Carnavale Resources Limited (CAV.AX)
Carnavale Resources Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Mount Hawthorn, WA, AU. The stock last traded at $0.10, up 13.95% on the session, giving a market capitalisation of $40.0M. Its beta of 0.89 implies it has historically moved less than the broad market.
Carnavale Resources Limited is an Australian enterprise primarily engaged in mineral exploration, targeting a diverse range of commodities such as tin, lithium, cobalt, silver, nickel, gold, copper, and other precious metal deposits. The company wholly owns the Grey Dam nickel sulphide project, located in Kalgoorlie, Western Australia. It also holds an 80% stake in the Kookynie gold project, situated in Western Australia's Yilgarn Craton, which encompasses two exploration and three prospecting licenses. Furthermore, Carnavale possesses an option to acquire an 80% interest in the Ora Banda South gold project, an approximately 25-square-kilometer area also within the Yilgarn Craton. In addition to its core exploration activities, the company is involved in investment ventures. Carnavale Resources Limited was founded in 2006 and operates from its base in Mount Hawthorn, Australia.
Carnavale Resources Limited is most often compared with the following Basic Materials names: