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Azure divests magnetite project for $2m

West Perth-based metals explorer Azure Minerals Ltd will sell its Splinter Magnetite project to Sydney-based Icon Resources Ltd for $2 million, in line with its plans to focus on its Mexican assets, the company has announced.

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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
40thCanyon Resources153%27%
263rdLindian Resources24%-29%
577thCradle Resources-26%-20%
679thAzure Minerals-41%-20%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

20/11/17
$0 Issued
20/11/17
$0 Issued
20/11/17
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

353rd↑Cradle Resources$6k
354th↓Azure Minerals$6k
356th↓Canyon Resources$5k
357th↑Lindian Resources$4k
510 listed resources companies ranked by revenue.
Source: Morningstar

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