Goldfield. The target is the shallow A-Reef horizon which subcrops at a depth of only 250m. Previous drilling has indicated good grades for the A-Reef and at such a shallow depth this represents a viable target for the economic development of a Witwatersrand reef horizon. This is a very interesting start to Lexington's campaign seeking to discover a new and viable gold reef horizon in a region of obvious gold mineralisation."

----------

TruSpine Technologies PLC - London Gatwick Airport-based medical device company - Continues to be in talks with the US Food & Drug Administration over its 510(k) application for Cervi-LOK. Last month, the FDA confirmed it had completed the technical screening of TruSpine's 510(k) submission, which was submitted in late July, but sought further clarification on certain matters. The application was placed on technical screening hold "until such time the relevant information requested has been provided to the FDA", adding that the submission could remain on hold until March 25 next year. Cervi-LOK is a screw free spinal stabilisation system.

----------

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
16 Apr 2024 10:27

Lexington Gold completes drilling at South Carolina mining project

(Alliance News) - Lexington Gold Ltd on Tuesday said its gold, silver and copper exploration drill programme at its Jennings-Pioneer project in the US state of South Carolina has now been completed.

Read more
25 Mar 2024 17:31

EARNINGS AND TRADING: RTC back in profit but Goldplat earnings fall

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

Read more
25 Mar 2024 15:41

Lexington Gold makes progress in US, South Africa

(Sharecast News) - Lexington Gold updated the market on its ongoing drill programmes at the Jennings-Pioneer project in the US and the Bothaville project in South Africa on Monday.

Read more
11 Mar 2024 13:35

Lexington Gold inks deal with Logan Drilling for work in Carolina

(Alliance News) - Lexington Gold Ltd on Monday said that it has signed a contract with Logan Drilling Group to start this year's drilling programme at the Jennings-Pioneer project on the Carolina Slate Belt in the US.

Read more
26 Feb 2024 20:17

TRADING UPDATES: Begbies trading in line; Probiotix inks partnership

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

Read more
26 Feb 2024 15:47

UK shareholder meetings calendar - next 7 days

Tuesday 27 February 
abrdn Diversified Income & Growth PLCAGM
Asian Energy Impact Trust PLCGM re annual accounts
Custodian Property Income REIT PLCGM re merger with abrdn Property Income Trust Ltd
JPMorgan Mid Cap Investment Trust PLCGM 2nd re merger with JPMorgan Mid Cap
LondonMetric Property PLCGM re merger with LXi REIT Plc
Victorian Plumbing Group PLCAGM
Vinanz LtdAGM
Wednesday 28 February 
abrdn Property Income Trust LtdGM re merger with Custodian Property Income REIT PLC
Beacon Rise Holdings PLCEGM re continued pursuit of an acquisition
Downing Strategic Micro-Cap Investment Trust PLCGM re managed wind-down
Image Scan Holdings PLCAGM
PPHE Hotel Group LtdEGM re waiver of mandatory offer provisions
Verditek PLCGM re disposal of solar business
Thursday 29 February 
Capital for Colleagues PLCAGM
Home REIT PLCAGM
IntegraFin Holdings PLCAGM
Intuitive Investments Group PLCAGM
Shanta Gold LtdGM re acquisition by ETC Holdings
Vast Resources PLCGM re capital reorganisation
Watkin Jones PLCAGM
Zytronic PLCAGM
Friday 1 March 
Virgin Money UK PLCAGM
Monday 4 March 
Ascent Resources PLCGM re bonus issue of preference shares
JPMorgan Emerging Europe, Middle East & Africa Securities PLCAGM
Lexington Gold LtdAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
26 Feb 2024 14:12

Lexington Gold pleased with recent drilling at Bothaville

(Sharecast News) - Lexington Gold updated the market on its 2023-2024 drilling programme at the Bothaville Project in the Witwatersrand Gold Basin of South Africa on Monday, where it started drilling in early December, reporting significant milestones.

Read more
30 Jan 2024 16:20

Lexington Gold reports drilling progress at Bothaville

(Sharecast News) - Lexington Gold updated the market on its 2023-2024 drilling programme at the Bothaville Project in South Africa's Witwatersrand Gold Basin on Tuesday.

Read more
30 Jan 2024 14:20

TRADING UPDATES: Lexington completes Bothaville drilling phase

(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
8 Dec 2023 13:40

Lexington Gold launches Bothaville drilling programme

(Sharecast News) - South Africa and US-focussed explorer and developer Lexington Gold has initiated its 2023-2024 drilling program at the Bothaville Project in the Witwatersrand Gold Basin of South Africa, it announced on Friday.

Read more
8 Dec 2023 12:17

IN BRIEF: Lexington Gold starts drilling programme at Bothaville

Lexington Gold Ltd - gold exploration and development company with projects in the US and South Africa - Says 2023/24 drilling programme at the Bothaville project in the Witwatersrand Gold Basin in South Africa. Campaign aims to confirm and expand the gold mineralisation area intersected in historic third-party drilling. Main exploration targets are the Kimberley Formation's gold-bearing conglomerates. Company expects drilling programme to take between two and three months, "in light of a scheduled Christmas shutdown period".

Read more
17 Oct 2023 14:25

IN BRIEF: Lexington Gold sells 26% of White Rivers to selected partner

Lexington Gold Ltd - gold exploration and development company with projects in the US states of North and South Carolina - Completes 'broad-based black economic empowerment' partnership arrangements for White Rivers Exploration Proprietary Ltd. As previously announced, says it was the sole owner of WRE for an interim period post-completion of the acquisition of WRE, pending a 26% interest being transferred to its selected B‑BBEE partner. Says it has now completed agreements with Letsema Holdings Proprietary Ltd as its B-BBEE partner, in accordance with South African mining law and its prospecting rights obligations. As a result, Lexington Gold now owns 74% of WRE. Letsema is a black South African owned, family office and diversified long-term investment holding company.

Read more
7 Sep 2023 20:27

TRADING UPDATES: Tintra receives bid approach; NCC trading in line

(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
4 Sep 2023 12:42

IN BRIEF: Lexington Gold shares fall as reports widened interim loss

Lexington Gold Ltd - gold exploration and development company with projects in the US states of North and South Carolina - Says the first half of the year was "particularly successful" as it reports a slightly widened loss. In the six months ended June 30, Lexington reports a pretax loss of USD402,000, widened from USD367,000 the year prior as its operating expenses tick up to USD397,000 from USD363,000. Says it spent the first half of 2023 assessing new gold exploration opportunities, as well as the advancement of its existing US projects. As at June 30, the company's assets total USD5.2 million, up from USD5.1 million as at December 31.

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.