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Metaliko's Bronzewing gold project in the Yandal gold belt of WA.

Echo, Metaliko confirm $39m merger

Investors have reacted well to news that gold-focused companies Echo Resources and Metaliko Resources will merge in a deal worth $38.9 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
8thAzure Minerals1650%-24%
109thEcho Resources117%30%
124thMagnetic Resources100%8%
286thBMG Resources30%-26%
632ndKibaran Resources-25%14%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

01/12/17
$0 Issued
07/06/17
$20k Bought
06/06/17
$7k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

139th↑Echo Resources$557k
174th↓Kibaran Resources$285k
175th↓Azure Minerals$272k
177th↓BMG Resources$264k
178th↑Magnetic Resources$258k
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Echo Resources

928thSimon Coxhell$95k
1245thAnthony McIntosh$42k
1468thBarry Bolitho$10k
Ranked by total remuneration from all listed WA companies

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