Bisichi (BISI)

Sector:

Mining

82.50p
   
  • Change Today:
    -5.00p
  • 52 Week High: 265.00
  • 52 Week Low: 82.50
  • Currency: UK Pounds
  • Shares Issued: 10.68m
  • Volume: 7,180
  • Market Cap: £8.81m
  • RiskGrade: 154

Deal with Barclays    Trade now with Barclays Stockbrokers

Bisichi in the black as coal production up

By Michael Millar

Date: Thursday 30 Aug 2012

LONDON (ShareCast) - South Africa-focused coal miner Bisichi Mining jumped back into profit in the first half, driven by a third opencast at its Black Wattle Colliery.

Revenues grew to £16.5m, from £13.2m the year before, with profits coming in at £1.1m.

This compared with a loss of £1.8m in the first six months of 2011.

Earnings per share were 10.9p, up from a loss per share of 11.5p the previous year.

The turnaround at the Black Wattle Colliery was largely attributable to the opening of a third opencast pit early in the second half of last year and the selling of Bisichi's coal into new, lower quality, markets.

This allowed the firm to mine coal that would otherwise be unsuitable for supply to its traditional, higher quality market.

As a result of the opening of the new pit, the mines' monthly production for the first six months of 2012 increased to an average of 150,000 metric tonnes.

This compared with the average monthly production of 110,000 metric tonnes achieved in the same period last year and 135,000 metric tonnes achieved in the second half of 2011.

Chairman Michael Heller said he saw the strong demand for his firm's coal which continuing for the rest of the year.

Email this article to a friend

or share it with one of these popular networks:


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.

 

Bisichi Market Data

Currency UK Pounds
Share Price 82.50p
Change Today -5.00p
% Change -5.71 %
52 Week High 265.00
52 Week Low 82.50
Volume 7,180
Shares Issued 10.68m
Market Cap £8.81m
RiskGrade 154

Bisichi Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.63% above the market average79.63% above the market average79.63% above the market average79.63% above the market average79.63% above the market average
70.99% above the sector average70.99% above the sector average70.99% above the sector average70.99% above the sector average70.99% above the sector average
Price Trend
70.51% below the market average70.51% below the market average70.51% below the market average70.51% below the market average70.51% below the market average
37.06% below the sector average37.06% below the sector average37.06% below the sector average37.06% below the sector average37.06% below the sector average
Income
90.92% above the market average90.92% above the market average90.92% above the market average90.92% above the market average90.92% above the market average
91.30% above the sector average91.30% above the sector average91.30% above the sector average91.30% above the sector average91.30% above the sector average
Growth
98.72% above the market average98.72% above the market average98.72% above the market average98.72% above the market average98.72% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

Bisichi Dividends

  Latest Previous
  Interim Final
Ex-Div 04-Jan-24 06-Jul-23
Paid 02-Feb-24 28-Jul-23
Amount 3.00p 4.00p

Trades for 28-Mar-2024

Time Volume / Share Price
16:27 1 @ 85.00p
16:25 1,000 @ 85.00p
16:24 2,500 @ 85.00p
15:30 2,000 @ 86.16p
15:19 1,575 @ 86.16p

Bisichi Key Personnel

Finance Director Garrett Casey

Top of Page