Last kr0.65 SEK
Change Today 0.00 / 0.00%
Volume 118.8K
DMABB On Other Exchanges
Symbol
Exchange
Stockholm
Berlin
As of 6:54 AM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

dannemora mineral ab (DMABB) Snapshot

Open
kr0.60
Previous Close
kr0.65
Day High
kr0.65
Day Low
kr0.60
52 Week High
10/7/13 - kr3.70
52 Week Low
05/12/14 - kr0.20
Market Cap
22.5M
Average Volume 10 Days
98.5K
EPS TTM
kr-10.07
Shares Outstanding
33.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for DANNEMORA MINERAL AB (DMABB)

Related News

No related news articles were found.

dannemora mineral ab (DMABB) Related Businessweek News

No Related Businessweek News Found

dannemora mineral ab (DMABB) Details

Dannemora Mineral AB, a mining and exploration company, is engaged in the production and processing of iron ore products in Sweden. It primarily has interests in the Dannemora iron ore mine covering an area of 176.8 hectares located in Östhammars kommun, Sweden; and has 7 exploration permits covering an area of 4,228 hectares in Sweden. It is involved in the ownership and management of 13 multi-family houses. The company was founded in 2005 and is headquartered in Danderyd, Sweden.

132 Employees
Last Reported Date: 08/25/14
Founded in 2005

dannemora mineral ab (DMABB) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

dannemora mineral ab (DMABB) Key Developments

Dannemora Mineral to Close Office in Mörby; Announces Management Changes

Dannemora Mineral has initiated a review of the organization, to further improve efficiency and reduce costs. The following changes will occur: the office in Mörby will be closed at the end of the year and the positions will be moved to Dannemora. For this reason, Niklas Kihl, CFO, has chosen to resign. Niklas Kihl remains as Group CFO until year-end. Pär Göting, CEO of Dannemora Magnetit AB, will assume another position outside the company and will leave the company on November 30, 2014. Ralf Nordén takes over as CEO of Dannemora Magnetit AB with immediate effect.

Dannemora Mineral AB Reports Unaudited Consolidated and Parent Earnings Results for the Second Quarter and Six Months and Operating Results for the Second Quarter and Six Months Ended June 30, 2014

Dannemora Mineral AB reported unaudited consolidated and parent earnings results for the second quarter and six months and operating results for the second quarter and six months ended June 30, 2014. For the quarter, the group reported loss per share before and after full dilution of SEK 3.68. This was an improvement over loss per share before and after full dilution of SEK 4.45 in the second quarter of 2013. LBITDA was SEK 28.3 million, an improvement over LBITDA of SEK 52 million in the second quarter of 2013. Net sales were SEK 136 million, compared with SEK 83.1 million in the second quarter of 2013. Cash flow from operating activities was SEK 7.47 million compared to cash used in operating activities of SEK 98.17 million reported a year ago. Operating loss was SEK 59.96 million compared to SEK 79.10 million reported a year ago. Loss after financial items was SEK 127.18 million compared to SEK 130.95 million reported a year ago. Investment in property, plant & equipment was SEK 11.98 million compared to SEK 42.11 million reported a year ago. LBITDA adjusted for extraordinary costs financing was SEK 21.37 million compared to SEK 51.97 million reported a year ago. Return on equity was 144.3% compared to negative return on equity of 77.7% reported a year ago. For the six months, the group’s loss per share before and after full dilution was SEK 6.13, an improvement over loss per share before and after full dilution of SEK 11.82 per share, in the corresponding period of 2013. Net sales were SEK 281.9 million, compared with SEK 171.8 million in the corresponding period of the prior year. Cash flow from operating activities was SEK 11.72 million compared to cash used in operating activities of SEK 173.18 million reported a year ago. Revenue was mainly attributable to iron ore product sales of SEK 280.3 million, with rental income accounting for the remainder. Operating loss was SEK 103.98 million compared to SEK 184.27 million reported a year ago. Loss after financial items was SEK 211.94 million compared to SEK 264.81 million reported a year ago. Investment in property, plant & equipment was SEK 28.12 million compared to SEK 70.57 million reported a year ago. LBITDA adjusted for extraordinary costs financing was SEK 27.84 million compared to SEK 130.56 million reported a year ago. Return on equity was 462.9% compared to negative return on equity of 112.5% reported a year ago. For the quarter, the parent company reported operating loss of SEK 5.71 million and loss after financial items and net loss of SEK 47.35 million on net sales of SEK 11.27 million compared to operating loss of SEK 6.02 million and loss after financial items and net loss of SEK 58.0 million on net sales of SEK 6.85 million reported a year ago. For the six months, the parent company reported operating loss of SEK 14.13 million and loss after financial items and net loss of SEK 67.64 million on net sales of SEK 18.85 million compared to operating loss of SEK 11.48 million and loss after financial items and net loss of SEK 92.31 million on net sales of SEK 13.87 million reported a year ago. For the quarter, the company produced crude ore, mine, of 699,000 tonnes, ROM crude ore, sorting plant, of 711,000 tonnes and ROM crude ore, sorting plant, of 34,000 tonnes compared to crude ore, mine, of 643,000 tonnes, ROM crude ore, sorting plant, of 578,000 tonnes and ROM crude ore, sorting plant, of 32,000 tonnes reported a year ago. The company announced production of finished products remained high, amounting to 292,000 tonnes compared to 196,000 tonnes reported a year ago. For the six months, the company announced production of finished products remained high, amounting to 587,000 tonnes compared to 367,000 tonnes reported a year ago.

Dannemora Mineral Signs Letter of Intent with Voestalpine

Dannemora Mineral announced that it has signed a letter of intent with the Austrian steel group voestalpine for deliveries of iron ore products. Deliveries cover about 300,000 tonnes of fines annually, equivalent to a quarter of the company’s current production. The volume will cover a large part of the additional volumes that will be produced as a result of the planned expansion of the sorting plant. The intention is to sign a minimum three year agreement before the end of 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
DMABB:SS kr0.65 SEK 0.00

DMABB Competitors

Market data is delayed at least 15 minutes.

Company Last Change
BHP Billiton Ltd A$34.86 AUD -0.62
Rio Tinto Ltd A$60.05 AUD -1.54
View Industry Companies
 

Industry Analysis

DMABB

Industry Average

Valuation DMABB Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.0x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact DANNEMORA MINERAL AB, please visit www.dannemoramineral.se. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.