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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 31/01/18

1 year TSR5 year TSR
5thRedbank Copper3150%130%
38thPeel Mining365%13%
230thKorab Resources45%-20%
289thEnterprise Metals29%-34%
696thWolf Petroleum-40%-27%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

07/12/15
$0 Issued
07/12/15
$0 Issued
11/06/14
$3k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

163rd↑Korab Resources$331k
164th↑Redbank Copper$329k
165th↑Peel Mining$319k
166th↑Wolf Petroleum$318k
167th↑Enterprise Metals$316k
499 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Peel Mining

469thRob Tyson$292k
thRyan Woodhouse$111k
994thSimon Hadfield$100k
Ranked by total remuneration from all listed WA companies

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