Morella Corporation Limited (ALTAF)
Morella Corporation Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in West Perth, WA, AU. The stock last traded at $0.03, up 0.00% on the session, giving a market capitalisation of $12.5M. On trailing twelve-month figures it carries a trailing P/E of -1.19, a net margin of -1169.7%. Its beta of 0.25 implies it has historically moved less than the broad market.
Morella Corporation Limited is a resource development and exploration company primarily dedicated to discovering and advancing lithium and other critical battery minerals. Its operations are structured around two key segments: Mineral Exploration and Exploration Services, with its activities concentrated in Australia and the United States. Its portfolio includes a 51% ownership in the Mallina Lithium Project, situated in the northern Pilbara region of Western Australia. Furthermore, the company maintains a 60% interest, along with an exclusive option to secure full 100% ownership, in the Fish Lake Valley Lithium Project, found in Esmeralda County, west-central Nevada, USA. Beyond its core mineral activities, Morella extends its expertise to offer drilling services, predominantly serving other companies within the mining and exploration sectors. Established in 2000, the entity initially operated under the name Altura Mining Limited before officially rebranding as Morella Corporation Limited in December 2021. The company's headquarters are located in West Perth, Australia.
Morella Corporation Limited is most often compared with the following Basic Materials names: