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Pin to quick picksOrosur Mining Share News (OMI)

Share Price Information for Orosur Mining (OMI)

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Share Price: 4.80
Bid: 4.60
Ask: 5.00
Change: 0.05 (1.05%)
Spread: 0.40 (8.696%)
Open: 4.75
High: 5.15
Low: 4.75
Prev. Close: 4.75
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TRADING UPDATES: Aurora Investment Trust beats annual benchmark

Fri, 29th Apr 2022 19:34

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

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Aurora Investment Trust PLC - investment company - Net asset value total return for 2021 stands at 19.1%, compared to the benchmark, the FTSE All-Share Index, which returned 18.3%. As at December 31, net asset value per share increased 19% to 253.49 pence from 213.39p the same date a year prior.

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Honye Financial Services Ltd - Cayman Islands-based company seeking acquisitions in financial services and financial technology - For the six months ended January 31, pretax loss narrows to GBP75,430 from GBP345,241 the same period a year prior, due to lower administrative costs and one-off other income of GBP192,922 through directors Wanbao Xu and Yu Wing Xu waiving their unpaid salaries.

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Ceiba Investments Ltd - investment firm dedicated to investing in Cuba, with interests in the commercial and tourism real estate sectors - As at December 31, net asset value per share declines 18% to USD1.16 from USD1.41 the same date a year before.

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Neometals Ltd - London-based battery materials from upstream extraction and downstream processing - As at March 31, cash balance stands at AUD65.2 million. During the three month period, for the lithium-ion battery recycling project stage 2 refining trials are complete, and at the vanadium recovery project a feasibility study for the SSAB project has advanced during the quarter and is on-track for completion by the end of June.

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Riverstone Energy Ltd - energy investor - Net asset value per share as at March 31 is USD14.97, up 21% from the figure at the end of 2021, driven by stronger performances from portfolio firms Onyx, Centennial, Hammerhead and Enviva. Total invested capital stands at USD70 million, while realisations came up to USD66.6 million. As at March 31, portfolio has potential unfunded commitments at March 31 of USD13 million.

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AEX Gold Inc - Greenland-focused gold miner - For 2021, net loss widens to CAD24.7 million from CAD12.3 million the year before, as exploration and administrative expenses continued to rise, following the completion of the 2021 exploration programme at the Nalunaq project. Exploration was also conducted at the Vagar Ridge and Nanoq Gold targets.

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Sovereign Metals Ltd - Perth-based rutile exploration and development company focused in Malawi - At Kasiya project, mineral resource estimate is upgraded to 1.8 billion tonnes at 1.01% rutile and 1.32% graphite, equating to 18 million tonnes of contained rutile and 23 million tonnes of contained graphite. Company has started an updated scoping study to examine the impact of higher grades, increased production volumes and increased mine life. Looking ahead, demand for high-grade titanium dioxide feedstocks continued to remain strong.

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Acceler8 Ventures PLC - Jersey-based acquisitions company - For the nine months ended December 31, reports pretax loss of GBP383,783, reflecting operating expenses from professional services and listing expenses. Looking ahead, company does not expects to pay dividends in the "foreseeable future" at its current stage of development.

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Hemogenyx Pharmaceuticals PLC - London-based biotechnology company - For 2021, pretax loss widens to GBP5.1 million from GBP2.1 million the year before, driven by a hike in finance costs to GBP2.6 million as a result of a repayment in principal and interest to settle the convertible loan facilities from Orgenesis Inc.

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Red Rock Resources PLC - gold explorer in Kenya and Australia, copper-cobalt in DRC - For the six months ended December 31, posts loss of GBP1.5 million, widening from GBP430,000 a year prior,as a result of higher administrative, project development and exploration expenses, following the completion of reverse circulation drill programmes in Kenya for gold and Congo for copper and cobalt.

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Caracal Gold PLC - gold producer with operations in East Africa - Says is making headway with three-phase operational plan is well underway at flagship Kilimapesa gold mine In Kenya, looks to increase gold production to 24,000 ounces per annum and improve efficiencies. Foe 2021, revenue up at GBP4.4 million from GBP1.0 million year before and pretax loss widens to GBP8.4 million from GBP836,000 in 2020.

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Sherborne Investors (Guernsey) C Ltd - funds set up with the specific policy of investing in one company, decided by investment manager Sherborne Investors Management LP, the investment vehicle of activist investor Edward Bramson - Posts net asset value per share as at December 31 at 82.93 pence per share, up 38% from 60.21p the same date a year before.

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Orosur Mining Inc - South American gold exploration and development company - For the third quarter ended March 31, net loss narrows to USD37,000 from USD1.2 million the same period a year prior, mainly due to a share-based compensation of USD41,000 compared to a charge of USD859,000.

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By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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