Eastern Resources Limited (EFE.AX)
Eastern Resources Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in North Sydney, NSW, AU. The stock last traded at $0.03, up 3.33% on the session, giving a market capitalisation of $4.0M. Its beta of -0.29 implies it has historically moved less than the broad market.
Eastern Resources Limited is an Australian company primarily focused on the geological exploration for a diverse range of mineral resources throughout the country. Their activities encompass searching for deposits of iron ore, various precious and base metals, and copper-gold volcanogenic sulphides. The company's key assets include the Nowa Nowa iron project and the Nowa Nowa Copper project, both situated in Victoria. Furthermore, Eastern Resources holds an exclusive option to fully acquire the Trigg Hill and Taylor Lookout Lithium-Tantalum Projects in Western Australia. Formed in 2007, the entity, which was previously known as Eastern Iron Limited, maintains its principal office in St Leonards, Australia.
Eastern Resources Limited is most often compared with the following Basic Materials names: