Mineral & Financial Investments

MAFL: 16.90 -1.75 (▼9.46%)

Delayed:2017-03-27 15:13:23
Bid Price 16.50 High Price 18.50
Ask Price 17.00 Low Price 16.22
Open Price 18.38 Spread 2.99%
Prev Close 18.50 Volume 729,248.00

Mineral & Financial Investments Share Price Chart


Historic - 1 year

Mineral & Financial Investments Share Price Information

Name Mineral & Financial Investments Epic MAFL
Sector Financial Services ISIN KYG6181G1055
Activites Mineral & Financial Investments Limited (formerly Athol Gold Limited, formerly Hameldon Resources Limited, formerly Upstream Marketing and Communications Inc) is an investment holding company. The Company's Investing Policy is to invest in the natural resources sector, with a particular focus on precious metals such as gold and silver, as well as base metals, oil and gas and uranium. Investments will be made in quoted shares, units in open ended investment companies, exchange traded funds and unquoted investments. The aim of Athol is to be a passive investor and it will not be seeking to gain control of any investee company. It intends to buy shares which it considers to be fundamentally undervalued and offer scope for material returns for shareholders within 5 years. Security Type Equity

Key numbers

Latest Share Price (p) 16.75 Net Gearing (%) -22.08
Market Cap (£m) 6.43 Gross Gearing (%) 5.31
Shares in issue (m) 34.74 Debt Ratio 1.09
P/E Ratio -5.14 Debt-to-Equity Ratio 0.20
Divs per share (p) 0.00 Assets / Equity Ratio 1.06
Dividend Yield (%) 0.00 Price to book value 7.07
Dividend Cover 0.00 SROCE (%) -54.35
Earning per share (p) -3.60 EPS Growth (%) -263.64
52-week high / low (p) 22.50 / 3.88 DPS Growth (%)

Mineral & Financial Investments Broker Views

Date Broker Rec. Price Old target price New target price Notes
21 Feb Beaufort Securities Speculative Buy 16.90 Reiterates

Mineral & Financial Investments Director Deals

Mineral & Financial Investments Company News

FLASH: Mineral & Financial completes £500,000 placing

Story provided by StockMarketWire.com

Mineral & Financial Invest says placing successful

Mineral & Financial Investments has successfully completed a placing to raise about £300,000 via the issue of 3m new shares at 10p each.

Funds raised would be used in relation to potential investment opportunities in line with the company's investing policy and for general working capital purposes.

At 9:17am: (LON:MAFL) Mineral Financial Investments Ltd share price was -1.5p at 10.63p

Story provided by StockMarketWire.com

FLASH: Mineral & Financial Invest says placing successful

Story provided by StockMarketWire.com

FTSE 100 zooms north on miners, banks

London stocks closed strongly higher with the blue-chip ladder guided compellingly north by a string of mining heavyweights as gold and silver prices firmed. A further fillip was provided by banks and insurers.

Rio Tinto (RIO) led the pack with a 6.62% rise to 3221.5p, with Anglo American (AAL) adding 4.81% to 1252p and BHP Billiton (BLT) rising 3.87% to 1361.75p. FTSE 350 indices for industrial metals and mining were up, respectively, 5.34% and 4.57%.

At about 4.44pm, gold was up 0.73% to $1178.7/oz, and copper was 1.42% lower to 264.2 cents a pound. Three-month industrial metals, barring zinc, were lower, too. Silver was up 2.32% to $17.20/oz. WTI crude was down 1.0% to $50.42/bbl and Brent was down 0.72% to $53.54/bbl.

Banks were led by Lloyds (LLOY), up 4.69% to 62.27p and Standard Chartered (STAN), up 4.21% to 684.65p. Among insurers, Old Mutual (OML) rose 4.1% to 195.6p and Prudential (PRU) rose 4.09% to 1649.25p. The FTSE 350's banks index was up 3.93% and that for life insurance was up 3.74%.

HSBC (HSBA) was up 3.91% to 679.6p despite being named among three banks fined €485m for rigging a key European benchmark rate. The others were JPMorgan and Credit Agricole. Several other UK banks settled in 2013.

Blue-chip risers outnumbered fallers 85 to 15, with 39 of those issues on the up enjoying gains of 2% or more. Supermarkets, commercial property, leisure, high-street retail, oil, general financial and house builder were all beneficiaries of the positive sentiment.

To the very limited downside, the story was written by several pharmas and consumer goods. Shire (SHP) flopped 4.49% to 4356.25p and Astrazeneca (AZN) eased 0.76% to 4007p. Unilever (ULVR) dropped 0.77% to 3111p and Reckitt Benckiser (RB.) slipped 0.21% to 6538p.

Sage (SGE), up 1.49% to 628.75p, noted media speculation and confirmed it was evaluating potential strategic options for its North American payments business, including a sale.

At the close, FTSE 100 was up 122.39 points, or 1.81%, to 6902.23, while FTSE 250 was up 173.44, or 0.99%, to 17,625.5.


LGO Energy (LGO), up 27.91% to 0.14p, is to restart drilling at the Goudron field after signing a new funding deal. The funding deal would would pay off its entire remaining debt to BNP Paribas, and put in place a new $8.6m Convertible Security Funding Agreement.

Cloudtag (CTAG), up 25.81% to 14.62p, notes the recent rise in its share price and confirmed there was no further information to be updated to the market since its announcement of Dec. 5.

