Endomines shares take a spike after company announces drilling results – stock market deepens deeper per night


The Helsinki Stock Exchange closed on Thursday in line with other European markets. The general index fell 1.1 percent to 12,766 points.

Of Thursday’s top 10 most traded shares, all fell except the forest industry company UPM, which ended at the previous day ‘s level of EUR 32.44.

The biggest calculator in the top ten was the fuel company In this, whose price suffered by 2.1 percent and the share ended at EUR 45.41.

The entire stock exchange was at the forefront of real estate investment Ovaro, which released its third quarter interim report on Thursday morning. The company’s result clearly decreased from the comparison period. Ovaro had already issued two earnings warnings earlier in November, the last of which came on Wednesday night. According to it, the company’s operating profit this year is significantly lower than last year. Ovaro’s share price decreased by 3.5 percent to EUR 3.35.

The mining company was at the forefront Endomines, which rose by 11.3 per cent to EUR 0.275. Endomines reports drilling results from its Pampalo gold mine, which it considers “very encouraging”. The drilling program is part of a mine reopening and dredging project

Among the biggest gainers was also a bone implant developer BBS. The company said Wednesday night that the requirements of its patent application for an Artebone product have been approved in the United States. The share price rose by 4.0 per cent to EUR 2.89, after just over 32 per cent on Wednesday.

The software company was in the same category on Wednesday Lemonsoftin rise. Wednesday was Lemonsoft’s first trading day. On Thursday, the company’s share fell 1.3 percent to EUR 15.40.

Cargo handling equipment manufacturer Cargotecin belonging to MacGregor announced on Thursday that it had received a hatch order for twelve Wan Hai Lines to a container ship built by a shipping company. The company did not disclose the value of the order booked for the fourth quarter, but described the order as significant. Carcotec’s share fell 2.3 percent to EUR 47.26 on the stock exchange.

OP said it would start a sauna company Harvian with an additional share monitoring recommendation and a target price of EUR 59.00. Harvia’s share price rose by 0.4 per cent to EUR 53.00.

A company from Kannonkoski Betolar confirmed its intention to list on the First North marketplace on Thursday. Kauppalehti announced its preliminary listing intentions in September.

The company has little turnover yet, but aims to have sales of more than one billion euros and an EBITDA margin of 30 percent within ten years. The company’s business is based on technology that could replace cement in cement-based building materials.

Of Wall Street’s key indices, the Dow Jones was down 0.2 percent at the time the Helsinki Stock Exchange closed, the broad S&P 500 was at its previous day’s closing level, and the technology-focused Nasdaq was up 0.4 percent.


Source: Arvopaperi by www.arvopaperi.fi.

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