Wednesday broker round-up UPDATE
20th Feb 2013 07:04
Amara Mining: Goldman Sachs moves target price from 90p to 55p downgrading to neutral. Aureus Mining: Goldman Sachs revises target price from 65p to 55p retaining a neutral rating. Avocet Mining: Goldman Sachs cuts target price from 55p to 30p and upgrades from sell to neutral. AZ Electronic Mate
Read moreFirst half revenue down 8.0 per cent at Europa Oil and Gas
19th Feb 2013 09:31
Revenue for the first half of the fiscal year 2013 was down 8.0 per cent at AIM-listed Europa Oil & Gas, financial results from the company have shown. The company reported that revenue fell to £2.2m compared to £2.4m in the first half of 2011 for three onshore producing UK assets. The average vo
Read moreEuropa Oil & Gas shares soar on positive results from Kiernan prospect
16th Jan 2013 11:12
Europa Oil & Gas advanced Wednesday after its Kiernan prospect off Ireland's west revealed positive results. The group climbed 7.78% on the announcement that Kieran was found to potentially contain 1.6bn barrels of oil. Kiernan was said to comprise of stratigraphic, or stacked, traps in three res
Read moreFriday broker round-up UPDATE
14th Dec 2012 08:09
Anglo American: UBS reduces target price from 2150p to 1860p and downgrades to neutral. JP Morgan reiterates underweight. BG Group: Barclays reduces target price from 1490p to 1450p, while reiterating an overweight rating. BP: Barclays cuts target price from 500p to 480p and keeps an underweight r
Read moreResources round-up: Firestone Diamonds, Edge Resources, Ormonde Mining
16th Oct 2012 15:00
Firestone Diamonds jumped 12.9% after the firm reported it had discovered very rare 'type 2' diamonds at its Liqhobong mine in Lesotho. Type 2A diamonds - of which the company found 28 - make up less than 2% of all diamonds and are considered the purest of all diamonds. One of the diamonds found -
Read moreEuropa rockets on Atlantic discovery
19th Sep 2012 08:28
Europa Oil and Gas says it has found two sizeable prospects in it licence area in the Irish Atlantic Margin. The fact oil has already been found at the Burren discovery close to the company's prospects is also good news for Europa, further increasing the chance that it too could strike black gold.
Read moreEuropa's revenues soar as oil price and volumes rise
8th Feb 2012 13:57
Europa Oil & Gas, the AIM-listed oil and gas exploration and development company, has reported a significant improvement in UK production and revenues generated during the six month period ending January 31st. The firm achieved a 61% increase in the first half revenues to £2.4m compared with £1.5
Read moreEuropa exits Romania, West Firsby production resumes
20th Jan 2012 08:10
Europa Oil & Gas is to relinquish its 28.75% stake at the Brodina concession in Romania. The decision will mean the firm has to write off £2.7m that has already been sunk in to the project. In today's update Europa also says production has resumed at the West Firsby 7 well in the East Midlands. The
Read moreCable and Wireless chairman pockets shares
16th Nov 2011 15:22
The chairman of FTSE 250 firm Cable and Wireless Worldwide has snapped up shares just one day after the firm announced a big fall in profits. John Barton pocketed 100,000 in the embattled telecoms firm for a total sum of £22,940. Earlier this week C&WW posted pre-tax profits of £35m in the first
Read moreLondon close: Footsie stages late recovery
15th Nov 2011 16:38
London's FTSE 100 index bucked the trend in global markets on Tuesday to trade broadly flat by the close despite some heavy falls for Burberry and the banks. Some slightly better-than-expected domestic economic news seemed to lift sentiment in the UK during the day. Worth noting, UBS has set its ye
Read moreLondon midday: Euro concerns dampen sentiment, Burberry falls
15th Nov 2011 12:05
Just six stocks were in the blue by midday, as reports of political difficulties for the Italy's Prime Minister-in-waiting shook investors' nerves. London's blue chip index remains firmly in negative territory, registering a fall of 1.35% by 12:05. ITALIAN, SPANISH YIELDS ON THE RISE Former EU Com
Read moreEuropa Oil and Gas dig hole to nowhere in Romania
15th Nov 2011 11:44
Europa Oil and Gas has seen its share price plummet in morning trading following the announcement that drilling at its Horodnic-1 exploration well in northern Romania has been a failure. It says of the operation, which cost Europa £720,000, that "no potentially commercial hydrocarbon bearing interv
Read moreEuropa Oil enters new phase of exploration
17th Oct 2011 13:14
AIM-listed firm Europe Oil and Gas has been awarded two exploration licensing options covering four-block parcels off the west coast of Ireland. The options, for the Porcupine basin, were granted in the Irish Atlantic Margin Licensing Round, a platform for oil and gas companies to apply for new au
Read moreLondon close: Stocks soar as euro talks proceed
27th Sep 2011 16:33
The top share index surged in early dealings and continued heading higher towards the close amid optimism that European leaders will get to grips with the euro crisis. Talks are still ongoing about an expansion of the European Financial Stability Fund, with conflicting signals over whether an agree
Read moreLondon midday: Stocks advance on Euro hopes
27th Sep 2011 12:00
Stocks have built on their early morning gains as optimism that some kind of end to the Eurozone crisis is in sight continues. Talks are still ongoing about an expansion of the European Financial Stability Fund, with conflicting signals over whether an agreement is near failing to put investors of
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