FeesSafety
Pluang+

Metals One shifts focus to gold and uranium after £15m raise, eyeing strong market outlook.

Market News
01 Jul 2026, 10:06 WIB
Proactive Investors
View Source
Bullish
Metals One shifts focus to gold and uranium after £15m raise, eyeing strong market outlook.

Metals One PLC raised over £15 million in 2025 to pivot its portfolio towards South African gold and US uranium projects, driven by record gold prices and a tightening uranium market. The company formed a vertically integrated gold strategy with Lions Bay Capital, including a cogeneration plant and the Barbrook gold assets, with Lions Bay set to increase its stake to 54.3%. Metals One also expanded uranium claims in the US and acquired stakes in gold and battery metals projects. Despite write-downs on nickel assets, the company holds £19.27 million in net assets and £8.3 million cash, focusing on derisking and advancing projects to unlock shareholder value.

More News

Investigation launched into Digital Turbine after financial report delay and restatement hit shares hard

Investigation launched into Digital Turbine after financial report delay and restatement hit shares hard

Digital Turbine delayed its Q2 2027 financial results, then restated prior financials due to $3.5 million in understated revenue share expenses. This caused the stock to drop sharply, falling over 35% after the restatement. A law firm is investigatin...

Market News
Bearish
2 hours ago
AtlasClear adds ninth correspondent, reports 85% revenue growth in fiscal 2026.

AtlasClear adds ninth correspondent, reports 85% revenue growth in fiscal 2026.

AtlasClear Holdings announced the signing of its ninth correspondent broker-dealer agreement through its subsidiary AtlasClearing, contributing to an 85% revenue increase to $20.1 million in fiscal 2026. This growth occurred before significant revenu...

Market News
Bullish
3 hours ago
Ashland board approves $0.42 quarterly dividend payable December 15, 2026

Ashland board approves $0.42 quarterly dividend payable December 15, 2026

Ashland Inc.'s board of directors declared a quarterly cash dividend of $0.42 per share, payable on December 15, 2026, to shareholders of record as of December 1, 2026. This dividend reflects the company's ongoing commitment to returning value to sha...

Company Fundamentals
Bullish
4 hours ago
AeroVironment wins $405M order for laser systems to boost Middle East counter-drone defense

AeroVironment wins $405M order for laser systems to boost Middle East counter-drone defense

AeroVironment secured a $405 million international order for its LOCUST X3 high-energy laser weapon systems, enhancing counter-drone defense capabilities in the Middle East amid rising regional security threats. Following the announcement, AeroVironm...

Market News
Bullish
4 hours ago
Vestas Q3 2026 earnings and revenue miss estimates, shares fall and guidance is cut

Vestas Q3 2026 earnings and revenue miss estimates, shares fall and guidance is cut

Vestas Wind Systems reported Q3 2026 earnings per share of $0.13 and revenue of $6.34 billion, both below analyst expectations. The company's profit was impacted by weak sales volume and a broken turbine blade. Following the earnings miss, Vestas' sh...

Company Fundamentals
Bearish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App