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ALTN Altyngold Plc

128.00
-1.00 (-0.78%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Altyngold Plc LSE:ALTN London Ordinary Share GB00BMH19X50 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  -1.00 -0.78% 128.00 8,247 16:35:03
Bid Price Offer Price High Price Low Price Open Price
127.00 129.00 125.00 124.00 124.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores USD 62.04M USD 13.23M USD 0.4841 2.58 34.17M
Last Trade Time Trade Type Trade Size Trade Price Currency
14:29:04 O 3 127.10 GBX

Altyngold (ALTN) Latest News

Altyngold (ALTN) Discussions and Chat

Altyngold Forums and Chat

Date Time Title Posts
22/4/202411:58Altyn plc gold in Kazakhstan11,240
09/3/202409:07ALTYN -was Goldbridges 2,175
23/11/202014:07Altyn Gold Plc - gold production in Kazakhstan1

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Altyngold (ALTN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
13:29:06127.1033.81O
10:52:12125.008061,007.50AT
10:32:03125.00394492.50AT
10:31:43125.00394492.50O
09:44:17128.802,0002,576.00O

Altyngold (ALTN) Top Chat Posts

Top Posts
Posted at 23/4/2024 09:20 by Altyngold Daily Update
Altyngold Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker ALTN. The last closing price for Altyngold was 129p.
Altyngold currently has 27,332,934 shares in issue. The market capitalisation of Altyngold is £34,166,168.
Altyngold has a price to earnings ratio (PE ratio) of 2.58.
This morning ALTN shares opened at 124p
Posted at 08/4/2024 11:17 by spike501
Pensionplanner

"So you really think that Gordon Brown in telegraphing to the market his INTENTION to sell tonnes of gold way in advance, and using an auction apparently for the first time, that it was intended to PUSH UP gold price?"

No, where have I claimed anything remotely that to be the case?

Your original claim is this, using an Eddie George quote as support..

"No doubt the USA and the UK would love to drop the gold price, as they conspired to do 'AT ANY PRICE, AT ANY COST' in previous years:"

Yet Eddie George was against Gordon Brown selling the gold and pre-announcing the intention - why would the Governor BOE be against it, if he was also interested in manipulating the price lower? And following the announcement, why would Bernanke be against it, if also wanted to manipulate the price lower? And if Central Banks were interested in manipulating the price lower, why did they then conclude the Washington Agreement to support the price?

And why after all your research concludes you that some of the most power countries and central banks actively want to manipulate the price of gold lower, would you then go ahead and invest in gold?
Posted at 06/4/2024 12:53 by spike501
"In front of 3 witnesses, Bank of England Governor Eddie George spoke to Nicholas J. Morrell (CEO of Lonmin Plc) after the Washington Agreement gold price explosion in Sept/Oct 1999. Mr. George said "We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the rest in their wake. Therefore at any price, at any cost, the central banks had to quell the gold price, manage it. It was very difficult to get the gold price under control but we have now succeeded. The US Fed was very active in getting the gold price down. So was the U.K."

You guys really are gullible and lap up any nonsense on the internet.

The Washington Agreement was in response to uncoordinated sales of gold by Central Banks which was risking driving the price of gold down - it was to stabilise the market and support it, if they'd have wanted gold price to reduce they'd have done nothing, there would have no reason for the Washington Agreement.

Part of the reason in the run up was the UK Governments decision in Aug-99 (under Gordon Brown) to sell a substantial part of Gold reserves - against the strong objections of Eddie George.

Gold start the year at $295, in the wake of the announcement by the UK Government it dropped to $255 and following the Washington Agreement the max it reached was $335 and then ended the year at $290 - so apparently this massive central bank manipulation resulted in gold prices ending the year $5 lower than at the start and if they hadn't bothered with the Washington agreement it would have been $40 lower.

Its a completely unsourced quote that can only be found on weird conspiracy websites and repeated on bulletin boards and doesn't match with anything that actually happened in 1999.
Posted at 03/4/2024 07:28 by researchcentre123
Just for the record, remember that Louie is the biggest shareholder other than the Assaubayev family according to what he says about his holdings (yet seems to have bought all those shares without actually impacting the share price or volume), opened his account on avdfn a few weeks back and has all his comments based on the share price with no analysis of fundamentals, although plenty of personal remarks about the management and other shareholders.....still he's licensed things up a bit
Posted at 02/4/2024 23:58 by louie2010
You don't know f u k all excellent the share price is rising because of gold s few desperate gold hunters looked at poo share price and took a gamble on shares. You are ramping again and not a clue a CLOWN and laughable at best . I feel sorry for you as clue less idiots like you keep buying this pile of poo
Posted at 30/3/2024 07:04 by louie2010
The next update will move share price shortly expect increase as date nears as its normally late April should see things moving. I think most have nothing to loose as share price is so low so here's hoping for better times soon .
Posted at 27/3/2024 18:50 by golden prospect
Q1 closes in a few days, having entered with gold prices above $2000/oz, briefly dipping below $2000/oz mid-february and then storming in March with prices above $2,100/oz and now nearing $2,200/oz.

On this basis there should be some bumper revenues for ALTYN.

Early technical signals indicate the share price is poised to advance.
( no wonder thread noise has increased! )
Posted at 28/2/2024 19:02 by golden prospect
ALTN is one of the lowest-cost quartile producers and this is a measure of HUGE comfort, so margins should be very healthy and with good profit to book.

Trading volumes are low and the share price is distorted, if not bizarre.

Bring on the dividends and it will be about percentage holdings, not share price
Posted at 13/2/2024 13:12 by pensionplanner
The majority holders aren't short of cash, so there's no urgency for them, and when production hits their targets, and only then in my opinion they will consider an offer for the company, but it would have to be significant as they hold so much of the company. In my opinion that's why the impression may be that they are lackadaisical on the PR and reporting front, simply because they can afford that luxury. I'm along for the ride, as its the sort of company where the management of the mining seems good, and the slightest whiff of them selling would send the share price up multiples as the market knows they would have to be presented with a very very good price.

The other point is dividends, which I've raised several times, and which the management appear to have taken on board, and if or when that happens, share price will react accordingly.

Do what I usually do with a drop here....put buy order in
Posted at 08/2/2024 10:27 by researchcentre123
I have a feeling that management just can't be too bothered about the share price for now, so are just doing the minimum. Instead they are working on the business, and doing not a bad job. Eventually when they want to cash in, a high share price would help them no end so hopefully they'll make an effort at some point
Posted at 15/11/2023 08:10 by golden prospect
At the beginning of the year the ALTN share price doubled in less than 30 days.

Will history repeat ?

2024 may bring good cheer for shareholders.
Altyngold share price data is direct from the London Stock Exchange

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