Iofina PLC (LON:IOF)

Iofina PLC (LON:IOF)

Share Price
16.30 p
-0.4975 (-2.96 %)
Market Cap
£31.28 m
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Iofina PLC

Iofina PLC is involved in the exploration and production of iodine, iodine speciality chemical derivatives, produced water and natural gas. Iofina's business strategy is to identify, develop, build, own and operate iodine extraction plants currently focused in North America based on Iofina’s Wellhead Extraction Technology® (WET®) IOsorb® technology. Iofina has production operations in the...

Market: LSE:IOF
52-week High/Low: 33.18p / 9.88p
Sector: Energy
Market Cap: £31.28 m
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Big Picture – A Deep Dive Examination of Iofina PLC

Iofina PLC Timeline


Iofina restructures its debt

Iofina said the extension of the debt, along with the removal of the convertibility of the notes, is an important step for the company

Iofina continues in record-busting form

The IOF#7 facility, opened in February, has made a significant contribution to production levels. Meanwhile, debt renegotiation is at an advanced stage and the Group expects to provide a market update on this in the coming weeks

Iofina's performance continues to improve

The price of the key raw material, iodine, has increased year-on-year. Growing iodine sales, as well as non-iodine product increases, will help push 2018 to expected revenue levels, Iofina said

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