Anglesey Mining (AYM)

Sector:

Mining

Index:

FTSE Fledgling

3.95p
   
  • Change Today:
    -0.100p
  • 52 Week High: 8.88
  • 52 Week Low: 3.13
  • Currency: UK Pounds
  • Shares Issued: 248.07m
  • Volume: 206,822
  • Market Cap: £9.80m
  • RiskGrade: 618
  • Beta: 0.05

Anglesey Mining plunges on uncertain outlook

By Daniel Cancian

Date: Friday 27 Nov 2015

LONDON (ShareCast) - (ShareCast News) - Shares in Anglesey Mining plunged over 17% on Friday, after the miner warned its medium-term outlook remained unclear.
In the six months to the end of September, the group said its pre-tax loss narrowed from £878,908 to £135,949 as an impairment of approximately £700,000 the company had booked in the corresponding period in 2014 did not recur.

The London-listed company added it expects the demand-to-supply balance to be restored and commodity prices will need to return to a level which ensures production at "reasonable profit" is sustainable.

"While the current situation is dark and indeed the future is uncertain, Anglesey remains positive that a recovery will occur within a sensible time frame," said group chairman John Kearney.

"We will maintain our assets in good standing to permit us take the fullest advantage of the inevitable."

Anglesey shares were down 17.11% to 1.24p at 1548 GMT on Friday.

Email this article to a friend

or share it with one of these popular networks:


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.

 

Anglesey Mining Market Data

Currency UK Pounds
Share Price 3.95p
Change Today -0.100p
% Change -2.47 %
52 Week High 8.88
52 Week Low 3.13
Volume 206,822
Shares Issued 248.07m
Market Cap £9.80m
Beta 0.05
RiskGrade 618

Anglesey Mining Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
30.59% above the market average30.59% above the market average30.59% above the market average30.59% above the market average30.59% above the market average
11.30% above the sector average11.30% above the sector average11.30% above the sector average11.30% above the sector average11.30% above the sector average
Price Trend
17.03% above the market average17.03% above the market average17.03% above the market average17.03% above the market average17.03% above the market average
35.77% above the sector average35.77% above the sector average35.77% above the sector average35.77% above the sector average35.77% above the sector average
Income Not Available
Growth Not Available

Anglesey Mining Dividends

No dividends found

Trades for 07-Dec-2021

Time Volume / Share Price
15:53 10,133 @ 3.95p
11:35 12,974 @ 3.91p
11:01 25,846 @ 3.90p
10:54 2,500 @ 3.95p
10:54 20,000 @ 3.90p

Anglesey Mining Key Personnel

Chair John Kearney
Finance Director Danesh Varma
CEO Jonathan Battershill

Top of Page