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Pin to quick picksStrategic Minerals Share News (SML)

Share Price Information for Strategic Minerals (SML)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 0.325
Bid: 0.30
Ask: 0.35
Change: 0.00 (0.00%)
Spread: 0.05 (16.667%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.325
SML Live PriceLast checked at -

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Australia shares gain for first day in 4; NZ also up

Wed, 04th Apr 2018 07:50

* Aussie and NZ shares of a2 Milk among top gainers on bothbenchmarks

* CBA, NAB and Westpac reverse trend to end higher(Updates to close)

By Susan Mathew

April 4 (Reuters) - Australian shares snapped a three-daylosing streak to end higher on Wednesday as real estate andconsumer stocks perked up after positive home building andretail sales data.

The S&P/ASX 200 index closed up 0.2 percent, or 9.5points, at 5,761.4.

Investors bought real estate stocks after data showed thatthough approvals to build new homes eased 6.2 percent inFebruary, overall home building is holding up better than manyanalysts had expected, with strength showing through in detachedhouses where approvals hit their highest in almost two years.

Mall operator stocks Scentre Group and propertydeveloper Mirvac Group rose 2.4 percent and 1.4percent, respectively.

Consumer stocks took heart from data showing that Australianretail sales rebounded, beating expectations, a sign thatconsumers may be coming out of the doldrums and contribute toeconomic growth.

Infant formula maker Bellamy's Australia, up 7.1percent, and dairy company a2 Milk, up 5.1 percent,were the top gainers on the benchmark.

Three of the 'Big four' were back in the black, after havingfallen earlier in the session, ending 0.3 percent to 0.8 percenthigher, while ANZ continued to fall.

On the ASX All Ordinaries index, Blue SkyAlternative Investments was the worst performer, down18.6 percent, as it resumed trading after U.S. short-sellerGlaucus Research Group claimed it had overstated its size,exaggerated performance and over-valued assets.

New Zealand's benchmark S&P/NZX 50 index fell 0.8percent, or 68.15 points, to finish the session at 8,398.08.

Dairy companies led gains with Synlait Milk rising 4.6percent and a2 Milk gaining 3.6 percent.

Air New Zealand climbed 3.6 percent. The airlinecompany said it would not renew its alliance with VirginAustralia, covering flights between the two countries, ending a7-year alliance between the two companies.

Virgin Australia shares ended 4.4 percent lower after theannouncement.(Reporting by Susan Mathew in Bengaluru; Editing by KimCoghill)

More News
17 Apr 2025 11:52

IN BRIEF: Strategic Minerals raises GBP1 million for mine in Cornwall

Strategic Minerals PLC - London-based miner has projects in South Australia, the US state of New Mexico, and the UK - Raises GBP1 million from the placing of 333.3 million new shares at 0.3 pence each. The fresh equity will fund work on the Redmoor tungsten-tin-copper mine in Cornwall. The placing was run by brokers Zeus Capital Ltd and SP Angel Corporate Finance LLP. The new shares represent 16.5% of the expanded total for Strategic Minerals.

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16 Apr 2025 09:55

AIM WINNERS & LOSERS: Strategic Minerals raises GBP1 million

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

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8 Apr 2025 06:59

Strategic Minerals gets UK grant for Redmoor project in Cornwall

(Alliance News) - Strategic Minerals PLC on Monday said subsidiary Cornwall Resources Ltd has finalised grant funding for more than GBP764,000 from the UK government.

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4 Apr 2025 18:29

TRADING UPDATES: Strategic Minerals sales up; 4Global wins contract

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

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3 Apr 2025 11:02

AIM WINNERS & LOSERS: Strategic Minerals posts quarterly sales growth

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

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3 Apr 2025 10:51

Strategic Minerals reports increased sales volume at Cobre

(Sharecast News) - Strategic Minerals reported a 38% year-on-year increase in sales volumes from its Cobre magnetite operation in New Mexico for the March quarter on Thursday, with 17,162 tonnes sold and revenue rising 41% to $1.18m.

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11 Feb 2025 14:22

Strategic Minerals finds further tungsten and copper at Cornwall site

(Alliance News) - Strategic Minerals PLC on Tuesday said it has identified additional tungsten and copper mineralisation at the Redmoor Project in Cornwall, England.

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20 Jan 2025 13:11

TRADING UPDATES: Checkit deal wins; Tertiary Minerals silver find

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

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29 Nov 2024 11:58

Strategic Minerals upbeat on UK critical minerals report

(Sharecast News) - Strategic Minerals was upbeat on Friday after news that tungsten and tin, key components of its wholly-owned Redmoor polymetallic tungsten deposit, retained their designation as 'critical minerals' in the 2024 UK Criticality Assessment.

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28 Nov 2024 14:34

Strategic Minerals extends Cobre access for two more years

(Sharecast News) - Strategic Minerals announced a two-year extension to its access agreement for the Cobre magnetite stockpile in New Mexico on Thursday, pushing the expiration date from 31 March 2027 to 31 March 2029.

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28 Nov 2024 12:24

IN BRIEF: Strategic Minerals gets two-year extension for Cobre access

Strategic Minerals PLC - Says its access to the Cobre magnetite stockpile in New Mexico has been extended by two years to March 31, 2029. The firm has also received a new purchase order for 2025 for up to 30,000 tonnes from one of its "major clients". Executive Director Mark Burnett says: "Combined with a significant new purchase order, this [extension] should underpin the revenue profile for Strategic Minerals into 2025 and beyond and provide scope to expand operations across the portfolio of Strategic Minerals assets." It expects full-year sales at Cobre to exceed USD4.5 million.

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28 Nov 2024 10:57

AIM WINNERS & LOSERS: eEnergy deal win; James Latham warns on recovery

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

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15 Oct 2024 14:22

TRADING UPDATES: Strategic Minerals touts improved Cobre sales

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

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15 Oct 2024 10:58

AIM WINNERS & LOSERS: Braveheart Investment swings to profit

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

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26 Sep 2024 10:37

AIM WINNERS & LOSERS: Phoenix Copper's loss balloons on admin costs

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

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