AVZ Minerals Limited
AVZ Minerals Limited (ASX: AVZ) is a mineral exploration company based in Mount Hawthorn, Australia with operations in central Africa. Its primary focus lies in developing the 13-km Manono Project, one of the largest lithium rich LCT (lithium, caesium, tantalum) pegmatite deposits, where it holds 60 per cent interest, situated in the south of the Democratic Republic of Congo (DRC). Besides, the Company also entirely owns the Manono Extension Project and holds a 60 per cent stake in the Katanga Regional Project comprising seven exploration licences for the Kibaran Belt in southern DRC.
AVZ, listed on the Australian Securities Exchange (ASX), has a market capitalisation of AUD 79.32 million with ~1.89 billion outstanding shares. With the close of the trading session on February 8th, 2019, the stock was trading at a market price of AUD 0.038, down 9.524% indicating an intra-day loss of AUD 0.004. Around 26.96 million volume of shares were traded in total.
Over the past six months, the stock has been mostly down generating a negative performance of 65.00%. The trend continued into 2019 with a negative YTD return of 43.24%.
For the quarter ended December 31st, 2018, the company posted high net cash outflows from operating activities at AUD 5.63 million, resulting mainly from payments for exploration and evaluation.
Fortescue Metals Group Limited
Fortescue Metals Group Ltd (ASX: FMG), established in 2003 and headquartered in Perth, Australia, is engaged in the exploration, development, production, processing, and sale of iron ore in Australia, China and worldwide. It wholly owns and operates the Chichester Hub (Cloudbreak and Christmas Creek mines); the Solomon Hub (Firetail and Kings Valley mines); and Port Hedland. Besides, in FY2018, the company sought approval for the development of the Eliwana mine and rail project.
The company has a large market capitalisation of AUD 18.9 billion with ~3.08 billion outstanding shares on the ASX. With the close of the trading session on February 8th, 2019, the FMG stock was trading at a market price of AUD 6.040, down 1.629% reflecting an intra-day loss of AUD 0.100. Around 26.94 million volume of shares were traded. The stock has generated a YTD of 47.95%. It has a 52-week high of AUD 6.325 and a 52-week low of AUD 3.515.
As of the Production report for the quarter ended December 31st, 2018, the company recorded cash on hand at USD 962 million. The Gross Debt and Net Debt stood at USD 4 billion and USD 3 billion respectively. Iron-ore prepayments reduced to USD 748 million with total expenditure at USD 254 million including sustaining capital, exploration and development expenses.
Galaxy Resources Limited
The Applecross, Australia-based Galaxy Resources Limited (ASX: GXY) is an international company which operates lithium production facilities as well as explores for minerals. It owns and manages the fully acquired James Bay lithium pegmatite project in Quebec, Canada; the Mt Cattlin mine in Ravensthorpe Western Australia; and working on developing the Sal de Vida lithium and potash brine project in Argentina.
GXY has a market capitalisation of AUD 823.2 million with ~ 407.52 million outstanding shares on the ASX. With the close of trading session on February 8th, 2019, the stock was trading at a market price of AUD 1.975, down 2.228%, indicating an intra-day loss of AUD 0.045. Around 4.04 million volume of shares were traded. The stock has generated a negative return of 26.01% over the last six months and a YTD return of 7.76%.
According to the Quarterly Activities Report for the three months ended December 31st, 2018, the company posted closing cash and liquidity assets at USD 41.1 million and debt standing at zero.
Sky and Space Global Ltd
Sky and Space Global Ltd (ASX: SAS) constructs and operates the first-ever communication networks build on Nano-satellite technology for diverse commercial usage including telecommunications and international transport industries. It is based in Perth, Australia.
SAS is listed on the ASX with approximately 1.85 billion volume of shares. The company announced a voluntary suspension of its shares from trading on the ASX on the February 4th, 2019. The trading halt will continue until February 12th, when the company is due to announce details with respect to some capital raising on the go.
The SAS stock last traded on February 1st, 2019 at a closing market price of AUD 0.054. It has a 52-week high of AUD 0.170. Over the past six months, the stock performance exhibited a downtrend with an average negative return of 23.94%. However, the stock has generated a YTD return of 1.89%.
For the quarter ended December 31st, 2018, the company posted cash and cash equivalents at AUD 1.42 million despite massive cash outflows from operating and investing activities at AUD 1.54 million and AUD 2.29 million respectively.
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