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Atlas Iron issues $2.8m in shares to fully acquire tenements

West Perth-based Atlas Iron Ltd will issue 1.5 million shares to South Perth minerals player Independence Group NL and Western Australian Resources Ltd to acquire three tenements near its Pardoo project in the Pilbara.

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Atlas Iron (AGO)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/10/18

1 year TSR5 year TSR
27thAtlas Iron165%-46%
76thSaracen Mineral Holdings68%61%
212thSandfire Resources20%3%
244thRegis Resources13%7%
307thResolute Mining3%11%
744 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

27/10/17
$0 Issued
26/10/17
$0 Issued
01/07/17
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

10th↓Sandfire Resources$615.7m
11th↓Regis Resources$607.8m
12th↓Atlas Iron$555.7m
13th↑Saracen Mineral Holdings$521.8m
14th↓Resolute Mining$491.5m
512 listed resources companies ranked by revenue.
Source: Morningstar

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