Far East Gold Limited (FEG.AX)
Far East Gold Limited operates in the Other Precious Metals industry of the Basic Materials sector, headquartered in Brisbane, QLD, AU. The stock last traded at $0.13, up 4.00% on the session, giving a market capitalisation of $54.2M. Its beta of -0.58 implies it has historically moved less than the broad market.
Far East Gold Limited (FEG.AX) is an Australian enterprise focused on identifying, assessing, acquiring, and advancing mineral resource projects across Indonesia and Australia. The company's exploration efforts are concentrated on discovering valuable gold and copper deposits. In Indonesia, its diverse project pipeline includes the Trenggalek copper-gold site, which spans 12,813 hectares in East Java; the Wonogiri copper-gold venture, covering 3,928 hectares in Central Java; and the extensive Woyla copper-gold project, encompassing 24,260 hectares in Aceh. Shifting to its Australian interests, the firm possesses stakes in the 1,920-hectare Hill212 gold project and the 2,240-hectare Blue Grass Creek gold project, both located within Queensland's Drummond Basin. Moreover, it holds an interest in the Mount Clark West copper-gold project, a 1,912-hectare property found in Queensland's Connors Arc. Founded in 2020, Far East Gold Limited's corporate head office is situated in Brisbane, Australia.
Far East Gold Limited is most often compared with the following Basic Materials names: