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IN BRIEF: Anglesey Mining loss widens, looks at funding options

Fri, 03rd Sep 2021 16:22

Anglesey Mining PLC - base and precious metals explorer in Wales, Canada and Sweden - Pretax loss widens to GBP328,518 in the financial year ended March 31, from GBP304,510 the previous year. Company says it achieved several operational milestones in the year.

There are now several steps towards progressing the company's main Parys Mountain project in Wales to production, the first of which is financing, and the directors are looking at various options. At the end of March, the company had cash of GBP891,767, up from GBP95,311 a year prior.

Current stock price: 3.63 pence

Year-to-date change: down 44%

By Ivan Edwards; ivanedwards@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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