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IR Resources Limited is currently in a long term uptrend where the price is trading 18.9% above its 200 day moving average.
From a valuation standpoint, the stock is 64.2% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.5.
IR Resources Limited's total revenue rose by 12.8% to $8M since the same quarter in the previous year.
Its net income has increased by 26.8% to $-4M since the same quarter in the previous year.
Based on the above factors, IR Resources Limited gets an overall score of 4/5.
| ISIN | BMG4953J2098 |
|---|---|
| CurrencyCode | HKD |
| Exchange | HK |
| Industry | Lumber & Wood Production |
| Sector | Basic Materials |
| PE Ratio | None |
|---|---|
| Beta | 0.42 |
| Market Cap | 14M |
| Target Price | None |
| Dividend Yield | 0.0% |
M-Resources Group Limited engages in the forestry and agricultural, financial services, cultural, and logistics businesses in the People's Republic of China and Hong Kong. It is involved in the sale of wood, and household and agricultural related products, as well as timber processing businesses. The company also provides securities brokerage and trading, asset management, and loan financing services. In addition, it engages in the development of cultural related products and services; and logistics and supply chain businesses. The company was formerly known as IR Resources Limited and changed its name to M-Resources Group Limited in April 2021. M-Resources Group Limited is based in Lai Chi Kok, Hong Kong.
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