Latest news with #AIM
Yahoo
16 hours ago
- Business
- Yahoo
DLA Piper appoints Matt Tweedie as CFO
UK law firm DLA Piper has appointed Matt Tweedie as its new CFO, effective 1 July 2025. Tweedie, who will be based in London, joins from Knight Frank, where he served as group CFO and head of business services. 'He brings valuable experience to support the firm's growth strategy,' DLA Piper said. Tweedie joined Knight Frank, real estate consultancy, in 2018 and was promoted to group CFO and head of business services in 2019. Prior to his tenure at Knight Frank, he spent two decades at Arup, including 13 years as group CFO. DLA Piper international managing partner and global co-CEO Charles Severs said: 'Matt is a highly accomplished financial leader who will help us drive efficiency and achieve our strategic growth plans. His extensive experience makes him the ideal candidate to lead our finance function.' Tweedie added: "DLA Piper is a leading brand in the legal sector. Its strong client base, sector expertise, global reach and culture make the firm stand out. I look forward to working with Charles and the leadership team to contribute to the firm's continued success.' DLA Piper has offices across the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. The firm is involved in various advisory services, including recent engagements with multiple organisations. Among its recent advisory roles, DLA Piper advised on the warranty and indemnity (W&I) insurance for a 'leading' insurer. This was in connection with the acquisition of a majority interest in the JET fuel stations network in Germany and Austria by a consortium of Stonepeak and Energy Equation Partners. Additionally, DLA Piper advised Benchmark Holdings on its proposal to return capital to shareholders, the cancellation of the admission to trading of its ordinary shares on the LSE's AIM market and Euronext Growth Oslo, and its subsequent registration as a private limited company. In another development, DLA Piper advised Rhino Federated Computing in closing its $15m Series A financing round. "DLA Piper appoints Matt Tweedie as CFO " was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
20 hours ago
- Business
- Yahoo
UK Stocks Trading Below Estimated Value In May 2025
Amidst ongoing concerns about China's economic recovery and its ripple effects on global markets, the FTSE 100 and FTSE 250 indices in the United Kingdom have faced downward pressure, reflecting broader uncertainties. In such a volatile environment, identifying stocks that are trading below their estimated value can offer potential opportunities for investors looking to navigate through market fluctuations. Name Current Price Fair Value (Est) Discount (Est) Aptitude Software Group (LSE:APTD) £2.79 £5.13 45.6% Victrex (LSE:VCT) £7.98 £15.44 48.3% SDI Group (AIM:SDI) £0.71 £1.36 48% Informa (LSE:INF) £7.96 £14.50 45.1% Just Group (LSE:JUST) £1.486 £2.95 49.7% Duke Capital (AIM:DUKE) £0.2875 £0.53 45.4% Huddled Group (AIM:HUD) £0.0305 £0.06 49.1% Entain (LSE:ENT) £7.466 £13.75 45.7% Vistry Group (LSE:VTY) £6.24 £11.39 45.2% Deliveroo (LSE:ROO) £1.754 £3.04 42.4% Click here to see the full list of 53 stocks from our Undervalued UK Stocks Based On Cash Flows screener. We're going to check out a few of the best picks from our screener tool. Overview: CVS Group plc operates in veterinary services, pet crematoria, online pharmacy, and retail sectors, with a market cap of £886.71 million. Operations: The company's revenue is primarily derived from its veterinary practices (£600.50 million), online retail business (£48.50 million), laboratories (£30.90 million), and crematoria services (£12.20 million). Estimated Discount To Fair Value: 32.5% CVS Group appears undervalued, trading 32.5% below its estimated fair value of £18.32, with a current price of £12.36. Despite lower profit margins compared to last year, the company's earnings are projected to grow significantly at 24.3% annually over the next three years, outpacing the UK market average growth rate of 14.5%. However, interest payments are not well covered by earnings, which may pose financial risks despite strong revenue forecasts and analyst optimism about future price increases. Our growth report here indicates CVS Group may be poised for an improving outlook. Click here to discover the nuances of CVS Group with our detailed financial health report. Overview: Just Group plc offers a range of retirement income products and services to individuals, homeowners, and corporate clients in the United Kingdom, with