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Mt Gibson appeal leaves Mid West future unclear

Mt Gibson Iron Ltd has overcome environmental objections to the development of its Extension Hill iron ore mine in the Mid West but the decision by Environment Minister David Templeman has left the future of iron ore mining in the region unclear.

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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
239thMount Gibson Iron28%-6%
241stSilver Lake Resources27%-8%
247thRamelius Resources26%25%
430thBase Resources-3%-5%
639thWestgold Resources-35%0%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

15/10/18
$9k Bought
15/10/18
$600 Bought
15/10/18
$10.6m Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

16th↑Westgold Resources$376.6m
17th↑Ramelius Resources$341.8m
18th↓Mount Gibson Iron$320.6m
19th↑Base Resources$269.0m
20th↓Silver Lake Resources$255.8m
510 listed resources companies ranked by revenue.
Source: Morningstar

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