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Poseidon managing director and chief executive officer David Singleton.

Poseidon to buy Black Swan mine

Shares in Perth-based Poseidon Nickel have risen 23.7 per cent after the company agreed to acquire Norilsk Nickel’s Black Swan project near Kalgoorlie for an undisclosed amount.

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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
328thPoseidon Nickel-5%-15%
548thKalNorth Gold Mines-37%-29%
700thCarbine Resources-59%-1%
710thOrinoco Gold-59%-42%
765thPredictive Discovery-68%-38%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

31/10/18
$0 Sold
20/09/18
$16k Bought
20/09/18
$266k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

126th↓Poseidon Nickel$821k
127th↑Predictive Discovery$812k
128th↓Carbine Resources$796k
130th↑Orinoco Gold$773k
131st↓KalNorth Gold Mines$755k
509 listed resources companies ranked by revenue.
Source: Morningstar

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