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Pin to quick picksShanta Gold Share News (SHG)

Share Price Information for Shanta Gold (SHG)

London Stock Exchange
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Share Price: 14.75
Bid: 14.70
Ask: 14.80
Change: 0.00 (0.00%)
Spread: 0.10 (0.68%)
Open: 14.76
High: 14.76
Low: 14.75
Prev. Close: 14.75
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AIM WINNERS & LOSERS: Shanta reserves impress; XLMedia casino arm hurt

Tue, 01st Feb 2022 11:06

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

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AIM - WINNERS

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Shanta Gold Ltd, up 16% at 7.84 pence, 12-month range 6.50p-17.50p. The gold miner says new reserve estimate for all of its East Africa projects as of December is 404,000 ounces, topping 382,000 ounces a year earlier. Ounces added amount to 128,000, while ounce depletion totals 90,000 while a further 16,000 ounces are lost to resource optimisation. Shanta noted it was the third consecutive year in which it has replaced all mined ounces of gold through exploration.

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Omega Diagnostics Group PLC, up 13% at 8.20 pence, 12-month range 6.50p-117.98p. Shares in the Alva, Scotland-based medical diagnostics company stage a partial rebound after a 33% fall on Monday. Omega on Monday had confirmed it is in talks with investors over a possible equity raise, following "recent online speculation".

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UK Oil & Gas PLC, up 7.0% at 0.11 pence, 12-month range 0.095p-0.48p. The onshore exploration and production firm, with assets in the UK and Turkey, says a planned 2D seismic acquisition over the proposed Basur-3 sidetrack in Turkey has been sealed. "Drilling of B-3S is scheduled to commence upon receipt and interpretation of fast-track seismic processing results, currently expected within the first quarter of 2022," UK Oil & Gas adds.

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AIM - LOSERS

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Joules Group PLC, down 41% at 69.69p, 12-month range 69.00p-310.00p. The British lifestyle retailer warns on annual profit and says trading in the third quarter of its financial year disappointed its own expectations. Revenue in the nine weeks ending January 30, part of its third quarter, rises 31% annually but is behind board expectations. Joules now expects adjusted pretax profit for the financial year of no less than GBP5 million, meaning as much as 18% below GBP6.1 million from financial 2021. Shares set new 12-month low.

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XLMedia PLC, down 11% at 34.72p, 12-month range 0.32p-40.00p. The marketing firm, operating in online gaming, personal finance and sports, warns of "trading pressures" in its European Casino assets as well as "negative regulatory change" in its Finnish Casino arm. For 2021, XLMedia expects revenue of USD66.6 million, in line with expectations and up 22% from USD54.8 million. "Whilst the group expects the US Sports vertical to deliver strong growth in FY22, this will be, in part, offset by the managed decline of the European Casino vertical and restructuring of the Personal Finance vertical," XLMedia explains.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
29 Mar 2022 20:13

IN BRIEF: Shanta Gold increases total resources at West Kenya project

Shanta Gold Ltd - east Africa-focused gold producer, developer and explorer - West Kenya Project's total project resources increases 31% to 1.55 million ounces of gold grading 6.18 grams per tonne, alongside a more than tripled rise in Indicated resources to 378,000 ounces at a grade of 11.70 grams per tonne.

Read more
9 Mar 2022 18:14

IN BRIEF: Shanta Gold raises West Kenya project resource estimate

Shanta Gold Ltd - east Africa-focused gold producer, developer and explorer - Confirmation of new potential at Ramula target and six proximal targets has led to a 37% increase in total resources at the West Kenya project to 1.6 million ounces.

Read more
28 Feb 2022 20:36

TRADING UPDATES: Tortilla teams with Compass; Strix in cyber attack

(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
16 Feb 2022 14:04

Shanta Gold reports positive findings from West Kenya drilling

(Sharecast News) - East Africa-focussed Shanta Gold updated the market on exploration at the West Kenya Project on Wednesday, where a second phase drilling programme was aiming to convert resources to Indicated at Isulu-Bushiangala.

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16 Feb 2022 11:01

Shanta Gold jumps as West Kenya project drilling shows great results

(Alliance News) - Shanta Gold Ltd said on Wednesday that the latest phase of drilling at its West Kenya project delivered the company's most consistently high-grade drilling programme.

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14 Feb 2022 22:18

TRADING UPDATES: CentralNic expects revenue growth ahead of views

(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
1 Feb 2022 11:54

Shanta Gold soars as replaces all mined ounces with new reserves

Shanta Gold soars as replaces all mined ounces with new reserves

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24 Jan 2022 19:12

TRADING UPDATES: Mirriad's US growth; Spectra Systems wins deals

TRADING UPDATES: Mirriad's US growth; Spectra Systems wins deals

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7 Dec 2021 14:39

Shanta Gold shares fall 24% after cut to 2021 production guidance

Shanta Gold shares fall 24% after cut to 2021 production guidance

Read more
7 Dec 2021 11:29

AIM WINNERS & LOSERS: Shanta Gold cuts guidance; Naked Wines upgraded

AIM WINNERS & LOSERS: Shanta Gold cuts guidance; Naked Wines upgraded

Read more
7 Dec 2021 09:32

LONDON BROKER RATINGS: Deutsche Bank raises NatWest, cuts Barclays

LONDON BROKER RATINGS: Deutsche Bank raises NatWest, cuts Barclays

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29 Nov 2021 21:59

TRADING UPDATES: Seplat Energy eyes Exxon asset; Zenith inks contract

TRADING UPDATES: Seplat Energy eyes Exxon asset; Zenith inks contract

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23 Nov 2021 06:43

IN BRIEF: Shanta Gold drills to extend life of New Luika in Tanzania

IN BRIEF: Shanta Gold drills to extend life of New Luika in Tanzania

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22 Nov 2021 15:08

Shanta Gold upbeat on latest drilling results from New Luika

(Sharecast News) - East Africa-focussed gold producer Shanta Gold updated the market on exploration drilling at the New Luika Gold Mine in south western Tanzania on Monday, relating to drilling conducted in the third quarter.

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