Chesterfield Resources plc

CHF

GB00BF2F1X78

Specialty Mining & Metals

Market Closed - London S.E. Other stock markets 11:35:13 2024-04-26 am EDT			5-day change	1st Jan Change
0.45 ^GBX	0.00%		0.00%	-5.26%

Mar. 20	Chesterfield Resources shares surge as shakes up leadership	AN
Mar. 20	Chesterfield Resources Names New Executive Chair	MT

Chesterfield Resources shares down as Adeline sale fails

January 27, 2023 at 04:38 am EST

Chesterfield Resources PLC - copper and gold explorer in Cyprus and in Labrador, Canada - Canadian exploration company Pacton Gold Inc cancels planned acquisition of the Labrador-based Adeline copper exploration project from Chesterfield Resources, which the latter had originally announced in October.

"This is in spite of the fact that investor interest in the Adeline project, as solicited by Pacton, has been robust. Further, Pacton's technical team determined high prospectivity at Adeline and had a thorough plan to explore in 2023 and beyond," Chesterfield says.

The company adds that it hopes for an alternative buyer.

Current stock price: 1.39 pence, down 18% on Friday

12-month change: down 81%

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Chesterfield Resources plc

Chesterfield Resources shares surge as shakes up leadership	Mar. 20	AN
Chesterfield Resources Names New Executive Chair	Mar. 20	MT
Chesterfield Resources plc Announces Board Changes	Mar. 20	CI
Alphawave slumps as swings to interim loss	23-09-25	AN
Chesterfield loss narrows on lower costs; eyes new opportunities	23-09-15	AN
Chesterfield Resources plc Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-15	CI
New patents for Sareum; Guanajuato hails assessment	23-06-26	AN
DP Aircraft profit swing, Chesterfield loss widens	23-04-28	AN
Chesterfield Resources plc Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-27	CI
Sterling Metals Higher After Reporting TSXV Approval for Option to Buy 100% of Adeline Copper Silver Project	23-03-22	MT
Sterling Metals Corp. recently acquired 100% interest in Adeline High-Grade Copper Project in Labrador, Canada from Chesterfield Resources plc for approximately CAD1.08 millions.	23-03-21	CI
Chesterfield Resources shares rise on Adeline sale	23-03-06	AN
FTSE 100 Closes Slightly Up Lifted by Oil Stocks	23-01-27	DJ
YouGov's CMD to Be the Next Catalyst, Says Berenberg	23-01-27	DJ
FTSE 100 Rises as Sainsbury's Jumps, Oil Stocks Rise	23-01-27	DJ
Sainsbury's Tops FTSE 100 Risers as Bestway Builds Stake	23-01-27	DJ
Chesterfield Resources shares down as Adeline sale fails	23-01-27	AN
Bestway's Sainsbury's Stake Buy Surprising, Shore Says	23-01-27	DJ
Pacton Gold Terminates Deal To Buy Chesterfield Resources' Canadian Project	23-01-27	MT
Pacton Gold Inc. cancelled the acquisition of Adeline High-Grade Copper Project in Labrador, Canada from Chesterfield Resources plc for approximately CAD 4 million.	23-01-26	CI
Pacton Gold Inc. cancelled the acquisition of Adeline High-Grade Copper Project in Labrador, Canada from Chesterfield Resources plc for approximately CAD 4 million.	23-01-26	CI
FTSE 100 Closed Tuesday Up But Trailing Other Global Markets	22-11-08	DJ
TRADING UPDATES: Argentex interim profit grows; Egdon swings to profit	22-11-08	AN
UK Economy Expected to Contract in 3Q as Inflation Weighs	22-11-08	DJ
Gilt Yields Rise After Weak Demand at BOE Sale	22-11-08	DJ

Chart Chesterfield Resources plc

Duration

Period

More charts

Company Profile

Chesterfield Resources PLC is a mineral exploration company with projects in Cyprus and Canada. The Companyâs Westline Trend project area is located on the southwestern margin of the Troodos Massif in an underexplored area of the prospective VHMS stratigraphy. The Westline Trend is a highly prospective mineral trend containing the Westline and Orchard areas in the West Troodos area. Its Orchard prospect is located about 2.4 kilometers (km) SSE of Evlim, along the Westline Trend. In Cyprus, it has a portfolio of three licenses (license numbers: AE4664, AE4672 and AE4673) covering approximately 13.39 square kilometers. The Company has about 10 mineral exploration licenses in Canada.

Sector

Specialty Mining & Metals

Calendar

2024-09-30 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.0045 GBP

Average target price

0.21 GBP

Spread / Average Target

+4,566.67%

Consensus

Annual profits - Rate of surprise

Company calendar

Sector Other Specialty Mining & Metals

	1st Jan change	Capi.
CHESTERFIELD RESOURCES PLC	-5.26%	731K
SOUTHERN COPPER CORPORATION	+35.87%	90.41B
FREEPORT-MCMORAN INC.	+18.63%	72.53B
MINING AND METALLURGICAL COMPANY NORILSK NICKEL	-.--%	27.75B
JIANGXI COPPER COMPANY LIMITED	+48.73%	10.49B
SUMITOMO METAL MINING CO., LTD.	+24.16%	9.2B
BOLIDEN AB	+12.94%	8.86B
KOREA ZINC INC.	-8.73%	6.9B
WESTERN MINING CO.,LTD.	+44.50%	6.78B
JINDUICHENG MOLYBDENUM CO., LTD.	+23.28%	5.19B

Other Specialty Mining & Metals

Chesterfield Resources plc

Equities

CHF

GB00BF2F1X78

Specialty Mining & Metals

Chesterfield Resources shares down as Adeline sale fails

Latest news about Chesterfield Resources plc

Chart Chesterfield Resources plc

Company Profile

Income Statement Evolution

Analysts' Consensus

Annual profits - Rate of surprise

Sector Other Specialty Mining & Metals