European Metals Holding Limited (DI) (EMH)

Sector:

Mining

Index:

FTSE AIM All-Share

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 18.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 26.50
  • 52 Week Low: 15.50
  • Currency: UK Pounds
  • Shares Issued: 146.64m
  • Volume: 134,138
  • Market Cap: £26.40m
  • RiskGrade: 111

European Metals makes 'significant advancements' at Cinovec lithium project

By Iain Gilbert

Date: Tuesday 04 Sep 2018

LONDON (ShareCast) - (Sharecast News) - European Metals has made some "significant advancements" in the development of its Cinovec project, the largest lithium deposit in Europe.
The London-listed firm has seen work has on an update to its preliminary feasibility study kick-off, with the group looking to model the production of higher value lithium hydroxide due to its increasing use in lithium-ion batteries.

Geomet, European Metals' wholly-owned ubsidiary, will begin geo-technical drilling for the portal and decline positions of the site later in September.

EM revealed that four initial holes will be drilled at the site with the results from the drilling being used to finalise the preliminary design of the project's box cut and initial decline.

Managing director Keith Coughlan, said: "We believe these incremental steps will provide a significant improvement to the economics of Cinovec and align ourselves with European requirements for lithium product."

As of 0850 BST, European Metals shares had surged 19.72% to 21.40p.

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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.

 

EMH Market Data

Currency UK Pounds
Share Price 18.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 26.50
52 Week Low 15.50
Volume 134,138
Shares Issued 146.64m
Market Cap £26.40m
RiskGrade 111

EMH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
40.75% below the market average40.75% below the market average40.75% below the market average40.75% below the market average40.75% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average
Price Trend
30.31% below the market average30.31% below the market average30.31% below the market average30.31% below the market average30.31% below the market average
17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average
Income Not Available
Growth
46.59% below the market average46.59% below the market average46.59% below the market average46.59% below the market average46.59% below the market average
75% below the sector average75% below the sector average75% below the sector average75% below the sector average75% below the sector average

EMH Dividends

No dividends found

Trades for 23-Aug-2019

Time Volume / Share Price
13:41 3,141 @ 18.70p
11:36 26,316 @ 19.00p
10:29 3,151 @ 17.50p
10:07 14,000 @ 18.35p
09:38 54,430 @ 18.35p

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