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Atlas sells second magnetite project

 Atlas Iron has sold its Yerecoin magnetite project to US-owned Cliffs Natural Resources for $18 million plus potential royalty payments.

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Atlas Iron (AGO)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/09/18

1 year TSR5 year TSR
39thAtlas Iron153%-45%
179thSaracen Mineral Holdings42%53%
214thSandfire Resources34%6%
342ndRegis Resources7%2%
344thResolute Mining7%12%
739 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$559.7m
13th↑Saracen Mineral Holdings$521.8m
14th↓Resolute Mining$491.5m
510 listed resources companies ranked by revenue.
Source: Morningstar

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