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The San Martin pit at RMG's Tuina project in Chile.

RMG to restructure after $2.8m placement

Exploration company RMG has announced a share consolidation plan and a restructure of its Chilean mining operations in the wake of a successful capital placement expected to raise $2.8 million.

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RMG (RMG)

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
57thSuperior Lake Resources73%-21%
288thRMG0%8%
378thStrategic Minerals Corporation-11%-3%
401stShree Minerals-15%-43%
694thSurefire Resources-58%-27%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

31/08/17
$0 Other
31/08/16
$0 Other
14/12/15
$45k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

482nd↓RMG$0
486th↓Shree Minerals$0
487th↓Strategic Minerals Corporation$0
489th↓Superior Lake Resources$0
490th↓Surefire Resources$0
509 listed resources companies ranked by revenue.
Source: Morningstar

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