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Panoramic's Gum Creek gold project near Wiluna.

Panoramic spin-off launches $15m IPO

Panoramic Resources has finalised plans to spin-out its Gum Creek gold project through the partial divestment and ASX listing of its Horizon Gold subsidiary, with a $15 million initial public offering launched today.

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Comments

Western Australia
This IPO sounds like a wonderful venture into gold exploration led by a very experienced team with proved track records. Best of luck!

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
255thHexagon Resources4%-0%
399thPanoramic Resources-15%10%
508thApollo Minerals-31%-26%
540thAudalia Resources-36%-16%
649thAltura Mining-51%13%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

10/08/18
$0 Other
10/08/18
$0 Bought
01/03/18
$14k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

112th↓Panoramic Resources$1.2m
113th↓Altura Mining$1.2m
114th↑Hexagon Resources$1.1m
116th↑Audalia Resources$1.0m
117th↑Apollo Minerals$1,000k
509 listed resources companies ranked by revenue.
Source: Morningstar

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