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Pin to quick picksTouchstone Exploration Share News (TXP)

Share Price Information for Touchstone Exploration (TXP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 38.75
Bid: 38.50
Ask: 39.00
Change: 0.30 (0.78%)
Spread: 0.50 (1.299%)
Open: 38.50
High: 38.80
Low: 38.80
Prev. Close: 38.50
TXP Live PriceLast checked at -

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AIM WINNERS & LOSERS: Malvern eyes return to interim profit

Thu, 24th Aug 2023 10:44

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

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AIM - WINNERS

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Malvern International PLC, up 17% at 21 pence, 12-month range 7p-21.5p. The London-based learning and skills development company reports an upbeat trading update, as revenue in the first half rises to GBP4.8 million from GBP2.3 million a year prior. Attributes the rise to "strong" university pathways student intakes in September last year and this January, as well as a 40% rise in English language teaching revenue. Further, expects to return to profit for the period, after a pretax loss of GBP676,000 the year before. "The increase is the result of the expansion of the international sales team, improved processes to manage and convert the student recruitment pipeline, and significant recruitment travel to key feeder markets including joint marketing trips to India and Nepal with the University of East London," Malvern says.

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AIM - LOSERS

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Touchstone Exploration Inc, down 11% at 67.74p, 12-month range 51p-105p. The Calgary, Canada-based oil and gas company focused on Trinidad & Tobago completes its programme of five production test intervals at its Royston-1X well, but the well is shut in while it waits for the arrival of a service rig which will be used to put the well on pump to enable further testing. "We expect that once the well is pumping, the hydrostatic pressure on the reservoir will be reduced, allowing the formation fluid to produce at increased rates," the company says.

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Benchmark Holdings PLC, down 6.7% at 37.81p, 12-month range 33p-46.91p. The West Sussex, England-based aquaculture biotechnology company updates on its third quarter ended June 30. Revenue drops to GBP34.2 million from GBP36.3 million a year before, as pretax loss narrows to GBP4.7 million from GBP11.2 million. Says growth in Genetics was offset by weakness in Advanced Nutrition, which it attributes to a weak appetite for shrimp amid adverse market conditions. Also notes anticipated low seasons for Health solutions in Salmon industry. "Despite these headwinds we have delivered strong year-to-date results, with double-digit growth in revenues and earnings compared to the prior year," says CEO Trond Williksen.

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By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
16 Jun 2020 14:13

IN BRIEF: Touchstone Exploration Meets USD20 Million Loan Conditions

IN BRIEF: Touchstone Exploration Meets USD20 Million Loan Conditions

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16 Jun 2020 11:49

Touchstone Exploration draws $15m loan to satisfy former facility

(Sharecast News) - Touchstone Exploration announced on Tuesday the conditions precedent of its previously-announced $20m (£15.83m), seven-year term loan agreement with Republic Bank have been satisfied.

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15 Jun 2020 10:48

Touchstone Exploration Shares Up On Encouraging Cascadura Test Results

Touchstone Exploration Shares Up On Encouraging Cascadura Test Results

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15 May 2020 08:19

Touchstone Exploration Quarterly Loss Widens On Lower Oil Forecast

Touchstone Exploration Quarterly Loss Widens On Lower Oil Forecast

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5 May 2020 06:51

Touchstone Exploration Signs Pact For Development Of Ortoire Block

Touchstone Exploration Signs Pact For Development Of Ortoire Block

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26 Mar 2020 13:31

Touchstone Exploration Posts Loss But Revenue Rises Despite Price Dip

Touchstone Exploration Posts Loss But Revenue Rises Despite Price Dip

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11 Mar 2020 16:03

Touchstone Exploration Reports Positive Cascadura Well Test Results

Touchstone Exploration Reports Positive Cascadura Well Test Results

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6 Mar 2020 13:20

Touchstone Exploration Reserves Rise After Ortoire Block Discoveries

Touchstone Exploration Reserves Rise After Ortoire Block Discoveries

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20 Feb 2020 15:57

Touchstone Exploration Raises USD12 Million In Private Placement

Touchstone Exploration Raises USD12 Million In Private Placement

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19 Feb 2020 17:48

Touchstone Exploration Seeks At Least USD9 Million Via Share Placing

Touchstone Exploration Seeks At Least USD9 Million Via Share Placing

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6 Feb 2020 12:30

Touchstone Shares Jump On Positive Well Test Results

Touchstone Shares Jump On Positive Well Test Results

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20 Jan 2020 10:40

Touchstone Exploration Pleased With Test Results From Cascadura

Touchstone Exploration Pleased With Test Results From Cascadura

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19 Dec 2019 12:38

Touchstone Exploration's Coho Well Far Exceeds Testing Expectations

Touchstone Exploration's Coho Well Far Exceeds Testing Expectations

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16 Dec 2019 14:47

Touchstone shares soar on 'significant' crude oil discovery

(Sharecast News) - Touchstone Exploration has made a "significant" crude oil discovery with the Cascadura-1ST1 well on the Ortoire exploration block, onshore in the Republic of Trinidad and Tobago, it announced on Monday.

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16 Dec 2019 10:39

UK WINNERS & LOSERS SUMMARY: Investors Cheer Sports Direct Results

UK WINNERS & LOSERS SUMMARY: Investors Cheer Sports Direct Results

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