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ALTN Altyngold Plc

400.00
11.00 (2.83%)
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
  11.00 2.83% 400.00 15,011 16:35:04
Bid Price Offer Price High Price Low Price Open Price
384.00 399.00 405.00 380.00 400.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores USD 64.43M USD 11.34M USD 0.4148 9.26 106.33M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:04 UT 66 400.00 GBX

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Date Time Title Posts
24/5/202513:49Altyn plc gold in Kazakhstan16,684
09/3/202409:07ALTYN -was Goldbridges 2,175
23/11/202014:07Altyn Gold Plc - gold production in Kazakhstan1

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Posted at 24/5/2025 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 389p.
Altyngold currently has 27,332,934 shares in issue. The market capitalisation of Altyngold is £104,958,467.
Altyngold has a price to earnings ratio (PE ratio) of 9.26.
This morning ALTN shares opened at 400p
Posted at 13/5/2025 20:50 by tim000
Yes, that’s true, but it might not feature in their current analysis given the prevalent share price. They want to harden up plans for TS quickly, they can’t delay them for unknown future movements in the share price. To factor in equity finance, they might need to lower their price targets.
Posted at 11/5/2025 19:35 by someuwin
Been looking at East Star resources LSE:EST. Exploring for copper and gold in Kazakhstan. They have some interesting licenses but as a micro cap (£5m valuation) they are looking to do JV's. Wondered if there's anything for ALTN to partner on?

Their large Verkhuba deposit is just 20Km from ALTN's Sekisovskoe. But I don't think ALTN are interested in Copper?



EST have been more vocal about Gold lately and are looking to drill their potential Multi-Million ounce Snowy target later this year.



Either way, EST CEO Alex Walker has lived in Kaz for 5 years and swears that it is the best location globally for mining companies. Very reassuring for ALTN holders.
Posted at 10/5/2025 14:01 by goldrush
tim000

Frredom Finance organised the whole Bond facility on AIX in 2020.


Altyn Plc
("Altyn" or the "Company")

AIX Bond placement complete

Altyn is pleased to announce that the bond issue on the Astana International Exchange (aix.kz) was fully placed by Freedom Finance JSC with the Company raising the targeted $10m amount. This achievement is a significant vote of confidence of investors in the future of the Company. The successful bond issue also allows Altyn to diversify its sources of funding by tapping the domestic retail driven capital market. The proceeds will be mainly used for capital development and continued growth of the Company.

Aidar Assaubayev, the CEO of Altyn PLC commented: "Another milestone was achieved by Altyn this year, being the first private company to achieve a successful bond placement on the Astana International Exchange, a statement on investor's confidence in Altyn. This placement allows us to diversify our sources of funding but also to contribute the development of the nascent AIX market in Kazakhstan. The funds will sustain our investment drive and strengthen our growth prospects despite challenging global economic environment".

Sergey Lukyanov, the CEO of Freedom Finance JSC, commented: "We are extremely proud of the successful placement of the Altyn bonds as it was our first transaction on the AIX from the private sector and it says a lot about our team of professionals in that we were able to market, structure, navigate and close this transaction successfully amid unprecedented market circumstances resulting from the COVID-19 pandemic".

Further Information:

For further information please contact:

Altyn Plc

.................

From setting up the trading of bonds etc.....Freedom Finance got an option to buy shares at US1 per share.......And on uptake ALTN received US$1.5m.

Thus they have now sold a chunk as you say.....they are a bank and obviously wanted to show some profits in their accounts....no problems.... If they were any other type of company say an Investment Co.... I am sure they would be keeping the shares !!

We didn't have much free cash in 2020 thus reason for giving them the option.....now I am sure we pay the necessary fees !!

.......................................................

06/10/2020 5:00pm
UK Regulatory

Altyngold (LSE:ALTN)
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Altyn Plc

("Altyn" or the "Company")

Issue of new shares

The Company is pleased to announce that it will issue 154,028,981 new ordinary shares of GBP0.001 in connection with the exercise of share options by Freedom Finance JSC, raising US$1.5m.

The Company will apply for admission of the new Ordinary Shares to trading on the Official List of the UK Listing Authority and to trading on the London Stock Exchange's Main Market for listed securities ("Admission"). Admission of the new Ordinary shares, which will rank pari passu in all respects with the existing Ordinary Shares of the Company, is expected to occur on or around 12 October 2020.

The Company has no Ordinary Shares held in treasury. The total number of voting rights in the Company following the Conversion will therefore be 2,733,293,311. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
Posted at 27/4/2025 22:32 by busterhogdog
12 months ago our share price was around 1 pounds , Gold Price is reflecting on share price looking at charts , Profits from company is not factored in to current share price very interesting 12 months ahead for mining stocks as their production levels and cash flows increase from record gold prices.
Posted at 26/4/2025 13:20 by excellance
Companies do pr for one reason only, to tell a story to attract positive attention and increase their share price.

The question is, why do they want the share price up?

Is it because they intend to issue shares to raise capital but want more cash for less equity?

Is it because they want to raise the media profile ahead of a merger, to get the share price up so the terms of the merger are better for us?

Shares are valued based on yield, not media circus tricks, and I'm fairly sure analysts from several finance houses go over the books every year and know all about Altyn without the need for spin.

