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Pin to quick picksSunrise Res Share News (SRES)

Share Price Information for Sunrise Res (SRES)

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AIM WINNERS & LOSERS: Sunrise results good; Surface gets brake deal

Tue, 17th Aug 2021 11:23

(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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Sunrise Resources PLC, up 4.9% at 0.23 pence, 12-month range 0.19p-0.39p. Sees "early strength" from preliminary results from two commercial concrete pours of natural pozzolan from CS Pozzolan-Perlite deposit in Nevada. Said seven-day concrete strengths exceed the 24-day target strengths after just 7 days curing. Also, notes all customer trials for expansion of Horticultural grade perlite now completed for 100-tonne bulk sample. Executive Chair Patrick Cheetham said: "We are delighted to be announcing these exciting results which come after a number of frustrating delays. The preliminary results from the concrete pours using CS natural pozzolan are first-rate and, we anticipate, will provide the basis for a more structured arrangement with the CRMC carrying out this work."

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Surface Transforms PLC, up 5.0% at 65.10 pence, 12-month range 20.87p-79.00p. Selected as a tier one supplier of a carbon ceramic brake disc to an undisclosed US automotive company. The Liverpool, England-based manufacturer of carbon ceramic products said all terms and conditions have been agreed. The lifetime revenue on this contract is estimated to be GBP20 million commencing in mid 2024. Annual revenue is estimated to be GBP5 million per year from 2025 to 2027 inclusive, with approximately half that sum in 2024 and 2028.

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AIM - LOSERS

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Gattaca PLC, down 8.4% at 226.30 pence, 12-month range 44.00p-272.00p. Expects to report annual results ahead of market forecasts but below prior year's levels. The Fareham, England-based employment agency said continuing net fee income for the six months to July 31 was 7% higher than for the six months to January 31, with the full year net fee income at GBP42.5 million, lower than GBP52.8 million the year earlier, reflecting the market impact of the Covid-19 pandemic. Gattaca noted that its front line headcount increased by 13% since January whilst it was tightly managing the overall cost base. Consequently, subject to final adjustments and audit, the company said it expects continuing underlying pretax profit for the financial year that ended on July 31 to be in excess of GBP3 million, beating market consensus of GBP2.7 million. A year ago, the company posted continuing underlying pretax profit of GBP4.6 million.

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Shield Therapeutics PLC, down 10% at 43.77 pence, 12-month range 33.00p-139.45p. Excited about its long-term prospects despite swinging to loss in the first half of 2021. The Newcastle, England-based pharmaceutical company reported a swing to pretax loss of GBP7.6 million in the six months to the end of June from GBP2.7 million profit posted a year earlier. Revenue plummeted to GBP481,000 from GBP8.9 million year-on-year. Shield Therapeutics explained that revenue arised entirely from royalties from Norgine in respect of sales of Feraccru in Europe. A year ago, revenue came from the upfront payment received from ASK Pharm on entering into the license agreement for the development and commercialisation of Feraccru in China. In addition, selling, general and administrative expenses grew to GBP6.1 million from GBP4.8 million in the first half of 2020. Research and development expenditure widened to GBP1.6 million from GBP681,000 year-on-year.

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By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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27 Apr 2018 10:45

WINNERS & LOSERS SUMMARY: RBS Slides On Pending US DoJ Penalty

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - LOSERS----------Royal Bank of a

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27 Apr 2018 08:50

Sunrise Resources Shares Rise As It Moves Closer To First Perlite Deal

LONDON (Alliance News) - Shares in Sunrise Resources PLC surged early Friday as it signed a memorandum of understanding which could lead to the first sales contract for perlite from the CS project

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Sunrise Resources See "Positive" Results From Baker's Gold Exploration

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India's sugar surplus set to rise as output to reach a record this year - assoc

* Sugar surplus to rise to 5.3 mln T for 2017/18 crop year - WISMA * Surplus above previous estimate of 4.5 mln T from national assoc. By Rajendra April 2 (Reuters) - sugar surplus a

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27 Mar 2018 14:37

Sunrise Resources Submits Samples For Perlite And Pozzolan Testing

LONDON (Alliance News) - Sunrise Resources PLC said Tuesday it has completed drill sample compositing and all composites have now been submitted for perlite and pozzolan as of

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UPDATE 1-India scraps sugar export tax to boost exports, cut inventory

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14 Feb 2017 11:37

Sunrise Resources' shares dive as EP Minerals quits lease

(ShareCast News) - Shares in Sunrise Resources are down almost 13% after the AIM-quoted company said EP Minerals, LLC gave unexepected notice to terminate its lease of the County Line Diatomite claims. The claims are in Nevada, USA. Sunrise said the receipt of notice was unexpected as EP Minerals

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1 Feb 2017 17:11

Sunrise Resources Issues Shares To Tertiary Minerals For Fee Payment (ALLISS)

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25 Jan 2017 11:51

Sunrise commissions concept study at Nevada pozzolan project

(ShareCast News) - Diversified mineral exploration and development company Sunrise Resources advised the market of the commissioning of a concept study on Wednesday, for the development of its CS natural pozzolan project in Nevada and to provide further details of the work programme proposed for the

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22 Dec 2016 11:23

Sunrise Resources upbeat on Pozz Project test results

(ShareCast News) - Sunrise Resources said first test results from the CS Deposit are excellent and that it looks forward to progressing the commercial aspects of the Pozz Project in 2017. The Pozz Project comprises two separate mineral deposits -- the CS and Pozz Ash Deposits -- in different parts o

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14 Dec 2016 14:42

Sunrise Resources widens loss as development continues

(ShareCast News) - Diversified mineral exploration and development company Sunrise Resources posted its audited results for the year to 30 September on Wednesday, with nil revenue and a total loss for the year of £0.37m, widening from £0.3m last year. The AIM-traded firm said that made for a basic a

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14 Dec 2016 10:31

Sunrise Resources Sees Potential For Royalty Stream In 2017

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14 Nov 2016 10:23

Sunrise Resources buys second pozzolan deposit in Nevada

(ShareCast News) - Diversified mineral explorer Sunrise Resources has expanded its Pozz project in Nevada with the acquisition of second deposit with potential for natural pozzolan production. There are 15 claims staked in the new area covering the second pozzolan deposit, which meets international

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Sunrise Resources buys stake in industrial mineral project in Nevada

(ShareCast News) - Diversified mineral explorer Sunrise Resources has bought a stake in an industrial mineral project in Nevada as part of its corporate strategy to build up a cash-generating portfolio in the western US. After the AIM-listed company's US subsidiary SR Minerals bought the ridge limes

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