By Steve Moore | Thursday 19 September 2019
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Tungsten Corp (TUNG) has updated on its quarter ended 31st July 2019 including “revenue grew 5% in comparison to Q1-FY19”, “reflecting revenue growth, ongoing cost containment and collection of receivables written off in prior periods of £0.2 million… adjusted EBITDA increased to £1.0 million from a £(0.1) million adjusted EBITDA loss in Q1-FY19” and “our sales pipeline continues to grow, both by number and value of opportunities”. The shares have though currently responded to 43.5p, slightly lower…
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