Metals Australia Ltd engages in the exploration and development of mineral deposits and investment in Australia and Canada. The company primarily explores for lithium, gold, silver, copper, zinc, cobalt, graphite, nickel, and other base metal deposits. Its flagship project is the Lac Rainy graphite project that consists of 92 mineral claims covering an area of approximately 45.5 square kilometers located in Quebec, Canada. The company also holds interest in Lac Carheil Graphite project located in Quebec; Corvette River Lithium project located in the James Bay Region, Quebec; and Lac du Marcheur copper-cobalt project located in Quebec. In addition, it holds 80% interests in the Manindi Critical Minerals project located near the northeast of Perth in Western Australia; the Warrambie Battery Metals project located in the Pilbara region of Western Australia; the Warrego East project located in the Northern Territory; and the Big Bell North project located in Western Australia. The company was incorporated in 1981 and is headquartered in West Perth, Australia.
Australian Market Performance
7D7 Days: 0.1%
3M3 Months: 7.9%
1Y1 Year: 7.8%
YTDYear to Date: 6.3%
Over the last 7 days, the market has remained flat, although notably the Materials sector declined by 3.1%. As for the longer term, the market has risen 7.8% in the past 12 months. As for the next few years, earnings are expected to grow by 11% per annum. Market details ›
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