Latest news with #AltynGold
Business Wire
2 days ago
- Business
- Business Wire
AGM Statement
LONDON--(BUSINESS WIRE)-- AltynGold Plc ("AltynGold" or the "Company") CHANGE OF VENUE FOR THE 2025 ANNUAL GENERAL MEETING NEW LOCATION: Hudson Sandler office, 25 Charterhouse Square, LONDON EC1M 6AE London, 10 June 2025 - AltynGold (LSE: ALTN) Notice is hereby given that 2025 Annual General Meeting ('AGM') will be held at Hudson Sandler office, 25 Charterhouse Square, EC1M 6AE, London at 11 am BST Friday, 20th June 2025. Except for the change of venue, all other information set out in Annual report, including the date and time of the meeting, and the resolutions to be considered at the AGM, remain unchanged. Proxy and voting instructions relating to the original venue remain unchanged and will be valid for the new venue. Shareholders are encouraged, should they wish, to submit questions in advance of the Meeting by email to the Company Secretary attention at info@ Further Information: For further information, please contact: AltynGold Plc Rajinder Basra +44 (0) 203 432 3198 The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018. Information on the Company AltynGold Plc (LSE:ALTN) is an exploration and development company which is listed on the Main Market of the London Stock Exchange. To read more about AltynGold, please visit our website and follow on X at @AltynPlc and on LinkedIn at AltynGold Plc.
Business Wire
30-05-2025
- Business
- Business Wire
Statement re media comment
LONDON--(BUSINESS WIRE)-- AltynGold Plc ("AltynGold" or the "Company") Statement re media comment London, 30 May 2025 - AltynGold (LSE: ALTN) notes recent market comment regarding the Company's growth strategy and is aware investor bulletin board commentary has alluded to the Company's growth activities in Central Asia referencing certain mining projects not currently owned by AltynGold. The Company confirms, for the sake of clarity, that its focus remains on increasing production from its existing portfolio. As previously stated in the management's strategy and commentary, the Company nevertheless, continues to review potential assets within Kazakhstan pursuant to a longer-term intention to increase the asset base of the Company if attractive opportunities present themselves. Naturally, should the Company embark on a course of action leading to the acquisition of new assets, it would update the market in an appropriate manner as a standard course of action. Further Information: For further information, please contact: AltynGold Plc Rajinder Basra +44 (0) 203 432 3198 The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018. Information on the Company AltynGold Plc (LSE:ALTN) is an exploration and development company which is listed on the Main Market of the London Stock Exchange. To read more about AltynGold, please visit our website and follow on X at @AltynPlc and on LinkedIn at AltynGold Plc.
Yahoo
18-05-2025
- Business
- Yahoo
AltynGold's (LON:ALTN) earnings growth rate lags the 177% return delivered to shareholders
It might be of some concern to shareholders to see the AltynGold plc (LON:ALTN) share price down 18% in the last month. But that doesn't change the fact that the returns over the last year have been very strong. Like an eagle, the share price soared 177% in that time. So it may be that the share price is simply cooling off after a strong rise. Investors should be wondering whether the business itself has the fundamental value required to continue to drive gains. While the stock has fallen 17% this week, it's worth focusing on the longer term and seeing if the stocks historical returns have been driven by the underlying fundamentals. We've discovered 2 warning signs about AltynGold. View them for free. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. During the last year AltynGold grew its earnings per share (EPS) by 133%. The share price gain of 177% certainly outpaced the EPS growth. So it's fair to assume the market has a higher opinion of the business than it a year ago. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. Dive deeper into the earnings by checking this interactive graph of AltynGold's earnings, revenue and cash flow. It's nice to see that AltynGold shareholders have received a total shareholder return of 177% over the last year. That's better than the annualised return of 17% over half a decade, implying that the company is doing better recently. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Take risks, for example - AltynGold has 2 warning signs we think you should be aware of. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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.
Yahoo
18-05-2025
- Business
- Yahoo
AltynGold's (LON:ALTN) earnings growth rate lags the 177% return delivered to shareholders
It might be of some concern to shareholders to see the AltynGold plc (LON:ALTN) share price down 18% in the last month. But that doesn't change the fact that the returns over the last year have been very strong. Like an eagle, the share price soared 177% in that time. So it may be that the share price is simply cooling off after a strong rise. Investors should be wondering whether the business itself has the fundamental value required to continue to drive gains. While the stock has fallen 17% this week, it's worth focusing on the longer term and seeing if the stocks historical returns have been driven by the underlying fundamentals. We've discovered 2 warning signs about AltynGold. View them for free. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. During the last year AltynGold grew its earnings per share (EPS) by 133%. The share price gain of 177% certainly outpaced the EPS growth. So it's fair to assume the market has a higher opinion of the business than it a year ago. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. Dive deeper into the earnings by checking this interactive graph of AltynGold's earnings, revenue and cash flow. It's nice to see that AltynGold shareholders have received a total shareholder return of 177% over the last year. That's better than the annualised return of 17% over half a decade, implying that the company is doing better recently. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Take risks, for example - AltynGold has 2 warning signs we think you should be aware of. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: many of them are unnoticed AND have attractive valuation). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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.
Yahoo
29-01-2025
- Business
- Yahoo
Is AltynGold plc's (LON:ALTN) Recent Stock Performance Tethered To Its Strong Fundamentals?
Most readers would already be aware that AltynGold's (LON:ALTN) stock increased significantly by 20% over the past month. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Particularly, we will be paying attention to AltynGold's ROE today. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders. See our latest analysis for AltynGold The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for AltynGold is: 22% = US$17m ÷ US$75m (Based on the trailing twelve months to June 2024). The 'return' is the amount earned after tax over the last twelve months. That means that for every £1 worth of shareholders' equity, the company generated £0.22 in profit. Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. At first glance, AltynGold seems to have a decent ROE. Especially when compared to the industry average of 10% the company's ROE looks pretty impressive. This probably laid the ground for AltynGold's significant 38% net income growth seen over the past five years. We reckon that there could also be other factors at play here. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio. As a next step, we compared AltynGold's net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 11%. Earnings growth is an important metric to consider when valuing a stock. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). Doing so will help them establish if the stock's future looks promising or ominous. Is AltynGold fairly valued compared to other companies? These 3 valuation measures might help you decide. AltynGold doesn't pay any regular dividends currently which essentially means that it has been reinvesting all of its profits into the business. This definitely contributes to the high earnings growth number that we discussed above. In total, we are pretty happy with AltynGold's performance. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. If the company continues to grow its earnings the way it has, that could have a positive impact on its share price given how earnings per share influence long-term share prices. Remember, the price of a stock is also dependent on the perceived risk. Therefore investors must keep themselves informed about the risks involved before investing in any company. To know the 3 risks we have identified for AltynGold visit our risks dashboard for free. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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.
