Less Ads, More Data, More Tools Register for FREE

Pin to quick picksXtract Share News (XTR)

Share Price Information for Xtract (XTR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.025
Bid: 0.95
Ask: 1.10
Change: 0.00 (0.00%)
Spread: 0.15 (15.789%)
Open: 1.025
High: 1.025
Low: 1.025
Prev. Close: 1.025
XTR 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: Ramsens resumes dividend; Watkin Jones profit rises

Tue, 18th Jan 2022 20:39

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

----------

Ramsdens Holdings PLC - Middlesbrough, England-based financial services provider and pawnbroker - Says it delivers a "resilient" annual performance under challenging trading conditions caused by Covid-19 restrictions. For year ended September 30, posts revenue of GBP40.7 million, down from GBP72.5 million in the 18 months to end of September 2020. Pretax profit falls to GBP564,000 from GBP9.2 million. Ramsdens declares final dividend at 1.2 pence, having paid no dividend in financial 2020. "While we remain vigilant to the risk of, and speed of, potential new social and travel restrictions being imposed, as we have seen with the recent development of the Omicron coronavirus variant, we look forward with optimism for financial 2022," says Chief Executive Officer Peter Kenyon.

----------

Watkin Jones PLC - London-based student accommodation developer and manager - Says it delivers a delivered a strong operational and financial performance in financial 2021, given the ongoing backdrop of Covid. For year ended September 30, revenue up 22% at GBP430.2 million from GBP354.1 million last year and pretax profit up to GBP51.1 million from GBP25.3 million. Declares full year dividend of 8.2p, up 12% from 7.35p. "We continued to enhance our BTR and PBSA development pipeline, which has an estimated future revenue value to the Group of GBP1.8 billion, our largest ever. This gives us excellent visibility of revenues over the next few years," Chief Executive Officer Richard Simpson says.

----------

Pressure Technologies PLC - Sheffield, England-based engineering firm - Says annual results in line with market expectations. For year to October 2, revenue edges down to GBP25.3 million from GBP25.4 million last year and pretax loss narrows to GBP4.2 million from GBP20.0 million. Declares no dividend. Looking ahead, Pressure says it remain cautious regarding the pace of recovery in PMC, expects improved performance in financial 2022, including restoring profitability in our Al-Met business. "As we begin 2022, the group is well positioned to take advantage of a strong defence order book, exciting growth opportunities in hydrogen energy and the prospect of steadily improving oil and gas market conditions. Our strategy remains focused on delivering value from the growth and development of both divisions and the board remains confident in the prospects and opportunities for the group," says Chief Executive Officer Chris Walters.

----------

Griffin Mining Ltd - operator of the Caijiaying zinc-gold mine in China - Reports "outstanding" operational result in terms of ore mined, ore processed and in zinc and gold produced. For 2021, zinc concentrate output up at 41,587 tonnes from 32,472 tonnes. Gold concentrate output up at 14,447 ounces from 11,250 ounces. Ore mined rises to 971,492 tonnes from 971,492 tonnes and ore processed increases to 985,404 tonnes from 822,058 tonnes.

----------

Caerus Mineral Resources PLC - London-based exploration & resource development company - Sets out targets for 2022 concerning joint venture with Bezant Resources PLC, which is focused on the Troulli project in Cyprus. Says at Troulli resource estimation of metal-bearing surface materials is well-advanced with the majority of known targets having been drilled, trenched and sampled during 2021. A sizeable number of samples have been dispatched for laboratory analysis and results are pending. New areas of possible mineralised surface material are found weekly and routinely sampled as a possible addition to the Resource inventory. "Our initial work, strongly suggests that whilst Troulli, is a good start to our joint venture plans, considerable potential exist for repeat type operations within the Cyprus portfolio," says Bezant Chair Colin Bird.

----------

Oxford Cannabinoid Technologies Holdings PLC - pharmaceutical company developing prescription cannabinoid medicines - Says results for six months to November 30 set to meet management expectations. During six months, approximately GBP920,000 of R&D costs were incurred, primarily on lead drug candidate OCT461201, which accounted for approximately GBP604,000 of the total, with progress being made on all four programmes. Says financial accounting period has been shortened from May 31, to April 30 with the aim of delivering efficiencies in the financial reporting and audit process.

