Iofina upbeat as it returns to normal production levels
13th Jan 2017 08:41
(ShareCast News) - Iodine and iodine specialty chemical derivative explorer and producer Iofina provided an update to the market on Friday, over 2016 crystalline iodine production totals and iodine production expectations for the first half of 2017. The AIM-traded firm said it produced a total of 21
Read moreMalcolm Lewin takes Iofina's CFO post permanently
4th Nov 2016 08:53
(ShareCast News) - Iodine and iodine specialty chemical derivatives exploration and production specialist Iofina announced the appointment of Malcolm Lewin as executive director and chief financial officer to the board on Friday, with immediate effect. The AIM-traded company said Lewin has served as
Read moreIofina on track to reach production targets for second half
13th Oct 2016 11:28
(ShareCast News) - Iofina, an AIM-listed specialist in the exploration and production of iodine and iodine chemical derivatives, has made progress towards achieving its target of 250-270 metric tonnes (MT) of crystalline iodine by the second half of 2016. The group produced 125.1 of crystalline iodi
Read moreMontana court rules against Iofina water permit
11th Aug 2016 15:23
(ShareCast News) - Iodine exploration and production specialist Iofina issued a statement to the market on Thursday, noting the recent decision of the Montana District Court in respect of its water depot project in the US state. The AIM-traded company said the court has ruled in favour of the Depart
Read moreIofina cuts losses and makes progress on debt talks
9th May 2016 08:06
(ShareCast News) - Iofina impressed investors with confirmation of record iodine production, annual losses cut more than expected and encouraging sounds from its bond talks. The company was positive at the earnings before interest, tax, depreciation and amortisation (EBITDA) level for the first time
Read moreTuesday newspaper share tips: Iofina, Carr's Group
12th Apr 2016 17:13
(ShareCast News) - Iofina shares are worth a punt, albeit admittedly being 'extremely high-risk', The Daily Telegraph's Questor said. Stock in the iodine manufacturer shot higher by almost 85.0% after the company said in a first half production it as confident of meeting its full-year target for out
Read moreAggreko withdraws from Rio Olympics bidding process, reports say
14th Dec 2015 13:53
(ShareCast News) - Aggreko has reportedly withdrawn from the bidding process for the 2016 Rio de Janeiro Olympic and Paralympic Games. The FTSE 250 company said as the tender process to provide temporary power and temperature control was still going on, it was unable to comment further at this stage
Read moreIofina increases iodine production by over 88%
9th Oct 2015 08:13
(ShareCast News) - Iofina has increased its third quarter iodine production by 88.7% compared to last year, but the company said figures were slightly impacted by maintenance work. The AIM company reported it produced 143.6 metric tonnes of iodine for the quarter, up from 76.1 metric tonnes in Q3 20
Read moreIofina says first-half production will be above market expectations
16th Jun 2015 13:02
Iodine producer Iofina said its production target for the first half of the year will be ahead of expectations. The company raised its target to 260 metric tonnes of crystalline iodine from 220-260 metric tonnes. Chief executive Tom Becker said: "We are pleased that our focused operations in our co
Read moreIofina subsidiary has Montana water project permit denied
5th Jun 2015 11:05
Iofina shareholders were on Friday disappointed by the news the company's wholly-owned subsidiary had the preliminary permit on its Water Depot project in Montana denied. Atlantis Water Solutions faced objection to the permit from Montana's Department of Natural Resources and Conservation. "The com
Read moreIofina on track to meet first half production target
15th Apr 2015 16:12
Iodine producer Iofina said it produced a record amount of the element last month and was on target to meet its target for the first half of the year. In a statement released on Wednesday, the group said its output in the first quarter reached a record 127.9 tonnes, compared with the 47 tonnes it pr
Read moreTuesday broker round-up UPDATE
30th Sep 2014 09:50
Aberdeen: Goldman Sachs ups target price from 540p to 560pp retaining a buy recommendation. African Barrick Gold: Deutsche Bank moves target price from 270p to 280p and reiterates a hold recommendation. Investec lowers target price from 260p to 258p, while upgrading to buy. African Minerals: Invest
Read moreIofina profitable as production jumps in May
3rd Jun 2014 10:23
Iodine producer Iofina enjoyed better production than it expected in May, 86% higher than its previous months' production, and was profitable for the month. Chairman Lance Baller said the iodine market continued to be challenging, but the company was benefitting from its low level inventory levels
Read moreIofina tanks as fracking hits profits
23rd Apr 2014 09:22
Shares in Iodine producer Iofina fell by more than half in early trading after it warned that production will be significantly below market expectations as it is temporarily supplied with less brine water due to nearby drilling. The primary operator in Oklahoma who supplies Iofina with brine has be
Read moreWednesday broker round-up UPDATE
23rd Apr 2014 09:04
AB Foods: Numis upgrades from sell to reduce with a target price of 2240p. AstraZeneca: Citi raises target price from 3500p to 4900p and upgrades to buy. Fenner: Investec cuts target price from 375p to 360p and reiterates its sell recommendation. Genus: N+1 Singer upgrades to hold with a target p
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