Griffin Mining Ltd. (GFM)

Sector:

Mining

Index:

FTSE AIM All-Share

152.00p
   
  • Change Today:
    -3.00p
  • 52 Week High: 157.00
  • 52 Week Low: 77.00
  • Currency: UK Pounds
  • Shares Issued: 184.23m
  • Volume: 246,185
  • Market Cap: £280.03m
  • RiskGrade: 291

Griffin restarts operations at Caijiaying Mine

By Josh White

Date: Friday 18 Mar 2022

LONDON (ShareCast) - (Sharecast News) - Griffin Mining announced on Friday that underground operations had now restarted at the Caijiaying Mine, and that the mill facilities were scheduled to recommence processing ore on 25 March.
The AIM-traded firm said increased cases of Covid-19 were being recorded in certain parts of China, including the north eastern Jilin province.

It said its management, contractors and other stakeholders were working closely with the local county government to ensure continuing safe operating and logistical procedures.

To date, essential supplies such as explosives and mill materials had not been affected.

The company said it was liaising with all relevant parties to ensure "total compliance" with continuing evolving regulations.

"I am grateful to our staff, contractors and government officials for managing the necessary approvals to restart the Caijiaying operations on time and so efficiently," said chairman Mladen Ninkov.

"As you would expect, we remain vigilant with the reported increase in Covid-19 cases but feel assured by the effective handling of the current situation by all the relevant Chinese authorities."

At 0943 GMT, shares in Griffin Mining were up 1.62% at 106.7p.

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.

 

GFM Market Data

Currency UK Pounds
Share Price 152.00p
Change Today -3.00p
% Change -1.94 %
52 Week High 157.00
52 Week Low 77.00
Volume 246,185
Shares Issued 184.23m
Market Cap £280.03m
RiskGrade 291

GFM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
58.47% below the market average58.47% below the market average58.47% below the market average58.47% below the market average58.47% below the market average
95.52% below the sector average95.52% below the sector average95.52% below the sector average95.52% below the sector average95.52% below the sector average
Price Trend
96.64% above the market average96.64% above the market average96.64% above the market average96.64% above the market average96.64% above the market average
94.44% above the sector average94.44% above the sector average94.44% above the sector average94.44% above the sector average94.44% above the sector average
Income
63.68% below the market average63.68% below the market average63.68% below the market average63.68% below the market average63.68% below the market average
54.55% below the sector average54.55% below the sector average54.55% below the sector average54.55% below the sector average54.55% below the sector average
Growth
74.00% above the market average74.00% above the market average74.00% above the market average74.00% above the market average74.00% above the market average
90.16% above the sector average90.16% above the sector average90.16% above the sector average90.16% above the sector average90.16% above 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 17-May-2024

Time Volume / Share Price
16:25 13 @ 152.00p
16:25 4,343 @ 154.00p
16:13 6,000 @ 152.10p
15:49 16 @ 154.00p
14:24 9,510 @ 151.99p

GFM Key Personnel

Finance Director Roger Goodwin
Chair Mladen Ninkov

Top of Page