----------

Kape Technologies PLC - Isle of Man-based digital security and privacy software provider - Expects to report revenue ahead of expectations alongside significant organic subscriber growth for 2021. Annual revenue up 89% at USD230.5 million from USD122.2 million in 2020. Kape generates strong organic growth during the year with revenue, excluding the ExpressVPN acquisition, reaching USD212.5 million, which is 5% ahead of the upper range of previous guidance. "This robust performance has enabled Kape to accelerate investment in product development, future-proofing the group's position as a market-leader and underpinning its growth prospects," it says.

----------

Ariana Resources PLC - exploration firm with interests in Turkey - Says 2021 marked the fifth full-year of operations at Kiziltepe mine in Turkey, which comprised more gold than the original 8-year life of mine production estimated from the feasibility study, highlighting the significant upside generated from Kiziltepe and surrounding prospects such as Kepez. Kiziltepe produced a total of 20,737 ounces of gold during the year, up from 18,645 ounces in 2020 - exceeding its full-year production guidance by 9%

----------

Xtract Resources PLC - London-based metals and minerals producer - For three months to December 31, gold production up at 2,811 ounces from 1,586 ounces in prior quarter. Chair Colin Bird says: " The development at Guy Fawkes continued with the objective of exploring veins revealed by surface drilling. Construction work for the Fair Bride project advanced satisfactorily and we are very pleased with the engineering standards employed on the build. The contribution of Fair Bride, ongoing Mozambican production and Zambian operations progressing favorably, leads us to be optimistic for production during 2022."

----------

Ascent Resources PLC - onshore Caribbean, Hispanic American and European-focused natural resources company - Signs joint venture with investment manager Blanco Safi SAC to collaborate on the identification and subsequent development of precious and base metal rich tailing and processing operations. It also raises GBP600,000 by issue of 18 million shares at 3.3p per placing share.

----------

Donegal Investment Group PLC - Donegal, Ireland-based agricultural firm - Proposes to return EUR20 million to shareholders. In addition, Donegal Investment plans to convert ordinary shares into redeemable shares. Cash of EUR15.30 per ordinary share converted and subsequently redeemed.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
4 Feb 2016 09:07

Xtract Resources To Restart Processing Plant At Chilean Chepica Mine

Read more
3 Feb 2016 11:44

Xtract Resources Quarterly Profit Rises But Misses Expectations

Read more
27 Jan 2016 13:48

Another setback for Xtract Resources at Chile facility

(ShareCast News) - Xtract Resources was looking at another setback at its Chipeca Gold Mine in Chile on Wednesday, a month after two fatal accidents saw its processing plant operations there temporarily suspended by authorities. The AIM-traded resources firm had previously indicated that it expected

Read more
27 Jan 2016 12:21

Xtract Resources Says Chepica Inspector Visit Pushed Back Again

Read more
13 Jan 2016 09:51

Xtract To Restart Chepica Plant Imminently Following Two Deaths

Read more
29 Dec 2015 08:32

LONDON MARKET OPEN: Stocks Shrug Off Oil And Mining Weakness

Read more
29 Dec 2015 07:33

Xtract Resources Reports Two Deaths At Chepica On Christmas Eve

Read more
30 Nov 2015 11:13

Xtract To Hit Targets After Making "Excellent Progress" At Chepica

Read more
12 Nov 2015 10:56

Xtract Reaches New Agreements On Chepica And O'Kiep Projects

Read more
20 Oct 2015 09:01

Xtract Resources signs joint venture agreement for Mozambique project

(ShareCast News) - Shares in Xtract Resources edged higher early on Tuesday after the resource assets developer signed a joint venture agreement for a project in Mozambique. The group said the deal with Mineral Technologies will remove "significant overburden" at its Manica project, where Xtract is

Read more
20 Oct 2015 08:10

Xtract Resources Inks New Venture For Manica As Chepica Recovers

Read more
15 Oct 2015 07:49

Xtract Resources Gets Auroch Minerals Shareholder Approval For Manica (ALLISS)

Read more
8 Oct 2015 15:19

Xtract Resources slumps on mixed assay results from South African projects

(ShareCast News) - Shares in Xtract Resources declined sharply on Thursday, after the gold and copper miner reported mixed assay results from two of its South African projects. The London-listed company said the results show copper values at the Carolusberg tailing dam stood at an average of 0.21%,

Read more
8 Oct 2015 07:39

Xtract Resources Gets Assay Results From Carolusberg And O'Kiep

Read more
29 Sep 2015 12:58

Xtract Resources downgrades forecasts due to earthquake

(ShareCast News) - Shares in Xtract Resources fell after the gold and copper mining and development company said it now expects third and fourth quarter profit to be lower than previously guided due to an earthquake in Chile. Xtract said it expects to generate a profit of $150,000 in the third quart

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.