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Western Areas earns $22.6m in placement for mine expansion

West Perth-based exploration company Western Areas Ltd will earn around $22.6 million in a placement to finance the expansion of the company's Flying Fox mine, as well as further acquisitions.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
65thSilver Lake Resources46%1%
272ndTribune Resources-3%24%
514thWestern Areas-38%-2%
674thMetals X-59%-7%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

30/11/18
$0 Issued
06/11/18
$131k Sold
03/09/18
$25k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

20th↓Silver Lake Resources$255.8m
21st↓Western Areas$250.3m
23rd↓Metals X$210.4m
24th↑Tribune Resources$180.5m
513 listed resources companies ranked by revenue.
Source: Morningstar

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