The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksThor Energy Share News (THR)

Share Price Information for Thor Energy (THR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.05
Bid: 1.00
Ask: 1.10
Change: 0.00 (0.00%)
Spread: 0.10 (10.00%)
Open: 1.05
High: 1.05
Low: 1.05
Prev. Close: 1.05
THR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

LONDON AIM WINNERS & LOSERS: Ironridge Rallies On Ewoyaa Study Results

Tue, 19th Jan 2021 10:37

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

----------

AIM WINNERS

----------

Ironridge, up 45% at 21.00 pence. The Australia-based minerals exploration company reported "exceptional" scoping study results at the Ewoyaa lithium project in Ghana, with the study supporting the business case for 2.0 million tonnes per year production operation with life of mine revenue exceeding USD1.55 billion.

----------

Alumasc Group, up 23% at 140.00p. The Kettering, Northamptonshire-based building products supplier said conditions in its markets have remained positive, resulting in a "record" profit for the first half. Revenue increased 11% year-on-year to GBP45.6 million in the six months to the end of December and underlying pretax profit surged to GBP6.0 million from GBP2.3 million. Alumasc said it has entered the second half with good momentum and a resumption of its previous dividend policy is being mulled over by the board.

----------

Microsaic Systems, up 20% at 0.24p. The developer of mass spectrometry instruments said that it has, through Turner Pope Investments, conditionally raised GBP5 million via an oversubscribed placing of 5.00 billion new shares. "The net funds from the placing will fund the commercialisation of Microsaic's current miniaturised products and services, provide funds to further develop Microsaic's product and service portfolio and fund general working capital purposes to drive increased revenues by collaborations and revenue sharing opportunities that build and extend our existing sales, marketing and distribution channels," said Chief Executive Glenn Tracey.

----------

Trufin, up 15% at 77.44p. The the lending and technology company said revenue for 2020 is expected to be "significantly" ahead of market expectations, at around GBP14.6 million - double the GBP7.3 million posted for 2019. Firm's adjusted pretax loss also expected to be ahead of market forecasts, at no more than GBP8.4 million versus a loss of GBP9.3 million the year before.

----------

Thor Mining, up 13% at 1.03p. The exploration and development company with projects in Australia said it has raised GBP750,000 via the placing of 88.2 million new shares at 0.85p each. A London-based specialist resources investor is investing GBP600,000 and Artemis Resources - of which Thor director Mark Potter is non-executive chair - is also to invest GBP150,000. Funds will be used for exploration activities at the Ragged Range, gold & nickel project in the Pilbara Western Australia, copper evaluation at Alford East in South Australia, initial drilling of the uranium and vanadium projects in the US, and general working capital.

----------

AIM LOSERS

----------

Mountfield, up 19% at 0.49p. The Essex-based flooring and construction firm said accounts for the second half of 2020 show "the impact of the pandemic on the group", as it achieved a level of profitability below that in the first half. As a result of difficult trading conditions and uncertainty over which areas of construction will be in demand following the pandemic, the firm is considering making structural changes to the group.

----------

Iofina, down 7.2% at 13.45p. The US-focused iodine producer reported second half crystalline iodine production of 325.5 metric tonnes, the highest half-year production total in company history. However, back in October the firm said it was on track to achieve the lower end of its 340 to 360 metric tonne forecast for the second half. Iofina said indications in 2021 suggest the iodine market is recovering after lower demand in the second half of 2020.

----------

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
13 Sep 2021 14:55

EXECUTIVE CHANGES: M&G CFO shifts to lead Retail & Savings arm instead

EXECUTIVE CHANGES: M&G CFO shifts to lead Retail & Savings arm instead

Read more
2 Sep 2021 13:42

EXECUTIVE CHANGES: 600 Group rejigs board; Thor Mining chair resigns

EXECUTIVE CHANGES: 600 Group rejigs board; Thor Mining chair resigns

Read more
31 Aug 2021 14:54

IN BRIEF: Thor Mining sells Nevada project to Power Metal

IN BRIEF: Thor Mining sells Nevada project to Power Metal

Read more
31 Aug 2021 11:39

TRADING UPDATES: Northcoders to expand; Pennant expects revenue growth

TRADING UPDATES: Northcoders to expand; Pennant expects revenue growth

Read more
25 Aug 2021 15:40

TRADING UPDATES: James Latham sales up; Contango confirms steel talks

TRADING UPDATES: James Latham sales up; Contango confirms steel talks

Read more
11 Aug 2021 19:21

TRADING UPDATES: Pantheon farmout talks; Danakali to delist in London

TRADING UPDATES: Pantheon farmout talks; Danakali to delist in London

Read more
2 Aug 2021 11:54

IN BRIEF: Thor Mining hires Southern Gold exec as exploration manager

IN BRIEF: Thor Mining hires Southern Gold exec as exploration manager

Read more
29 Jun 2021 10:37

IN BRIEF: Thor Mining excited by Alford East diamond drilling

IN BRIEF: Thor Mining excited by Alford East diamond drilling

Read more
23 Jun 2021 14:54

Thor Mining makes progress at Ragged Range

(Sharecast News) - Thor Mining updated the market on exploration at its wholly-owned Ragged Range Project in Western Australia's Eastern Pilbara on Wednesday, including the first soil results from two reconnaissance soil surveys at the Sterling prospect.

Read more
23 Jun 2021 13:22

IN BRIEF: Thor Mining gets "promising" gold results at Ragged Range

IN BRIEF: Thor Mining gets "promising" gold results at Ragged Range

Read more
10 Jun 2021 14:26

IN BRIEF: Thor Mining starts drilling at Alford East project

IN BRIEF: Thor Mining starts drilling at Alford East project

Read more
3 Jun 2021 19:20

BUSINESS UPDATES: HSBC issues notes; discoverIE reports profit fall

BUSINESS UPDATES: HSBC issues notes; discoverIE reports profit fall

Read more
20 May 2021 19:22

TRADING UPDATES: Gamma tips 2021 revenue jump; Smart Metering progress

TRADING UPDATES: Gamma tips 2021 revenue jump; Smart Metering progress

Read more
20 May 2021 11:34

AIM WINNERS & LOSERS: Thor Mining rises on state grant award

AIM WINNERS & LOSERS: Thor Mining rises on state grant award

Read more
20 Apr 2021 15:36

EXECUTIVE CHANGES: James Fisher names new CFO; Lekoil loses new chair

EXECUTIVE CHANGES: James Fisher names new CFO; Lekoil loses new chair

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.