Southern Cross Gold Ltd (SXG.AX)
Southern Cross Gold Ltd operates in the Gold industry of the Basic Materials sector, headquartered in Melbourne, VIC, AU. The stock last traded at $3.45, up 0.00% on the session, giving a market capitalisation of $764.6M. Its beta of 2.92 implies it has historically moved more than the broad market.
Southern Cross Gold Ltd focuses on the discovery and advancement of valuable precious and base mineral deposits across Australia. The company wholly owns the Sunday Creek project, which encompasses 19,365 hectares through two exploration and one retention license situated north of Melbourne in Victoria. Additionally, it holds full ownership of the Mt Isa project in Queensland, covering 861 square kilometers within the Cloncurry district via seven exploration prospecting licenses. Southern Cross Gold maintains a 70% interest in the Redcastle project, which comprises three exploration licenses, and possesses an option to secure a 70% stake in the Whroo project in Victoria, consisting of six exploration and one retention license. Established in 2021, the company is based in Melbourne, Australia, and operates as a subsidiary of Mawson Gold Limited.
Southern Cross Gold Ltd is most often compared with the following Basic Materials names: