logo-loader
viewBlueJay Mining PLC

BlueJay Mining gives investors a preview of full-year results

Bluejay expects to report a loss of £10.8mln for the year

BlueJay
The group plans to release the full report on its annual results on June 4

Bluejay Mining PLC (LON:JAY) said it plans to change brokers after SP Angel unintentionally released information about its full-year results before they were published.

The company said following SP Angel’s “inadvertent” release of information, it has decided to provide some of the details of its annual results.

The details include that Bluejay expects to report a loss of £10.8mln for the year, compared to a loss of £2.7mln a year ago, after taking a £8.9mln impairment for Finnish exploration assets.

Exploration costs during the year were £6.3mln, compared to £4.6mln the previous year, while administration expenses came to £1.8mln.

Bluejay ended the year with £8.8mln of cash and cash equivalents.

The group plans to release the full report on June 4.

Quick facts: BlueJay Mining PLC

Price: 7.9 GBX

AIM:JAY
Market: AIM
Market Cap: £73.47 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of BlueJay Mining PLC named herein, including the promotion by the Company of BlueJay Mining PLC in any Content on the Site, the Company receives...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Investor Update: Allergy Therapeutics receives multi-million-dollar settlement

Top stories from the Proactive Investors UK newsroom. Allergy Therapeutics (LON:AGY) has accepted US$7.6mln in settlement of a dispute over the procedures used for a US grass pollen vaccine trial. Allergy blamed the inconclusive trial results on the way the study was carried...

on 27/6/19

2 min read