Rey Resources Limited (REY.AX)
Rey Resources Limited operates in the Coal industry of the Energy sector, headquartered in Sydney, NSW, AU. The stock last traded at $0.03, up 0.00% on the session, giving a market capitalisation of $5.7M. Its beta of 0.41 implies it has historically moved less than the broad market.
Rey Resources Limited specializes in the exploration and development of energy resources, primarily operating within Western Australia. Its assets include a full 100% ownership of the Derby Block EP487, alongside a 20% stake in the Canning Basin's Fitzroy Blocks (petroleum permits EP457 and EP458). The company also fully owns the Lennard Shelf Blocks, located within the Canning Basin, which are comprised of a petroleum exploration license (EP104), a retention license (R1), and a production license (L15). Moreover, it possesses a 100% interest in the Duchess Paradise Coal Project, also situated in the Canning Basin. Beyond Western Australia, Rey Resources holds a 20% share in seven conventional gas production licenses associated with the Surat Gas Project in Queensland's Surat Basin. Established in 2004, the firm's operations are managed from its headquarters in Sydney, Australia.
Rey Resources Limited is most often compared with the following Energy names: