Arkadian Strategic Metals PLC shares rose on Thursday after it reported that losses narrowed in the first half of the year.
Shares in London-based mineral exploration and development company were up 6.8% to 0.012 pence in London.
Arkadian’s pretax loss narrowed to £627,000 in the six months to May 31, from £761,000 a year earlier.
Looking forward, the company said its immediate priority for the Motzfeldt mine in southern Greenland, in which Arkadian holds a 51% stake, is to advance the project through a coordinated programme of resource, metallurgical, environmental and engineering work.
Regarding the Welsh Clogau-St David’s gold mine, Arkadian said its decisions will be guided by the results of the ongoing geological review.
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Source link
Author
- Ytv Market News
- Share-market news writer and analyst with deep experience covering equities, commodities, forex, and cryptocurrencies for readers in the USA, UK, Canada, and Australia. Ytv Market News delivers timely market updates, practical trading insights, and clear explanations of macro and company-level catalysts that move prices. Combines on-the-ground financial reporting with technical analysis, using concise charts and actionable ideas to help investors and traders make smarter decisions.
Latest entries
Credit Cards USAAugust 28, 2026Amex Tops Credit Card Satisfaction as Financial Stress Deepens
UsaAugust 28, 2026NuScale Wouldn’t Own a Reactor in the Deal Driving Its Stock
AustraliaAugust 28, 2026Why these 3 top ASX dividend shares are my biggest holdings
Crypto NewsAugust 28, 2026Brazil central bank prepares crypto monitoring system after $180M cyberattack
