Aurum Resources Limited (AUE.AX)
Aurum Resources Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in West Perth, WA, AU. The stock last traded at $0.51, down 2.86% on the session, giving a market capitalisation of $210.0M. Its beta of 1.55 implies it has historically moved more than the broad market.
Operating within Australia, Aurum Resources Limited is dedicated to the discovery and progression of mineral resources. Its premier asset is the Penny South project, identified as highly prospective for gold deposits. This key property lies directly alongside and shares the same geological formation as Ramelius's active Penny West & Penny North gold mine. Additionally, the company holds the Ryans Find project, another promising area situated near established gold occurrences. Aurum Resources Limited commenced operations in 2021 and is based in West Perth, Australia.
Aurum Resources Limited is most often compared with the following Basic Materials names: