News Results for Iofina (IOF)

  • 26 Jun
    14:53
    Iofina secures two-month debt repayment extension from Stena Investments

    Iodine producer Iofina said it had secured a two-month loan repayment extension while it looks to refinance its debt. The company said it was in the final stages of negotiation with a new primary...

  • 27 May
    08:36
    Iofina swings to profit on higher sales, iodine prices

    Iodine manufacturer Iofina swung to annual profit as revenue increased by more than a fifth on higher sales and iodine prices. For the 12 months to 31 December 2019, the company reported a pre-tax...

  • 27 May
    08:30
    Broker Forecast - finnCap issues a broker note on Iofina PLC

    finnCap today reaffirms its corporate investment rating on Iofina PLC (LON:IOF) and cut its price target to 32p (from 35p). Story provided by StockMarketWire.com Broker Forecasts data provided by...

  • 04 May
    09:02
    Iofina warns production to fall short as brine supply dries up

    Iodine producer Iofina warned on first-half iodine production on expectations for a shortage of brine supply needed for iodine isolation at its plant IO#8 in the US. Options to provide IO#8 with...

  • 10 Mar
    13:51
    Iofina urges investors to reject Arron Banks move on board

    Iodine producer Iofina urged its shareholders to reject an attempt by investor and Brexit campaigner Arron Banks to remove chairman and co-founder Lance Baller from its board and install himself as...

  • 25 Feb
    13:30
    Iofina targets April completion of new iodine plant; eyes US cannabidiol market

    Iodine manufacturer Iofina said a new manufacturing facility in Oklahoma was likely to be brought on line in April. The company also said it was continuing to make progress developing technology...

  • 20 Dec
    10:16
    Iofina makes progress on new iodine plant development in Oklahoma

    Specialty chemicals producer Iofina said a proposed fifth iodine production plant in western Oklahoma was expected to contribute to company output in the first half of 2020. The plant, where work...

  • 06 Nov
    09:17
    Iofina makes $0.9m investment in Organic Vines

    Iofina said it had made a $0.9m investment in Organic Vines, a hemp seed production and genetics company. The investment was in-line with the company's strategy to develop and integrate IofinaEX,...

  • 14 Oct
    10:04
    Iofina expects record year of Iodine output after uptick in Q3

    Iofina said it expected to produce a record level of Iodine amid expectations to meet or exceed its production target in the second half of the year. 'The company fully expects to meet or exceed...

  • 23 Sep
    09:55
    Iofina losses sharply drop; debt restructuring a success

    Iofina saw previous losses of $1.1m drop to $300k with revenue growing 29%from $11.3m to $14.5m. EBITDA jumped 172% and the debt was restructured successfully by extending term and removing...

  • 13 Aug
    10:20
    Iofina launches subsidiary company IofinaEX Global

    Iofina said it had completed the incorporation and launch of a subsidiary company IofinaEX Global. IofinaEX Global would specialise in the production of Hemp derived products in Central America...

  • 12 Jul
    09:26
    Iofina reports 10% jump in output amid improved weather conditions,

    Iofina reported a 10% jump in iodine output in the first half of the year on improved efficiency and better weather conditions which had weighed on performance during the first quarter of the...

  • 20 May
    09:42
    Iofina to raise funds through placing shares at discount

    Iofina announced plans to raise up to £7.5m through the placing of shares at a discount in an effort to accelerate its plant upgrading programme and pay down debt. The issue price of 16p of the...

  • 14 May
    09:04
    Iofina to raise funds through placing shares at discount amid share price rise

    Iodine producer Iofina confirmed that it was raising funds to pay down debt and support the construction of a new plant, but the company conceded that the equity placing would be offered at a...

  • 01 May
    09:15
    Iofina slashes losses as earnings rise to record on higher iodine prices, production

    Iofina slashed its losses and posted record annual earnings on higher iodine prices and record iodine production For 2018, losses before tax decreased by 85% to $1.4m and revenue increased by...