Big year ahead...
Posted at 25/4/2025 12:08 by pensionplanner
I prefer growth but a higher share price assists that and why I’d be more than happy with a nominal dividend which sends a good message to potential investor including institutional investors which I believe would also propel the share price without limiting plans for expansion and assisting it in either share issue or finance terms without dilution
Posted at 25/4/2025 08:12 by someuwin
Part of Capital Access Group note out today...

Kazakh gold producer generating strong growth

AltynGold is a Kazakh based gold producer with current operations from its Sekisovskoye mine, where it has just completed a major expansion project. The company reported record results in 2024, generating a net profit of US$26.4m, up 133% YoY driven by increased production, higher realisations and lower unit costs. This year should prove even better with the company targeting a 30% plus increase in production to 50koz and as gold prices continue to strengthen. Besides growth from Sekisovskoye, AltynGold has a development project at the Teren-Sai licence and is ambitious for further growth.

For 2024, AltynGold reported a 50% YoY increase in revenue to US$96.5m generating a gross margin of 51% (2023 36%). Adjusted EBITDA more than doubled to US$50.9m which was also reflected in higher operating cash flow of US$51.6m (2023 US$23.4m) with negative working capital pegging back net cash generation to US$29.4m (2023 US$14.7m). Net investment dropped from the peak in 2023 of US$40.9m to US$21.5m in 2024 with net debt edging down to US$49.7m (YE23 US$53.0m). Coupled with the jump in EBITDA, leverage dropped to 1.0x (YE23 2.4x).

Towards the end of 2024, AltynGold completed a major ore processing expansion, increasing processing capacity at the Sekisovskoye mine by 70% delivered on time and within budget. That is set to drive a 30% plus increase in gold production in 2025 to 50koz increasing to 100koz in the medium term.

AltynGold’s share price has tripled over the last year, outperforming the FT Gold Mines index by over 70% with the company trading on undemanding ratings including a trailing P/E of 2.0x and an EV/EBITDA multiple of 2.0x, with the shares below book value.

Based on the most recent Competent Persons Report adjusted for production, Sekisovskoye has 3.6moz in proved and probable gold reserves with 1.45moz at Teren-Sai.

AltynGold delivered a record performance in 2024 and is set for an even better year in 2025. Besides the expansion at Sekisovskoye, the company expects to move its adjacent Teren-Sai project into development this year and is ambitious for further growth. We will publish a full initiation on the company in due course.

Investment thesis

AltynGold delivered a record result in 2024, generating a net profit of US$26.4m, up 133% YoY on the back of higher production from its Sekisovskoye gold mine in Kazakhstan, increased price realisations and lower unit costs. This year should prove even better as the company has recently completed a large ore processing expansion project and is targeting a more than 30% increase in gold production to 50koz while gold prices continue to strengthen. The shares outperformed the FT Gold Mines index by over 70% in 2024, with the rating undemanding at a trailing P/E of 2.0x, an EV/EBITDA multiple of 2.0x and the shares trading below book value...
Posted at 11/4/2025 10:20 by louie2010
Yes more we hold the more it supports share price driving up the share price, Still a chance to get in at low prices before RNS , I expect next few weeks could be a powerful uptrend going through the summer as profits feed into the coffers at record levels let's think of last 3 months all this extra profit and share price still back in January price yet gold price has gone up from 2800 to current 3200 . Just think what a small dividend would do now .
Posted at 05/4/2025 12:01 by goldandgrey
Coming to an interesting period for the ALTN share price. It will be a case of the macro pressure (nagative) of a volatile share market vs the micro pressure (positive) of company performance.

The volatility will be with us for some time as a result of the policies of the current US regime but I expect gold and gold miners to perform well subsequently. But the short term may well be taxing.
Posted at 03/4/2025 15:18 by busterhogdog
Altyn share price goes down even though 3 months of extra revenue just a few thousand shares knocks millions off share price value. Bizarre how this plays .
Altyngold share price data is direct from the London Stock Exchange

Altyngold Frequently Asked Questions (FAQ)

What is the current Altyngold share price?
The current share price of Altyngold is 400.00p
How many Altyngold shares are in issue?
Altyngold has 27,332,934 shares in issue
What is the market cap of Altyngold?
The market capitalisation of Altyngold is GBP 106.33M
What is the 1 year trading range for Altyngold share price?
Altyngold has traded in the range of 102.00p to 430.00p during the past year
What is the PE ratio of Altyngold?
The price to earnings ratio of Altyngold is 9.26
What is the cash to sales ratio of Altyngold?
The cash to sales ratio of Altyngold is 1.63
What is the reporting currency for Altyngold?
Altyngold reports financial results in USD
What is the latest annual turnover for Altyngold?
The latest annual turnover of Altyngold is USD 64.43M
What is the latest annual profit for Altyngold?
The latest annual profit of Altyngold is USD 11.34M
What is the registered address of Altyngold?
The registered address for Altyngold is 28 ECCLESTON SQUARE, LONDON, SW1V 1NZ
What is the Altyngold website address?
The website address for Altyngold is www.altyngold.uk
Which industry sector does Altyngold operate in?
Altyngold operates in the GOLD MINING sector

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