The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRockfire Share News (ROCK)

Share Price Information for Rockfire (ROCK)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.185
Bid: 0.18
Ask: 0.19
Change: -0.03 (-13.95%)
Spread: 0.01 (5.556%)
Open: 0.215
High: 0.20
Low: 0.185
Prev. Close: 0.215
ROCK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS: Rockfire interim loss widens due to increased expenses

Fri, 29th Sep 2023 12:21

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

----------

Galileo Resources PLC - mining company focused on Zambia, Zimbabwe, Botswana, South Africa and the US - Pretax profit increases 14% to GBP1.6 million in its financial year ended March 31, from GBP1.4 million the year prior. Says operating expenses rise to GBP1.3 million, from GBP753,321. Chair Colin Bird says: "I look forward to the coming year, realising one of our projects, any one of which could be transformational for the company and its shareholder."

----------

Rockfire Resources PLC - Australia and Greece-focused base metal, gold, and critical mineral exploration company - Pretax loss widens to GBP411,145 in the first half of 2023, from GBP302,582 the year prior. Says loss is due to expenses from subsidiary Hellenic Minerals SA. Says interest income was GBP1.00, up from no income. Adds that it is targeting the acquisition of Emirates Gold DMCC and Emperesse Bullion LLC. Says these acquisitions will be "potentially transformational".

----------

Essentially Group PLC - UAE-based health food company - Posts a 14% revenue increase to GBP593,164 in the first half of 2023, from GBP519,311 the year prior. Says pretax loss widens to GBP400,175, from GBP176,808 a year ago. Adds that retail footprint grew 53% during the first half, with benefit of expansion to "materialise in the coming months". Notes that it listed on Aquis in March.

----------

Woodbois Ltd - Africa-focused forestry, timber trading and afforestation company - Says revenue decreased 57% to USD4.9 million in the first half of 2023, from USD11.3 million a year ago. Adds that pretax loss was USD3.4 million, widening from USD489,000 the year before. Notes unseasonal weather in the first quarter affected operations, as did a military coup in Gabon in the third quarter. Says it is "optimistic" that the fourth quarter onwards will see an upturn in activity, and aims to deliver positive earnings before interest, tax, depreciation and amortisation and profitability in 2024. Chief Executive David Rothschild says: "2023 has been a very difficult year for the company thus far, but having weathered some pretty severe challenges and having re-built the company's balance sheet, we now are rebuilding production, performance and profitability across the company's divisions."

----------

Bluejay Mining PLC - Greenland and Finland-focused miner - Says it swung to pretax loss of GBP659,135 in the first half of 2023, from profit of GBP524,724 a year ago. Adds that cost of sales rose to GBP32,033, from nothing a year ago. Notes that it raised GBP600,000 after the period's end, which it says will set it up for a "transformational 2024" by enabling it to develop it projects. Says it will continue to explore and develop its projects, and is aiming to increase their value. Adds that it is still "extremely well positioned" to deliver on its strategy. Does not declare a dividend for the first half, unchanged from a year ago.

----------

By Harvey Dorset, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
28 Sep 2021 17:51

IN BRIEF: Rockfire Resources progresses drilling at Copperhead project

IN BRIEF: Rockfire Resources progresses drilling at Copperhead project

Read more
28 Sep 2021 15:54

Rockfire making good progress with drilling at Copperhead

(Sharecast News) - Gold and base metals exploration company Rockfire Resources updated the market on its exploration programme underway at its wholly-owned Copperhead porphyry project in Australia's north Queensland on Tuesday, reporting that the drilling of the first two exploration holes was complete, with a third hole currently in progress.

Read more
23 Sep 2021 12:09

TRADING UPDATES: Everyman sees post-lockdown demand; Safestyle profit

TRADING UPDATES: Everyman sees post-lockdown demand; Safestyle profit

Read more
17 Aug 2021 15:39

TRADING UPDATES: Chrysalis backs InfoSum; Argo Blockchain goes green

TRADING UPDATES: Chrysalis backs InfoSum; Argo Blockchain goes green

Read more
26 Jul 2021 20:23

TRADING UPDATES: Attraqt and tinyBuild trade in line in first half

TRADING UPDATES: Attraqt and tinyBuild trade in line in first half

Read more
24 Jun 2021 19:56

TRADING UPDATES: Vitec and Allergy Therapeutics lift full-year outlook

TRADING UPDATES: Vitec and Allergy Therapeutics lift full-year outlook

Read more
23 Jun 2021 16:09

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
1 Jun 2021 14:35

TRADING UPDATES: M&C Saatchi lifts guidance on new client wins

TRADING UPDATES: M&C Saatchi lifts guidance on new client wins

Read more
19 May 2021 19:33

TRADING UPDATES: Young's mulls asset sale; Ceres gets China investment

TRADING UPDATES: Young's mulls asset sale; Ceres gets China investment

Read more
19 May 2021 12:22

Rockfire reports 'strongly magnetic' drill targets at Copper Dome

(Sharecast News) - Gold and base metal exploration company Rockfire Resources announced results from 3D processing of helicopter magnetic data at its wholly-owned Copper Dome porphyry project in north Queensland, Australia on Wednesday.

Read more
6 May 2021 19:25

TRADING UPDATES: Superdry optimistic; Virgin Wines toasts demand surge

TRADING UPDATES: Superdry optimistic; Virgin Wines toasts demand surge

Read more
6 May 2021 15:05

Rockfire Resources raises £0.85m to fund drilling programmes

(Sharecast News) - Gold and base metal exploration and development company Rockfire Resources has successfully completed a placing of new shares, it announced on Thursday, raising gross proceeds of £0.85m, to fund a number of inaugural drilling programmes at the Copper Dome and Copperhead projects, as well as ongoing drilling at the Plateau Gold Deposit.

Read more
23 Apr 2021 10:32

Rockfire Resources says survey finds new targets at Plateau

Rockfire Resources says survey finds new targets at Plateau

Read more
23 Apr 2021 10:26

Rockfire Resources announces multiple new targets at Plateau

(Sharecast News) - Gold and base metals exploration company Rockfire Resources announced on Friday that a ground magnetic survey had highlighted multiple new target structures at its wholly-owned Plateau gold deposit in the north of the Australian state of Queensland.

Read more
14 Apr 2021 11:57

IN BRIEF: Rockfire survey returns larger target at Copper Dome project

IN BRIEF: Rockfire survey returns larger target at Copper Dome project

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.