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Pin to quick picksPanther Metals Share News (PALM)

Share Price Information for Panther Metals (PALM)

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Share Price: 4.65
Bid: 4.50
Ask: 4.80
Change: 0.00 (0.00%)
Spread: 0.30 (6.667%)
Open: 4.65
High: 4.65
Low: 4.65
Prev. Close: 4.65
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SMALL-CAP WINNERS & LOSERS: Hostmore falls as interim loss widens

Wed, 21st Sep 2022 11:26

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

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SMALL-CAP - WINNERS

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Ten Entertainment Group PLC, up 5.0% at 198.40 pence, 12-month range 183.00p - 285.01p. Swings to a pretax profit of GBP21.0 million from a loss of GBP10.8 million in the six months ended June 30. Revenue surges to GBP63.2 million from GBP10.6 million. The bowling alley operator says it is "delighted" with the growth as last year it benefited significantly from exceptional sales due to UK 'staycations' and the initial pent-up demand from the release of Covid restrictions. Notes record breaking February and May half-term trading in the half, as well as an "exceptional" Easter. Adds the positive sales trend continued to the end of the first half despite a very hot summer when, traditionally, bowling and other indoor activities aren't favoured.

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Galliford Try Holdings PLC, up 4.0% at 163.20 pence, 12-month range 145.80p - 213.00p. Swings to a pretax profit of GBP19.1 million before exceptional items in the year ended June 30 from a loss of GBP11.4 million the previous year. Exceptional items relate to the acquisition of nmcn's water business and its investment in a cloud-based IT system. After exceptional items, profit fell 53% to GBP5.4 million from GBP11.4 million. Revenue rises by 9.7% to GBP1.24 billion from GBP1.13 billion, resulting primarily from growth in the company's infrastructure section, the construction firm explains.

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Panther Metals PLC, up 6.5% at 5.70 pence, 12-month range 5.00p - 14.92p. Reports positive findings from a gold-focussed soil geochemical sampling programme conducted on the firm's recently acquired Shear Gold Manitou Lakes Project in Canada. Explains all three soil survey grids conducted during this first programme have identified anomalous areas of gold in soil with a "significant proportion" of the results returning "highly significant" gold. Chief Executive Darren Hazelwood was the team will be back on site before the end of September.

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SMALL-CAP - LOSERS

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Hostmore PLC, down 6.8% at 22.00 pence, 12-month range 21.00p - 156.24p. In the six months ended July 3, the Friday's restaurant chain owner reports a widened pretax loss of GBP17.1 million. The previous year it posted a loss of GBP11.2 million. Revenue surges to GBP98.5 from GBP39.9 million. However, underlying administrative expenses jump to GBP70.2 million from GBP50.9 million. Adds that the 10 weeks since July 3 has seen like-for-like revenue 14% below the comparable period in financial 2019 due to weaker consumer demand. Expects trading conditions to remain challenges due to inflationary pressures and the risk of higher utilities.

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Cobra Resources PLC, down 5.6% at 1.70 pence, 12-month range 1.10p - 3.20p. Narrows its pretax loss to GBP226,953 in the six months to June 30 from GBP842,631 the previous year. Total assets at June 30 falls to GBP845,916 from GBP1.1 million at the same time a year prior. Looking forward, the firm says it is focused on the continuation of exploration activities, including the re-analysis of the Thompson and Anderson prospects. Expects to update its gold mineral resource and its maiden rare earth resource estimate before the end of the year.

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By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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5 Apr 2023 12:56

Panther Metals agrees to sell Australia asset interest for GBP200,000

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TRADING UPDATES: Fulcrum hails Big Bear find; Aminex's Ruvuma progress

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Fulcrum Metals raises GBP3.0 million via AIM initial public offering

(Alliance News) - Fulcrum Metals PLC on Tuesday said it raised GBP3.0 million via an initial public offering, as its shares began trading on AIM in London on Tuesday.

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10 Feb 2023 11:50

Panther Metals notes Fulcrum announces initial public offering pricing

(Alliance News) - Panther Metals PLC on Friday said it noted Fulcrum Metals PLC announced the successful pricing of an initial public offering to raise GBP3 million in gross proceeds.

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TRADING UPDATES: Lords sells business; Atome wins joint venture deal

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30 Jan 2023 14:23

TRADING UPDATES: Empire Metals confirms copper; Mosman hails progress

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

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8 Dec 2022 15:24

Panther Metals hails Australian opportunities on gold lode discovery

(Alliance News) - Panther Metals PLC on Thursday said that it has discovered multiple new gold-rich quartz lodes at its asset in Australia, following on from exploration drilling at the site.

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TRADING UPDATES: Renalytix hails trial results; Kingswood buys JFP

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24 Nov 2022 14:13

IN BRIEF: Panther Metals finishes phase one drilling at Obonga project

Panther Metals PLC - Canada-focused mineral exploration company - Completes the first phase of its diamond drilling programme at the Obonga project in Ontario, with 9 drill holes finished over a total of 1,500 metres drilled. The Obonga programme began on October 25 to target multiple high priority electromagnetic and magnetic geophysical anomalies prospective for volcanogenic massive sulphide hosted copper base metal mineralisation and intrusion hosted nickel, platinum and palladium.

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25 Oct 2022 11:55

IN BRIEF: Panther Metals says drilling at Obonga in Canada starts

Panther Metals PLC - mineral exploration in Canada - Says diamond drilling programme at Obonga project, the first of five prospect areas, has begun. Says helicopter and first diamond drilling rig arrived at site and mobilised to start drilling at the Wishbone prospect yesterday. At Wishbone, Panther says it is targeting the base metals copper, lead and zinc as well as potential silver and gold.

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19 Oct 2022 16:41

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

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18 Oct 2022 09:59

Panther Metals expands soil program as precursor to drilling campaign

(Alliance News) - Panther Metals PLC on Tuesday said it has begun a second soil programme at the Manitou Lakes project in Ontario, Canada.

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TRADING UPDATES: Scirocco repays loan; Vp says rail strikes slow works

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

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