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Pin to quick picksThor Explor Share News (THX)

Share Price Information for Thor Explor (THX)

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Share Price: 16.00
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Change: -0.25 (-1.54%)
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Open: 16.25
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EARNINGS AND TRADING: JLEN amends earnings; Thor quarter profit falls

Mon, 27th Nov 2023 20:55

(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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JLEN Environmental Assets Group Ltd - Guernsey-based environmental infrastructure investment fund - Corrects its earlier announcement that net asset value total return for the six months that ended September 30 is 0.3%, not 1.4% as reported earlier. Earlier, it said net asset value decreased during its latest half year, but that it remains on track to meet its full-year dividend target. NAV at September 30 was 119.7p per share, down 2.8% from 123.1p per share at March 31. Its portfolio evaluation at September 30 was GBP898.9 million, slightly up from GBP898.5 million at March 31. JLEN also declared a total dividend of 3.78p per share for the six months that ended on September 30, up from 3.57p for the same period in 2022. The company believes it is on track to meet its 7.57p target for the year ending on March 31, 2024, up from 7.14p for the prior year.

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Thor Explorations Ltd - Vancouver, British Columbia-based mineral exploration company - In the third quarter of 2023, net profit falls to USD2.3 million from USD7.6 million a year earlier. Revenue falls to USD36.6 million from USD55.7 million. Recovers 19,104 ounces of gold during third quarter, down from 23,078 ounces a year earlier. Says gold production targets on track for 2023 guidance, with full-year outlook of 85,000 ounces. Expects completion of pre-feasibility study workstreams regarding Douta project in the first quarter of 2024. Expects to complete Douta resource update by end of 2023. Chief Executive Officer Segun Lawson says: "Whilst the lower grades have led to lower revenue and profits in the quarter, we have maintained good levels of positive cash flow. We anticipate a stronger financial performance in the final quarter as the mine grade increases."

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Quantum Exponential Group PLC - London-based quantum technology investment firm - Notes portfolio company Oxford Quantum Circuits, which specialises in quantum compute-as-a-service, launches USD100 million series B fundraise. Quantum Exponential 0.3% of OQC and says the Series B fundraise is being led by SBI Investment of Japan. OQC also launches Toshiko, which it claims is the "world's first enterprise ready quantum computing platform", says Quantum Exponential. Chief Executive Officer Steven Metcalfe says: "As early investors, we are absolutely thrilled to follow the progress of OQC and witness just how much the company has achieved in a relatively short space of time. We believe that innovators such as OQC are pivotal to the integration and adaptation of quantum computing globally and are absolutely delighted to be part of its journey."

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CRH PLC - Dublin-based building materials - Non-Executive Director Richard Fearon buys 10,000 shares at USD61.37 each in New York on Wednesday last week. Total aggregate value is USD613,700.

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By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
17 Apr 2023 14:42

IN BRIEF: Thor Explorations backs annual gold production guidance

Thor Explorations Ltd - mineral exploration company focused on developing assets in Nigeria, Senegal and Burkina Faso - For the three months ended on March 31, gold production at Segilola Production totals 20,629 ounces, at an average grade of 2.95 grammes per tonne. Looking ahead, for 2023, production guidance range remains at 85,000 to 95,000 ounces of gold, weighted towards the second half of the year. Identifies new high grade quartz vein system within 15 kilometres of Segilola Near-Mine exploration with multiple high grade drillhole intercepts. Says drilling is ongoing at Douta with a further 40,000 metre drilling programme to be completed in 2023.

Read more
20 Mar 2023 10:27

Thor Explorations mineral resource estimate in Senegal doubles

(Alliance News) - Thor Explorations Ltd on Monday announced an improved mineral resource estimate for its Douta gold project in Senegal.

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27 Feb 2023 16:43

Thor Explorations finds high-grade gold intersects at Nigeria mine

(Alliance News) - Thor Explorations Ltd on Monday said initial drilling results from a reconnaissance programme found high-grade gold intersects near the Segilola mine in Nigeria.

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3 Feb 2023 16:30

TRADING UPDATES: Altona extends repayment; Kefi advances Saudi Arabia

(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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11 Jan 2023 09:30

CORRECT: Getech signs deal; AfriTin confirms name change

(Corrects that Zenith Energy is based in Canada, not in Scotland.)

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10 Jan 2023 21:34

TRADING UPDATES: Getech signs deal; AfriTin confirms name change

(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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20 Dec 2022 16:11

TRADING UPDATES: Predator buys majority in Cory Moruga; Thor tips gold

(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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9 Dec 2022 15:43

UK shareholder meetings calendar - next 7 days

Monday 12 December 
Devolver Digital IncSGM re 2022 Long-Term Incentive Plan approval
Marwyn Value Investors LtdAGM
Osirium Technologies PLCGM re placing agreement with Allenby Capital
PCF Group PLCGM re proposed cancellation of trading on AIM
Tuesday 13 December 
Amedeo Air Four Plus LtdAGM
Avation PLCAGM
Blancco Technology Group PLCAGM
JD Sports Fashion PLCGM re remuneration policy
Macau Property Opportunities Fund LtdAGM
Softcat PLCAGM
Spectris PLCGM re remuneration policy
Wednesday 14 December 
Fidelity Special Values PLCAGM
Kistos PLCGM re new non-operational entity
Parsley Box Group PLCGM re proposal to become a private limited company
TP Group PLCGM re cash acquisition
Volution Group PLCAGM
Westpac Banking CorpAGM
Thursday 15 December 
Aeorema Communications PLCAGM
Argos Resources LtdAGM
Baillie Gifford Japan Trust PLCAGM
Capricorn Energy PLCGM re proposed share premium account cancellation
Chelverton Growth Trust PLCAGM
CQS Natural Resources Growth & Income PLCAGM
DX Group PLCAGM
DXS International PLCAGM
Glenveagh Properties PLCEGM
Secured Income Fund PLCGM re proposed reduction of capital
Schroder Income Growth Fund PLCAGM
Friday 16 December 
Bellway PLCAGM
Inchcape PLCGM re Derco acquisition
JPMorgan Global Growth & Income PLCGM re proposed combination with JPMorgan Elect PLC
National Australia Bank LtdAGM
Sareum Holdings PLCAGM
Thor Explorations LtdAGM
UP Global Sourcing Holdings PLCAGM
  
Copyright 2022 Alliance News Ltd. All Rights Reserved.

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30 Nov 2022 20:46

TRADING UPDATES: Scholium profit grows; Honye Financial loss narrows

(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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16 Nov 2022 21:36

TRADING UPDATES: Aterian appoints CFO; Marwyn Value gets tax refund

(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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12 Sep 2022 13:42

CORRECT: Thor Explorations hails drilling results at Douta project

(Correcting company name is Thor Explorations Ltd, not Thor Mining, and company description.)

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12 Sep 2022 10:23

Thor Mining shares lifted by drilling results at Douta Gold project

(Alliance News) - Thor Mining Ltd shares rose on Monday, after it revealed "encouraging" drilling results at the Douta Gold project.

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30 Aug 2022 16:13

TRADING UPDATES: Thor Explorations, Zenith Energy post swing to profit

(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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8 Jul 2022 17:43

IN BRIEF: Thor Explorations gold production rises in second quarter

Thor Explorations Ltd - Vancouver-based mineral explorer with assets in west Africa - For the second quarter of 2022, produces 23,785 ounces of gold, compared to 21,343 ounces the quarter before, while also commissioning several compressed natural gas generators.

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6 Jun 2022 13:55

Director dealings: Nine Pure Gold board members buy shares

(Sharecast News) - Pure Gold Mining had a number of entries on the list of buys on Monday, after it disclosed purchases made by nine of its directors.

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