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Alecto Minerals

04:00 on 10/07/2017

Current Price 0.06p | Bid 0.00p | Ask 0.00p | Change 0.00%

Company Overview

Alecto Minerals plc (formerly Cue Energy plc) is an AIM listed company focussed on investing in a mix of natural resource and energy projects ranging from exploration, processing and development and mining and production, to maximise shareholder value. Alecto has a diverse portfolio of exploration assets in Mauritania, including three gold and base metal development licences totalling 1,902 sq km and two uranium licences totalling 1,592 sq km in the highly prospective Mauritanide mobile belt Further to preliminary work, including fieldwork and analysis of historic data, the Board has identified prospective exploration targets at each of the sites covered by both their gold and base metal and uranium licences. These are currently being advanced through a defined exploration programme. Alecto also has a 9.73% shareholding in AIM listed resource investment company Charles Street Capital plc in return for a £100,000 investment. The Board believes this investment will provide Alecto with exposure to a diverse range of potential resource projects.

Stock Details

Shares in Issue 3,589,814,850
Market cap £ 3.23m
Sector Financial Services
Indices FTSE AIM All-Share Index

Financial Highlights Year Ended 31/12/2015

Turnover £0.01 million
Operating Profit £3.33 million
Dividend Yield 0.00
Dividend Per Share 0.00
Dividend Cover 0.00
P/E Ratio 0.36
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Price Summary

Mid Price ? 0.00p
Bid Price ? 0.00p
Ask Price ? 0.00p
Volume ? 0
Change Today 0.00p
% Change Today 0.00%
Open 0.00p
Previous Close 0.07p
Intraday High 0.00p
Intraday Low 0.00p
52 Week High 0.17p
52 Week Low 0.05p

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Broker Consensus

The above information represents a selection of the views and target prices published in the last 120 days by analysts in individual stocks. It is subject to change without notice and may not necessarily be the view held by Redmayne-Bentley.

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