Mincor Resources NL, together with its subsidiaries, engages in the exploration, evaluation, development, and mining of mineral resources in Australia. The company explores for nickel, gold, cobalt, and copper deposits. Its flagship project is the Cassini located in the Southern Goldfields region of Western Australia. The company was formerly known as Africwest Gold NL and changed its name to Mincor Resources NL in October 1999. Mincor Resources NL was incorporated in 1996 and is headquartered in West Perth, Australia. As of July 5, 2023, Mincor Resources NL operates as a subsidiary of Wyloo Consolidated Investments Pty Ltd.
Research context
Mincor Resources NL 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
Mincor Resources NL is currently in a long term downtrend where the price is trading 1.0% below its 200 day moving average.
From a valuation standpoint, the stock is 5229.5% more expensive than other stocks from the Basic Materials sector with a price to sales ratio of 37423.7.
Mincor Resources NL's total revenue sank by 99.7% to $58K since the same quarter in the previous year.
Its net income has increased by 18.2% to $-6M since the same quarter in the previous year.
Finally, its free cash flow fell by 65.6% to $-6M since the same quarter in the previous year.
Based on the above factors, Mincor Resources NL gets an overall score of 1/5.