a market cap of £1.54 billion. Operations: Just Group's revenue primarily stems from its diverse offerings in retirement income solutions tailored for individuals, homeowners, and corporate clients across the UK. Estimated Discount To Fair Value: 49.7% Just Group is trading at £1.49, significantly below its estimated fair value of £2.95, indicating potential undervaluation based on cash flows. Despite a drop in profit margins to 3.2% from 6.3% last year and net income falling to £80 million, earnings are forecasted to grow at 19.7% annually, surpassing the UK market average of 14.5%. Recent dividend approval highlights ongoing shareholder returns amidst robust revenue growth projections of 29% per year. According our earnings growth report, there's an indication that Just Group might be ready to expand. Click to explore a detailed breakdown of our findings in Just Group's balance sheet health report. Overview: W.A.G payment solutions plc operates an integrated payments and mobility platform targeting the commercial road transportation industry in Europe, with a market cap of £452.68 million. Operations: The company generates revenue primarily from its Payment Solutions segment, which accounts for €2.11 billion, and its Mobility Solutions segment, contributing €125.57 million. Estimated Discount To Fair Value: 24.3% W.A.G payment solutions is trading at £0.66, below its estimated fair value of £0.87, highlighting potential undervaluation based on cash flows. Despite a forecasted revenue decline of 71.6% annually over the next three years, earnings are expected to grow significantly at 34.7% per year, outpacing the UK market average growth rate. Recent guidance suggests low-teen net revenue growth for 2025, and a special dividend of 3 pence per share has been proposed pending shareholder approval. Our comprehensive growth report raises the possibility that W.A.G payment solutions is poised for substantial financial growth. Delve into the full analysis health report here for a deeper understanding of W.A.G payment solutions. Explore the 53 names from our Undervalued UK Stocks Based On Cash Flows screener here. Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AIM:CVSG LSE:JUST and LSE:WPS. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21 hours ago
- Business
- Yahoo
Orosur Mining Inc Announces Investor Webinar
LONDON, UNITED KINGDOM / / May 28, 2025 / Orosur Mining Inc (TSXV:OMI)(AIM:OMI), the mineral explorer and developer with current operations in Columbia, Argentina and Nigeria, announces that Louis Castro, Executive Chairman and Brad George, Chief Executive Officer, will be holding a live Investor Webinar Q&A session via the Investor Meet Company platform on 2rd June 2025 at 5.00 pm (UK local time). The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am (UK Local Time) the day of the meeting or at any time during the live presentation. Investors can sign up to the Investor Meet Company platform via: Investors who already follow Orosur on the Investor Meet Company platform will automatically be invited. For further information visit on X @orosurm or contact: Orosur Mining Castro, Executive Chairman,Brad George, CEOinfo@ +1 (778) 373-0100 SP Angel Corporate Finance LLP - Nomad & Joint Broker Jeff Keating / Jen Clarke / Devik MehtaTel: +44 (0)20 3470 0470 Turner Pope Investments (TPI) Ltd - Joint Broker Andy Thacker/James PopeTel: +44 (0)20 3657 0050 Flagstaff Strategic and Investor Communications Tim ThompsonMark EdwardsFergus Mellonorosur@ +44 (0)207 129 1474 This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@ or visit SOURCE: Orosur Mining Inc View the original press release on ACCESS Newswire
Yahoo
a day ago
- Business
- Yahoo
Thor Explorations Announces First Quarter 2025 Financial and Operating Results, for the Three Months Ending March 31, 2025
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2025) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations", "Thor", the "Group" or the "Company") is pleased to provide an operational and financial review for its Segilola Gold mine, located in Nigeria ("Segilola"), and for the Company's mineral exploration properties located in Nigeria, Senegal and Cote D'Ivoire for the three months to March 31, 2025 (the "Quarter", the "Period" or "Q1"). The Company's Unaudited Condensed Consolidated Financial Statements together with the notes related thereto, as well as the Management's Discussion and Analysis for the three months ended March 31, 2025, are available on Thor Explorations' website at: All figures are in US dollars ("US$") unless otherwise stated. Q1 2025 Financial Highlights 22,750 ounces ("oz") of gold sold (Q1 2024: 17,420 oz) with an average gold price of US$2,720 per oz (Q1 2024: US$2,033). Cash operating cost of US$711 per oz sold (Q1 2024: US$418) and all-in sustaining cost ("AISC") of US$950 per oz sold (Q1 2024: US$632). Revenue of US$64.0 million (Q1 2024: US$33.3 million). EBITDA of US$43.6 million (Q1 2024: US$23.2 million). A quarterly record Net Income of US$34.4 million (Q1 2024: US$12.4 million). Net Cash of US$24.7 million (Q1 2024: Net debt of US$14.3 million). Maiden quarterly dividend of CAD$0.125 per share paid (annual dividend of CAD$0.05 per share). Operational Highlights Segilola Production Gold poured totalled 22,790 oz during Q1 2025 (Q1 2024: 18,543 oz). 22,594 oz (Q1 2024: 19,589 oz) recovered with a recovery rate of 93.7% (Q1 2024: 90.7%). 231,825 total tonnes ("t") of ore processed over Q1 2025 at a grade of 3.24 g/t Au grammes per tonne ("g/t") of gold ("Au"). Total ore mined of 272,375 t at a grade of 2.42 g/t Au during the Quarter. Segilola Exploration The Segilola underground diamond drilling program continued during the Quarter to test the depth extensions of the Segilola deposit. The drillholes are being completed on 40 m spaced sections to test the continuity of the high-grade shoots that are projected to continue down-plunge to the south. The Group aims to release the next set of results of the ongoing Segilola Underground drilling campaign in Q2 2025 and is aiming to define an updated resource before the end of 2025. In addition to this, exploration activities continued on all the Group's licences in country. A follow-up drilling program designed to test surrounding geochemical signatures and potential extensions along strike commenced after the period. Regional Exploration During Q1, the Group's focus was mainly on geochemical sampling with the intention of generating geochemical targets for follow-up with drill testing. This geochemical sampling was mainly concentrated to the south of Segilola, with results from the stream sediments, auger and rock-chip sampling continuing to indicate gold mineralisation in areas of interest acquired by the Company to the west and to the south of Segilola. Results from these programs identified the new Owode target, which is located approximately south of Segilola. Reverse Circulation ("RC") drilling to test the Owode target commenced after the Period. The Group continued to carry out exploration work on its recently assembled project area located in Ondo, approximately 50 kilometres ("km") to the south of Segilola. Stream sediment sampling, aeromagnetic surveys and hand auger geochemical sampling have been carried out delineating drill targets which the Group is positioned to test with a 2,000 m scout drilling program commencing in early June 2025. Douta At the Douta Gold Project ("Douta"), the Group announced the first set of drilling results from its 2025 regional exploration drilling program at the Baraka 3 Prospect on the Douta-West Licence. A drilling program commenced on the remaining strike length along a geological trend extending for approximately 3 km. The assay results from the two discovery drill holes include: Drillhole DTWRC129 - 19 m at 2.46 g/t Au from 29 m. Drillhole DTWRC134 - 26 m at 1.31 g/t Au from 21 m. Results were also received from a series of diamond drillholes that have been completed along the strike length from Makosa North to Makosa Tail deposits to test for depth extensions and to upgrade the classification towards the lower parts of the resource. The Group is completing a 12,000 metre drilling program on the Baraka 3 prospect in Q2 2025 from which, it will incorporate the drilling results into the Douta Pre-Feasibility Study ("PFS"). Cote d'Ivoire At Guitry, geological mapping combined with reinterpretation of existing data has resulted in the design of an initial 2,000 m drilling program scheduled to commence in Q2 2025. At Marahui, soil geochemistry sampling and geological mapping continued and defined two parallel anomalous structures, with the larger one being a 4 km long by 200 m wide anomaly. Follow up rock chip sampling confirmed bedrock mineralisation with results including 19.3 g/t Au, 10 g/t Au and 9.97 g/t Au. Drilling at Marahui is anticipated to start in late Q3 2025. Environment, Health, Safety and Social Q1 projects under the Community Development Agreements included the construction and refurbishment of a host community high school, the