Fox Marble Holdings (FOX)

Sector:

Construction and Building Materials

Index:

FTSE AIM All-Share

 1.71p
   
  • Change Today:
      0.000p
  • 52 Week High: 2.50
  • 52 Week Low: 1.60
  • Currency: UK Pounds
  • Shares Issued: 378.87m
  • Volume: 28,513
  • Market Cap: £6.48m

Fox Marble restarts operations at Cervenille quarry

By Josh White

Date: Monday 07 Sep 2020

LONDON (ShareCast) - (Sharecast News) - Kosovo and Balkans-focussed marble quarrying and processing company Fox Marble announced on Monday that it is restarting operations in its Cervenille quarry in Kosovo.
The AIM-traded firm said the Cervenille quarry was originally developed and became operational in 2013, and was reopened last week due to increasing demand for material.

It said the quarry contains Grigio Argento - warm grey with gold veins - as well as Flora - grey red - and Rosso Cait - red - marble.

Fox Marble said it had seen "significant" demand for Grigio Argento, which had been used within high end projects such as the St Georges Homes project at Chelsea Creek in London, and was currently being supplied to recently-announced municipal projects at Suhareka and Podujeva in Kosovo.

The current range of orders that Fox Marble was fulfilling was using significant quantities of the material, the board said, and as such it had restarted operations at the quarry.

That would ensure sufficient stocks of block material for existing and future projects, as well as the winter shut down of the quarry.

"Through recent marketing efforts we have been seeing increasing demand for our Grigio Argento marble," said chief executive officer Chris Gilbert.

"We have recommenced our operations in Cervenille to fulfil the appetite for this material.

"This will allow us to continue to service existing contracts for projects and allow us to continue to grow sales at the factory."

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

 

FOX Market Data

Currency UK Pounds
Share Price 1.71p
Change Today 0.000p
% Change 0.00 %
52 Week High 2.50
52 Week Low 1.60
Volume 28,513
Shares Issued 378.87m
Market Cap £6.48m

FOX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
27.34% above the market average27.34% above the market average27.34% above the market average27.34% above the market average27.34% above the market average
11.76% below the sector average11.76% below the sector average11.76% below the sector average11.76% below the sector average11.76% below the sector average
Price Trend
91.22% below the market average91.22% below the market average91.22% below the market average91.22% below the market average91.22% below the market average
89.74% below the sector average89.74% below the sector average89.74% below the sector average89.74% below the sector average89.74% below the sector average
Income Not Available
Growth
52.71% below the market average52.71% below the market average52.71% below the market average52.71% below the market average52.71% below the market average
48.72% below the sector average48.72% below the sector average48.72% below the sector average48.72% below the sector average48.72% below the sector average

FOX Dividends

No dividends found

Trades for 23-Jun-2021

Time Volume / Share Price
12:22 24,715 @ 1.70p
10:02 3,798 @ 1.72p

FOX Key Personnel

CEO Christopher Gilbert
CFO Fiona Hadfield

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