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Iofina plc (LON:IOF – Get Rating) insider Lance J. Baller acquired 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 9th. The shares were acquired at an average cost of GBX 18 ($0.24) per share, with a total value of £18,000 ($23,584.91). Shares of LON:IOF opened at GBX 17.25 ($0.23) […]
About the company Iofina plc is involved in the exploration and production of iodine, iodine specialty chemical derivatives, produced water and natural gas. Iofina's business strategy is to identify, develop, build, own and operate iodine extraction plants currently focused in North America based on Iofina’s Wellhead Extraction Technology® (WET®) IOsorb® technology. Iofina has production operations in the United States, specifically in Kentucky, Montana, and Oklahoma. The Group has complete vertical integration from the production of iodine in the field to the manufacture of the chemica...
15 April 2021 | 08:58am StockMarketWire.com - Iofina said sales of iodine and specialty chemicals rose to a record in the first quarter of the year, but the iodine maker said first-half production would fall short of guidance following weaker quarterly output. The company is likely to achieve H1 production of approximately 250MT, below the 285-305 MT forecast, the company said. The company produced 108.2 MT of crystalline iodine, down from 129.7 MT last year, largely due to 'abnormal extreme weather for two weeks in February,' the company said. With weather related production issues now resol...
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