construction of the Oba's palace (serving as a community hall) and two road reconstruction projects within host communities. All projects are scheduled for formal handover in Q2 2025. Data gathering for the Group's 2025 ESG and sustainability reporting is ongoing and remains aligned with the Global Reporting Initiative (GRI) standards. During the three months ended March 31, 2025: Water withdrawal intensity (ML/tonne ore processed) decreased by 53% compared to the same period in 2024, supported by a 25% increase in reclaimed water use from the Tailings Management Facility. Energy intensity (GJ/oz gold produced) reduced by 17% year-on-year, reflecting continued process plant efficiency improvements implemented in 2024. The Group is in the final stages of uploading 2023 and 2024 ESG data into the Onyen ESG platform, which enables year-on-year benchmarking and alignment with international standards. The Group's 2024 ESG and Sustainability Report is expected to be published in Q2 2025. One Lost Time Injury (LTI) occurred due to a workshop incident, leading to targeted training on hand injuries and increasing the frequency of HSE audits across the workshop and other areas involving heavy machinery. In Senegal, socio-economic baseline data collection and stakeholder consultations were completed for the Douta Gold Project. This supported the submission of the Environmental Impact Assessment (EIA) to the Senegalese Ministry of Environment and Sustainable Development in March 2025. Government-led consultations at the national and regional level are anticipated to take place in Q2 2025. Environmental and social data gathering also continued in support of the ongoing Douta PFS, which aims to further define the project's potential environmental and social impacts and benefits. Outlook Production guidance of 85,000 oz – 95,000 oz for 2025 with an AISC guidance of US$$800 - US$1,000 per oz. Advance exploration programs across the portfolio, including near mine, underground and regional programmes at Segilola, drilling and infill programs at Douta, assessing regional potential targets in Nigeria and Côte d'Ivoire, and acquiring new concessions and joint partnership options on potential targets Continue to advance the Douta project towards PFS. Segun Lawson, President & CEO, stated: "We are pleased with the Company's performance during the first quarter of 2025, with strong quarterly revenue where we generated a record net income for a quarter of US$34.4 million. This was the attributable to our continued cost discipline and a favourable gold price environment during which we were able to unwind all our hedged gold positions. "During the Quarter, we produced and sold over 22,700 ounces of gold at an average price of US$2,720 per ounce, generating revenue of US$64.0 million and EBITDA of US$43.6 million. Notably, we ended the Quarter doubling our net cash position to US$24.7 million. "On the exploration front, we made significant progress across our Nigerian portfolio during the Quarter. The Segilola Underground drilling is ongoing and we look forward to updating the market with results later in Q2 2025. The identification and delineation of a number of targets also marks a promising development, and we have commenced drilling campaigns on these targets following the end of the Quarter. "At Douta, following the encouraging initial drilling discovery intercepts reported from the Baraka 3 Prospect and along the Makosa trend, we are using three drilling rigs to complete a 12,000 metre drilling campaign on the Baraka 3 target. We remain on course to complete this drilling program in Q2 and on receipt of the results, we will integrate into an updated resource model and Pre-Feasibility Study. "In Côte d'Ivoire, we continue to be excited and encouraged by the prospectivity of our portfolio where we have defined drilling targets at scale. Preparations have been finalised for initial drill testing at Guitry to commence in Q2 and subsequently for Marahui in Q3. "Looking ahead, our operational guidance for 2025 remains unchanged at 85,000 to 95,000 ounces of gold at an AlSC of $800-$1,000 per ounce. I look forward to updating shareholders in due course on our continued progress on exploration and further developments across our project portfolio." Qualified Person The above information has been prepared under the supervision of Alfred Gillman (Fellow AusIMM, CP), who is designated as a "qualified person" under National Instrument 43-101 and the AIM Rules and has reviewed and approves the content