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Cadence Minerals

Current Price 0.09p Bid 0.09p Ask 0.09p Change 0.00%
Last Updated: 21/09/2019 08:19. Prices delayed by at least 15 minutes.
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Company Overview

Cadence Minerals plc (formerly Rare Earth Minerals plc, formerly Zest Group plc) invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.

Financial Highlights Year Ended 31/12/2018

Turnover
£0.00m
Operating Profit
£-10.83m
Dividend Yield
0.00
Dividend Per Share
0.00
Dividend Cover
0.00
P/E Ratio
-0.60

Key Personnel

Kiran Caldas Morzaria
Chief Executive Officer
Donald Ian George Layman Strang
Finance Director
Andrew Paul Suckling
Non-Executive Chairman
Adrian Fairbourn
Non-Executive Director

Stock Details

EPIC
KDNC
ISIN
GB00B067JC96
Shares in Issue
10,546,196,754
Market cap
£9.49m

Analyst Views (0)

Strong Buy
 
0.00%
Buy
 
0.00%
Hold
 
0.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
0.09p
Bid Price
0.09p
Ask Price
0.09p
Volume
12385887
Change Today
0.00p
% Change Today
0.00%
Open
0.09p
Previous Close
0.09p
Intraday High
0.09p
Intraday Low
0.09p
52 Week High
0.49p
52 Week Low
0.08p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Cadence Minerals Intra-day Chart

Cadence Minerals News

News in this section is provided by AJ Bell

Cadence Minerals welcomes start of Auroch drilling in Western Australia 16 Sep 2019 | 13:12 Cadence Minerals welcomes progress at Saints nickel project in Australia 03 Sep 2019 | 14:03 Cadence Minerals says restructuring approved for Amapa iron ore project in Brazil 30 Aug 2019 | 14:00 Cadence Minerals company European Metals secures financing 16 Jul 2019 | 13:37 Cadence Minerals advances plan to acquire interest in Brazilian iron ore mine 15 Jul 2019 | 13:55 Director Deals - Cadence Minerals Plc (KDNC) 03 Jul 2019 | 15:05 Director Deals - Cadence Minerals Plc (KDNC) 03 Jul 2019 | 15:05 Cadence Minerals hails offtake pact for Australian rare earths project 11 Jun 2019 | 13:59 Cadence Minerals reaches agrees with Indo Sino to invest $6m in Amapa project 07 Jun 2019 | 07:59 Cadence Minerals welcomes Bacanora Lithium feasibility study results 05 Jun 2019 | 13:47 Cadence Minerals welcomes sale by Macarthur of gold prospect stakes 14 May 2019 | 14:45 Cadence Minerals welcomes Auroch Minerals survey of Australia prospect 08 May 2019 | 13:45 Cadence Minerals welcomes Hastings Technology Metals funding progress 30 Apr 2019 | 13:48 Cadence Minerals welcomes signing of Macarthur Minerals rail haulage contract 08 Apr 2019 | 14:59 Cadence Minerals launches share issue to fund Australian exploration work 26 Mar 2019 | 13:22 Cadence Minerals acquires lithium assets in Australia 04 Mar 2019 | 08:37 Director Deals - Cadence Minerals Plc (KDNC) 08 Jan 2019 | 14:50 Director Deals - Cadence Minerals Plc (KDNC) 08 Jan 2019 | 14:50 Director Deals - Cadence Minerals Plc (KDNC) 08 Jan 2019 | 14:50 Director Deals - Cadence Minerals Plc (KDNC) 08 Jan 2019 | 14:45 Cadence Minerals welcomes cost estimate cut at Australian projects 14 Dec 2018 | 09:50 Director Deals - Cadence Minerals Plc (KDNC) 12 Dec 2018 | 09:00 Director Deals - Cadence Minerals Plc (KDNC) 12 Dec 2018 | 09:00 Director Deals - Cadence Minerals Plc (KDNC) 12 Dec 2018 | 09:00 Director Deals - Cadence Minerals Plc (KDNC) 06 Nov 2018 | 14:45 Director Deals - Cadence Minerals Plc (KDNC) 06 Nov 2018 | 14:45 Director Deals - Cadence Minerals Plc (KDNC) 06 Nov 2018 | 14:45 Director Deals - Cadence Minerals Plc (KDNC) 06 Nov 2018 | 14:45 Director Deals - Cadence Minerals Plc (KDNC) 08 Oct 2018 | 14:55 Director Deals - Cadence Minerals Plc (KDNC) 08 Oct 2018 | 14:55

Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Tangible Assets
0.0
0.0
Intangible Assets & Goodwill
2.2
1.9
Investments & Other Non-Current Assets
12.5
13.0
Total Non-Current Assets
14.7
14.9
Inventory
0.0
0.0
Trade & Receivables
0.3
0.7
Cash & Receivables
0.5
2.0
Other Current Assets & Assets Held for Resale
2.9
13.5
Total Assets
18.3
31.2

Liabilities (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Short Term Liabilities
3.9
4.4
Long Term Liabilities
0.0
0.0
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
3.9
4.4

Net Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Net Assets
14.4
26.7

Equity (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Share Capital
1.2
1.2
Minority Interests
0.0
0.0
Retained Earnings
-15.5
-5.6
Share Premium Account
27.6
27.6
Other Equity
1.2
3.5
Total Equity
14.4
26.7

Cashflow (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Cashflow from Operating Activities
-1.1
-2.1
Cashflow Before Financing
-0.2
4.2
Increase / Decrease in Cash
-1.6
-2.2

Income (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Turnover
0.0
4.6
Cost of Sales
0.0
0.0
Gross Profit
0.0
0.0
Operating Profit
-10.8
2.5
Pre-Tax Profit
-11.8
1.2
Profit / Loss for the Year
-11.8
1.2
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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