Bens Creek Group (BEN)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

 4.25p
   
  • Change Today:
      0.000p
  • 52 Week High: 20.60
  • 52 Week Low: 4.10
  • Currency: UK Pounds
  • Shares Issued: 399.87m
  • Volume: 275,435
  • Market Cap: £16.99m

Bens Creek highwall miner set to restart operations

By Josh White

Date: Monday 14 Aug 2023

LONDON (ShareCast) - (Sharecast News) - North American metallurgical coal miner Bens Creek Group announced on Monday that highwall miner unit 81 (HWM 81) is set to restart operations by 21 August.
The AIM-traded firm said the unit's operation was temporarily halted following a mining incident in June, as it reported on 26 June.

It said the interruption was necessary to facilitate repair works, and to re-establish essential benching infrastructure.

Despite the unforeseen incident and subsequent halt in HWM 81's operations, the board said the production setback was only temporary.

The company affirmed that, apart from the expenses incurred for benching repair, no additional costs were borne due to the damage to the HWM 81.

Additionally, Bens Creek said it remained optimistic on fulfilling all of its current orders.

"We are delighted that HWM 81 will be returning to operations later this month on schedule," said chief executive officer Adam Wilson.

"We remain confident that we will meet our production targets and fulfil all our orders."

At 0925 BST, shares in Bens Creek Group were up 5.45% at 14.5p.

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.

 

BEN Market Data

Currency UK Pounds
Share Price 4.25p
Change Today 0.000p
% Change 0.00 %
52 Week High 20.60
52 Week Low 4.10
Volume 275,435
Shares Issued 399.87m
Market Cap £16.99m

BEN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
14.27% below the market average14.27% below the market average14.27% below the market average14.27% below the market average14.27% below the market average
67.69% below the sector average67.69% below the sector average67.69% below the sector average67.69% below the sector average67.69% below the sector average
Price Trend
97.27% below the market average97.27% below the market average97.27% below the market average97.27% below the market average97.27% below the market average
93.01% below the sector average93.01% below the sector average93.01% below the sector average93.01% below the sector average93.01% below the sector average
Income Not Available
Growth
22.33% above the market average22.33% above the market average22.33% above the market average22.33% above the market average22.33% above the market average
21.88% above the sector average21.88% above the sector average21.88% above the sector average21.88% above the sector average21.88% above the sector average

BEN Dividends

No dividends found

Trades for 01-Mar-2024

Time Volume / Share Price
15:51 2,119 @ 4.10p
14:31 100,000 @ 4.11p
13:43 24,325 @ 4.15p
12:55 500 @ 4.10p
11:02 11,456 @ 4.33p

BEN Key Personnel

CEO Adam Wilson

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