Raleigh Finlayson says Bundarra is a low-cost, bolt-on acquisition for Saracen.

Saracen to buy Bundarra project

Saracen Mineral Holdings has entered into an agreement to purchase the Bundarra gold project from Bligh Resources in an all-scrip deal worth $8.5 million.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/02/18

1 year TSR5 year TSR
212thGold Road Resources51%48%
216thSaracen Mineral Holdings49%36%
248thWestern Areas38%-3%
282ndPerseus Mining29%-24%
759thBeadell Resources-60%-32%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$0 Other
$0 Bought
$0 Issued
Total value as at the date of the transaction
Source: Morningstar


14th↑Saracen Mineral Holdings$423.2m
15th↑Gold Road Resources$326.6m
16th-Perseus Mining$289.3m
18th↑Western Areas$250.5m
19th↑Beadell Resources$250.3m
503 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Saracen Mineral Holdings

7thRaleigh Finlayson$3.222m
291stDaniel Howe$428k
315thTroy Irvin$404k
Ranked by total remuneration from all listed WA companies

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