Aspire Mining Limited (AKM.AX)
Aspire Mining Limited operates in the Coal industry of the Energy sector, headquartered in Sydney, NSW, AU. The stock last traded at $0.22, up 10.00% on the session, giving a market capitalisation of $111.7M. Its beta of 0.66 implies it has historically moved less than the broad market.
Aspire Mining Limited, an entity established in Perth, Australia, in 2006, concentrates its efforts on discovering and advancing metallurgical coal deposits across Mongolia. The company boasts full ownership (100%) of the Ovoot coking coal project, which includes a single mining license located in the country's north-western region. Furthermore, it maintains a significant 90% equity in the Nuurstei coking coal project, also holding a distinct mining license. Beyond its coal assets, Aspire Mining is engaged in the planning, construction, and eventual management of the Erdenet to Ovoot railway in northern Mongolia.
Aspire Mining Limited is most often compared with the following Energy names: