Iofina plc

IOF

GB00B2QL5C79

Specialty Chemicals

Market Closed - London S.E. Other stock markets 11:35:15 2024-05-13 am EDT			5-day change	1st Jan Change
20.5 ^GBX	0.00%		+3.80%	-19.61%

May. 02	EARNINGS AND TRADING: Smiths News ups dividend; NAHL profit rises	AN
May. 02	Iofina plc Reports Operating Results for the Year Ended December 31, 2023 and First Quarter of 2024	CI

Iofina ramping up new plant to round off "good first half of the year"

June 20, 2023 at 04:06 am EDT

(via NewsDirect)

Iofina PLC (AIM:IOF, OTC:IOFNF) CEO Dr Tom Becker speaks to Thomas Warner from Proactive after announcing that its IO#9 IOsorb plant is now operational with production "ramping up over the coming weeks." Dr Becker says that IO-9 is expected to add 100-150 metric tonnes to the company's annual iodine production. He also highlights the company's positive performance so far in 2023, describing it as a "good first half of the year."

Contact Details

Proactive UK Ltd

+44 20 7989 0813

uk@proactiveinvestors.com

Latest news about Iofina plc

EARNINGS AND TRADING: Smiths News ups dividend; NAHL profit rises	May. 02	AN
Iofina plc Reports Operating Results for the Year Ended December 31, 2023 and First Quarter of 2024	May. 02	CI
Iofina plc Reports Earnings Results for the Full Year Ended December 31, 2023	May. 02	CI
Iofina reduces 2024 profit prediction amid high fees in first quarter	Apr. 16	AN
Iofina plc Signs New Multi-Year Agreements	Apr. 16	CI
Iofina shares fall despite increased production and sunny outlook	Jan. 15	AN
Iofina plc Provides Market Update Regarding Its Activities During Fourth Quarter 2023 and Outlines Expectations for 2024	Jan. 15	CI
SkinBio launches food supplement on Amazon	Nov. 30	AN
Iofina Secures Brine Supplier for Iodine Project in US	23-10-20	MT
Iofina inks deal with new partner for latest iodine plant in Oklahoma	23-10-20	AN
Iofina plc Signs Agreement with A New Brine Supply Partner to Construct Its Latest IOsorb® Iodine Plant, IO#10, in Western Oklahoma	23-10-20	CI
Iofina plc Provides Production Guidance for the Second Half of 2023	23-10-20	CI
Iofina plc Provides Production Results for the Third Quarter of 2023	23-10-20	CI
Iofina hails high iodine prices and strong demand as profit surges	23-09-11	AN
Earnings Flash (IOF.L) IOFINA Reports H1 Revenue $24.3M	23-09-11	MT
Earnings Flash (IOF.L) IOFINA Reports H1 EPS $0.02	23-09-11	MT
Iofina plc Provides Production Guidance for the Second Half of 2023	23-09-11	CI
Iofina plc Announces Production Results for the First Half of 2023	23-09-11	CI
Iofina plc Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-11	CI
Iofina optimistic; Metals Exploration ups outlook	23-07-20	AN
Iofina Secures Amendments to Loans	23-07-20	MT
The FTSE 100 Closes up 0.8% as Miners Outperfom	23-07-20	DJ
EasyJet Benefits From Demand Recovery But Faces -2-	23-07-20	DJ
EasyJet Benefits From Demand Recovery But Faces Some Summer Turbulence	23-07-20	DJ
Iofina celebrates as sixth plant in Oklahoma now operational	23-06-14	AN

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Company Profile

Iofina plc is a United Kingdom-based holding company. The Company is a specialist in the exploration and production of iodine and a manufacturer of specialty chemical products. The Companyâs principal business is to identify, develop, build, own, and operate iodine extraction plants, focused on North America, based on the Companyâs Wellhead Extraction Technology (WET) IOsorb technology. The Company, through its subsidiary, Iofina Resources, Inc., develops, builds, owns, and operates iodine extraction plants using its WET IOsorb technology. The Company, through its subsidiary, Iofina Chemical, Inc., manufactures halogen specialty chemicals derived from raw iodine, as well as non-iodine-based products. Its subsidiary, IofinaEX, Inc., is engaged in the extraction of cannabinoid-based products from hemp. The Company's production operations are located in the United States, specifically in Kentucky and Oklahoma. Its other subsidiary is Iofina Resources, LLC.

Sector

Specialty Chemicals

Calendar

2024-09-22 - Q2 2024 Earnings Release (Projected)

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ESG Refinitiv

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Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.205 GBP

Average target price

0.35 GBP

Spread / Average Target

+70.73%

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Annual profits - Rate of surprise

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Iofina plc

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IOF

GB00B2QL5C79

Specialty Chemicals

Iofina ramping up new plant to round off "good first half of the year"

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Income Statement Evolution

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Analysts' Consensus

Annual profits - Rate of surprise

Sector Other Specialty Chemicals