Arrow Minerals Limited (AMD.AX)
Arrow Minerals 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, down 12.82% on the session, giving a market capitalisation of $29.4M. Its beta of 3.30 implies it has historically moved more than the broad market.
Arrow Minerals Limited, established in 2005 and based in Subiaco, Australia, is a mineral exploration company primarily focused on discovering gold and iron deposits across West Africa. The company maintains full ownership of a portfolio of projects in Burkina Faso, including the Vranso project, located in the productive Boromo greenstone belt in the central-west; the Boulsa project, situated along the Markoye Fault corridor; the Nako project, found in Southern Boromo; and the Hounde South project, positioned in Southwest Burkina Faso. Additionally, Arrow Minerals holds an option to secure a 60.5% interest in the Simandou North Iron project in Guinea. The company was previously known as Segue Resources Limited before changing its name to Arrow Minerals Limited in December 2017.
Arrow Minerals Limited is most often compared with the following Basic Materials names: