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Pin to quick picksThor Energy Share News (THR)

Share Price Information for Thor Energy (THR)

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TRADING UPDATES: Solid State expects to top annual expectations

Wed, 26th Oct 2022 14:35

(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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Solid State PLC - Worcestershire, England-based computing products manufacturer - Expects revenue for six months that ended September 30 to reach around GBP59.0 million, up 51% from GBP39.0 million the year before. Says it has seen a "significant revenue benefit in the first half from the strength of the US Dollar". Adjusted pretax profit is expected to be around GBP5.0 million, up 52% from GBP3.3 million. Looking ahead, Solid State says it expects to exceed current revenue expectations being GBP117.3 million, and be marginally ahead of the adjusted pretax profit guidance of GBP9.4 million for financial 2023. Previously revenue was forecasted at GBP108 million and adjusted pretax profit at GBP9.2 million.

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Thor Mining PLC - Australia-focused exploration and development company - Completes the 2,000 metre reverse circulation drilling programme at the Ragged Range project in the eastern Pilbara in Western Australia. Says six holes tested at Kelly's Ridge showed up to 15.5 grams of gold per tonne, and 535 grams of silver per tonne. Managing Director Nicole Galloway says: "The program was designed to follow up on prospective rock chip samples, including a high-grade, historic drill intercept. We look forward to reporting the results of the program in due course."

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Bens Creek Group PLC - operates metallurgical coal mine in US state of West Virginia - Says highwall miner has been moved into position on the new permitted area following an announcement on September 22. Also confirms that mining has started on the new permit area. Chief Executive Officer Adam Wilson says: "This is a landmark occasion moving operations onto the new larger permit area, which can support two highwall miners, will enable us to increase production levels and meet our operational targets."

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Shanta Gold Ltd - Guernsey-based east Africa-focused gold producer, developer and explorer - Gold production increases by 11% during the third quarter that ended on September 30 to 19,532 ounces from 17,527 ounces in the previous quarter. Says 2022 production is expected to achieve the low end of the 68,000 to 76,000 ounce guidance range. Earnings before interest, tax, depreciation and amortisation amount to USD10.9 million, down from USD11.9 million in the previous quarter. "In addition to this, drilling at West Kenya and construction work at Singida are both progressing well, and we remain on track for first gold pour at Singida in March 2023", Chief Executive Officer Eric Zurrin says.

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By Xindi Wei; xindiwei@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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24 Apr 2024 20:10

TRADING UPDATES: Pennant trading in line; Coro requests suspension

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

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6 Mar 2024 21:09

IN BRIEF: Thor Energy hails new 3D model highlights on mineralisation

Thor Energy PLC - US and Australia-focused mineral exploration company - At the Alford east copper - rare earth element project in South Australia, says new 3D model shows deeply weathered troughs in areas of unaltered metamorphic were found associated with zones of faulting, deep oxidation and intrusives as depth. Notably, the ambient noise tomography surveys confirm the significance of the prominent north-northeast structure associate with copper oxide mineralisation. "The combined resultant 3D model provides targeted criteria for extensions to existing mineralisation and potential for new discoveries of oxide copper-rare earth element mineralisation," Thor Energy says.

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5 Mar 2024 20:43

EARNINGS: dotdigital eyes rosy future; Beeks Financial turns to profit

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

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29 Feb 2024 19:42

EARNINGS AND TRADING: East Star, Getech strike Kazakhstan JV

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

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29 Feb 2024 10:27

AIM WINNERS & LOSERS: Beacon Energy and Avacta fall on fundraise

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

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30 Jan 2024 14:39

Thor Energy expects "exciting" year after busy quarter

(Alliance News) - Thor Energy PLC on Tuesday said it finished the latest calendar year with high-grade drilling results, highlighting "the significant potential" of its projects.

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26 Jan 2024 14:30

TRADING UPDATES: Puma and Puma Alpha invest in Not Another Beer

(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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18 Jan 2024 14:35

Thor Energy up after Colorado drilling reveals high-grade Uranium

(Alliance News) - Thor Energy PLC shares rose on Thursday, as the discovery of high-grade uranium at its Uravan belt prospects coincided with soaring uranium prices.

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18 Dec 2023 18:33

EARNINGS AND TRADING: Goldplat profit tumbles despite revenue jump

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

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18 Dec 2023 13:15

Thor outlines deal between investee ECL and Andromeda Metals

(Sharecast News) - Thor Energy announced a significant development on Monday involving signing an agreement between EnviroCopper (ECL) and Andromeda Metals (Andromeda).

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11 Dec 2023 20:44

TRADING UPDATES: Ondine Biomedical raises GBP2.9 million via placing

(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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4 Dec 2023 13:28

IN BRIEF: Thor Energy finds high-grade uranium intercepts at Groundog

Thor Energy PLC - US and Australia-focused mineral exploration company - Announces high-grade uranium intercepts at Groundhog prospect at the Wedding Bell and Radium Mountain projects,in southwest Colorado. Says the reverse circulation drill programme comprised of 23 shallow holes totaling 2,737 metres. Downhole gamma readings indicated up to 6,885 parts per million of uranium.

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4 Dec 2023 12:17

Thor Energy reports solid Colorado drilling results

(Sharecast News) - Thor Energy announced the successful completion of its reverse circulation drilling programme on Monday, revealing promising downhole uranium gamma results at the Wedding Bell and Radium Mountain Projects in the Uravan Mineral Belt of southwest Colorado.

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22 Nov 2023 15:53

UK shareholder meetings calendar - next 7 days

Thursday 23 November 
abrdn UK Smaller Companies Growth Trust PLCAGM
Avation PLCAGM
Bradda Head Lithium LtdAGM
DX Group PLCAGM
Europa Oil & Gas Holdings PLCAGM
Fiske PLCAGM
JPMorgan UK Smaller Cos Investment Trust PLCAGM
Hotel Chocolat Group PLCAGM
Pacific Horizon Investment Trust PLCAGM
Pan African Resources PLCAGM
PZ Cussons PLCAGM
Rosslyn Data Technologies PLCAGM
Friday 24 November 
Base Resources LtdAGM
Cloudbreak Discovery PLCAGM
Esken LtdEGM re Esken Renewables disposal
Neometals LtdAGM
Sovereign Metals LtdAGM
Sylvania Platinum LtdAGM
Monday 27 November 
Chelverton Growth Trust PLCGM re voluntary liquidation
European Smaller Cos Trust PLCAGM
JPMorgan Global Emerging Markets Income Trust PLCAGM
Quadrise PLCAGM
Tribal Group PLCGM re cash offer by Tiger Bidco 1 Ltd
Tuesday 28 November 
Bluefield Solar Income Fund LtdAGM
London Finance & Investment Group PLCAGM
Nanoco Group PLCAGM
Oakley Capital Investments LtdAGM
Wednesday 29 November 
Artemis Resources LtdAGM
Aura Energy LtdAGM
Contango Holdings PLCAGM
CVS Group PLCAGM
Fidelity Asian Values PLCAGM
Ikigai Ventures LtdAGM
Panthera Resources PLCAGM
Reconstruction Capital II LtdAGM
Renishaw PLCAGM
RiverFort Global Opportunities PLCAGM
Sabien Technology Group PLCAGM
Scancell Holdings PLCAGM
Seeing Machines LtdAGM
SLF Realisation Fund LtdAGM
Target Healthcare REIT PLCAGM
Thor Energy PLCAGM
Transense Technologies PLCAGM
Vast Resources PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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22 Nov 2023 14:01

Thor Energy completes drilling programme at Wedding Bell project

(Alliance News) - Thor Energy PLC on Wednesday said that it has completed a reverse circulation drilling programme at its fully-owned Wedding Bell and Radium Mountain projects, which are located in the Uravan Mineral Belt in southwest Colorado.

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