Connected Minerals Limited (CML.AX)
Connected Minerals Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Perth, WA, AU. The stock last traded at $0.47, up 11.90% on the session, giving a market capitalisation of $27.4M. Its beta of 1.44 implies it has historically moved more than the broad market.
Connected Minerals Limited is a company primarily engaged in mineral exploration and resource development, with operations spanning Namibia and Western Australia. The firm actively seeks out a variety of valuable commodities, including uranium, lead, copper, gold, silver, heavy mineral sands, and rare earth elements. Its project portfolio includes several key sites. In Namibia, these are the Etango North-East project, covering 30 square kilometers in the western region, and the Swakopmund project, a 125-square-kilometer area strategically located near Orano's established Trekkopje and Klein Trekkopje deposits. In Western Australia, the company holds the 88-square-kilometer Pallingup project, situated within the Great Southern region. Originally established in 1983, the company was formerly named Connected IO Limited, adopting its current name, Connected Minerals Limited, in August 2024. Its corporate headquarters are based in Perth, Australia.
Connected Minerals Limited is most often compared with the following Basic Materials names: