The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTmt Investments Share News (TMT)

Share Price Information for Tmt Investments (TMT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 3.55
Bid: 3.42
Ask: 3.68
Change: 0.00 (0.00%)
Spread: 0.26 (7.602%)
Open: 3.55
High: 0.00
Low: 0.00
Prev. Close: 3.55
TMT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Castings expects revenue growth on input price rise

Tue, 16th Aug 2022 16:24

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

----------

Castings PLC - West Midlands, England-based iron castings and machining firm - From June onwards, demand from commercial vehicle customers continue to increase with little disruption from supply chain issues. Forward demand schedules reflect higher build rates required by heavy truck original equipment manufacturers. Castings expects the most significant rise in input prices to take place on October 1, leading to a revenue increase in the second half of 2022, but negatively affect its profit margin percentage.

----------

Griffin Mining Ltd - operator of the Caijiaying zinc-gold mine in China - For the six months ended June 30, pretax profit drops 65% to USD5.4 million from USD15.5 million the same period a year before, on revenue which drops 36% year-on-year to USD34.7 million from USD54.1 million. The weaker performance is due to operations at the Caijiaying zinc-gold mine being suspended for the first quarter of 2022 due to the Winter Olympics. This more than offset record zinc production in the second quarter.

----------

Canadian Overseas Petroleum Ltd - Calgary, Canada-based oil and gas company - For the second quarter of 2022, net crude oil sales average 961 barrels per day, down 14% from 1,114 barrels per day in the first quarter, due to the operational interruptions at certain wells. Petroleum sales remain flat at USD7.1 million as an increase in commodity prices offsets the reduction in oil output.

----------

Okyo Pharma Ltd - London-headquartered biotechnology company - For the year ended March 31, posts loss of GBP4.0 million, widened from GBP2.5 million the year before, driven by a rise in R&D expenses to GBP953,000 from GBP133,000, as a result of progress being made toward filing an investigational drug application with the US Food & Drug Administration for OK-101.

----------

TMT Investments PLC - Jersey-based venture capital investor in high-growth technology companies - As at June 30, net asset value per share drops 26% to USD6.68 from USD9.00 at the end of December 2021. During the six month period, makes USD7.3 million of investments across six new and existing firms

----------

Pure Gold Mining PLC - Vancouver-based gold mining company focused on Canada - For the six months ended June 30, net loss widens to CAD42.2 million from CAD32.6 million the same period a year prior, despite revenue rises 24% year-on-year to CAD27.0 million from CAD21.7 million. Gold output declines 18% to 8,244 ounces, but sales increase 16% to 11,375 ounces, while the average gold price rises 6% to USD1,864 per ounces from USD1,789. Looking ahead, expects third quarter ore throughput to average between 775 to 875 tonnes per day at 4.0 to 5.0 grams per tonne of gold.

----------

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
17 Sep 2021 16:42

IN BRIEF: TMT Investments expects NAV uplift on portfolio sales

IN BRIEF: TMT Investments expects NAV uplift on portfolio sales

Read more
18 Aug 2021 11:07

AIM WINNERS & LOSERS: SDX comes up empty; Powerhouse plans new site

AIM WINNERS & LOSERS: SDX comes up empty; Powerhouse plans new site

Read more
18 Aug 2021 10:56

TMT Investments sees double-digit growth in net assets in first half

TMT Investments sees double-digit growth in net assets in first half

Read more
2 Aug 2021 19:21

IN BRIEF: TMT Investments expects NAV rise from Bolt investment uplift

IN BRIEF: TMT Investments expects NAV rise from Bolt investment uplift

Read more
1 Jul 2021 19:26

TRADING UPDATES: Gym Group bulks up with placing; 88 Energy debt free

TRADING UPDATES: Gym Group bulks up with placing; 88 Energy debt free

Read more
6 Apr 2021 15:48

DIRECTOR DEALINGS: Watches of Switzerland and Circassia top teams buy

DIRECTOR DEALINGS: Watches of Switzerland and Circassia top teams buy

Read more
25 Mar 2021 14:49

TRADING UPDATES: Safestyle in strong start to 2021; Tandem ups payout

TRADING UPDATES: Safestyle in strong start to 2021; Tandem ups payout

Read more
13 Jan 2021 16:49

DIRECTOR DEALINGS: TMT Investments Exec Director Sells 5,500 Shares

DIRECTOR DEALINGS: TMT Investments Exec Director Sells 5,500 Shares

Read more
23 Dec 2020 19:47

DIRECTOR DEALINGS: TMT Exec Selegenev Sells Over USD50,000 Of Shares

DIRECTOR DEALINGS: TMT Exec Selegenev Sells Over USD50,000 Of Shares

Read more
21 Dec 2020 18:10

UK TRADING UPDATE SUMMARY: Novacyt Tests Can Spot New Virus Strain

UK TRADING UPDATE SUMMARY: Novacyt Tests Can Spot New Virus Strain

Read more
17 Dec 2020 22:00

UK TRADING UPDATE SUMMARY: SolGold Encouraged By Drilling At Cascabel

UK TRADING UPDATE SUMMARY: SolGold Encouraged By Drilling At Cascabel

Read more
25 Nov 2020 18:00

UK TRADING UPDATE SUMMARY: SourceBio Tips Jump In Virus Testing Demand

UK TRADING UPDATE SUMMARY: SourceBio Tips Jump In Virus Testing Demand

Read more
12 Nov 2020 15:38

IN BRIEF: TMT Investments To Sell Pipedrive Stake For USD41 Million

IN BRIEF: TMT Investments To Sell Pipedrive Stake For USD41 Million

Read more
15 Sep 2020 14:39

IN BRIEF: TMT Net Asset Value Shrinks But No Covid-19 Portfolio Hurt

IN BRIEF: TMT Net Asset Value Shrinks But No Covid-19 Portfolio Hurt

Read more
15 Sep 2020 13:12

TMT Investments sees NAV slip in first half

(Sharecast News) - Technology-focussed venture capital company TMT Investments reported a net asset value per share of $3.46 (£2.68) in its first half on Tuesday, making for a decrease of 1.7% from its year-end figure for 2019.

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.