Burgundy Diamond Mines Limited (BDM.AX)
Burgundy Diamond Mines Limited operates in the Other Precious Metals industry of the Basic Materials sector, headquartered in Perth, WA, AU. The stock last traded at $0.02, up 0.00% on the session, giving a market capitalisation of $24.2M. Its beta of 0.16 implies it has historically moved less than the broad market.
Burgundy Diamond Mines Limited primarily operates as a diamond exploration and development enterprise. Beyond its core activities in finding and advancing diamond projects, the company also engages in diamond cutting and polishing, and markets its finished diamonds under the brand name Maison Mazerea. Among its significant assets, the company boasts full ownership (100% interest) of the Nanuk Diamond Project. This expansive project comprises 625 mineral claims, spanning approximately 274 square kilometers, and is strategically located east of Ungava Bay in Northern Quebec. Additionally, the company maintains an 18% stake in the La Victoria Gold-Silver project, an approximately 80-square-kilometer site situated in Peru. Furthermore, Burgundy Diamond Mines possesses options to acquire interests in the Naujaat Diamond project in Canada and the Ellendale Diamond project, found in Western Australia's West Kimberley region. The company is also a participant in an exploration alliance agreement within Botswana. Established in 2012, Burgundy Diamond Mines Limited is headquartered in Perth, Australia. The company adopted its current name in November 2020, having previously been known as EHR Resources Limited.
Burgundy Diamond Mines Limited is most often compared with the following Basic Materials names: