focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLandore Share News (LND)

Share Price Information for Landore (LND)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2.95
Bid: 2.80
Ask: 3.10
Change: 0.175 (6.31%)
Spread: 0.30 (10.714%)
Open: 2.775
High: 3.05
Low: 2.75
Prev. Close: 2.775
LND 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: Ingenta shares up on on win of two contracts

Thu, 29th Jun 2023 10:33

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

----------

AIM - WINNERS

----------

Ingenta PLC, up 14% at 105.20 pence, 12-month range 85.01-134.95p. The company announces two key contract wins for its content distribution platform. These contracts have a total combined value of GBP2 million over a five-year period, with implementation revenue due to begin in the second half of 2023. Chief Executive Scott Winners says: "The deals announced today show further progress in the group's drive to expand its business development activities and follow on from the previously reported media customer win for the group's commercial IP management product. The latest deals include another addition to our growing NGO client base and a prestigious, globally recognised US scientific publisher." Ingenta adds that it expects its full-year results will be "comfortably" in-line with market expectations. Ingenta provides software and services to the publishing industry.

----------

Symphony Environmental Technologies PLC, up 11% at 7.50 pence, 12-month range 6.25-20.00p. The company says its financial performance in 2023 so far has "sharply improved" from 2022, with Symphony expecting to move back to profitability in the coming months. Says this improved performance is underpinned by its Middle East manufacturing and sales being on plan, lower administrative and distribution costs, and higher gross profit margins. Adds it is confident of delivering positive updates throughout 2023. Symphony develops technology to make ordinary plastic biodegradable.

----------

AIM - LOSERS

----------

Landore Resources Ltd, down 16% at 8.76 pence, 12-month range 8.72-22.00p. The Canada-focused precious and base metal exploration and development company raises GBP600,000 before expenses through a placing of shares at 9p each. The shares represent 5.5% of the company's share capital and are at a discount of 12% to its closing price of 10.38p on Wednesday. Explains each placing share has one warrant attached, with each warrant having the right to acquire on shares at an exercise price of 18p on or before the second anniversary of the admission of the placing shares. If the warrants were to be exercised in full in due course, this would result in the issue of 6.7 million shares raising a further GBP1.2 million for the development of the company's business, Landore says. Separately, company announces the appointment of Claude Lemasson as chief executive and the intended dual listing of the company on the TSX Venture Exchange, targeted for the third quarter of 2023.

----------

Science in Sport PLC, down 13% at 13.00 pence, 12-month range 5.25-48.00p. The sports nutrition company reports a widened annual loss and explains a challenging consumer environment, and supply chain issues adversely impacted the company. In 2022, pretax loss widens to GBP10.6 million from GBP5.3 million the year prior as its cost of goods increase to GBP36.8 million from GBP31.2 million and it records GBP1.1 million in new facility transition costs compared to GBP125,000 the year prior. Revenue rises to GBP63.8 million from GPB62.5 million. This revenue figure was impacted by the closure of its Russian business, port congestion issues in the US and supply chain issues, the company says. Looking forward, Chief Executive Stephen Moon says: "In 2023, we are well set for profitable growth, as evidenced by sales growth over the last four months. Our retail business, domestically and internationally, is delivering profitable growth, and our Amazon business is performing significantly above the same period last year."

----------

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
12 Jun 2019 15:01

Landore Resources Kicks Off BAM Deposit Work After Fundraise

(Alliance News) - Landore Resources Ltd on Wednesday announced the start of its drilling programme at the BAM gold deposit in Ontario, Canada.The programme will cover 4,500 metres, and the

Read more
20 Feb 2019 14:38

Landore Resources Confident In BAM Project On Preliminary Assessment

LONDON (Alliance News) - Landore Resources Ltd on Wednesday said the results of a preliminary economic assessment of its BAM gold project in Canada show its potential.Shares in Landore were

Read more
8 Jan 2019 14:15

Landore celebrates 53pc improvement in BAM Gold Deposit resource

(Sharecast News) - Landore Resources reported its updated mineral resource estimate on the BAM Gold Deposit on its Junior Lake Property in Ontario, Canada on Tuesday, saying the new modelling had "significantly increased" the resource to 28,826,000 tonnes at 1.03 grams per tonne, for 951,000 ounces of gold.

Read more
8 Jan 2019 10:02

Landore Reports Rise In Gold Resource Estimate For BAM Project

LONDON (Alliance News) - Landore Resources Ltd on Tuesday announced an increase in its mineral resource estimate for the BAM Gold Deposit in Ontario, Canada.Following the 2018 drilling on a

Read more
13 Dec 2018 12:18

Landore says Junior Lake resource estimate progressing well

(Sharecast News) - Landore Resources updated the market on the BAM Gold Deposit on its Junior Lake Property in Ontario, Canada on Thursday.

Read more
26 Oct 2018 12:13

Taheh International Holdings Drops Landore Resources Stake (ALLISS)

LONDON (Alliance News) - Landore Resources PLC said Friday that Taheh International Holdings had sold of its entire stake in the gold miner after a transaction on July 19.Taheh no longer in

Read more
24 Oct 2018 13:12

Landore Resources Intersects Gold Mineralisation At BAM Gold Deposit

LONDON (Alliance News) - Landore Resources Ltd said Wednesday it intersected "significant" gold mineralisation at its BAM gold deposit in Canada.The miner said that exploration at

Read more
24 Oct 2018 09:00

Landore hits 'significant' gold mineralisation at Canadian deposit

(Sharecast News) - Landore Resources has come across "significant" gold mineralisation to the east of its BAM Gold Deposit in Ontario, Canada.

Read more
24 Sep 2018 13:16

Landore Resources Finds Second Gold Mineralised Zone In BAM Deposit

LONDON (Alliance News) - Landore Resources Ltd said Monday that it has identified a significant gold mineralised zone 400 metres along strike to the west of the BAM Gold Deposit, on its Junior in

Read more
19 Sep 2018 09:45

Landore Resources narrows losses on decreased exploration and administrative expenses

(Sharecast News) - Landore Resources narrowed losses throughout the first of its trading year thanks to a significant reduction in exploration costs.

Read more
7 Aug 2018 12:31

Landore Resource Says Estimate Of BAM Gold Deposit In Canada Up 56%

LONDON (Alliance News) - Landore Resources Ltd said Tuesday an updated mineral resource estimate for its BAM gold deposit in Ontario, Canada increased gold estimates to 623,000 estimates put the a

Read more
1 Jun 2018 10:01

Landore Resources Loss Widens As It Finds More Resource At Junior Lake

LONDON (Alliance News) - Landore Resources Ltd on Friday said its loss widened in 2017 as it progressed its drilling campaign at Junior Lake Property in Canada.The mineral exploration loss

Read more
30 May 2018 10:46

WINNERS & LOSERS SUMMARY: Bodycote Rises On Warmer Outlook

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - WINNERS----------WM up J up

Read more
30 May 2018 10:30

Landore Resources Gets Positive Drilling Results On Junior Lake

LONDON (Alliance News) - Landore Resources Ltd's shares rose on Wednesday as the firm said it has found "widespread" gold in between its BAN and BAM East deposits in were up 10% on a

Read more
17 Feb 2017 12:41

Landore posts maiden resource estimate for BAM

(ShareCast News) - Landore Resources posted the maiden mineral resource estimate and report for the BAM East Gold Deposit on its Junior Lake Property, Ontario, Canada on Friday. The AIM-traded company confirmed a 301,000 ounce gold maiden resource estimate for the deposit, with a time frame of one y

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.