LONDON BROKER RATINGS: RBC raises Admiral; Barclays cuts Phoenix Group
16th Apr 2024 09:48
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday: Read More
(Alliance News) - Investors bought in London on Monday, as the FTSE 100 rose with gold hitting a new high before fading, airlines and miners were in demand, while Entain prospered on bid speculation. Read More
(Alliance News) - The FTSE 100 in London was up at midday on Tuesday, reacting to the UK manufacturing sector returning growth and further PMI data across the globe. Read More
Hochschild Mining PLC - Gold and silver miner with operations in South America - Sells its Crespo project in southern Peru for USD15 million to Kina Mining Peru SAC. Chief Executive Officer Eduardo Landin says: "The sale of the Crespo project is consistent with our stated strategy of disciplined capital allocation and focusing on our core assets such as the Company's flagship Inmaculada mine and the new Royropata project, both in Peru, as well as the recently-completed Mara Rosa mine in Goias, Brazil." Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - Hochschild Mining PLC on Wednesday reported a swing to an annual loss due to exceptional costs, but it said it aims to ramp up gold production as the metal enjoys record prices. Read More
Hochschild Mining PLC - Americas-focused precious metals exploration company - Subsidiary Amarillo Mineracao do Brasil Ltda enters into an option agreement with Cerrado Gold Inc, a gold miner operating in North and South America, to acquire a 100% interest in the latter's Monte Do Carmo gold project in central Brazil. The project comprises 21 mineral concessions covering 82,542 hectares, and hosts gold targets including the Serra Alta gold deposit, which holds an indicated resource of 1.0 million ounces and an inferred resource of 66,000 ounces of gold. In exchange, Amarillo Mineracao will advance Cerrado USD15 million by way of a 10% interest-bearing secured loan. It also has agreed to incur at least USD5 million in exploration expenditures during the 12.5 month-period ending March 2025. Read More
(Alliance News) - Gold prices are currently depressed by hawkish sentiment from the US Federal Reserve, according to analysis from Berenberg on Monday, although it argued that "cylicical[ly] low valuations" in gold stocks present an opportunity for investors. Read More
Hochschild Mining PLC - Gold and silver miner with operations in South America - Achieves first gold pour at its Mara Rosa project in the Goias State, Brazil. Mara Rosa is the company's first project in Brazil, and Hochschild says that commercial production is expected towards the end of the second quarter. In January, Hochschild said that completion of the new mine would allow the company to increase its total output by 15% over 2024. The company produced 186,091 ounces gold in 2023, as well as 9.5 million ounces of silver. Hochschild says that Mara Rosa is expected to produce between 83,000 and 93,000 ounces of gold in 2024. Read More
(Alliance News) - Stock prices in London opened mixed on Wednesday, with the FTSE 100 index weighed down by weak earnings from HSBC and Glencore - among its largest constituents by market cap. Read More
(Corrects UK public sector net borrowing figure to billion from million.) Read More
(Alliance News) - Stocks in the UK are called flat on Wednesday, with some large-cap UK company earnings for investors to digest, ahead of key catalysts to come from across the Atlantic. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - Hochschild Mining PLC on Wednesday said robust performances had pushed production to the upper end of forecasts, as the company also provided updates on a number of its South American projects. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Wednesday: Read More