  • 17 Apr
    14:00
    Iofina downgrades iodine output guidance following cold winter weather

    Iodine producer Iofina downgraded its first-half production guidance, after cold winter weather in Oklahoma hampered processing. The company said it expected to miss its first-half crystalline...

  • 01 Apr
    09:00
    Iofina finalises debt restructure

    Iofina said it had concluded its debt restructure allowing the company to continue with its growth strategy. The debt restructure documentation was finalised with the terms detailed in the...

  • 12 Feb
    14:55
    Iofina restructures loan notes and term facility worth around $25.6m

    Iodine and speciality chemical derivative producer Iofina said it had signed a preliminary agreement to restructure convertible loan notes and also a term loan facility, worth a combined $25.6m....

  • 10 Oct
    09:01
    Iofina says 'strong' performance from new plant drives output to record in Q3

    Iofina said Wednesday it had produced the largest quarterly total of crystalline iodine in the third quarter of the year following a 'strong' performance at its new IO#7 plant. For the third...

  • 30 Apr
    09:00
    Broker Forecast - finnCap issues a broker note on Iofina PLC

    finnCap today reaffirms its corporate investment rating on Iofina PLC (LON:IOF) and set its price target at 35p. Story provided by StockMarketWire.com Broker Forecasts data provided by...

  • 30 Apr
    07:35
    Iofina losses widen following $5.3m impairment charge

    Iodine producer Iofina losses before taxes widen in the year to the end of December weighed by lower iodine prices and hefty costs associated with the firm's Montana Atlantis Field assets project...

  • 24 Apr
    08:20
    Broker Forecast - finnCap issues a broker note on Iofina PLC

    finnCap today reaffirms its corporate investment rating on Iofina PLC (LON:IOF) and set its price target at 35p. Story provided by StockMarketWire.com Broker Forecasts data provided by...

  • 18 Apr
    09:58
    Iofina new plant steadies iodine production amid adverse weather

    Iofina said it produced 118.2 metric tonnes of crystalline iodine from its operating Oklahoma based IOsorb plants, in line with the first quarter last year, despite not operating two plants amid...

  • 14 Feb
    08:47
    Iofina says production underway at iodine production plant IO#7

    Iofina said production at its IO#7 Iosorb plant was underway and is expected to favourably impact the overall iodine production output as well as lower overall production costs. 'Over the next few...

  • 15 Jan
    08:06
    Iofina H2 output exceeds revised targets

    Iofina's crystalline iodine production totalled 267.5 metric tonnes in the second half of 2017 an increase of 22% on a year ago and exceeding upward revised targets. It said total crystalline...

  • 14 Dec
    09:42
    Iofina H2 output to exceed targets

    Iofina expects second half crystalline iodine production to exceed 265 tonnes, taking the company's full year 2017 crystalline iodine production total to over 500 tonnes. Iofina had expected H2...

  • 22 Sep
    07:39
    Iofina earnings rise despite lower iodine prices

    Iofina's revenues fell by 18% to $9.4m in the six months to the end of June but gross profit increased by 34% to $2.4m. Earnings before interest, tax, depreciation and amortisation rose to $0.7m...

  • 22 Sep
    07:13
    FLASH: Iofina operating losses narrow

    Story provided by StockMarketWire.com

  • 12 Sep
    09:01
    JD Sports and Ashtead surge on strong growth

    JD Sports Fashion (JD.) was the biggest FTSE 350 riser thanks to another set of record results. Sales rose 41% to £1,367.2m in the 26 weeks to 29 July as the group benefitted from encouraging...

  • 14 Jul
    08:14
    Iofina exceeds output forecasts

    Iofina produced 235.5 metric tonnes of crystalline iodine in the first half of this year from its Oklahoma based IOsorb plants, which exceeded the company's expected output of 215-230 MT....

