Macro Metals Limited (M4M.AX)
Macro Metals Limited operates in the Steel industry of the Basic Materials sector, headquartered in West Perth, WA, AU. The stock last traded at $0.01, down 9.09% on the session, giving a market capitalisation of $22.9M. Its beta of 2.38 implies it has historically moved more than the broad market.
Macro Metals Limited, along with its associated entities, is dedicated to the discovery and assessment of mineral deposits, primarily iron ore, across both Australia and Nigeria. The company possesses full ownership of the Agbaja iron ore and steel project in Nigeria's Kogi State, in addition to holding a stake in the Mogul VMS project situated in Western Australia. Furthermore, it oversees a collection of eight iron ore ventures located within Western Australia's Pilbara and Mid West regions. Established in 1980 and headquartered in Peppermint Grove, Australia, the company adopted its current name, Macro Metals Limited, in December 2022, having previously operated as Kogi Iron Limited.
Macro Metals Limited is most often compared with the following Basic Materials names: