Petrel Resources (CDI) (PET)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

1.35p
   
  • Change Today:
    -0.20p
  • 52 Week High: 3.15p
  • 52 Week Low: 0.95p
  • Currency: UK Pounds
  • Shares Issued: 183.87m
  • Volume: 362,572
  • Market Cap: £2.48m
  • RiskGrade: 380

Resource round-up: Oxus, Petrel Resources, Stellar Diamonds

Date: Tuesday 18 Sep 2012

LONDON (ShareCast) - Shares in Oxus Gold rocketed 47% after it said accountants had submitted a detailed assessment of losses as it continues to battle the government of Uzbekistan over the taking of two of its mineral assets in the country. The firm added the Uzbek government had agreed to temporarily suspend its $10.84m claim against Oxus that was to be heard in the British courts.

Petrel Resources was also a hot property after it appeared to have sorted out problems in Iraq. The firm said it had clarified its position with the national authorities in relation to existing and historic projects in which Petrel has or had an interest. However, it gave no more detail. It added that work with national and regional authorities in Iraq to identify projects in which Petrel can be involved was ongoing. Share were up 23% following the news.

Stellar Diamonds was another riser after it released positive sampling results from the Katcha Dyke at its Droujba kimberlite project in Guinea. "The high grades from bulk sampling at the Katcha Dyke demonstrate its potential to enlarge the Droujba project resource base," said Chief Executive Karl Smithson. "The presence of several large near gem quality diamonds up to 15.8 carats in size from this relatively small diamond parcel is further cause for encouragement," he added. The company's stock rose 4% on the news.

MM

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.

 

PET Market Data

Currency UK Pounds
Share Price 1.35p
Change Today -0.20p
% Change -12.90 %
52 Week High 3.15p
52 Week Low 0.95p
Volume 362,572
Shares Issued 183.87m
Market Cap £2.48m
RiskGrade 380

PET Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
63.26% below the market average63.26% below the market average63.26% below the market average63.26% below the market average63.26% below the market average
31.58% below the sector average31.58% below the sector average31.58% below the sector average31.58% below the sector average31.58% below the sector average
Price Trend
46.17% below the market average46.17% below the market average46.17% below the market average46.17% below the market average46.17% below the market average
78.05% above the sector average78.05% above the sector average78.05% above the sector average78.05% above the sector average78.05% above the sector average
Income Not Available
Growth Not Available

PET Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:02 140,000 @ 1.40p
15:10 69,876 @ 1.40p
15:06 58,827 @ 1.34p
09:33 8,509 @ 1.56p
09:33 10,360 @ 1.34p

PET Key Personnel

Chair David Horgan
Finance Director James Finn

Top of Page