  • 14 Jul
    07:10
    FLASH: Iofina exceeds expected iodine production output

    Story provided by StockMarketWire.com

  • 14 Jun
    13:05
    Iofina shareholders pass all resolutions at AGM

    Iofina has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 1:05pm: (LON:IOF) Iofina PLC share price was 0p at 12.5p Story provided by...

  • 19 May
    07:47
    Iofina revenues up after record sales

    Iofina's revenues rose by 11% to $22.5m in the year to the end of December following record sales of both IOflo iodine and non-iodine derivatives. But gross profits fell to $2.7m from $4.3m...

  • 11 Apr
    09:21
    Iofina plants 'performing well'

    Iofina said its plants performed wll in the first quarter despite challenges. Iofina said it produced 118.7 metric tonnes of crystalline iodine from its five Oklahoma based IOsorb plants. An...

  • 11 Apr
    08:49
    FTSE mildly up on miners ahead of key UK inflation data

    London stocks are mildly firmer on gains in several miners and property stocks ahead of keenly anticipated UK inflation data out mid-morning, with sterling sensitive to any surprises in those...

  • 11 Apr
    07:04
    FLASH: Iofina plants 'performing well'

    Story provided by StockMarketWire.com

  • 03 Apr
    10:58
    Brine at Iofina's plant to be reduced

    Iofina was notified that injection volumes at the Salt Water Disposal Well (SWD) operated by its partner at the site of IOsorb plant IO#3 will be reduced. This would impact the availability of...

  • 13 Jan
    16:50
    FTSE gains on pharma and finance stocks

    Financial and pharmaceutical stocks including Shire (SHP), HSBC (HSBA) and Standard Chartered (STAN), helped the FTSE 100 achieve another record close. A weaker pound also supported the blue chip...

  • 13 Jan
    16:19
    Oil, Gas Roundup

    LGO Energy (LON:LGO) unit Compania Petrolifera de Sedano has started to temporarily suspend operations at Ayoluengo with a view to suspension being complete by the end of January. The oil...

  • 13 Jan
    11:48
    Pharma stocks rebound from Trump kicking

    Shares in pharmaceutical giants Shire (SHP) and AstraZeneca (AZN) started to fight back after the drugs sector was hit earlier this week by negative comments from US President-elect Donald Trump....

  • 13 Jan
    07:21
    Iofina sees return to normalised production levels

    Iofina produced a total of 218.6 MT of crystalline iodine in the second half of 2016 from its five IOsorb plants. 2016 total crystalline iodine production was 474.2 MT. Iofina says that as...

  • 13 Jan
    07:06
    FLASH: Iofina sees return to normalised production levels

    Story provided by StockMarketWire.com

  • 14 Dec
    13:20
    Broker Forecast - finnCap issues a broker note on Iofina PLC

    finnCap today reaffirms its corporate investment rating on Iofina PLC (LON:IOF) and cut its price target to 20p (from 24p). Story provided by StockMarketWire.com

  • 02 Dec
    16:18
    Oil, Gas Roundup

    Quadrise Fuels International (LON:QFI) - the emerging supplier of MSAR emulsion technology and fuel - has confirmed that all resolutions proposed at its annual general meeting today were passed....

  • 14 Nov
    16:15
    Oil, Gas Roundup

    Ithaca Energy's (LON:IAE) production averaged 9,585 boepd in the first nine months of the year - ahead of 9,000 boepd guidance Highlights: - Further unit operating cost reductions - currently...

  • 03 Nov
    16:22
    Oil, Gas Roundup

    Xtract Resources (LON:XTR) has entered into a subscription agreement with YA II EQ, Ltd for a subscription for new ordinary shares in the company for £980,000 cash. In addition, it has entered...

  • 13 Oct
    07:37
    Iofina updates

    Iofina said it produced 125.1 metric tonnes (MT) of crystalline iodine in Q3 2016, and has produced 380.7 MT year to date from its five IOsorb plants in Oklahoma. "The Group remains on track to...

