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Rohan Williams says the updated life of mine review confirms Mt Morgans' strong production and cash flow generating capacity.

Dacian shares rebound after mine update

Shares in Dacian Gold have rallied to recover some ground from a significant fall last month, as the company released an update to its Mt Morgans mine plan, which noted significant potential to increase its annual production rate.

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Dacian Gold (DCN)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 28/06/19

1 year TSR5 year TSR
thNorwest Minerals
91stNew Standard Energy51%-46%
821stDacian Gold-81%9%
845thNew World Cobalt-90%-40%
731 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

07/08/18
$0 Other
07/08/18
$15k Bought
07/08/18
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

390th↑Dacian Gold$0
438th↓New Standard Energy$0
439th↓New World Cobalt$0
441st↓Northern Mining$0
442nd-Norwest Minerals$0
488 listed resources companies ranked by revenue.
Source: Morningstar

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