The company has mining and exploration activities at the Birla Nifty copper mine in WA's Great Sandy Desert and the Mt Gordon copper project near Mt Isa in Queensland. Cash costs are at the top end of the cost curve, creating significant leverage to the copper price but at higher risk. Its only customer is Hindalco Industries, a multi-national copper and aluminium producer. The company has only modest net debt. Price $1.40, fair value $1.80.
Morningstar
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https://www.macquarie.com.au/edge/article/SECTOR/25/f263f12e19dee210VgnVCM100000c502890aRCRD/
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Last
80.5¢ |
Change
-0.005(0.62%) |
Mkt cap ! $75.63M | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 81.5¢ | 80.0¢ | $8.394K | 10.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16041 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 8387 | 1 |
View Market Depth
| Last trade - 15.06pm 08/08/2025 (20 minute delay) ? |
| ABY (ASX) Chart |