Alien Metals Limited NPV (DI) (UFO)

Sector:

Mining

Index:

FTSE AIM All-Share

 0.13p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.49
  • 52 Week Low: 0.12
  • Currency: UK Pounds
  • Shares Issued: 6,362m
  • Volume: 9,365,607
  • Market Cap: £8.27m
  • RiskGrade: 512

Alien Metals falls on termination of earn-in deal

By Josh White

Date: Thursday 10 Jun 2021

LONDON (ShareCast) - (Sharecast News) - Minerals exploration and development company Alien Metals said on Thursday that it has been advised by Capstone Mining of the termination of the earn-in agreement between Alien, Estrella de Plata, Capstone Mining and Capstone Gold, effective from 9 July.
The AIM-traded firm initially announced the agreement on 22 October last year.

It said the earn-in agreement related to its Donovan 2 copper-gold project in Mexico.

"Capstone have decided not to proceed with the exploration on Donovan 2 advising that their corporate strategy has shifted and also that they did not receive sufficient confidence from their maiden drilling recently completed on Donovan 2 to continue," said chief executive officer and technical director Bill Brodie Good.

"Capstone advised that their work was not exhaustive and with coincidental work just done a couple of days ago by Alien we are already starting to think about how we may approach further exploration work.

"It has been great working with the Capstone team and we appreciate their input to date which we hope to build and develop on for the future of the project."

At 1528 BST, shares in Alien Metals were down 12.56% at 0.94p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

UFO Market Data

Currency UK Pounds
Share Price 0.13p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.49
52 Week Low 0.12
Volume 9,365,607
Shares Issued 6,362m
Market Cap £8.27m
RiskGrade 512

UFO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.60% above the market average62.60% above the market average62.60% above the market average62.60% above the market average62.60% above the market average
0.76% above the sector average0.76% above the sector average0.76% above the sector average0.76% above the sector average0.76% above the sector average
Price Trend
84.23% below the market average84.23% below the market average84.23% below the market average84.23% below the market average84.23% below the market average
67.83% below the sector average67.83% below the sector average67.83% below the sector average67.83% below the sector average67.83% below the sector average
Income Not Available
Growth Not Available

UFO Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:27 3,739 @ 0.13p
15:47 500,000 @ 0.12p
15:47 3,739 @ 0.13p
15:47 500,000 @ 0.14p
15:11 400,000 @ 0.12p

UFO Key Personnel

Finance Director Guy Adrian Robertson
CEO Troy Whittaker

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