Balfour Beatty Plc, Fresnillo Plc, Alien Metals Ltd: 3 trending FTSE stocks

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Balfour Beatty Plc, Fresnillo Plc, Alien Metals Ltd: 3 trending FTSE stocks

 Balfour Beatty Plc, Fresnillo Plc, Alien Metals Ltd: 3 trending FTSE stocks
Image source: Travis Wolfe, Shuttestock.com

Highlights

  • Balfour Beatty Plc reported higher revenue and profit from operation during the half-yearly result.
  • Fresnillo Plc announced a sterling equivalent dividend payoff of 7.14p per share for the interim dividend declared on 3 August 2021.
  • Alien Metals Ltd issued additional shares after receipt of exercise notice.

The Consumer Price Inflation (CPI) in the UK fell back to 2% year-on-year in July. The inflation rate has declined after making three years high of 2.5% in June 2021 and was within the 2% target set by the Bank of England. The inflation rate was dragged down by the clothing and footwear segment along with the recreational goods and service segment.

However, after the inflation data announcement by the Office for National Statistics (ONS), the blue-chip index FTSE100 was down by 25 points at 7,155.

Let us look at 3 FTSE stocks that continues to trend today:

Balfour Beatty Plc (LON: BBY)

The company operates in the construction segment with key operations in the construction service, support service and infrastructure investment. It serves the government department as well as private sector entities. The company’s stock is constituent of the mid-cap focused FTSE250 index.

The company reported revenue of £4,154 million during the half year period ended 2 July 2021. The reported profit from operations was at £60 million compared to the £14 million loss reported in the same period last year. Basic Earnings Per Share, which is a measure of company’s profitability, was at 7.8p per share. The company’s high revenue was mainly due to the pickup in the UK construction activity.

Balfour Beatty Plc is trading at GBX 301.80, down 5.58%, at 14:38 PM. Its current market cap stands at £2,072 million as of 18 August 2021. In the last one year, the stock has given a 24.87% return to shareholders.

Fresnillo Plc (LON: FRES)

The company does the exploration and production of metals like silver, gold, lead, zinc. It is one of the largest silver producers globally and is Mexico’s largest gold producer.

The company has announced the conversion rate for its interim dividend announced on 3 August 2021. The sterling equivalent dividend payoff will be 7.14p per share and will be paid on 15 September to eligible shareholders. The company reported, adjusted revenue of USD 1543.1 million, which was up by 37.1%, due to the higher metal prices and increased volume. The gross profit of the company stands at USD 606.8 million, while EBITDA was at USD 747 million during the six months ended 30 June 2021.

Fresnillo Plc is trading at GBX 830.00 at 14:40 PM. Its current market cap stands at £6,091.16 million as of 18 August 2021. In the last one year, the stock has given a negative return of 33.74% to shareholders.

Alien Metals Ltd (LON: UFO)

The company focuses on exploration and mining projects. It operates on the acquisition-led strategy to build a strong portfolio of diversified assets across precious and base metal commodities.

The company has recently issued 35,332 ordinary shares at an issue price of 0.25p per share following the receipt of exercise notices. The new ordinary share will trade along with the existing shares, and the company will have 3,425,152,802 shares trading in the AIM market.

Alien Metals Ltd is trading at GBX 0.83 at 14:41 PM. Its current market cap stands at £28.26 million as of 18 August 2021. In the last one year, the stock has given a 166.62% return to shareholders.

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