Mayur Resources Ltd (MRL.AX)
Mayur Resources Ltd operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Brisbane, QLD, AU. The stock last traded at $0.30, up 0.00% on the session, giving a market capitalisation of $251.1M. Its beta of -0.18 implies it has historically moved less than the broad market.
Brisbane, Australia-based Mayur Resources Ltd, founded in 2011, functions as an investment holding entity primarily engaged in the exploration and assessment of mineral assets. The company's activities are organized across several key divisions. Its Cement and Lime segment focuses on limestone reserves and the Central Cement and Lime Project. The Iron and Industrial Sands division is responsible for advancing the Orokolo Bay Iron and Industrial Sands project in Papua New Guinea, which encompasses construction sands, magnetite, and other heavy mineral sands. In its Coal and Power segment, the company oversees the Depot Creek coal resource within Papua New Guinea's Gulf Project. Additionally, a Renewables segment commits capital to forestry carbon credit schemes. Mayur Resources Ltd also holds interests in steel manufacturing and electricity generation.
Mayur Resources Ltd is most often compared with the following Basic Materials names: