IN BRIEF: Rambler Metals Interim Performance Marred By Covid-19

Mon, 28th Sep 2020 17:13

Rambler Metals & Mining PLC - Canada-focused copper and gold producer - Reports revenue of USD12.7 million for the six months to June 30, down on USD17.5 million achieved a year ago. Pretax loss widens to USD8.5 million from USD6.9 million. Says half-year "significantly impacted" by Covid-19, with firm scaling back operations to comply with physical distancing protocols in the early stages of the pandemic and to preserve cash amid a fall in copper prices.

Current stock price: 0.90 pence

Year-to-date change: down 65%

By Lucy Heming;Â lucyheming@alliancenews.com

Related Shares

More News

21 Apr 2023 15:35

Rambler Metals says no choice but to turn to voluntary liquidation

(Alliance News) - Rambler Metals & Mining PLC on Friday said it has "no means to continue to operate" as funds have dried up.

17 Apr 2023 19:43

TRADING UPDATES: BATM reports Edgility progress, Rambler starts sale

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

11 Apr 2023 18:13

TRADING UPDATES: S-Ventures files for insolvency of Lizza subsidiary

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

30 Mar 2023 19:20

TRADING UPDATES: Centamin targets reduction in greenhouse gases

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

28 Feb 2023 19:32

IN BRIEF: Rambler Metals and Mining starts proceedings under CCAA

Rambler Metals and Mining PLC - AIM-listed owner of Ming copper-gold mine in Baie Verte, Newfoundland and Labrador - Obtains initial order from the S...