Bilby (BILB), down 16.89% to 61.5p, notes a restatement of prior-year financial statements. It expected reported pretax profit for its 2016 financial statements to be restated, reducing pretax profit to £718,000, from the £1.37m previously reported.


Stateside, the number of US job openings was little changed at 5.5m on the last business day of October, US Bureau of Labor Statistics said. Over the month, hires and separations were also little changed at 5.1 million and 4.9 million, respectively. Within separations, the quits rate was unchanged at 2.1% and the layoffs and discharges rate was also flat at 1.0%.

Back in UK, Halifax's house-price index rose 0.2% in November, in line with forecasts and following a revised 1.5% rise in October.

UK's manufacturing production fell 0.9% in October, versus expectations for a 0.2% rise and from a 0.6% gain previously. UK's industrial production eased 1.3%, against forecasts for a 0.2% rise and from a fall on 0.4% previously.

Germany's industrial production rose 0.3% in October, which was below the expected rise of 0.9% and from a fall of 1.8% previously. Meantime, France's trade deficit expanded in October to €5.2bn, after a €4.79bn shortfall in September. The market anticipated a deficit of €4.2bn.


Mineral & Financial (MAFL), up 14.29% to 6p, said re-testing of historical holes at Lagoa Salgada has revealed 93m of mineralisation containing 2.85% copper equivalent, and points to a new geological structure.

LiDCO (LID), down 7.14% to 6.5p, has conditionally raised £3.0m gross via a placing and subscriptions at 6p a share. Both require shareholder approval. Milestone (MSG), up 10.53% to 0.52p, intends to pursue a company placee relating to outstanding proceeds from its October placing, and unveiled some details of a new placing.

Prospex Oil & Gas (PXOG), down 6.38% to 2.20p, has appointed Strand Hanson Ltd as its Nominated and Financial Adviser with immediate effect. Be Heard (BHRD), up 5.88% to 3.6p, has acquired Kameleon Worldwide Ltd, an award-winning content marketing agency.

Carillion (CLLN), down 3.87% to 246.2p, said its performance is meeting forecasts and it expects strong growth in total revenue and increased operating profit. Kodal Minerals (KOD), up 3.03% to 0.09p, said first rock-chip assay results confirm high-grade lithium mineralisation at the Bougouni lithium project.

Private & Commercial Finance (PCF), up 3.45% to 30p, was advised on 6 December 2016 that its application for a Banking Licence has been successful and has been approved by the Prudential Regulatory Authority (PRA) and the Financial Conduct Authority (FCA).

Redhall (RHL), up 2.94% to 8.75p, has materially improved its FY pretax loss from continuing operations to £1.1m, from a loss of £3.6m. Revenue was £43.8m, from £44.7m.

Inmarsat (ISAT), up 2.65% to 717.5p, has signed a contract with Air New Zealand to provide Global Xpress (GX) connectivity across the airline's long-haul and short-haul fleets.

Tertiary Minerals (TYM), up 2.22% to 1.15p, has entered into a non-binding Heads of Terms to acquire land and historic mine workings on its Lassedalen fluorspar project in Norway from global aluminium company, Hydro.

Stagecoach (SGC), up 1.85% to 209.5p, has posted an H1 pretax profit of £89.5m, from £90.8m. Its expectation for 2016/17 adjusted earnings per share was broadly unchanged, it said. Interim dividend was 14.4p a share, from 17.09p.

Other stocks in the news included Ironveld (IRON), John Lewis of Hungerford (JLH), Porta Communications (PTCM), SerVision (SEV), AB Dynamics (ABDP), Oakley Capital Investments (OCL), Numis (NUM), Joules (JOUL), Tethyan (TETH), Bluefield Solar Income (BSIF), Arrow Global (ARW), Kromek (KMK) and The Monks Investment Trust (MNKS). Story provided by StockMarketWire.com

Big banks rally FTSE 100

The FTSE 100 jumped 1.5% to 6,879 as banking stocks continued its rally this week.

UK banks Royal Bank of Scotland (RBS), Barclays (BARC) and HSBC (HSBA) advanced by over 3%.

Miners and insurers also added to the FTSE's strength.

West Texas Intermediate and Brent crude oil rose 0.3% to $51 and $54 per barrel, respectively.

Gold nudged higher to $1,170 per ounce and copper climbed 0.5% to $5,908 per tonne.

Manufacturing production in the UK declined by 1.3% compared with September 2016, according to the Office for National Statistics. Weakness was noted in the oil, gas and pharmaceuticals sectors.


Accounting software supplier Sage (SGE) confirmed speculation it is considering potential strategic options for its North American payments business, but this failed to move the stock.


Building support services company Carillion (CLLN) slumped 3.6% to 246p as the pace of new orders slowed in the second half of the year. This was partly due to spending delays by the Government following the Brexit vote.

British transport company Stagecoach (SGC) accelerated 2.9% after maintaining its annual earnings outlook despite lower bus profits in the first half. The firm said it planned to hike its dividend to reflect its confidence in future appetite for public transport.


Investment holding company Mineral & Financial Investments (MAFL) reported that 49%-owned TH Crestgate completed a geological re-interpretation of four historic drill holes at a Portuguese project. This revealed long intersections of copper rich polymetallic mineralisation, which caused shares to soar 19.5% to 6.28p.

Posh wellies seller Joules (JOUL) fell 5.4% to 191.5p despite a reassuring trading update. It said group revenue increased by 16.2% to £81.4m in the half year to 27 November.

Medical company LiDCo (LID) launched a 14.3% discounted cash call for £3m of funding.

Story provided by StockMarketWire.com