Classic Minerals Limited engages in the exploration of mineral resource projects in Australia. The company primarily explores for gold and nickel deposits. Its flagship project is the Kat Gap gold project located in Western Australia. The company was formerly known as Broad Resources Limited and changed its name to Classic Minerals Limited in 2007. Classic Minerals Limited was incorporated in 2006 and is based in Landsdale, Australia.
Research context
Classic Minerals Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
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5 years, 6 months ago
Classic Minerals Limited is currently in a long term downtrend where the price is trading 26.3% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Classic Minerals Limited's total revenue rose by 51536.8% to $98K since the same quarter in the previous year.
Its net income has increased by 44.6% to $-5M since the same quarter in the previous year.
Finally, its free cash flow fell by 108.4% to $-3M since the same quarter in the previous year.
Based on the above factors, Classic Minerals Limited gets an overall score of 3/5.