Lycaon Resources Limited (LYN.AX)
Lycaon Resources Limited operates in the Other Precious Metals industry of the Basic Materials sector, headquartered in Perth, WA, AU. The stock last traded at $0.13, up 0.00% on the session, giving a market capitalisation of $7.5M. Its beta of 0.33 implies it has historically moved less than the broad market.
Lycaon Resources Limited is an Australian mineral exploration company, established in 2021 and based in Perth, that primarily operates within Western Australia. The firm actively explores for deposits of various valuable minerals, including gold, nickel, copper, cobalt, base metals, platinum group elements, and silver. Its project interests encompass the Gnewing Bore project in the Kimberley Region, alongside the Rocky Dam project, which covers roughly 162.8 square kilometers via nine granted and one pending exploration licenses located northeast of Kalgoorlie. Lycaon also holds the Julimar project, consisting of two granted exploration licenses over approximately 15 square kilometers northeast of Perth, identified as prospective for nickel and copper. Additionally, the company maintains full ownership of the Bow River and Salt Lick projects, consolidated under a single granted exploration license in the East Kimberley region of Western Australia.
Lycaon Resources Limited is most often compared with the following Basic Materials names: