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 picksRenold Share News (RNO)

Share Price Information for Renold (RNO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 54.00
Bid: 54.00
Ask: 54.80
Change: 0.60 (1.12%)
Spread: 0.80 (1.481%)
Open: 54.00
High: 54.00
Low: 54.00
Prev. Close: 53.40
RNO 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: Abingdon Health rises on Covid self-test launch

Mon, 23rd Aug 2021 11:26

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

----------

AIM - WINNERS

----------

Abingdon Health PLC, up 30% at 39.50 pence, 12-month range 25.50p-136.65p. The rapid test developer launches its Covid-19 IgG antibody self-test manufactured in partnership with BioSure Ltd. The new test is CE marked, meaning it was assessed and deemed to meet EU safety, health and environmental requirements. It uses finger-prick blood and gives results of antibody status in 20 minutes. The test is in full manufacture at Abingdon Health's York and Doncaster facilities and will be useful in monitoring pre and post-vaccine immunity status, including potential booster vaccinations.

----------

Renold PLC, up 21% at 23.66p, 12-month range 8.10p-29.90p. The industrial chains and power transmission products supplier lifts its annual profit forecast after reporting a strong start to its new financial year. Renold says it saw continued "strong momentum" in the four months to July 31. Revenue for the period was up 14% annually to GBP62.5 million, a 20% constant currency hike. Order intake for the four-month period jumped 61% to GBP79.7 million, already ahead of the whole of the first half of financial 2021, which ended on March 31.

----------

Altus Strategies PLC, up 16% at 71.90p, 12-month range 50.00p-94.60p. The mining royalty company says it has partially completed that acquisition of a royalty interest in the producing Caserones copper mine in northern Chile. Altus has acquired 76% of the 0.418% net smelter return royalty interest for Caserones, with the remaining 24% expected to go through next week Wednesday. The net smelter return is expected to generate around USD3.2 million per year for Altus after tax.

----------

AIM - LOSERS

----------

Burford Capital Ltd, down 7.1% at 787.64p, 12-month range 518.29p-969.50p. The litigation finance provider says its commitments and deployments reached "record-breaking levels" in the first half of 2021, but expects a profit fall. Burford saw "robust" levels of new business during the six months to June 30. It made new commitments of over USD500 million, a company best, four times higher than a year earlier. In addition, it deployed USD399 million, more than treble year-on-year. The company posted realised gains of USD77 million during the half. However, it cautioned that 43% of matters in its portfolio have faced Covid-19-related delays. Some court dates have been delayed and the virus has also meant slower settlement activity.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
11 Feb 2016 11:12

DIRECTOR DEALINGS: Renold Finance Director Buys After Profit Warning

Read more
10 Feb 2016 10:35

WINNERS & LOSERS SUMMARY: Roxanne Labs Revenue Miss Hits Hikma Shares

Read more
10 Feb 2016 09:31

Renold plunges after profit warning

(ShareCast News) - Renold, the chains and power transmission specialist, warned that full year profits would be 13% lower than last year after sales in recent months were hit by weakness in many of its end markets. Sales are expected to fall 10% for the full year due to the significant volatility in

Read more
10 Feb 2016 08:56

Renold Warns On Annual Sales And Profit As Second Half Start Poorly

Read more
7 Dec 2015 08:56

Renold Further De-Risks Pension Scheme Liabilities In UK And Germany

Read more
17 Nov 2015 12:31

Renold jumps as interim pre-tax profit edges higher

(ShareCast News) - Shares in Renold jumped on Tuesday, after the power transmission company producer said its interim pre-tax profit rose despite a challenging market environment. In the first six months of the year, the group posted a 4.5% year-on-year increase in pre-tax profit to £4.6m, while rev

Read more
17 Nov 2015 09:32

Renold Profit Up On Better Margins; Acquires German Tooth Chain Maker

Read more
10 Nov 2015 16:01

Earnings, Trading Statements Calendar - Week Ahead

Read more
21 Jul 2015 07:28

LONDON BRIEFING: IG Shares Deflate As CEO Heads To Balloon Festival

Read more
21 Jul 2015 06:57

Renold First Quarter Sales Down But Operating Profit To Meet Guidance

Read more
21 Jul 2015 05:17

AGM, EGM Calendar - Week Ahead

Read more
20 Jul 2015 16:00

AGM, EGM Calendar - Week Ahead

Read more
26 May 2015 11:37

CORRECT: BROKER RATINGS SUMMARY: Jefferies Starts South32 At Buy, Deutsche At Hold

Read more
26 May 2015 08:40

BROKER RATINGS SUMMARY: Jefferies, Deutsche Bank Start South32 At Buy

Read more
26 May 2015 07:47

Renold Swings To Profit On Lower Costs And Fewer One-Offs Charges

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.