Highlights
ASX: RHI       RED HILL IRON LIMITED
Last Price Today's Change   Day's Range   Trading Volume
3.95   +0.15 (3.95%)  3.80 - 3.95  353,533

Overview

 
Avg Volume (4 weeks):33,033
4 Weeks Range:3.70 - 4.22
4 Weeks Price Volatility (%):
48.08%
52 Weeks Range:0.20 - 4.40
52 Weeks Price Volatility (%):
89.29%
Average Price Target:-

Headlines



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Business Background

Red Hill Iron Limited is an Australia-based mineral exploration company. The Company's principal activities are exploration for iron ore, gold and base metals. The Company is focused on the development of its channel iron deposits (CID) and rock quarrying opportunities in the Western Pilbara region of Western Australia. The Company holds interests in West Pilbara Iron Ore Project (WPIOP) and Pannawonica channel iron project. WPIOP has proven and probable reserves of approximately 445 million tons. The Company has carried out studies for a quarrying concept based on porphyry rock outcrops at the Three Peaks site nearby to the Pannawonica Project. The Company holds the right to various minerals except iron ore on the Red Hill Iron Ore Joint Venture (RHIOJV) tenements, and has secured a mining lease over suitable rock outcrops at the Three Peak locality.

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