  • 13 Oct
    07:15
    FLASH: Iofina issues trading update

    Story provided by StockMarketWire.com

  • 20 Sep
    16:19
    Oil, Gas Roundup

    Nighthawk Energy's (LON:HAWK) shares jumped after it reached a global settlement of all litigation and claims arising out of agreements with Running Foxes Petroleum and related issues with RFP's...

  • 30 Aug
    16:20
    Oil, Gas Roundup

    Range Resources (LON:RRL) shares were up in late trading after it confirmed that the QUN 159 well which was spudded on 8 August has reached target depth of 2,500 feet. This is the third...

  • 19 Aug
    16:26
    Oil, Gas Roundup

    Bowleven (LON:BLVN) was the sector's biggest riser after the board approved a share buyback programme of up to US$10 million. The company believes that the programme is in shareholders'...

  • 11 Aug
    16:20
    Oil, Gas Roundup

    Urals Energy (LON:UEN) was the sector's biggest riser as it confirmed the planned annual tanker shipment for export from Arcticneft on Kolguyev Island has been successfully completed. The tanker...

  • 11 Aug
    14:25
    Montana court rules against Iofina water permit

    Iofina has lost its court battle to over-turn the denial of a water permit applied for by its wholly owned subsidiary, Atlantis Water Solutions LLC, by Montana's department of natural resources...

  • 11 Jul
    16:21
    Oil, Gas Roundup

    Sound Energy (LON:SOU) was the sector's biggest riser after it confirmed that rig-less operations continue on Tendrara well TE-6 and that the results are already significantly above company...

  • 11 Jul
    15:32
    Iofina output on target

    Iofina crystalline iodine production for second quarter 2016 was 131 metric tonnes (and a total of 255.6MT was produced in the first half (294.1MT: H1 2015) from Iofina's five IOsorb iodine plants....

  • 07 Jun
    16:00
    Oil, Gas Roundup

    Gulf Keystone (LON:GKP) was one of the sector's biggest risers after confirmed that a further gross payment of $2.0 million has been received from the Kurdistan Regional Government, settling the...

  • 07 Jun
    13:01
    Iofina restructuring

    Iofina, a specialist in the exploration and production of iodine and iodine speciality chemical derivatives, has agreed a restructuring of the $15m convertible loan notes issued to Stena Investment...

  • 07 Jun
    09:00
    Broker Forecast - finnCap issues a broker note on Iofina PLC

    finnCap today reaffirms its corporate investment rating on Iofina PLC (LON:IOF) and raised its price target to 24p (from 18p). Story provided by StockMarketWire.com

  • 09 May
    17:10
    FTSE mixed as China, crude hurt resources stocks

    Shares in London ended mixed with the blue-chip ladder down and the mid-cap up. Fresh concerns about metals-hungry China's economy saw miners once again drive south, while falls among oil majors...

  • 09 May
    16:00
    Oil, Gas Roundup

    Iofina (LON:IOF) was the sector's biggest riser after pre-tax losses narrowed to $3.31m in the year to the end of December from $6.71m in 2014. And the group reports EBITDA of $492,000 for the...

  • 09 May
    12:02
    FTSE rises as leisure, pharmas trump falling miners

    London equities extended their early gains as a mob of leisure-linked, pharma and property stocks stacked on encouraging gains to midday. Miners lost their shine on renewed fears over China's...

  • 09 May
    08:57
    FTSE gains on leisure-linked, pharmas, property

    Shares in London moved to shrug-off last week's ho-hum performance as key indices moved ahead in early deals, leisure-linked, pharmas and property of all flavours enjoying gains. Crude was marching...

  • 09 May
    07:21
    Iofina narrows FY loss

    Iofina's pretax loss narrowed to USD3.31m in the year to the end of December, from USD6.71m in 2014. And the group reports EBITDA of $492,000 for the year compared with a loss of $731,000 last...

  • 09 May
    07:02
    FLASH: Iofina pre-tax losses narrow

    Story provided by StockMarketWire.com

  • 28 Apr
    16:14
    Oil, Gas Roundup

    Stratex International (LON:STI) was the sector's biggest riser in late trading after noting that its 33.45%-held Goldstone Resources has announced that Red Rock Resources and Metal Tiger will...