of this news release. He has also reviewed QA/QC, sampling, analytical and test data underlying the information. About Thor Explorations Thor Explorations Ltd. is a mineral exploration company engaged in the acquisition, exploration, development, and production of mineral properties located in Nigeria, Senegal, and Burkina Faso. Thor Explorations holds a 100% interest in the Segilola Gold Project located in Osun State, Nigeria and has a 70% economic interest in the Douta Gold Project located in south-eastern Senegal. Thor Explorations trades on AIM and the TSX Venture Exchange under the symbol "THX". THOR EXPLORATIONS LTD. Segun Lawson President & CEO Investor webinar to discuss Q1 2025 Financial and Operating results Segun Lawson, President and CEO, will discuss the Q1 2025 Financial and Operating results during a live investor session, via the Investor Meet Company platform on Monday, June 2nd at 3:00pm BST. The presentation is open to all existing and potential investors. Investors can sign up to Investor Meet Company for free and add to meet Thor Explorations plc via: Investors who already follow Thor Explorations on the Investor Meet Company platform will automatically be invited. Whilst the Company may not be able to answer every individual question, the aim is to address the issues raised by investors. Responses to the Q&A will be published at the earliest opportunity on the Investor Meet Company platform following the presentation. Investor feedback can also be submitted directly to management after the event to ensure the Company can understand all investor views. For further information, please email: thorexplorations@ For further information please contact: Thor Explorations Ltd Email: info@ Canaccord Genuity (Nominated Adviser & Broker) Henry Fitzgerald-O'Connor / James Asensio / Harry ReesTel: +44 (0) 20 7523 8000 Hannam & Partners (Broker) Andrew Chubb / Matt Hasson / Jay Ashfield / Franck NganouTel: +44 (0) 20 7907 8500 BlytheRay (Financial PR) Tim Blythe / Megan Ray / Said Izagaren Tel: +44 207 138 3204 Yellow Jersey PR (Financial PR) Charles Goodwin / Shivantha Thambirajah / Zara McKinlayTel: +44 (0) 20 3004 9512 NOT FOR DISSEMINATION IN THE UNITED STATES OR FORDISTRIBUTION TO U.S. WIRE SERVICES To view the source version of this press release, please visit
Daily Mail
a day ago
- Business
- Daily Mail
London's Junior AIM market to shrink by 20% as it's 'brutally knocked back' by takeovers or other exits
London's junior Aim market is on course to shrink by a fifth this year as it is 'brutally knocked back' by takeovers or other exits, figures show. Data compiled by fund manager Aberdeen and broker Peel Hunt show 61 companies, worth a combined £12.3billion, have announced plans to leave Aim, amounting to 20 per cent of the market by value. It is the latest blow to the City as London's undervalued listed firms fall victim to foreign predators or up sticks and leave for overseas markets. Aim's predicament highlights the difficulties facing smaller listed companies in particular. Some of those exiting are moving to London's main market. The report said that 'barely a week goes by' without an announcement of a company making such a move. A total of 89 companies left the junior exchange last year, with just 18 joining. Examples of recent departures include North Sea energy firm Serica, which is moving to the main London stock exchange, and healthcare firm Alliance Pharma, which has been sold to asset management firm DBay Advisors. Abby Glennie, co-manager of the Abrdn UK Smaller Companies Fund, said: 'AIM was once a thriving market, but it has been brutally knocked back by outflows in recent times. 'As a result, we're seeing many of the biggest and best AIM companies moving to a main market listing. 'It is a very ominous sign. Eventually we will be left with a tiny, illiquid market. That's fine for small, individual investors but will make it very hard to get large-scale institutional money into the growth companies of tomorrow. In that scenario, we need to be asking: 'How are we going to nurture the next generation of big UK companies?'' Proposals to boost Aim were included in the recent Mansion House Accord, under which pension firms have been persuaded to allocate 5 per cent of their funds towards UK assets. The agreement mainly covers private assets including real estate and infrastructure rather than publicly listed shares. But the latest version of the accord will now see shares listed on Aim or Aquis, a rival junior market, count towards the target.
