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Arafura raises $18.5m for Nolans rare earth development

Perth-based mineral explorer Arafura Resources NL has raised around $18.5 million through a placement to fund the operation of a rare earths treatment plant and further drilling at its Nolans project.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 28/06/19

1 year TSR5 year TSR
147thArafura Resources33%15%
474thMusgrave Minerals-26%-1%
507thPeel Mining-32%24%
712thHipo Resources-62%-11%
834thRiedel Resources-86%6%
731 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

01/05/19
$0 Other
01/05/19
$8k Bought
01/05/19
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

133rd↓Arafura Resources$660k
150th↓Hipo Resources$479k
151st↑Peel Mining$474k
153rd↑Musgrave Minerals$433k
154th↓Riedel Resources$430k
488 listed resources companies ranked by revenue.
Source: Morningstar

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