  • 20 Apr
    15:49
    Oil, Gas Roundup

    LGO Energy (LON:LGO) was one of the sector's biggest risers in late trading after announcing that work has now begun in earnest to increase oil production at its Goudron field in Trinidad....

  • 11 Apr
    17:06
    FTSE down on house builders as mining, crude up

    London stocks ended lower following a lacklustre session in which falls among blue-chip house-building issues outweighed encouraging gains among miners. Crude edged higher. Europe and Wall St were...

  • 11 Apr
    15:46
    Oil, Gas Roundup

    Iofina's (LON:IOF) shares soared after it reaffirmed its first half output guidance. Iofina says it produced a total of 124.6 metric tonnes (MT) of crystalline iodine in Q1 2016 from its five...

  • 11 Apr
    12:29
    Iofina reaffirms H1 output guidance

    Iofina says it produced a total of 124.6 metric tonnes (MT) of crystalline iodine in Q1 2016 from its five IOsorb plants, compared to 127.9MT of crystalline iodine produced from six plants in Q1...

  • 11 Apr
    11:59
    FTSE dips as house builders fall, miners rise

    London equities were sideways with a slight negative bias to midday, falling house builders providing blue-chip ballast. Crude was up, which had some positive read-over for miners. Europe was...

  • 11 Apr
    08:52
    FTSE southbound as house builders wilt

    London stocks opened the week on the back foot with a string of sagging house builders leading the blue-chip pack lower in what is predicted to be a lacklustre session. Wall St rose overnight...

  • 15 Feb
    16:29
    Iofina CFO steps down

    Iofina chief financial officer and executive director Neil Hekking has resigned with immediate effect due to family health and relocation issues and the board extends its very best wishes....

  • 21 Jan
    11:50
    Broker Forecast - finnCap issues a broker note on Iofina PLC

    finnCap today reaffirms its corporate investment rating on Iofina PLC (LON:IOF) and set its price target at 18p. Story provided by StockMarketWire.com

  • 18 Jan
    16:09
    Oil, Gas Roundup

    Empyrean Energy's (LON:EME) shares soared after it agreed to sell its interest in the Sugarloaf AMI development to Carrier Energy Partners II for an initial cash consideration of USD61.5m. The...

  • 18 Jan
    08:52
    FTSE up on financials, pharmas as resources hurt

    London equities began on the front foot after a gruelling Friday turn that saw key indices plumb depths not seen for some time. Financials and pharmas provided early direction, after falls on Wall...

  • 18 Jan
    08:43
    Iofina output up

    Iofina produced a total of 569.1 metric tonnes of crystalline iodine from its IOsorb plants in 2015 (2014: 327.7MT). Although the company experienced power outages at its IOsorb®plants and at...

  • 18 Dec
    16:10
    Oil, Gas Roundup

    Volga Gas's (LON:VGAS) shares were up in late trading after it confirmed that combined production of gas from its Vostochny Makarovskoye and Dobrinskoye fields had reached its short term target of...

  • 14 Dec
    17:09
    FTSE 100 hits 3-year lows on resources depression

    FTSE 100 soured to levels last seen at end-2012 as depressed commodity prices saw hefty losses among big-ticket resources issues. The three-year low was not matched by an also softer mid-cap index....

  • 14 Dec
    07:36
    Iofina's output

    Iofina noted the recent decline in its share price and provides and points out that like-for-like output is up 75% year. This was despite downtime due to its partners' work on the salt water...

  • 14 Dec
    07:06
    FLASH: Iofina output up 75%

    Story provided by StockMarketWire.com

  • 09 Dec
    16:09
    Oil, Gas Roundup

    Europa Oil & Gas's (LON:EOG) shares were down in late trading despite chief executive Hugh Mackay highlighting significant progress across the asset base this year and anticipating a step up...

