We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Capital Limited | CAPD | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -2.20 | -2.84% | 75.20 | 16:27:01 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 77.20 | 75.20 | 77.20 | 75.20 | 77.40 |
| Industry Sector |
|---|
| SUPPORT SERVICES |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 27/03/2025 | Final | USD | 0.013 | 17/04/2025 | 22/04/2025 | 15/05/2025 |
| 15/08/2024 | Interim | USD | 0.013 | 29/08/2024 | 30/08/2024 | 03/10/2024 |
| 14/03/2024 | Final | USD | 0.026 | 18/04/2024 | 19/04/2024 | 15/05/2024 |
| 16/08/2023 | Interim | USD | 0.013 | 31/08/2023 | 01/09/2023 | 03/10/2023 |
| 16/03/2023 | Final | USD | 0.026 | 13/04/2023 | 14/04/2023 | 09/05/2023 |
| 18/08/2022 | Interim | USD | 0.013 | 01/09/2022 | 02/09/2022 | 03/10/2022 |
| 10/03/2022 | Final | USD | 0.024 | 07/04/2022 | 08/04/2022 | 10/05/2022 |
| 19/08/2021 | Interim | USD | 0.012 | 02/09/2021 | 03/09/2021 | 01/10/2021 |
| 18/03/2021 | Final | USD | 0.013 | 08/04/2021 | 09/04/2021 | 04/05/2021 |
| 20/08/2020 | Interim | USD | 0.009 | 03/09/2020 | 04/09/2020 | 25/09/2020 |
| Top Posts |
|---|
Posted at 28/5/2025 13:44 by rivaldo RNS - Premier Miton have bought (on a quick calculation) just over another 500,000 shares to go above 5%, with 10.255m shares: |
Posted at 23/4/2025 14:47 by rivaldo I note Tamesis' forecast for H1 is for $141.5m revenues.Since CAPD achieved $71.8m in Q1 they would seem to be well on track to beating those expectations given the ramping up of the various contracts/sites. |
Posted at 23/4/2025 10:19 by davebowler TamesisSteady Start to 2025 Capital released its Q1 2025 trading update this morning. Revenue came in at $71.5m for the quarter with the core drilling business providing 80%. Mining fell to next to nothing as the company re-routes its fleet into the new contract with Barrick at Reko Diq (which has recently received a funding commitment of $300m from the IFC). The mining contract will ramp up in H2 with some revenue generated in Q2 already. MSALABS has had a strong start to the year through increased utilisation at Nevada (a sign that their efforts here are starting to pay off) and the new commercial lab in Fairbanks, Alaska. We didn’t have quarterly forecasts but the company looks well set to meet our H1 and FY forecasts with the latter in the middle of the company’s guidance range of $300-320m (see Fig1.). Key Points. Segmental Highlights • The core drilling business recorded a solid 10.5% YoY revenue increase as utilisation moved up to 73% from 66% in Q1 2024 - see Fig.2. Further gains are expected as management continue to focus on US operations. • Mining revenue was de minimis but the company signed the mining services contract with Reko Diq Mining (Barrick) and personnel and equipment have arrived and revenue is being generated. The contract is planned to run through to December 2028 and generate over $60 million in annual revenue once fully operational. The agreement also includes a provision for a five-year contract extension after 2028 and covers two major scopes of work: early works civils and tailings storage facility (TSF) mining services. • MSALABS revenue growth had stalled last quarter but recorded a strong start to the year. This is despite typical seasonal headwinds including the winter slowdown in Canada. The first stage of the company’s state-of-the-art laboratory at Nevada Gold Mines continues to ramp up with two Chrysos PhotonAssayTM units. A third Chrysos PhotonAssayTM unit will shortly be arriving in Elko, Nevada, with installation and commissioning taking place through Q2 2025 and sample processing subsequently in Q3 2025; and the company’s new commercial laboratory in Fairbanks, underpinned by large scale contracts with both Northern Star and Kinross, is also receiving samples. New Contract Wins Continue The company recorded new drilling contract wins including: - - An extension of our diamond and reverse circulation drilling contract with Perseus Mining at its Nyanzaga Gold Project in Tanzania; info @ fpcfinancial.co.uk A diamond drilling contract with Sanu Gold at their Daina and Diguifara projects in Guinea; - - A diamond and reverse circulation drilling contract at Asara Resource’s Kada Gold Project in Guinea; and A diamond and reverse circulation drilling contract with Koulou Gold at their Sakassou project in Côte d’Ivoire. Operational Update Fleet utilisation for the quarter improved to 73%, from 66% in Q1 2024 and decreased from 77% in Q4 2024 – the company has an internal target rate oc c.75% across the fleet. Average utilised rigs remained broadly in line with Q4 2024 at 98. ARPOR was $182,000 in Q1 2025, down 9.9% on Q1 2024 ($202,000) and 7.6% on Q4 2024 ($197,000). This reduction in ARPOR is primarily due to replacement rigs being commissioned and not yet hitting their full run rate productivity. We forecast this to move higher through the year. Source: Company filings Capital Investments: Continued strong returns The total value of investments (listed and unlisted) was $36.7 million as at 31 March 2025 up from ($30.3 million at as 31 December 2024), with the portfolio recording investment gains of $7.3 million in Q1 2025. Management notes the portfolio continues to focus on a select few key holdings namely WIA Gold, Sanu Gold and Asara Resources. Solid Outlook with Strong Pricing Background The company reiterated revenue guidance for 2025 at $300 - $320 million with positive momentum throughout the year. As part of this MSALABS should contribute between $50 - 60 million for 2025, another significant increase YoY (FY 2024: $43.6 million). The company also reports that tendering remains robust across the Group with several opportunities progressing. As it should be given the gold price! The travails of the strategically pivotal 2024 are starting to disappear in the rear view mirror with the benefits of leveraging best in class operational practices in new geographies now appearing. At its core the investment case of diversified and low risk growth remains and is strongly supported by a buoyant copper and sky rocketing gold price environment. The engine-room drilling business is benefitting from the increasingly large and high quality client base, the mining services business has a new and large contract to get on with and the laboratory operations also have a strong growth profile to $80m+ (what value would this attract as a separately listed business?). The recent share price performance leaves the company trading on EV/EBITDA multiples of 3.4x and 2.3x for FY2025 and FY2026 and FCF yields of 10% and 14%. We also estimate a dividend yield growing from 3.4% to 4.3% in 2026. This is clearly before the effects of any new contract wins. We continue to believe these valuation multiples do not reflect the quality of and outlook for the business |
Posted at 22/4/2025 15:59 by deanowls I wonder at what point Capd think our own shares are undervalued? |
Posted at 22/4/2025 10:06 by rivaldo Cheers shauney2, explains today's rise, although the rapidly rising gold price at new highs is likely also helping.I've noticed CAPD have also topped up on another investment, now reflected in the thread header post. They've bought a further 68,750,000 shares (or A$550,000) in Marvel Gold's March'25 placing at A$0.008. Since Marvel are now trading at A$0.015 CAPD have almost doubled their money in a month. Their total holding is now 183,750,000 shares worth just over £1.3m. Marvel's total m/cap is still only A$14m, so no doubt CAPD are hoping this will be a multibagger like PDI etc. |
Posted at 04/4/2025 11:26 by rivaldo More director buying - the Chairman's added £63,000 of shares to his already substantial holding of now 10.91% of CAPD:I assume he's pretty confident that gold will continue at record levels for some time to come as a safe haven from the orange emperor and everything else.... |
Posted at 01/4/2025 09:34 by rivaldo CAPD were last night awarded the drilling contract by Asara Resources at the Kada project in Guinea:"Drilling contract awarded for drilling at Kada Asara Resources Limited (ASX: AS1; Asara or the Company) is pleased to announce that it has awarded the drilling contract for the upcoming drilling program at the Kada Gold Project in Guinea (Kada) to Capital Drilling Guinea-SA, a subsidiary of Capital Limited (LSE: CAPD) (Capital). HIGHLIGHTS ▪ Contract awarded for up to 22,000m of Reverse Circulation and 4,000m of Diamond Core Drilling, planned to be completed before the end of 2025. ▪ Drill program aiming to increase geological knowledge at Massan and Bereko and to explore strike and dip extensions of the current Mineral Resource Estimate. CEO, Matthew Sharples commented: “We are excited to award this drilling contract to Capital. Capital is a leading provider of drilling services with significant experience both in Guinea and at the Kada Project. This marks a significant milestone in our ramping up of exploration activity at Kada. The drill program has been designed to increase geological knowledge of the Massan deposit as well as explore the strike and dip extensions of both the current Massan and Bereko Mineral Resources.” etc" |
Posted at 11/3/2025 09:51 by rivaldo Disappointing update whilst I was on hols. Good to see the CEO essentially booted out - he's overseen a number of moves which whilst extremely promising in theory seem to have been badly executed or over-promised (Chrysos, mining services, USA growth).However...perhaps this means the bad news/provisions are behind CAPD. Hopefully they've taken the opportunity to kitchen sink any bad news. I note that Tamesis haven't yet released an update - presumably waiting for the upcoming prelims and further discussions with management. On a £119m m/cap, CAPD's "net profit after tax for 2024....in the range of $18 - 20 million" and a $30m+ investment portfolio backing up a further 20% or so of that m/cap (plus the value of all the equipment) suggests CAPD remains good value imho. Especially given the gold price being around all-time highs and prospects for the sector being so good, with geographic diversification offsetting Mali-type ups and downs. |
Posted at 21/2/2025 07:15 by rivaldo Sanu Gold's shares are up 12% overnight to C$0.28 after news that they've launched a new drilling programme (CAPD's holding is now worth £3.7m) - and you'll remember that CAPD are also the drilling contractors: |
Posted at 14/2/2025 13:37 by rivaldo Kaizenkid, certainly my estimate was too low - according to this CAPD now own 220m shares in WIA, as opposed to the 183m in the thread header, so they must have bought some more in a fundraising or on the market at some point:So 220m shares at A$0.16 at the current 1.98 exchange rate means the shareholding is now worth £17.8m against CAPD's £151m m/cap.... |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
