Previous close | 6.37 |
Open | 6.45 |
Bid | 6.59 x 293200 |
Ask | 6.60 x 524300 |
Day's range | 6.41 - 6.60 |
52-week range | 6.24 - 11.67 |
Volume | |
Avg. volume | 1,856,708 |
Market cap | 2.82B |
Beta (5Y monthly) | 1.13 |
PE ratio (TTM) | 8.24 |
EPS (TTM) | 0.80 |
Earnings date | 21 Aug 2024 - 26 Aug 2024 |
Forward dividend & yield | 0.07 (1.10%) |
Ex-dividend date | 05 Mar 2024 |
1y target est | 7.08 |
Australian Treasurer Jim Chalmers has ordered several China-linked investors to dispose of shares in rare earths miner Northern Minerals on national interest grounds, a spokesperson said on Monday. Northern Minerals is developing the Browns Range heavy rare earths project in Western Australia, at a time when the sector has become increasingly strategic for its uses in green energy and defence. A disposal order issued by Chalmers on Sunday said Yuxiao Fund had 60 days to dispose of 80 million shares it bought in September.
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Australian Treasurer Jim Chalmers has ordered several China-linked investors to dispose of shares in rare earths miner Northern Minerals on national interest grounds under a foreign investment law, a spokesperson said on Monday. Northern Minerals is developing the Browns Range heavy rare earths project in Western Australia, at a time when the sector has become increasingly strategic for its uses in green energy and defence. The mine has been cited as a potential source of feed for Iluka Resources' Eneabba rare earths refinery under construction in Western Australia, which already has a A$1 billion ($665.10 million) funding from the Australian government and is waiting on a decision for more.