  • 23 Nov
    16:14
    Oil, Gas Roundup

    Iofina (LON:IOF) shares fell after it announced that Oklahoma Corporation Commission's oil and gas conservation division is reducing salt water injection following an earthquake last week. Iofina...

  • 23 Nov
    08:58
    FTSE dives with commodities; miners, oilies hurt

    FTSE indices dived lower on opening, responding to the tumbling price of crude oil on a strong US dollar and supply glut, with gold and copper also faltering. Resources and financials were notable...

  • 23 Nov
    08:08
    Iofina's assess quake impact

    Iofina continues to expect it will meet its H2 output targets despite Oklahoma Corporation Commission's oil and gas conservation division reducing salt water injection following last week's...

  • 23 Nov
    07:13
    FLASH: Iofina gives update on brine supply

    Story provided by StockMarketWire.com

  • 28 Oct
    16:14
    Oil, Gas Roundup

    Pantheon Resources (LON:PANR) was the sector's biggest riser - up more than 53.1% in late trading - after it confirmed flow testing operations at the VOBM#1 well, in which Pantheon has a 50%...

  • 28 Oct
    08:53
    Iofina appoints CFO

    Iofina, specialists in the exploration and production of iodine and iodine speciality chemical derivatives, has appointed Neil K. Hekking as executive director with immediate effect. He will also...

  • 28 Oct
    07:05
    FLASH: Iofina appoints CFO

    Story provided by StockMarketWire.com

  • 23 Oct
    15:39
    Oil, Gas Sector Roundup

    Nighthawk's (LON:HAWK) shares fell after it announced it was disappointed that additional Spergen reserves were not found during its recent five-well drilling programme. Drilling commenced with...

  • 09 Oct
    16:05
    Oil, Gas Roundup

    SeaEnergy's (LON:SEA) shares were up by more than 26% in late trading. The board noted the recent movement in the share price and confirmed that it was not aware of any reason that would lead to...

  • 09 Oct
    07:20
    IOF on track

    Iofina is on track to meet output targets for H2. It produced 143.6 metric tons of crystalline iodine in Q3 2015, an 88.7% like for like increase and a record of 437.7 MT year to date. Iofina...

  • 09 Oct
    07:06
    FLASH: Iofina on track to hit output targets

    Story provided by StockMarketWire.com

  • 05 Oct
    16:21
    Oil, Gas Roundup

    LGO's (LON:LGO) shares fell after it raised £1.0m before expenses through an arranged placing of 111.1m new share at 0.9p per share. The funds will largely be deployed as additional working...

  • 05 Oct
    14:25
    Iofina changes registered office

    Iofina has changed its registered office address with immediate effect to 1 King Street, London EC2V 8AU. At 2:25pm: (LON:IOF) Iofina PLC share price was -0.25p at 18p Story provided by...

  • 29 Sep
    10:35
    Record iodine production at Iofina

    Iofina, specialists in the production of iodine with full vertical integration of produced iodine into specialty iodine derivatives, has announced that for the six months ended 30 June 2015 losses...

  • 29 Sep
    07:10
    FLASH: Half year losses cut at Iofina

    Story provided by StockMarketWire.com

  • 14 Jul
    11:58
    FTSE dips on property, oil after inflation data, Iran deal

    FTSE indices deepened their falls with property stocks hurt by UK house-price inflation data, and oilies suffering on lower crude prices after a nuclear deal was struck with Iran. There was also...

  • 14 Jul
    07:58
    Iofina's output

    Iofina reports a strong performance in the first half of the financial year and a record quarter for crystalline iodine production in the second quarter. The company produced a quarterly record of...

  • 14 Jul
    07:17
    FLASH: Iofina record output

    Story provided by StockMarketWire.com

  • 16 Jun
    15:49
    Oil, Gas Roundup

    Iofina (LON:IOF) was the sector's top riser after it announced that it expects to exceed the upper end of its production target of 220-260 metric tons of crystalline iodine in the first half of...

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