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Peel Mining is spinning-out its Apollo Hill gold project near Leonora into Saturn Metals.

Peel to spin-out local gold asset

Junior explorer Peel Mining has announced plans to spin-off its Apollo Hill gold project near Leonora into a new company and list it on the ASX by way of an initial public offering.

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Peel Mining (PEX)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/10/18

1 year TSR5 year TSR
213thMusgrave Minerals20%-0%
387thHipo Resources-7%-20%
393rdSalt Lake Potash-8%-9%
494thPeel Mining-23%4%
685thAuStar Gold-50%-33%
744 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

09/10/18
$59k Issued
09/10/18
$0 Other
09/10/18
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

159th↓Hipo Resources$479k
160th↑AuStar Gold$477k
161st↑Peel Mining$474k
162nd↑Salt Lake Potash$457k
163rd↑Musgrave Minerals$433k
512 listed resources companies ranked by revenue.
Source: Morningstar

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