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Last A$0.07 AUD
Change Today 0.00 / 0.00%
Volume 0.0
As of 9:10 PM 03/25/15 All times are local (Market data is delayed by at least 15 minutes).

peak resources ltd (PEK) Snapshot

Previous Close
Day High
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52 Week High
09/1/14 - A$0.11
52 Week Low
06/30/14 - A$0.06
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Average Volume 10 Days
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Dividend Yield
Current Stock Chart for PEAK RESOURCES LTD (PEK)

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peak resources ltd (PEK) Details

Peak Resources Limited engages in the exploration and evaluation of mineral licenses in Tanzania. The company primarily explores for rare earth and gold deposits. It owns a 100% interest in the Ngualla Rare Earth project located in southern Tanzania. Peak Resources Limited also holds various gold projects in the Lake Victoria Goldfields area of Tanzania. The company is headquartered in West Perth, Australia.

peak resources ltd (PEK) Top Compensated Officers

Managing Director and Director
Total Annual Compensation: A$123.6K
Technical Director and Executive Director
Total Annual Compensation: A$300.0K
Compensation as of Fiscal Year 2014.

peak resources ltd (PEK) Key Developments

Peak Resources Limited Revises AUD 5 Million Unsecured Loan

Peak Resources Limited announced the provision of a AUD 5 million unsecured loan to the company to allow it to continue to advance development activities for the Ngualla Rare Earth Project in Tanzania. The loan has been provided to Peak by Appian Natural Resource Fund. The loan has a term of six months with an interest rate of 8% and Peak intends to repay the loan facility out of the initial tranches of the AUD 29.5 million strategic funding that will be received once the funding formally closes.

Peak Resources Limited Announces Consolidated Earnings Results for the Half Year Ended December 31, 2014

Peak Resources Limited announced consolidated earnings results for the half year ended December 31, 2014. For the period, the company reported gross profit from operations of AUD 8,521 against AUD 21,098 a year ago. Loss before income tax expense was AUD 2,086,299 against AUD 1,501,006 a year ago. Net loss for the period was AUD 2,086,299 against AUD 1,501,006 a year ago. Basic and diluted loss per share was 0.62 cents against 0.54 cents a year ago. Cash used in operating activities was AUD 1,768,470 against cash provided from operating activities of AUD 163,685 a year ago. Payment for exploration and evaluation costs was AUD 1,586,787 against AUD 1,402,766 a year ago.

Peak Resources Limited Announces Change of Registered Office and Principal Place of Business

Peak Resources Limited announced that its registered office and principal place of business has changed to Ground Floor, 5 Ord Street, West Perth, Western Australia 6005.


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