UK's Capital tumbles to 3.5-yr-low on missing revenue forecast
20/01/2025 09:57
** Shares of mining services company Capital CAPD.L down
8.4% at 75.7 pence
** Stock among top losers on London's smallcaps .FTSC ,
which is up 0.07%
** Stock fell as much as 13.4% to 71.8p to more than
3.5-year-low
** Co reports FY 2024 revenue of $348 mln, missing its
forecast range of $355-375 mln
** Revenue hit by delay in ramp up of contract with Nevada
Gold Mines, co says
** Trade vol exceeds 4x the 30-day avg of 135,725 shares
** In 2024, shares fell by 10%
(Reporting by Simone Lobo in Bengaluru)
((Simone.Lobo@thomsonreuters.com; +919920570373;))