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1 Comment
Eastern Iron Limited is currently in a long term uptrend where the price is trading 60.1% above 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.
Eastern Iron Limited's total revenue sank by 99.6% to $10 since the same quarter in the previous year.
Its net income has dropped by 14.9% to $-238K since the same quarter in the previous year.
Finally, its free cash flow grew by 28.5% to $-104K since the same quarter in the previous year.
Based on the above factors, Eastern Iron Limited gets an overall score of 3/5.
Industry | Other Industrial Metals & Mining |
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Sector | Basic Materials |
ISIN | AU000000EFE6 |
CurrencyCode | AUD |
Exchange | AU |
PE Ratio | 0.0 |
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Target Price | None |
Beta | 0.05 |
Dividend Yield | 0.0% |
Market Cap | 14M |
Eastern Resources Limited engages in the exploration for iron ore, precious, and base metals resources in Australia. The company also explores for copper-gold volcanogenic sulphide deposits. Its holds interest in the Nowa Nowa iron project located in Victoria; and the Nowa Nowa Copper project located in in Eastern Victoria. It also has an option to acquire 100% interest in the Trigg Hill Lithium-Tantalum Project and the Taylor Lookout Lithium-Tantalum Project in Western Australia. The company was formerly known as Eastern Iron Limited and changed its name to Eastern Resources Limited. The company was incorporated in 2007 and is headquartered in St Leonards, Australia.
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