Capital Drilling Ltd. (DI) (CAPD)

Sector:

Mining

Index:

FTSE Fledgling

71.50p
   
  • Change Today:
      1.50p
  • 52 Week High: 73.00p
  • 52 Week Low: 37.50p
  • Currency: UK Pounds
  • Shares Issued: 136.25m
  • Volume: 6,882
  • Market Cap: £97.42m
  • Beta: 0.68

Small caps round-up: Hardy Oil, Scotgold, IGas Energy...

Date: Thursday 19 Aug 2010

LONDON (ShareCast) - India-focused Hardy Oil and Gas is near a five-month high after it narrowed half-year losses to $1.3m from $4.3m in 2009.

The firm also expects gross daily output at its PY-3 field to average 3,100 barrels a day (bbld) in 2010. The daily average for the group was 2,953 bbld in the half-year to June 30, down from 3,016 bbld a year ago, and is expected to average 3,400 bbld through for the rest of the year.

Scotgold Resources, which found high gold and silver grades in veins at Beinn Udlaidh in Scotland earlier this week, has slumped by a third after planning permission for a gold and silver mine at Cononish was refused.

“Scotgold is considering its options in relation to this refusal but is likely to appeal to the Scottish Ministers,” it said.

Revenue dropped at UK gas producer and unconventional gas firm, IGas Energy, during the first half to £252,000 from £348,000 a year ago, while operating losses grew to £547,000 from £159,000.

The group blamed the numbers on the bigger team needed to deliver full scale production, and said it remains on track to establish its first full UK gas production site in 2011.

Sunrise Resources thinks a previously documented boulder could indicate the presence of as yet undiscovered barite veins of high commercial value running parallel with existing mine workings.

The miner’s completed a programme of sampling for barite from underground mine workings at the past-producing Derryginagh barite mine in Ireland. Test work on 20 samples is expected to take about nine weeks to complete.

GGG Resources, which has changed its name from Central China Goldfields to reflect the sale of its Nimu copper project in Tibet, is “highly encouraged” by results from a seven diamond drill hole programme at the Bullabulling gold project in Western Australia.

Managing director Jeff Malaihollo said results for the joint venture within the Coolgardie goldfields confirms “the continuity of mineralisation, identify the depth extension and in addition identify new areas of mineralisation”.

Aminex has drilled the Olympia Minerals-10-1 well in Louisiana to a total measured depth of 12,410 feet (3,783 metres) and has logged potentially hydrocarbon-bearing sands in the Cockfield and Upper Wilcox formations.

Emerging markets-focused drilling outfit Capital Drilling has reported a drop in half-year revenue to $28.9m from $29.7m a year ago, and dip in profit to $4.6m from $5.3m, though that matched expectations flagged at its IPO in June.

Executive chairman Jamie Boyton says there are further signs of improvement, with requests for tenders on new and existing jobs increasing, albeit still below record levels seen in 2008.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

CAPD Market Data

Currency UK Pounds
Share Price 71.50p
Change Today 1.50p
% Change 2.14 %
52 Week High 73.00p
52 Week Low 37.50p
Volume 6,882
Shares Issued 136.25m
Market Cap £97.42m
Beta 0.68

CAPD Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
21.51% below the market average21.51% below the market average21.51% below the market average21.51% below the market average21.51% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
96.88% above the market average96.88% above the market average96.88% above the market average96.88% above the market average96.88% above the market average
93.55% above the sector average93.55% above the sector average93.55% above the sector average93.55% above the sector average93.55% above the sector average
Income
17.89% below the market average17.89% below the market average17.89% below the market average17.89% below the market average17.89% below the market average
65.22% below the sector average65.22% below the sector average65.22% below the sector average65.22% below the sector average65.22% below the sector average
Growth
39.98% above the market average39.98% above the market average39.98% above the market average39.98% above the market average39.98% above the market average
76.67% below the sector average76.67% below the sector average76.67% below the sector average76.67% below the sector average76.67% 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 18-Nov-2019

Time Volume / Share Price
09:37 6,882 @ 72.50p

CAPD Key Personnel

CFO André Koekemoer

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