Asara Resources Limited (AS1.AX)
Asara Resources Limited operates in the Gold industry of the Basic Materials sector, headquartered in Subiaco, WA, AU. The stock last traded at $0.14, up 3.57% on the session, giving a market capitalisation of $302.5M. Its beta of 0.67 implies it has historically moved less than the broad market.
Asara Resources Limited specializes in the discovery and advancement of mineral properties across diverse geographies, including Australia, Guinea, Burkina Faso, and Chile. The company's primary objective is the search for economically viable deposits of gold, silver, zinc, lead, and copper. Its most significant asset is the Kada Gold project, strategically positioned in eastern Guinea. Known previously as Golden Rim Resources Ltd, the organization officially rebranded to Asara Resources Limited in December 2023. Founded in 1987, Asara Resources Limited maintains its corporate headquarters in Subiaco, Australia.
Asara Resources Limited is most often compared with the following Basic Materials names: