tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Beowulf Mining Converts £25,000 of Loan Notes Into New Shares

Story Highlights
  • Beowulf Mining’s investor has converted £25,000 of loan notes into 395,131 new shares.
  • Admission of the new shares will raise Beowulf’s issued share capital to 60,052,997 shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Beowulf Mining Converts £25,000 of Loan Notes Into New Shares

Claim 70% Off TipRanks Premium

Beowulf Mining ( (GB:BEM) ) just unveiled an update.

Beowulf Mining has received a notice from its investor to convert £25,000 of unsecured convertible loan notes into 395,131 new ordinary shares of 5 pence each. The new shares are expected to be admitted to trading on AIM on 19 January 2026, taking the company’s issued ordinary share capital to 60,052,997 shares, a change that marginally dilutes existing shareholders and updates the base figure used for regulatory disclosure of significant shareholdings under FCA rules.

The most recent analyst rating on (GB:BEM) stock is a Hold with a £10.00 price target. To see the full list of analyst forecasts on Beowulf Mining stock, see the GB:BEM Stock Forecast page.

Spark’s Take on GB:BEM Stock

According to Spark, TipRanks’ AI Analyst, GB:BEM is a Neutral.

The score is primarily held down by the lack of revenue, recurring losses, and continued cash burn, despite some improvement in 2024. Low leverage and a sizable equity base provide balance-sheet support, but the technical picture remains weak with the stock below major moving averages and limited valuation support due to negative earnings.

To see Spark’s full report on GB:BEM stock, click here.

More about Beowulf Mining

Beowulf Mining plc is a European mineral exploration and development company listed on AIM and Spotlight, focused on advancing mineral resource projects, notably in iron ore and other metals, within European markets.

Average Trading Volume: 25,907

Technical Sentiment Signal: Strong Sell

Current Market Cap: £6.26M

Find detailed analytics on BEM stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1