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ALTN Altyngold Plc

180.00
-10.00 (-5.26%)
Last Updated: 10:48:33
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
  -10.00 -5.26% 180.00 46,504 10:48:33
Bid Price Offer Price High Price Low Price Open Price
178.00 183.00 188.00 180.00 188.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores USD 64.43M USD 11.34M USD 0.4148 4.34 51.93M
Last Trade Time Trade Type Trade Size Trade Price Currency
10:48:26 O 1,225 179.04 GBX

Altyngold (ALTN) Latest News

Altyngold (ALTN) Discussions and Chat

Altyngold Forums and Chat

Date Time Title Posts
23/12/202411:07Altyn plc gold in Kazakhstan14,202
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
10:48:27179.041,2252,193.24O
10:43:02180.003,0005,400.00AT
10:42:58180.051,6843,032.04O
10:39:49187.0010,00018,700.00O
10:30:52189.456,75012,787.88O

Altyngold (ALTN) Top Chat Posts

Top Posts
Posted at 23/12/2024 08:20 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 190p.
Altyngold currently has 27,332,934 shares in issue. The market capitalisation of Altyngold is £49,199,281.
Altyngold has a price to earnings ratio (PE ratio) of 4.34.
This morning ALTN shares opened at 188p
Posted at 17/12/2024 09:29 by goldandgrey
Illiquid shares are vulnerable to small bouts of selling. A few thousand can move the market capitalisation by millions. Ultimately the share price will reflect the underlying value to a greater or lesser extent.

The gold price and the effect this has on cash generation cannot be ignored forever and the movement in share price of peer companies shows what is likely to happen once the selling is exhausted.
Posted at 10/12/2024 16:50 by tim000
I think stop losses are known to MMs as well as spread betting companies. So there are profits to be made by forcing the price down temporarily; MMs pick up stock cheaply should they be short. Spread bettors are meant to make profits from margins, ie they buy stock from MMs if their clients go long. But I’m sure some spread betting companies don’t do that and take the risk on their own book. As a large mkt participant dealing in illiquid stocks, they can easily manipulate the market prices. Some of you might remember Burford launched a case in the courts against the short specialist muddy waters, claiming they were manipulating the Burford share price downward. But they lost the case. The regulator doesn’t seem to care in the slightest about price manipulation by hedge funds etc.
Posted at 06/12/2024 09:18 by researchcentre123
Gold price up, share price down. The usual Altn logic......
Posted at 05/12/2024 17:24 by cyberbub
Three large (by Altn standards) sells gone through, but the share price or spread haven't changed... Given how illiquid this share is, surely that must mean there's a large buy being worked in the background? Let's hope so anyway...sigh...
Posted at 29/11/2024 12:19 by king suarez
The mm's don't care. They just want to stimulate transaction volumes to make money. If there is a lack of buyer appetite at a price then they will lower it to create demand - it is the markets apathy in general that is to blame imo!

Right now, despite the excelltent prospects, ALTN don't have a dividend yield to anchor the share price so it could go anywhere short-term. Something we have to accept, or make the most of if we think we can trade it, or opportunistically accumulate more?
Posted at 12/11/2024 09:20 by tim000
Yes, more time and more inclination to do IR. They’ll want to build the business asap in a high gold price world. Capital to do so should be a combination of FCF, bank debt, bonds and equity. So now is the time the Directors will start to prioritise IR. Incidentally, many investors are buying developers because the share prices are “cheap”. That makes no sense to me. New gold mines take years of drilling, regulatory approval and costly construction (esp if underground). At a time when the cost of capital is very high for small caps. It’s a good reason to buy gold miners precisely because supply is so constrained. By contrast, a producing miner can either self-finance or access external capital more cheaply, and clear regulatory barriers more quickly. Business development will be far cheaper, quicker and far more profitable. And less risky too. This is another reason why ALTN is cheap - all the gold investors I know personally prefer stocks like BMV and KEFI and aren’t invested in ALTN. Makes absolutely no sense to me.
Posted at 10/11/2024 17:43 by tim000
AA said at the AGM that we were all invited to Seki. Assuming the event goes ahead as stated next September, I intend to go. The only point of the trip would be to promote the company to IIs as prospective investors. Since the family won’t dilute themselves at an unreasonably low share price, they must be anticipating substantive newsflow before then. Indeed, AA anticipated a much higher share price by the time of the next AGM, and said next year’s AGM would be a much grander affair. Newsflow should include H1 2025 production from Seki around August; a new JORC reserve report and NAV for TS; and possibly the start of open pit mining there. Plus any out-of-the blue projects such as a JV with TT. AA liked my idea of publishing a chart showing timelines for future operations projects; that would fit in with what they must already have planned for the next 9 months.
Posted at 04/11/2024 12:49 by tim000
I’m not interested in attracting low-quality day traders as temporary shareholders by pricing the shares at 0.1p. Clearly the family aren’t either. In fact I’d be quite happy to do the opposite and consolidate further, with a share price of £23! And £230 in a few years. Day traders are likely to make the share price more volatile, even if they marginally increase liquidity.
Posted at 19/10/2024 03:30 by tim000
I remember the company initially invested in that phosphate project because it could be monetised quickly! LOL and double LOL! I bet the sellers had a good laugh too. Well done cyber for predicting a good day for the ALTN share price! Monday should see more gains (hopefully).
Posted at 08/10/2024 06:19 by louie2010
Profit and results will be the share price once buying increases share prices should re rate to market values.
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 180.00p
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 51.93M
What is the 1 year trading range for Altyngold share price?
Altyngold has traded in the range of 80.50p to 278.00p during the past year
What is the PE ratio of Altyngold?
The price to earnings ratio of Altyngold is 4.34
What is the cash to sales ratio of Altyngold?
The cash to sales ratio of Altyngold is 0.76
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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