Heavy Minerals Limited engages in the exploration and development of industrial mineral resource projects in Western Australia, Mauritius, and Mozambique. It explores for industrial garnet, ilmenite, zircon, leucoxene, and rutile minerals. The company’s primary project is the Port Gregory Garnet project that covers an area of 227.28 square kilometers located near the North of Geraldton, Western Australia. It also holds interests in Red Hill Prospect, located in Geraldton; and Inhambane Project, located in Mozambique. The company was incorporated in 2021 and is based in Belmont, Australia.
Australian Market Performance
7D7 Days: 0.2%
3M3 Months: 6.5%
1Y1 Year: 7.3%
YTDYear to Date: 6.1%
The market has been flat in the last week, however the Materials sector is down 5.9%. As for the longer term, the market has risen 7.3% in the past 12 months. Earnings are forecast to grow by 11% annually. Market details ›
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