Quadrise Fuels International (QFI)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

2.00p
   
  • Change Today:
    -0.050p
  • 52 Week High: 6.35p
  • 52 Week Low: 1.96p
  • Currency: UK Pounds
  • Shares Issued: 1,406.90m
  • Volume: 2,872,240
  • Market Cap: £28.14m
  • RiskGrade: 608

Quadrise to begin testing of Utah fuel sample

By Josh White

Date: Wednesday 04 Aug 2021

LONDON (ShareCast) - (Sharecast News) - Heavy fuel alternatives company Quadrise updated the market on the arrival of a produced oil sample from Greenfield Energy's Utah operations on Wednesday.
The AIM-traded firm said it had now received, at the Quadrise Research Facility in Essex, three drums of oil samples from Greenfield.

It said the sample of produced oil was taken by Greenfield from the Petroteq Oil Sands Plant.

An "extensive" programme of testing on the sample would now begin, which the company expected to complete by the end of August.

The ability to produce commercial 'MSAR' and 'bioMSAR' fuels from the produced oil would be informed by the outcome of the testing programme, together with the confirmation of the suitability of the produced oil via external laboratory assay, for the potential power and marine end-user markets.

"We are pleased that we have now received the sample from Utah and we look forward to completing the testing and analysis work during August and to reporting the results to Greenfield and to updating Quadrise shareholders in due course," said chairman Mike Kirk.

At 1444 BST, shares in Quadrise Fuels International were up 5.36% at 2.95p.

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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.

 

QFI Market Data

Currency UK Pounds
Share Price 2.00p
Change Today -0.050p
% Change -2.44 %
52 Week High 6.35p
52 Week Low 1.96p
Volume 2,872,240
Shares Issued 1,406.90m
Market Cap £28.14m
RiskGrade 608

QFI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
33.94% below the market average33.94% below the market average33.94% below the market average33.94% below the market average33.94% below the market average
13.51% above the sector average13.51% above the sector average13.51% above the sector average13.51% above the sector average13.51% above the sector average
Price Trend
83.29% below the market average83.29% below the market average83.29% below the market average83.29% below the market average83.29% below the market average
58.24% below the sector average58.24% below the sector average58.24% below the sector average58.24% below the sector average58.24% below the sector average
Income Not Available
Growth Not Available

QFI Dividends

No dividends found

Trades for 27-Jan-2022

Time Volume / Share Price
16:37 400,000 @ 2.09p
16:04 650,000 @ 1.96p
15:17 500 @ 2.50p
15:17 1,000 @ 2.50p
15:17 7,732 @ 2.07p

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