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Last 0.12 GBp
Change Today 0.00 / 0.00%
Volume 17.4M
ALO On Other Exchanges
As of 11:30 AM 10/6/15 All times are local (Market data is delayed by at least 15 minutes).

alecto minerals plc (ALO) Snapshot

0.12 GBp
Previous Close
0.12 GBp
Day High
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Day Low
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52 Week High
10/7/14 - 0.88 GBp
52 Week Low
07/29/15 - 0.09 GBp
Market Cap
Average Volume 10 Days
-0.0012 GBp
Shares Outstanding
Dividend Yield
Current Stock Chart for ALECTO MINERALS PLC (ALO)

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alecto minerals plc (ALO) Details

Alecto Minerals plc, together with its subsidiaries, explores for and develops gold and base metal properties in West and East Africa. The company explores for iron oxide, copper, and gold. It primarily holds a 100% interest in the Kossanto gold project that consists of four contiguous licenses covering 207 square kilometers located in the center of the Kenieba inlier in western Mali. The company also holds interests in projects located in northern Burkina Faso, southern Mali, Mauritania, Adola Greenstone Belt in Ethiopia, and north-west Ethiopia. The company was formerly known as Alecto Energy plc and changed its name to Alecto Minerals Plc on May 2011. Alecto Minerals plc was incorporated in 2004 and is headquartered in London, the United Kingdom.

21 Employees
Last Reported Date: 05/12/15
Founded in 2004

alecto minerals plc (ALO) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

alecto minerals plc (ALO) Key Developments

Alecto Minerals plc Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015

Alecto Minerals plc announced unaudited consolidated earnings results for the six months ended June 30, 2015. For the year, the company reported revenue from continuing operations of GBP 44,663,000. Operating loss was GBP 264,323,000 against GBP 418,456,000 a year ago. Loss before taxation was GBP 264,320,000 against GBP 437,228,000 a year ago. Loss for the period from continuing operations attributable to equity owners of the parent was GBP 264,320,000 against GBP 437,228,000 a year ago. Basic and diluted loss per share from continuing operations attributable to the equity owners of the parent was 0.026 pence against 0.057 pence a year ago. Net cash used in operations was GBP 216,165,000 against GBP 307,293,000 a year ago. Purchase of intangible assets was GBP 158,973,000 against GBP 1,103,241,000 a year ago.

Alecto Minerals Seeks Acquisitions

Alecto Minerals plc (AIM:ALO) continues to evaluate a number of potential acquisition targets. The Company continues to seek to deliver value through the progression of its more advanced assets, namely the Kossanto East and Kossanto West Gold Projects in Mali and the Kerboulé Gold Project in Burkina Faso.

Alecto Minerals plc Announces the Resignation of Mark Wellesley-Wood as Non-Executive Chairman

The Board of Alecto Minerals plc announced the resignation of Mark Wellesley-Wood as Non-Executive Chairman, with immediate effect. Mark is leaving the Board in order to focus on new work commitments following his recent reappointment to the board of Mwana Africa Plc.


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