IronRidge Resources Limited explores for and develops mineral properties in Africa and Australia. It explores for lithium, gold, bauxite, titania, and iron ore deposits. The company's flagship project is Zaranou gold project, which includes 3,982 square kilometers of gold deposits and 774 square kilometers of lithium deposits located in Côte d'Ivoire, West Africa. The company was formerly known as Ridge Exploration Pty Ltd. and changed its name to IronRidge Resources Limited in October 2011. IronRidge Resources Limited was incorporated in 2007 and is based in Sydney, Australia.
Research context
IronRidge Resources Limited appears in PyInvesting’s London 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
- GBP
- Sector
- Metals & Mining
- Industry
- Materials
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5 years, 6 months ago
IronRidge Resources Limited is currently in a long term uptrend where the price is trading 33.7% above its 200 day moving average.
From a valuation standpoint, the stock is 59.1% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 2655.6.
Finally, its free cash flow fell by 303.3% to $-3M since the same quarter in the previous year.
Based on the above factors, IronRidge Resources Limited gets an overall score of 2/5.