8th Jul 2022 10:39
Oryx International Growth Fund Ltd - Guernsey-based investment fund - Posts lower net asset value at its financial year-end at March 31 as it faced investment headwinds such as inflation and the war in Ukraine.
Net asset value per share falls to GBP15.67 on March 31, from GBP16.42 a year prior. Loss per share at GBP0.75, compared to earnings per share of GBP7.60 a year earlier.
"The company has rowed through stormy and tranquil seas since its inception in 1995 and though the short-term outlook does not contain many positives, we remain confident that our portfolio will continue to outperform the broader market and generate positive returns for shareholders," Oryx says.
Current Alba Mineral Resources stock price: 1,274.00, up 3.8% on Friday
12-month change: down 31%
By Tom Budszus; [email protected]
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