Griffin Mining Ltd. (GFM)

Sector:

Mining

Index:

FTSE AIM All-Share

152.00p
   
  • Change Today:
      6.00p
  • 52 Week High: 152.00
  • 52 Week Low: 77.00
  • Currency: UK Pounds
  • Shares Issued: 184.53m
  • Volume: 254,039
  • Market Cap: £280.49m
  • RiskGrade: 291

Board member resigns from Griffin Mining's HHA subsidiary

By Josh White

Date: Friday 23 Feb 2024

LONDON (ShareCast) - (Sharecast News) - Griffin Mining announced the resignation of Shengchang Jin from his position as a director of Hebei Hua Ao Mining (HHA), an operating subsidiary owned 88.8% by the company, on Friday.
The AIM-traded firm said that effective 7 January, a termination agreement had been formalised, signifying the cessation of Jin's involvement with HHA in any capacity.

Regarding Jin's potential legal actions in the People's Republic of China concerning his role as chief executive officer of Zhangjiakou Yuanrun Enterprise Management Consulting Service, a minority 11.2% shareholder in HHA, Griffin said it had remained uninformed since its announcement on 15 December.

It reiterated that ongoing investigations solely concerned Jin and did not implicate HHA's operations or relevant statutory licences granted by the government.

At 0915 GMT, shares in Griffin Mining were down 0.56% at 96.46p.

Reporting by Josh White for Sharecast.com.

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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.

 

GFM Market Data

Currency UK Pounds
Share Price 152.00p
Change Today 6.00p
% Change 4.11 %
52 Week High 152.00
52 Week Low 77.00
Volume 254,039
Shares Issued 184.53m
Market Cap £280.49m
RiskGrade 291

GFM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
24.75% above the market average24.75% above the market average24.75% above the market average24.75% above the market average24.75% above the market average
30.83% below the sector average30.83% below the sector average30.83% below the sector average30.83% below the sector average30.83% below the sector average
Price Trend
94.14% above the market average94.14% above the market average94.14% above the market average94.14% above the market average94.14% above the market average
90.34% above the sector average90.34% above the sector average90.34% above the sector average90.34% above the sector average90.34% above the sector average
Income Not Available
Growth
26.95% below the market average26.95% below the market average26.95% below the market average26.95% below the market average26.95% below the market average
20.63% below the sector average20.63% below the sector average20.63% below the sector average20.63% below the sector average20.63% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

GFM Dividends

No dividends found

Trades for 26-Apr-2024

Time Volume / Share Price
12:42 30,315 @ 150.62p
15:53 10,000 @ 149.76p
15:49 10,000 @ 149.76p
16:35 7,094 @ 152.00p
16:35 545 @ 152.00p

GFM Key Personnel

Finance Director Roger Goodwin
Chair Mladen Ninkov

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