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Last A$0.03 AUD
Change Today 0.00 / 0.00%
Volume 0.0
As of 1:16 AM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

anchor resources ltd (AHR) Snapshot

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52 Week High
01/27/15 - A$0.11
52 Week Low
06/25/15 - A$0.03
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anchor resources ltd (AHR) Details

Anchor Resources Limited explores for mineral deposits in Australia. The company explores primarily for gold, copper, molybdenum, antimony, uranium, silver, and tungsten, as well as other base metals. It holds a 100% interest in the Blicks, Bielsdown, and Birdwood projects in New South Wales, as well as the Aspiring project located within the Chillagoe mining district in Queensland. The company was incorporated in 2006 and is based in Castle Hill, Australia. Anchor Resources Limited is a subsidiary of China Shandong Jinshunda Group Co. Limited.

Founded in 2006

anchor resources ltd (AHR) Top Compensated Officers

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Executives, Board Directors

anchor resources ltd (AHR) Key Developments

Anchor Resources Limited Announces Consolidated Earnings Results for the Year Ended June 30, 2015

Anchor Resources Limited announced consolidated earnings results for the year ended June 30, 2015. For the period, the company reported revenue and other income of AUD 16,227 compared to AUD 17,567 a year ago. Loss before income tax benefit was AUD 1,079,955 compared to AUD 1,075,145 a year ago. Total comprehensive income attributable to members of company was AUD 1,079,955 or 2.06 cents per diluted share compared to AUD 1,075,145 or 2.05 cents per diluted share a year ago. Net cash used in operating activities was AUD 736,396 compared to AUD 863,528 a year ago. Payments for property, plant and equipment was AUD 1,424 compared to AUD 174,992 a year ago. Payments for exploration expenditure were AUD 1,173,927 compared to AUD 2,246,839 a year ago.

Anchor Resources Ltd. Announces Management Changes, Effective July 31, 2015

Anchor Resources Ltd. announced that Ian Price will retire as MD on July 31, 2015 as it is his wish to reduce his full time workload. At the board's request Ian has agreed to remain as a Non-Executive Directors to endure that the company can continue to benefit from his almost 45 years corporate and technical experience in the mining and exploration industry. Chairman, Mr. Jiangung Wang, will assume the role of Executive Chairman on August 1, 2015 until a new MD is appointed.

Anchor Resources Mulls Acquisitions

Anchor Resources Ltd. (ASX:AHR) intends to pursue acquisitions. The generally subdued level of exploration activity has continued throughout Australia and Anchor continues to review opportunities to acquire an interest in new ventures.


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Price/Sales 73.9x
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