Stanmore Resources Limited (SMR.AX)
Stanmore Resources Limited operates in the Coal industry of the Energy sector, headquartered in Brisbane, QLD, AU. The stock last traded at $2.49, down 1.97% on the session, giving a market capitalisation of $2.24B. Its beta of 0.83 implies it has historically moved less than the broad market.
Stanmore Resources Limited, based in Brisbane, Australia, is actively engaged in the full spectrum of metallurgical coal operations across Australia, from exploration and development to production and sales. The company's portfolio includes various projects within Queensland's Bowen and Surat basins, such as Isaac Plains, Isaac Downs, Isaac South, Clifford, The Range, Mackenzie, Belview, Tennyson, and Lilyvale. It also possesses a 50% interest in the Millennium and Mavis Downs mines, situated near Moranbah, Queensland, and exports its products globally. Established in 2008, the firm was previously known as Stanmore Coal Limited before adopting its current name in May 2021. Stanmore Resources Limited operates as a subsidiary of Golden Investments (Australia) Pte. Ltd.
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