Avesoro Resources Inc. (DI) (ASO)

Sector:

Mining

 98.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 172.00
  • 52 Week Low: 31.50
  • Currency: UK Pounds
  • Shares Issued: 81.58m
  • Volume: 0
  • Market Cap: £80.35m
  • RiskGrade: 239

Aureus Mining wins more time at New Liberty

By Josh White

Date: Wednesday 01 Jun 2016

LONDON (ShareCast) - (ShareCast News) - West African gold producer Aureus Mining announced a fresh deferral to its debt repayments on Wednesday, allowing it more time to get its gold processing plant running.
The AIM and TSX-traded firm said it has received approval from Nedbank, Rand Merchant Bank and the Export Credit Insurance Corporation of South Africa to further defer its first debt repayment to 30 June.

"Mining operations remain ongoing at New Liberty, and the company continues towards its objective of achieving a controlled start-up of the gold processing plant, with plant modifications and remediation measures to optimise the detoxification circuit nearing completion," the company's board explained in a statement.

"The company is continuing to maintain a close working relationship with both the Ministry of Lands, Mines and Energy and the Environmental Protection Agency of Liberia, and fully expects to receive approval to recommence processing operations in the coming days."

Aureus Mining said it would inform the market as soon as processing begins.

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ASO Market Data

Currency UK Pounds
Share Price 98.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 172.00
52 Week Low 31.50
Volume 0
Shares Issued 81.58m
Market Cap £80.35m
RiskGrade 239

ASO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
61.02% below the sector average61.02% below the sector average61.02% below the sector average61.02% below the sector average61.02% below the sector average
Price Trend
3.13% below the market average3.13% below the market average3.13% below the market average3.13% below the market average3.13% below the market average
11.29% above the sector average11.29% above the sector average11.29% above the sector average11.29% above the sector average11.29% above the sector average
Income Not Available
Growth
Market averageMarket averageMarket averageMarket averageMarket average
43.33% above the sector average43.33% above the sector average43.33% above the sector average43.33% above the sector average43.33% above the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 2
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

ASO Dividends

No dividends found

Trades for --2019

Time Volume / Share Price
0 @ 0.000p

ASO Key Personnel

CEO Serhan Umurhan
CFO Geoff Eyre

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