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Avanco raises $18m in placement

West Perth-based junior Avanco Resources has completed an $18.1 million share placement as it looks to fast-track development of its Pedra Branca copper project in Brazil.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
132ndExcelsior Gold109%-27%
379thPantoro12%12%
447thRed 50%-41%
521stAvanco Resources-10%1%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

05/01/17
$15k Bought
22/12/16
$10k Bought
08/12/16
$6k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

34th↓Paladin Energy$88.0m
35th↓Red 5$69.6m
36th↑Avanco Resources$65.2m
37th↑Excelsior Gold$64.1m
38th↑Pantoro$63.9m
498 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Avanco Resources

385thWayne Phillips$341k
525thScott Funston$267k
537thAnthony Polglase$263k
Ranked by total remuneration from all listed WA companies

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