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Sotkamo Silver
2748 investors follow this company
BUY 0.37 LOWEST 0.37 VOLUME 71 531
SELL 0.37 HIGHEST 0.38 VALUE 0,027 Milj. EUR

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Analyytikko

Antti Viljakainen
+358 44 591 2216

Latest insider trading

Type: stock_exchange_release
15.11.
2019

Press release Stockholm, November 15th, 2019

The quarterly report of the third quarter that was published on November 15th 2019 is with this supplemented by SEK 18,880 thousand, fallen away from the liability side of the balance sheet. The amount regards a new Asset Retirement Obligation (ARO). The text has also been supplemented with a description of the provision's treatment and depreciation principle and corrected correction of earnings per share.

Type: stock_exchange_release
15.11.
2019

[image]

Press release Stockholm, November 15th, 2019

Type: stock_exchange_release
4.10.
2019

Press release: Stockholm, October 4, 2019, 10:45 am

Sotkamo Silver Oy has notified the monitoring authority, Kainuu ELY Center, about three anticipated deviations from the environmental permit conditions, regarding the permit conditions for annual total mining volume, sulphur concentration of the tailings and nitrogen concentration of the drainage water. In the notifications the company predicts the mining tonnage and emissions for the calendar year 2019 and their compliance with the permit and effects on the environment.

Type: stock_exchange_release
24.9.
2019

Press release: Stockholm, September 24, 2019, 8,45 am
The ramp-up period of the Silver Mine was completed in August. The production capacity is in line with the long-term production target for both the mining and concentrating plant.

Type: stock_exchange_release
20.9.
2019

Press release: Stockholm, September 20, 2019, 8:45 am

Sotkamo Silver Oy strengthens the organization of Silver Mine with the following appointments.

Mikko Sopanen M.Sc. (Finance & Accounting) has been appointed to VP, Finance of Sotkamo Silver Oy. Mikko has earlier held positions in financial management and funding both in private equity and industry among others in Singapore and China. He moves to Sotkamo Silver from PricewaterhouseCoopers Oy where he has been working in financial management consulting. Mikko will start on 23rd of September 2019.

Type: stock_exchange_release
23.8.
2019

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Press release: Stockholm, August 23, 2019, 8,45 am

Type: stock_exchange_release
9.8.
2019

Press release: Stockholm, August 9, 2019, 16:00 pm

At the mine site of Sotkamo Silver Oy a pipe line broke due to a construction failure which resulted in water flowing into the nearby wetland between the concentrate plant and the side rock area. Elevated concentrations of nitrogen, sulphate, zinc, nickel and cadmium were observed in a ditch on the mining site in the environmental monitoring samples. In the lake Pieni Tipasjärvi levels of these elements were not found.

Type: stock_exchange_release
31.5.
2019

Press release: Stockholm, May 31, 2019, 8,45 am

The number of shares in Sotkamo Silver AB (publ) has increased in connection with the directed share issue by 4,200,000 shares in May. Therefore, the total number of shares and votes in Sotkamo Silver amounts to 134,983,299 and the share capital to SEK 185 176 166.01. Each share has a quota value of approximately SEK 1.37.

The change in share amounts and share capital was registered by the Swedish Companies Registration Office (Bolagsverket) and Euroclear Sweden AB on May 27, 2019

Type: stock_exchange_release
24.5.
2019

Press release: Stockholm, May 24th, 2019, 12,30 am.

The Board of Directors of Sotkamo Silver Oy and Arto Suokas, have agreed that Arto Suokas will leave his position as the Managing Director of the subsidiary. He resigns with immediate effect. The Board of Directors of the subsidiary has appointed COO Erkki Kuronen as Managing Director of the subsidiary from 24 May 2019.

Type: stock_exchange_release
14.5.
2019
[image] FIRST QUARTER 2019
  • Investments were 88 MSEK (25)
  • Other income was 0 MSEK (0)
  • Net profit was -15 MSEK (4)
  • Earnings per share was -0,12 SEK (0,03)
  • Equity was 290 MSEK (372)
  • Cash and cash equivalents were 33 MSEK (308)
  • Cash flow was -77 MSEK (138), of which investments were 88 MSEK and financing 5 MSEK
  • The Company invested in a mechanical BAT (Best Available Technology) water treatment plant
  • The concentrate production started late March and the opening ceremony was held on March 27th

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