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Balkans Gold heads to Africa for $1.5m

Subiaco-based Balkans Gold Ltd will undergo a name change as it expands its geographical reach to Africa following an agreement to acquire West African Resources Ltd for $1.5 million.

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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
54thNex Metals Exploration90%19%
544thWest African Resources-29%14%
555thRTG Mining-31%0%
626thWolf Petroleum-42%-32%
686thNorwest Energy-50%-34%
744 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

10/07/18
$22k Bought
20/02/18
$290k Other
20/02/18
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

179th↓Nex Metals Exploration$349k
180th↓RTG Mining$341k
181st↑West African Resources$325k
182nd↑Wolf Petroleum$318k
183rd↑Norwest Energy$310k
512 listed resources companies ranked by revenue.
Source: Morningstar

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