Strandline Resources Limited (STQNF)
Strandline Resources Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Perth, WA, AU. The stock last traded at $0.17, up 0.00% on the session, giving a market capitalisation of $251.6M. On trailing twelve-month figures it carries a trailing P/E of -0.73, a net margin of -223.8%. Its beta of 1.06 implies it has historically moved more than the broad market.
Strandline Resources Limited, through its subsidiaries, is actively engaged in the exploration and evaluation of mineral sands as well as other base metal resources across both Australia and Tanzania. The company's core mining assets encompass a varied portfolio of heavy mineral sands (HMS) projects, most notably the Coburn HMS project, which is situated in Western Australia. Furthermore, it possesses the Fowlers Bay nickel project, a significant 700-square-kilometer prospect found in South Australia's Western Gawler region. Prior to December 2014, the firm was known as Gunson Resources Limited before formally changing its name to Strandline Resources Limited. Founded in 1999, its head office is based in Perth, Australia.
Strandline Resources Limited is most often compared with the following Basic Materials names: