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Vincent Algar says the funds will be used for the development of the company’s Mekatharra mine.

Australian Vanadium raises $3.5m, Volt $1.6m

Australian Vanadium has raised $3.5 million in capital to advance its vanadium project near Meekatharra, while Volt Resources has raised $1.6 million to fund the development of its Bunyu graphite project in Tanzania.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
Source: Morningstar

Total Shareholder Return as at 30/08/19

1 year TSR5 year TSR
346thCaeneus Minerals0%-40%
523rdFlinders Mines-26%19%
670thBarra Resources-49%6%
833rdAustralian Vanadium-80%-12%
736 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

27/06/19
$41k Bought
13/06/19
$58k Sold
04/01/19
$14k Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

219th↑Australian Vanadium$160k
275th↑Flinders Mines$49k
276th↑Caeneus Minerals$49k
279th↓Barra Resources$46k
487 listed resources companies ranked by revenue.
Source: Morningstar

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