Astro Resources NL (ARO.AX)
Astro Resources NL operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Sydney, NSW, AU. The stock last traded at $0.05, down 5.66% on the session, giving a market capitalisation of $17.2M. Its beta of -0.53 implies it has historically moved less than the broad market.
Astro Resources NL is actively involved in the prospecting and subsequent development of mineral resource properties. The company primarily targets deposits of mineral sands, diamonds, and gold. Its operational framework is divided into three distinct segments: Heavy Minerals, Diamond, and Uranium Exploration Industry. Among its key ventures are the Needles gold project and the Kibby Basin project, both situated in Nevada, United States. Additionally, the company oversees the Governor Broome mineral sands project in the southwest region of Western Australia, and the East Kimberley diamond project in northeastern Western Australia. Astro Resources NL was established in 1988 and is headquartered in Sydney, Australia.
Astro Resources NL is most often compared with the following Basic Materials names: