| ASX: AGO || || ATLAS IRON LIMITED |
|Last Price ||Today's Change || Day's Range || Trading Volume |
|0.016 || +0.001 (6.67%) || 0.015 - 0.016 || 25,402,992 |
|Avg Volume (4 weeks):||121,605,395|
|4 Weeks Range:||0.014 - 0.029|
|4 Weeks Price Volatility (%):|
|52 Weeks Range:||0.008 - 0.053|
|52 Weeks Price Volatility (%):|
|Average Price Target: || 0.21 |
|Price Target Upside/Downside: || +0.194 |
Atlas Iron Limited is an iron ore company. The Company's principal activities include the exploration, development, mining and sale of iron ore. It is involved in mining and exporting direct shipping ore (DSO) from its operations in the Northern Pilbara region of Western Australia. Its operations include Wodgina project, which is located approximately 100 kilometers south of Port Hedland through the Great Northern Highway; Abydos mine, which is located over 130 kilometers south-southeast of Port Hedland, and the Mt Webber mine, which is located approximately 230 kilometers south-southeast of Port Hedland. Its expansion projects include Corunna Downs project and McPhee Creek project. Its Davidson Creek Hub DSO Project is located approximately 100 kilometers east of Newman. Its Western Creek DSO Project is a group of tenements situated between 15 kilometers and 50 kilometers west of Newman in the Southeast Pilbara. Its Ridley Magnetite Project is located within the Pardoo project area.
Be the first to like this. ticktock With a 3ct dividend after Ex date, stock is holding up well.
"The overcapacity that everybody was so worried about is turning out to be moot because 2013 is shaping up as a record year for steel demand,”according to the chief analyst at Mysteel Research (300226), the Shanghai-based company that provides data to the National Development and Reform Commission.
ticktock The mining, aviation and energy sectors are set to be the big winners from the Coalition’s election victory?? Will Abbott promise to abolish the carbon and mining taxes??
ticktock THE successful $1.4 billion takeover of Aquila Resources by China’s Baosteel and Australia’s Aurizon should serve as a reminder of the upside in Atlas Iron’s Pilbara asset base, Atlas managing director Ken Brinsden says.
ticktock Baosteel-Aurizon acquisition of Aquila highlighted the potential value in Atlas’s suite of undeveloped iron ore deposits. Atlas’s $600m market capitalisation appeared to reflect only its existing production base of 12 million tonnes a year and ignored the potential of the company to take advantage of the additional 31 million tonnes of port capacity allocated to it at Port Hedland.