Cluff Gold, the dual AIM and TSX listed, West African focused gold miner has changed its name to Amara Mining. It has also announced the resignation of three non-executive Directors as part of the Board's review of its structure.
Consensus estimates for this mid-tier gold producer are for a pre-tax profit of 11.36m pounds for the year ending 31 December 2012, putting it on a forward PE ratio of approximately 23.
In mid-day trading the shares of Cluff were up 1p to 81p.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
CM
-
Shein shifts IPO focus to Hong KongThe development piles fresh pressure on London’s beleaguered stock market, which many had hoped would be boosted by Shein’s IPO
-
Scientists turn lead into gold – could it wreck the yellow metal's price?Medieval alchemists have been vindicated after scientists turned lead into gold, but the results aren’t going to crash the gold price any time soon
