If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPower Metal Share News (POW)

Share Price Information for Power Metal (POW)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 12.75
Bid: 12.00
Ask: 13.50
Change: 0.00 (0.00%)
Spread: 1.50 (12.50%)
Open: 12.75
High: 12.75
Low: 12.75
Prev. Close: 12.75
POW Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Avation loss narrows; Franchise Brands profit rises

Thu, 03rd Mar 2022 19:32

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

----------

Avation PLC - Singapore-based commercial passenger aircraft leasing company - For the six months ended December 31, pretax loss narrows to USD15.9 million from USD60.5 million, due to a much lower impairment loss on aircraft and credit losses. Revenue drops 6% year-on-year to USD57.9 million from USD61.3 million. Avation's aircraft fleet stands at 42, however fleet assets declines 7.0% year-on-year to USD1.00 billion as at December 31 from USD1.08 billion at the end of June.

----------

Franchise Brands PLC - Manchester-based owner of ChipsAway, Willow Pumps and Metro Rod brands - For 2021, pretax profit rises 57% year-on-year to GBP5.8 million from GBP3.7 million the year before, on revenue which grows 17% year-on-year to GBP57.7 million from GBP49.3 million, with double digit sales from Metro Rod and Metro Plumb, as well as a strong recovery from the B2C division. Declares final dividend of 0.9 pence per share, bringing total payout to 1.5p, up 36% from 1.1p. Looking ahead, reports strong start to 2022, with continued sales growth in B2B.

----------

Poolbeg Pharma PLC - London-based pharmaceutical company - For the period from incorporation on March 19 to December 31, posts pretax loss of GBP2.3 million and no revenue as the company continues to develop its severe influenza treatment POLB 001.

----------

Crystal Amber Fund Ltd - Guernsey-based investment company - As at December 31, net asset value per share increases 11% year-on-year to 143.19 pence from 128.99p. For the six month period, delivered NAV negative return of 0.8%, compared to a 4.7% positive return from the Numis Small Cap Index.

----------

JPMorgan Global Growth & Income PLC - invests in companies around the world - As at December 31, net asset value per share increases 6.1% year-on-year to 459.1 pence from 432.3p, while for the six month period, NAV total return is 8.2%, compared to a 7.7% return from the MSCI AC World Index.

----------

t42 IoT Tracking Solutions PLC - Jersey-based provider of tracking, security and monitoring solutions for containers and freight - For 2021, operating loss widens to USD2.7 million from USD1.8 million, on revenue which declines 16% year-on-year to USD4.2 million from USD5.0 million due to supply chain issues and a performance turnaround only taking place near the end of 2021.

----------

Allergy Therapeutics PLC - Sussex-based biotechnology firm focused on allergy vaccines - For the six months ended December 31, pretax profit drops 54% to GBP7.3 million from GBP15.8 million a year before, due to a rise in costs and a 10% year-on-year decline in revenue to GBP48.7 million from GBP54.0 million, due to the strategic streamlining of older products. Looking ahead, company has a strong outlook for the full financial year with operating profit on track to meet consensus expectations.

----------

Power Metal Resources PLC - London-based metals exploration company focused in North America, Africa and Australia - For the year ended September 30, pretax loss narrows to GBP623,000 from GBP1.4 million the year before, due to smaller impairment charges, and a slight rise in revenue to GBP37,000 from GBP9,000

----------

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
22 Dec 2022 21:09

TRADING UPDATES: Ground Rents Income Fund's portfolio value drops

(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
20 Dec 2022 19:09

TRADING UPDATES: Egdon to buy Aurora Production UK; Mila finds gold

(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
15 Dec 2022 21:39

TRADING UPDATES: Serinus completes rig-up; Xtract concludes JV deal

(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
15 Dec 2022 14:35

Power Metal Resources Wilan Project merger to form exploration company

(Alliance News) - Power Metal Resources PLC on Thursday announced a merger of its Wilan Project with a number of other Australian exploration interests.

Read more
13 Dec 2022 20:38

TRADING UPDATES: Savannah Energy ends deal; Plaza signs addendum

(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
7 Dec 2022 18:03

IN BRIEF: Power Metal finds nickel sulphides at Molopo Farms

Power Metal Resources PLC - London-based exploration company with global operations - Notes a drilling update from the Molopo Farms Complex project, targeting a large-scale nickel and platinum group element discovery in southwestern Botswana. Says an initial review finds nickel sulphides at 327 metres at target area T1-3. Says grade of nickel can only be determined from assay testing. Adds that T1-6 samples from Molopo project undergoing assay testing.

Read more
5 Dec 2022 14:33

Power Metal says fieldwork progresses; prepares subsidiary for listing

(Alliance News) - Power Metal Resources PLC on Monday said lithium-focussed phase two follow-up fieldwork is now underway at the Selta project in Northern Territory, Australia, while it prepares its responsible subsidiary for listing.

Read more
2 Dec 2022 12:27

Power Metal anticipates commercialisation with high-grade results

(Alliance News) - Power Metal Resources PLC on Friday said it was pleased with phase one testing at its licences in Canada's Athabasca Basin, after test results delivered high-grade samples from Thibault Lake.

Read more
25 Nov 2022 13:39

Power Metal acquires North Wind lithium project by staking

(Alliance News) - Power Metal Resources PLC on Friday announced the acquisition by staking of the North Wind lithium project in Ontario, Canada.

Read more
18 Nov 2022 16:51

IN BRIEF: Power Metals ups stake in Kalahari Key to 88%

Power Metal Resources PLC - London-based exploration company, with projects in Africa, Australia and North America - Completes transaction to increase interest in Kalahari Key Minteral Exploration Pty Ltd. Following completion, Power Metal now holds 88% interest in Kalahari Key. Kalahari Key holds 100% interest in Molopo Farms Complex project, southwestern Botswana. Power Metal therefore holds 88% interest in Molopo Farms project as well.

Read more
7 Nov 2022 14:49

TRADING UPDATES: Mosman Oil & Gas achieves annual net output growth

(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
4 Nov 2022 16:52

IN BRIEF: Power Metal Resources to sell uranium property in Canada

Power Metal Resources PLC - London-based exploration company, with projects in Africa, Australia and North America - Announces the conditional disposal of its 100%-owned E-12 uranium property in Saskatchewan, Canada. Signs a property purchase agreement with Teathers Financial PLC to acquire ownership of the property, subject to its initial public offering in London to be completed by December 31. Consideration is payable in GBP250,000 of Teathers shares at issue price of 1.24 pence per share and the retention of a 2% net smelter return royalty over the property.

Read more
3 Nov 2022 18:18

TRADING UPDATES: Gulf Marine wins deal; Kitwave trades 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
28 Oct 2022 11:47

IN BRIEF: Power Metal gets regulatory approval for Kalahari purchase

Power Metal Resources PLC - London-based exploration company, with projects in Africa, Australia and North America - Says it has now received all regulatory approvals for acquisition of an additional 59% interest in Kalahari Key Mineral Exploration Pty Ltd.

Read more
27 Oct 2022 15:38

Power Metal says subsidiary on track to strike gold in Nevada

(Alliance News) - Power Metal Resources PLC on Thursday said it was optimistic about its investment in Golden Metal Resources Ltd, after a recent geophysical survey suggested the possibility of a Carlin-type gold discovery.

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.