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 picksPanther Metals Share News (PALM)

Share Price Information for Panther Metals (PALM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 5.15
Bid: 4.80
Ask: 5.50
Change: 0.00 (0.00%)
Spread: 0.70 (14.583%)
Open: 5.15
High: 5.15
Low: 5.15
Prev. Close: 5.15
PALM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: Novacyt Gets WHO Covid-19 Test Kit Okay

Wed, 08th Apr 2020 14:46

(Alliance News) - The following is a round-up of updates by London-listed companies on the impact of the Covid-19 pandemic, issued on Tuesday and Wednesday and not separately reported by Alliance News:

----------

Novacyt SA - clinical diagnostics - Says Covid-19 testing kit eligible for emergency use process, the fast tracking availability designation by the World Health Organization. Partners with AstraZeneca PLC, GlaxoSmithKline PLC and University of Cambridge to ramp up Covid-19 testing.

----------

Oxford Biomedica PLC - gene and cell therapy - Joins consortium of companies working on Covid-19 vaccine.

----------

Capital Drilling Ltd - mining services - Says final dividend will now be classed as an interim payout due to delay of holding annual general meeting amid Covid-19 lockdown.

----------

Panther Metals PLC - mineral exploration - Says directors pay has been cut by 51% and all service provider contracts have been suspended.

----------

Tri-Star Resources PLC - minerals processing - Says Covid-19 has had little impact on the Strategic & Precious Metals Processing LLC antimony and gold production facility, in which it has a 40% stake. Delays annual results as travel curbs means auditors unable to review SPMP accounts.

----------

Enteq Upstream PLC - oilfield services - Hurt by Covid-19 and fall in oil prices. Says it has cut US workforce by 60%. Expects earnings in line with expectations in year ended March 31, with revenue of USD11 million and adjusted earnings before interest, tax, depreciation and amortisation of USD3 million.

----------

Wentworth Resources PLC- natural gas - Says full-year results to be published later in April, following Financial Conduct Authority guidance. Expects results in line with internal expectations and company yet to be impacted by Covid-19.

----------

Porvair PLC - filtration and environmental technology - Supplying filtration equipment for ventilator makers across the globe, including to a UK consortium fronted by the Mercedes Formula One racing team. Does not believe it needs to change final dividend recommendation to save funds.

----------

Gooch & Housego PLC - optical components and systems manufacturer - Demand in Japan, South Korea and China improves but weaker in US and Europe. Expects "material short-term impact" from Covid-19. Says all UK manufacturing sites running but at reduced capacity.

----------

Remote Monitored Systems PLC - data collection and surveying - Says Cloudveil subsidiary sees increased demand, providing service to two security guarding firms managing risks associated to Covid-19.

----------

Osirium Technologies PLC - cybersecurity - Has seen little impact on trading from Covid-19 but has temporarily frozen new hires and cut non-discretionary spend. Renews contract with two UK regional police authorities for cyber-protection of 1,000 devices.

----------

Ethernity Networks Ltd - network technology and security - Covid-19 has not had "material impact" on trading, but company says directors have taken 50% pay cut, with 20% of the reduction deferred.

----------

Iconic Labs PLC - media and technology - Says online and social media Covid-19 fact-checking service Infotagion has had one million readers.

----------

Fastjet PLC- Africa-focused low cost airline - All airline employees have taken pay cuts as high as 30%, and non-essential workers on paid annual leave. In talks to dispose of holding in Zimbabwe subsidiary and has enough cash resources to continue operating until June.

----------

Centaur Media PLC - events and marketing - Cuts most of marketing costs, halts recruitment and furloughs some employees to save costs. Moved two The Lawyer events to the fourth quarter of 2020 from the second quarter. Plans for Festival of Marketing event to proceed in October. Defers annual general meeting to June 30 so final dividend payment delayed.

----------

Everyman Media Group PLC - cinema group - Raises GBP17.5 million in oversubscribed placing. Everyman placed 17.5 million shares at 100 pence each to shore up finances amid site closures due to Covid-19.

----------

Empresaria Group PLC - recruiter - Says demand slumped from mid-March due to Covid-19, forcing company to slash costs and furlough employees. Cancels final 2019 dividend and says no guidance for current financial year.

----------

Robert Walters PLC - recruiter - Reported 11% annual fall in first quarter net fee income to GBP87.4 million, including 29% plunge in UK alone. Says Covid-19 hurt first-quarter performance and expects even more challenging second quarter.

----------

St James House PLC - lottery and e-commerce operator - Says Astro Kings five-a-side football site joint-venture in Nottingham forced to close due to lockdown measures. Lottery division is largely unhurt by Covid-19 but reports minor impact on payments division.

----------

Marble Point Loan Financing Ltd - investment firm - Suspends declaration of dividends due to virus outbreak. Says difficult to predict Covid-19 impact on collateralized loan obligation market.

----------

RiverFort Global Opportunities PLC - investor - Seeing increasing number of investment opportunities despite pandemic. Says it is well-funded with cash balances of GBP2.8 million.

----------

Tavistock Investments PLC - fund manager - Says Covid-19 and UK government imposed lockdown to hurt company's performance. Adds no dividend will be paid at present and executive team have volunteered to waive "significant proportion" of income.

----------

Fiske PLC - stockbroker and investor - Says trading since late-February has been in line with board expectations and March commission revenue higher than usual due to market volatility. Has furloughed staff where possible.

