Highlights
ASX: PUR       PURSUIT MINERALS LTD
Last Price Today's Change   Day's Range   Trading Volume
0.081   +0.001 (1.25%)  0.078 - 0.083  5,535,854

Overview

 
Avg Volume (4 weeks):16,934,596
4 Weeks Range:0.065 - 0.097
4 Weeks Price Volatility (%):
50.00%
52 Weeks Range:0.004 - 0.097
52 Weeks Price Volatility (%):
82.80%
Average Price Target:-

Headlines



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Business Background

South American Ferro Metals Limited (SAFM) is an Australia-based iron ore producer. SAFM owns 100% of the mineral rights and property of the Ponto Verde Iron Ore Project, located in the heart of the Iron Ore Quadrilateral, near the town of Belo Horizonte in the state of Minas Gerais, Brazil. The company operates under a processing license of 1.5 Mtpa of Run-Of-Mine (ROM). SAFM operates three fully integrated plants, comprising the Beneficiation, Concentrator One and Concentrator Two plants. SAFM sells three iron ore products from its Ponto Verde mine which include Lump, Sinter Feed and Concentrate to local steel producers in Brazil. The Company's subsidiaries include South American Ferro Metals Limited and SAFM Mineracao LTDA.

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