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Mineral & Financial Investments Reports 20% Net Asset Value Growth

Tue, 31st Jul 2018 14:25

LONDON (Alliance News) - Mineral & Financial Investments Ltd said Tuesday that in the period to June 30 it increased its net asset value per share by 20%.

For the 18 months to June 30, the investment company posted net asset value per share up 20% to 7.49 pence from 6.25p at the end of 2016.

The company's working capital was up to GBP2.6 million from GBP1.5 million in 2016.

The company's investment portfolio grew 78% year-on-year to GBP2.3 million.

Mineral & Financial Investments shares were trading down 8.3% at 7.20 pence each after having been restored to trading Tuesday.

The shares had been suspended from trading on AIM on July 2 as it had failed to publish its results.

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