Petropavlovsk lowers guidance as it sorts out previous management mess
30th Jul 2018 15:07
(Sharecast News) - Petropavlovsk updated the market on its trading for the first half to 30 June on Monday, reporting that its full operational review was now underway, after being launched by the company's CEO following his appointment at the end of June.
Read moreMonday broker round-up
30th Jul 2018 13:17
(Sharecast News) - Sophos Group: Numis upgrades to add with a target price of 580p.
Read morePetropavlovsk updates on debt restructuring with VTB
31st Oct 2016 10:46
(ShareCast News) - Petropavlosk expected to close its debt restructuring with one of its main lenders, VTB, on Monday, the company said in a statement. Both Russian lenders had already agreed, at the end of September 2016, to extend the maturity profile of Petropavlovsk´s debt out to 2022, subject t
Read morePetropavlovsk first half production drops 22pc
19th Jul 2016 15:29
(ShareCast News) - Petropavlovsk published a trading update for the six months to 30 June on Tuesday, in advance of its half-year interim results, which are due on 28 September. The London-listed firm said first half total gold production was 187,400 ounces, a 22% decrease on 2015, mainly due to the
Read moreDirector dealings: Kennedy Wilson Europe director splashes out
12th May 2016 15:24
(ShareCast News) - Mary Ricks, president and chief executive of Kennedy Wilson, the manager of the Kennedy Wilson Europe Real Estate investment trust, has splashed out more than £216,000 to swell her stake in the property developer. The FTSE 250-listed investor said Ricks bought 20,000 shares at an
Read morePetropavlovsk swings to loss on poor gold prices
27th Aug 2015 12:09
(ShareCast News) - Russian gold producer Petropavlovsk swung to a first half loss but predicted higher second half production. Shares in the miner were up by 0.75% to 5.74p at 1224 BST, as the company posted a £26m loss, from a pre-tax profit of $8.3m the year prior. Petropavlovsk said its profits
Read moreTuesday preview: UK deficit shrinking further, PSNB should show
20th Jul 2015 16:40
(ShareCast News) - A further considerable improvement in UK public finances should be the main item of interest for macroeconomic data hounds on Tuesday, in an otherwise very quiet day for scheduled economic data. The UK public sector net borrowing figures for June will be unveiled by the Office for
Read morePetropavlovsk to cut debt pile further
29th Apr 2015 15:51
Petropavlovsk, the London listed mining company, issued its audited 2014 results and provided investors with a production update for the first quarter. Due to the lower gold price the company had to streamline to make itself more secure. Peter Hambro, Chairman of Petropavlovsk said the company had
Read moreSector movers: Rio Tinto leads miners lower on weak Q1, broker downgrade
21st Apr 2015 14:52
Mining stocks were among the worst performers on Tuesday afternoon as investors booked profits after a strong showing the previous session. Metal producers' shares had surged on Monday following news that China has lowered its reserve requirement ratio by the most since 2008 in an effort to spur ban
Read morePetropavlovsk completes refinancing but overhang remains
19th Mar 2015 08:52
Russian gold miner Petropavlovsk has completed its refinancing and reiterated its confidence in meeting 2015 production guidance. The company has issued 3.1bn rights issue shares and $100m of new bonds. Petropavlovk has seen a poor take-up rate for the 157-for-10 rights issue of just 35.35% and tha
Read moreTuesday broker round-up
9th Dec 2014 09:23
Aberdeen: Cantor Fitzgerald initiates with a target price of 520p and a 'buy' recommendation. Aggreko: Jefferies reduces target price from 1810p to 1350p, downgrading to 'underperform'. Ashcourt Rowan: Cantor Fitzgerald initiates with a target price of 270p and a 'buy' recommendation. Ashmore: Can
Read moreFriday broker round-up UPDATE
24th Oct 2014 10:11
Advanced Medical Solutions: Oriel initiates with a target price of 135p and a buy recommendation. African Barrick Gold: JP Morgan moves target price from 300p to 310p maintaining its overweight rating. Canaccord Genuity reduces target price from 330p to 275p keeping a buy recommendation. Numis moves
Read moreTuesday broker round-up UPDATE
21st Oct 2014 08:50
African Barrick Gold: JP Morgan cuts target price from 340p to 300p and stays with its overweight rating. Anglo American: JP Morgan raises target price from 1240p to 1310p, while leaving its underweight rating unchanged. Investec increases target price from 1573p to 1603p and stays with its buy reco
Read moreThursday broker round-up UPDATE
9th Oct 2014 09:27
African Barrick Gold: Numis reduces target price from 330p to 270p keeping its hold recommendation. Antofagasta: Numis upgrades to hold with a target price of 700p. Aureus Mining: Numis lowers target price from 45p to 40p staying with its buy recommendation. Boohoo: Barclays initiates with a targe
Read moreThursday broker round-up UPDATE
28th Aug 2014 09:24
Antofagasta: Investec lowers target price from 720p to 719p and retains a sell recommendation. Arrow Global: Canaccord Genuity moves target price from 318p to 325p and keeps a buy recommendation. Numis downgrades from buy to add with a target price of 285p. Balfour Beatty: Berenberg moves target p
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