----------

Urban Logistics REIT PLC - real estate investment trust - Only four of 38 properties in portfolio not operational due to Covid-19 lockdown measures. Says too early to outline full impact from virus. Acquires nine logistics sites for GBP56.1 million altogether.

----------

Real Estate Investors PLC - real estate investment trust - receives "high percentage" of rent due for March. Completed GBP779,000 worth of lease renewals, despite UK government lockdown.

----------

Zambeef Products PLC - food producer - Agrees to delay disposal of its Sinazongwe farm to April 24.

----------

Real Good Food PLC - food ingredients - Says revenue in year to March 31 in line with expectations, but March trading hurt by health crisis. Expects "material impact" on first-quarter sales.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
13 May 2024 20:46

IN BRIEF: Panther Metals investee reports Coglia study results

Panther Metals PLC - investor in and acquirer of companies within the natural resource sector - Notes Panther Metals Ltd reports scoping study results for the Coglia and cobalt project in Western Australia. Panther Metals PLC owns just under 24% of Panther Metals Ltd. Study shows a net present value, with an 8% discount, of AUD409 million, around GBP215.2 million.

Read more
13 May 2024 15:52

Director dealings: Panther Metals chairman ups stake

(Sharecast News) - Panther Metals revealed on Monday that chairman Nicholas O'Reilly had acquired 179,529 ordinary shares in the London-listed mineral exploration company.

Read more
7 May 2024 13:47

EARNINGS AND TRADING: Solid State and MTI Wireless win deals

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

Read more
24 Apr 2024 16:02

EARNINGS AND TRADING: Nichols trading in line; Ondine revenue doubles

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

Read more
22 Apr 2024 14:31

Panther Metals submits further exploration permit for Awkward drilling

(Alliance News) - Panther Metals PLC on Monday said it submitted a further exploration permit application for additional drilling on the Awkward Prospect at the Obonga project in Ontario, Canada.

Read more
3 Apr 2024 12:51

Fulcrum Metals signs letter of intent for sale of uranium projects

(Alliance News) - Fulcrum Metals PLC on Wednesday announced that it signed a letter of intent to sell its Saskatchewan uranium projects.

Read more
2 Apr 2024 13:24

Panther Metals looks to extend drilling at Canadian project

(Alliance News) - Panther Metals PLC on Tuesday said it had submitted an exploration permit application on a project in Canada.

Read more
12 Mar 2024 16:06

IN BRIEF: Panther Metals disposes of two million Fulcrum Metals shares

Panther Metals PLC - Isle of Man-based investor in and acquirer of companies within the natural resource sector - Sells 2.3 million of its shares in Fulcrum Metals PLC at an average price of 15.2 pence each. Fulcrum is a Worcestershire, England-based metals explorer. Following the transaction, Panther now holds 7.6 million shares in the company, representing around 15% of its issued share capital.

Read more
8 Mar 2024 20:03

TRADING UPDATES: Cindrigo seeks Croatian exploration licence extension

(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
1 Feb 2024 20:00

EARNINGS AND TRADING: Tandem FY sales down 17%; Hikma's opioid deal

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

Read more
15 Jan 2024 14:16

Fulcrum Metals notes Dahrouge's year-end uranium-focused reports

(Alliance News) - Fulcrum Metals PLC said that Dahrouge Geological Consulting Ltd completed year-end reports on Fulcrum's Charlot-Neely and Fontaine Lake uranium properties.

Read more
11 Jan 2024 10:31

IN BRIEF: Panther Metals shares rise on extra Obonga graphite assay

Panther Metals PLC - Canada-focused mineral exploration company - Announces updated graphite assay results for drill hole BBR22_AW-P1-1, based on additional samples targeting crystalline graphite at the Awkward prospect in its Obonga project, northwest Ontario. Results extend downhole intersection to 27.2 metres at 2.25% total graphitic carbon between 12 metres and 43.3 metres downhole. Company says historic data review notes graphite at surface and abundant in some units within the wider exploration area.

Read more
2 Jan 2024 12:11

IN BRIEF: Panther Metals rises amid expectations for growth in 2024

Panther Metals PLC - Canada-focused mineral exploration company - Says it is "well positioned" for accelerated growth in 2024. Chief Executive Officer Darren Hazelwood said: "External factors, such as the continued drive towards decarbonisation, renewable energy and electric vehicles has resulted in a global shift towards securing access to critical raw materials and metals, creating a favourable environment that Panther will leverage given our geographic positioning to serve the North American market." It also places "strategic emphasis" on the Obonga project situated within the highly prospective Obonga greenstone belt.

Read more
29 Dec 2023 11:16

Panther Metals takes options on mining claims to extend Obongo project

(Alliance News) - Panther Metals PLC on Friday said it has agreed to a purchase option over 35 single-cell mining claims in Ontario, Canada.

Read more
20 Dec 2023 12:13

IN BRIEF: Panther Metals cancels loan notes as project under budget

Panther Metals PLC - Canada-focused mineral exploration company - Gives update on financing arrangements. On November 20, agreed to issue in aggregate GBP300,000 in face value of 15% unsecured loan notes with a 12 month maturity, and warrants attached on a one-for-one basis with an exercise price of 3.3 pence each. The proceeds were meant to be used to fund Panther's inaugural diamond drilling programme at the Manitou Lakes project in Ontario, Canada.

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.