Capital Drilling Ltd. (DI) (CAPD)

Sector:

Mining

Index:

FTSE Fledgling

56.50p
   
  • Change Today:
    -2.00p
  • 52 Week High: 73.00
  • 52 Week Low: 42.50
  • Currency: UK Pounds
  • Shares Issued: 136.25m
  • Volume: 63,727
  • Market Cap: £76.98m

Capital Drilling's wins first contract in Côte d'Ivoire

By Duncan Ferris

Date: Wednesday 24 Oct 2018

LONDON (ShareCast) - (Sharecast News) - Capital Drilling has won a delineation contract in Côte d'Ivoire with Canadian-based Sama Resources.
Initial drilling is expected to commence at the Yepleu project in November when Capital will start 6,000 metres of diamond core drilling, targeting semi-massive and massive polymetallic sulphide targets for nickel-copper-cobalt-palladium.

Capital will use two diamond drill rigs from its base in Yamoussoukro, which was established in the first half of the year to support operations in the region.

Indeed, the drilling project in Yepleu is Capital's first contract in the country and follows a concerted effort to expand into West Africa, which is now host to 31 of the company's rigs, almost a third of the total number.

Jamie Boyton, executive chairman of Capital Drilling, said: "It is very pleasing to see our increased presence in the high-growth West African region continue to deliver results and we look forward to starting our first contract in Côte d'Ivoire. With the increased fleet and new infrastructure in place, we are well positioned to continue to secure additional work in the country in the future. "

Capital Drilling's shares were up 1.33% at 38.00p at 1143 BST.

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CAPD Market Data

Currency UK Pounds
Share Price 56.50p
Change Today -2.00p
% Change -3.42 %
52 Week High 73.00
52 Week Low 42.50
Volume 63,727
Shares Issued 136.25m
Market Cap £76.98m

CAPD Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.23% above the market average76.23% above the market average76.23% above the market average76.23% above the market average76.23% above the market average
61.4% below the sector average61.4% below the sector average61.4% below the sector average61.4% below the sector average61.4% below the sector average
Price Trend
61.33% above the market average61.33% above the market average61.33% above the market average61.33% above the market average61.33% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Income
43.40% above the market average43.40% above the market average43.40% above the market average43.40% above the market average43.40% above the market average
18.18% below the sector average18.18% below the sector average18.18% below the sector average18.18% below the sector average18.18% below the sector average
Growth
42.44% above the market average42.44% above the market average42.44% above the market average42.44% above the market average42.44% above the market average
69.49% below the sector average69.49% below the sector average69.49% below the sector average69.49% below the sector average69.49% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CAPD Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Sep-19 11-Apr-19
Paid 27-Sep-19 03-May-19
Amount 0.70¢ 1.50¢

Trades for 21-Feb-2020

Time Volume / Share Price
16:20 25,000 @ 58.50p
16:19 4,000 @ 55.20p
16:00 5,500 @ 56.15p
15:51 5,000 @ 55.26p
15:19 4,326 @ 57.79p

CAPD Key Personnel

CFO André Koekemoer

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