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Spitfire will use proceeds from the raising at its Aphrodite gold project near Kalgoorlie.

Spitfire in $5m raising

Junior explorer Spitfire Materials has tapped investors for $5.3 million via a strongly supported share placement as the company ramps-up exploration work at its Western Australian gold project.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/18

1 year TSR5 year TSR
209thImage Resources37%3%
595thSpitfire Materials-26%34%
702ndTian Poh Resources-45%0%
754thSyndicated Metals-53%-21%
760thConico-55%20%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

07/09/18
$234k Bought
02/08/18
$40k Bought
06/04/18
$232k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

321st↓Conico$10k
322nd↑Syndicated Metals$10k
323rd↑Spitfire Materials$9k
324th↑Image Resources$9k
325th↓Tian Poh Resources$9k
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Spitfire Materials

816thRussell Hardwick$119k
Ranked by total remuneration from all listed WA companies

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