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Paringa is exploring for coal in the US.

Paringa raises $53m to build coal mine

After locking in a $US20 million ($A26 million) debt facility agreement last week, aspiring coal miner Paringa Resources has tapped investors for $53 million to fund development of its Poplar Grove mine in Kentucky.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/03/19

1 year TSR5 year TSR
38thGalena Mining106%
539thEntek Energy-39%-41%
576thSouthern Hemisphere Mining-45%-44%
671stParinga Resources-57%-15%
729 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

02/01/19
$55k Sold
02/01/19
$0 Bought
02/01/19
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

257th↑Paringa Resources$76k
266th↓Southern Hemisphere Mining$65k
267th↑Entek Energy$64k
269th↑Galena Mining$62k
270th↓Noble Metals$59k
485 listed resources companies ranked by revenue.
Source: Morningstar

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