Capital Ltd share price, company news, analysis and interviews

Capital Ltd (LON:CAPD) has announced the appointment of Mr. Rick Robson as Chief Financial Officer (“CFO”) following the departure of Mr. Giles Everist. Mr. Robson will replace Mr. Giles Everist with effect from 01 January 2023 and will work closely with Mr. Everist over the next two months to ensure an orderly transition. Mr. Robson is based in London and will report to Mr. Peter Stokes, Chief Executive Officer. Mr. Robson has been a member of Capital’s senior management team since 2019 and is currently Head of Corporate Development & CFO of MSALABS. Over the last three years, Mr. Robson has led

Capital Ltd (LON:CAPD), a leading mining services company, has provides its Q3 2022 trading update for the period ended 30 September 2022. THIRD QUARTER (Q3) 2022 KEY METRICS   Q3 2022 Q3 2021 Q2 2022 % change fromQ3 2021 % change fromQ2 2022 Revenue (US$m) 73.1 61.6 71.2 18.7% 2.7% ARPOR*(US$) 182,000 182,000 171,000 0.0% 6.4% Average utilised rigs 91 81 97 12.3% -6.2% Fleet Utilisation (%) 77 76 85 1.3% -9.4% Average Fleet 119 107 114 11.2% 4.4% Closing fleet size 127 108 116 17.6% 9.5% * Average monthly revenue per operating rig Financial Highlights ·      Q3 2022 revenue of $73.1 million,

Capital Ltd (LON:CAPD), a leading mining services company has announced the award of a new drilling contract and associated purchase of additional drill rigs and other capital equipment.  ·      An expanded drilling services contract with B2Gold Corp. at the Fekola Gold Mine, Mali, out to the end of 2024. Our services on site now include development (diamond & reverse circulation) and grade control drilling. This follows our initial drilling contract announced at the end of June 2022. ·      Associated asset purchase: To facilitate delivery of the new contract Capital has purchased 10 rigs from African Mining Services (AMS), part of the Perenti Group. In addition we

Capital Ltd (LON:CAPD), a leading mining services company, has announced half year results for the period 1 January to 30 June 2022.  HALF YEAR RESULTS FOR THE PERIOD ENDED 30 JUNE 2022* H1 2022 H1 2021 % change Revenue ($ m) 138.1 98.7 39.9% EBITDA1 ($ m) 41.4 28.4 45.8% EBIT1 ($ m) 28.0 20.2 38.6% Adjusted net profit2 ($ m) 19.9 12.7 56.7% Investment (Losses) / Gains ($ m) (10.3) 5.7 (280.7)% Net Profit After Tax ($ m) 9.7 18.4 (47.3)% Cash From Operations ($ m) 34.9 5.4 546.3% Capex3 ($ m) 22.6 35.0 (35.4)%     Earnings per Share     Basic (adjusted)2 (cents) 10.5 6.7