|Bid||0.1550 x 0|
|Ask||0.1600 x 0|
|Day's Range||0.1600 - 0.1700|
|52 Week Range||0.0700 - 0.3700|
|Beta (3Y Monthly)||-3.29|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 27, 2019 - Apr 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.41|
Lydian International Limited (LYD.TO) (“Lydian” or “the Company”) announced today its results for the three months ended March 31, 2019. Illegal Blockades – The blockades continue at Lydian’s Amulsar Gold Project, having been in place since June 22, 2018. As a result, two of Lydian’s subsidiaries formally notified the Government of Armenia on March 11, 2019 of the existence of disputes with the Government of Armenia under the UK bilateral investment treaty and the Canada bilateral investment treaty.
Lydian International Limited (LYD.TO) (“Lydian” or the “Company”) announced today the following board of director and management updates. Eugene Davis resigned from the Company’s board of directors, effective May 1, 2019. In addition, Tim Read has announced his retirement and submitted his resignation from the Company’s board of directors.
On July 24, 2018, Lydian Armenia CJSC, a subsidiary of Lydian International Limited (LYD.TO) (“Lydian” or the “Company”), filed a complaint with the Jermuk Unit of the Vayots Dzor Police Department to initiate an investigation and file criminal charges against the protesters that had set up illegal blockades of roads accessing the Amulsar Project site. The Police denied this request, resulting in the Company applying for a reversal of the Police decision with the Ararat and Vayots Dzor Regions’ General Jurisdiction Court on September 30, 2018. The court ruled in Lydian’s favour on January 18, 2019, establishing that the Police failed to initiate a criminal case based on the alleged violations.
Lydian International Limited (LYD.TO) (“Lydian” or the “Company”) today announced the Administrative Court of the Republic of Armenia ruled in favour of Lydian and instructed the Armenian Police to remove trespassers and their property from the Company’s Amulsar Project site and assure Lydian free passage to Amulsar. On September 20, 2018, Lydian filed an appeal with the Administrative Court of Armenia to have the Police enforce the rule of law and remove protesters trespassing on Company property and denying all road access to the Amulsar Project.
Lydian International Limited (LYD.TO) (“Lydian” or the “Company”) today announced that the Republic of Armenia Government has commenced its third-party assessment (“Third Audit”) of the Amulsar Gold Project’s environmental impact on water resources, geology, biodiversity and water quality. In September 2018, an assessment was ordered by the Armenian government to study possible impacts of the Amulsar Gold Project on water resources. The scope of work will now also include a review of the Company’s Environmental and Social Impact Assessment (“ESIA”) and Environmental Impact Assessment (“EIA”).
Lydian International Limited (LYD.TO) (“Lydian” or the “Company”) announced today that Douglas Tobler, Chief Financial Officer, has submitted his resignation, effective June 14, 2019. Russell Ball, Chairman of Lydian, commented, “On behalf of Lydian and the Board, I would like to thank Doug for his significant contributions to the Company and, in particular, the arrangement of the Amulsar project financing. Lydian will begin a search process to identify a replacement for Mr. Tobler in due course.
Lydian International Limited (LYD.TO) (“Lydian” or “the Company”) announced today its results for the three months and year ended December 31, 2018. Following a change in the Government of Armenia in May 2018, demonstrations and road blockades occurred sporadically throughout the country. A continuous illegal blockade at Amulsar has been in place since June 22, 2018, causing construction activities to be suspended since this date.
TORONTO, March 11, 2019 -- Lydian International Limited (TSX:LYD) (“Lydian” or the “Company”) today announced that, in connection with the ongoing blockades of road access to.
Lydian International Limited (LYD.TO) (“Lydian” or the “Company”) today announced the following updates. Lydian is pleased to announce the conclusion of an isotopic investigation of groundwater systems at the Company’s gold project at Amulsar (the “Amulsar Project”) and the Jermuk area (the “Hydrogeological Survey”). Twenty-five samples were collected from specific sampling points in the Amulsar and Jermuk areas.
Orion CO IV (ED) Limited (“Orion”), Resource Capital Fund VI L.P. (“RCF”) and Osisko Bermuda Limited (“Osisko”) have committed to make available up to $18.56 million to fund the Company during the forbearance period through an amendment to the Company’s existing credit agreement (the “Forbearance Facility”). João Carrêlo, President and Chief Executive Officer of Lydian, stated “We are extremely pleased with this positive development in the Company’s on-going pursuit of strategic alternatives.
Lydian International Limited (LYD.TO) (“Lydian” or “the Company”) is pleased to announce that the Administrative Court of the Republic of Armenia (the “Court”) has accepted the Company’s lawsuit appealing a directive issued by Mr. Artur Grigoryan, the head of the Republic of Armenia’s Environmental and Mining Inspection Body, to refrain from any mining-related activities at the Amulsar project. The acceptance of the lawsuit by the Court results in an automatic suspension of Mr. Grigoryan’s directive, under the Republic of Armenia’s Administrative Procedure Code, which suspension will remain in place until the appeal is heard and determined. João Carrêlo, President and Chief Executive Officer of Lydian, stated, “We are pleased that the Court has agreed to accept Lydian’s lawsuit.
Lydian International Limited (LYD.TO) ("Lydian" or "the Company") is pleased to announce it has secured short-term access to its 100%-owned Amulsar Gold Project to undertake winterization and preservation work on process and mobile equipment. João Carrêlo, President and Chief Executive Officer of Lydian, stated, “Illegal blockades have prevented Lydian from accessing the site to perform work since late-June 2018. While we continue to work with all levels of government to achieve a permanent resolution to the current situation, we are also evaluating a range of financing, strategic, and legal alternatives available to the Company.
Lydian International Limited (LYD.TO) (“Lydian” or the “Company”) announced today its results for the three and nine months ended September 30, 2018. Since late June 2018, illegal blockades have been in place at Amulsar that continue to prevent the Company and its contractors from entering the Amulsar site and resuming construction work. Lydian is engaging and will continue to engage with local and national government officials to seek enforcement of the law in order to have the illegal blockades removed.
Lydian International Limited (LYD.TO) (“Lydian” or the “Company”) today announced the following corporate updates. During the period of forbearance, Lydian and other stakeholders will continue to petition local and national government officials to enforce the law by removing the illegal blockades and pursue additional options that allow Lydian to resume construction activities.
If you own shares in Lydian International Limited (TSE:LYD) then it’s worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measureRead More...
* At 9:34 a.m. ET (13:34 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 28.02 points, or 0.17 percent, at 16,197.63. The Bank of Canada, which raised interest rates in July for the fourth time in a year, has an inflation target of 2.0 percent. * Canada's energy regulator said on Thursday it had given the go-ahead for the construction of a large portion of the Trans Mountain expansion project, which will nearly triple capacity on the oil pipeline from Alberta to a Vancouver area port.
LONDON, UK / ACCESSWIRE / July 17, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Moneta Porcupine Mines, Nevsun Resources, First Majestic Silver, and Lydian International. The TSX Venture Exchange shaved off 9.61 points, or 1.33%, to finish at 715.63. Today's stocks of interest consist of: Moneta Porcupine Mines Inc. (TSX: ME), Nevsun Resources Ltd (TSX: NSU), First Majestic Silver Corporation (TSX: FR), and Lydian International Ltd (TSX: LYD).