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Pin to quick picksStm Grp. Share News (STM)

Share Price Information for Stm Grp. (STM)

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Share Price: 57.50
Bid: 55.00
Ask: 60.00
Change: 0.00 (0.00%)
Spread: 5.00 (9.091%)
Open: 57.50
High: 57.50
Low: 57.50
Prev. Close: 57.50
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CORRECT: AIM WINNERS & LOSERS: Brave Bison Charges Ahead

Wed, 03rd Feb 2021 11:20

(Correcting that European Metals Holdings is issuing Chess depositary interests.)

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

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AIM - WINNERS

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Galantas Gold, up 20% at 18.50p, 12-month range 7p-27p. The Omagh gold mine owner says it has reached a commercial blasting agreement with the police service of Northern Ireland. The new arrangements are designed to permit underground blasting to be expanded to achieve commercial production levels.

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European Metals Holdings, up 13% at 66.60p, 12-month range 8.2p-84p. The mineral exploration and development company says it has received firm commitments for a private placement worth AUD7.1 million, equivalent to around GBP4 million. EMH has received commitments for a placement of 6.5 million Chess depositary interests at an issue price of AUD1.10 each. The proceeds of the placement will assist in the further development of the Cinovec lithium project and further general working capital.

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Brave Bison, up 12% at 1.57p, 12-month range 0.67p-1.59p. The social media and marketing group says it has been selected by Hero Caribbean Premier League to manage the cricket organisation's YouTube content, channels, rights, monetisation and audience development. Under the new contract, both companies will work to grow and optimise Hero Caribbean's YouTube channel which currently has 823,000 subscribers. Brave Bison will act as a consultant on best practices and creative and innovative content strategies.

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STM Group, up 11% at 29.92p, 12-month range 18p-42p. The financial services provider says it expects its earnings for 2020 to surpass 2019. STM expects 2020 revenue of GBP24.0 million, earnings before interest, tax, depreciation and amortization of GBP3.6 million, and pretax profit of GBP2.0 million. For comparison, in 2019, STM posted pretax profit of GBP3.9 million on revenue of GBP23.3 million. Ebitda for 2019 was GBP3.5 million.

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Harvest Minerals, up 11% at 2.67p, 12-month range 1.67p-4.38p. The remineraliser producer says 2020 KP Fertil orders totalled 54,155 tonnes, beating its 50,000 tonnes target for the year. 2021 sales guidance is targeted at 80,000 tonnes.

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AIM - LOSERS

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Scancell Holdings, down 7.0% at 13.25p, 12-month range 4.15p-20.9p. The immunotherapies developer notes the end of its clinical development partnership with charity Cancer Research UK for SCIB2, a treatment for patients with solid tumours. Scancell said that due to the impact of the Covid-19 pandemic and the re-evaluation by Cancer Research UK's centre for drug development of their collaboration model, "the parties have come to a mutual agreement" to end their partnership for the company's 'ImmunoBody' vaccine, or SCIB2.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
17 Oct 2016 14:15

STM Group launches new pension products for Australia and Europe

(ShareCast News) - Cross-border financial services provider STM Group announced the launch of its Australian, superannuation qualifying, recognised overseas pension scheme based out of Gibraltar on Monday. The AIM-traded company had previously identified Australia as a target market and, it "is plea

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13 Sep 2016 14:23

STM Group numbers slip as it acquires London & Colonial

(ShareCast News) - Multi-jurisdictional financial services company STM Group announced its unaudited interim results for the six months to 30 June on Tuesday, with revenue down to £7.9m, compared with £8.3m a year ago. The AIM-traded firm's EBITDA for the period was £1.3m, down from £1.6m, and profi

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13 Jul 2016 12:18

STM client numbers below expectations in Brexit aftermath

(ShareCast News) - STM Group, an international financial services provider, has had fewer clients sign up to their pension schemes than expected due to the uncertainty surrounding Brexit. The group's pension division particularly the Qualifying Recognised Overseas Pension Scheme (QROPS) has been the

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13 Jul 2016 09:43

WINNERS & LOSERS SUMMARY: Poundland Jumps On Steinhoff Takeover Deal

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13 Jul 2016 07:52

STM Shares Fall As Interim Profit To Decline On Brexit Uncertainty

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11 May 2016 15:05

AGM, EGM Calendar - Week Ahead

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1 Mar 2016 10:25

WINNERS & LOSERS SUMMARY: Slowing US Growth Knocks Ashtead Shares

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1 Mar 2016 09:18

STM Group Starts Dividends After Higher Margin Products Pay Off

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23 Feb 2016 16:08

Earnings, Trading Statements Calendar - Week Ahead

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29 Jan 2016 12:19

STM Director Appeals After Malta Regulator Takes Action

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19 Jan 2016 18:38

STM Group CEO steps down

(ShareCast News) - STM Group chief executive officer Colin Porter has stepped down, according to a corporate statement issued on Tuesday. The AIM-quoted financial services company said Porter was leaving to pursue an opportunity in a non-competing industry in the United States. Alan Kentish, direct

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19 Jan 2016 08:29

STM Group Chief Executive Colin Porter Resigns For US Role

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1 Sep 2015 07:42

STM Group Profit Surges On Consistent Revenue And Margin Growth

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1 Sep 2015 05:20

Earnings, Trading Statements Calendar - Week Ahead

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28 Aug 2015 15:09

Earnings, Trading Statements Calendar - Week Ahead

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