Last €0.18 EUR
Change Today -0.004 / -2.17%
Volume 8.0K
As of 4:20 AM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

magnis resources ltd (U1P) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/24/14 - €0.21
52 Week Low
03/10/14 - €0.05
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for MAGNIS RESOURCES LTD (U1P)

Related News

No related news articles were found.

magnis resources ltd (U1P) Related Businessweek News

No Related Businessweek News Found

magnis resources ltd (U1P) Details

Magnis Resources Limited explores and develops mineral properties in Australia and East Africa. The company explores for uranium, coal, graphite, gold, nickel, iron, and rare earth elements. It has interests in the graphite project in south east of Tanzania; coal projects in the Southern and Central Tanzania, and Western Australia and Northern Territory Pine Creek gesoyncline in Australia; and Coal projects in Tanzania, as well as nickel-iron deposits in the north of Tanzania. The company was formerly known as Uranex Limited and changed its name to Magnis Resources Limited in September 2014. Magnis Resources Limited is based in Sydney, Australia.

5 Employees
Last Reported Date: 08/19/14

magnis resources ltd (U1P) Top Compensated Officers

Head of Operations and Member of Sustainabili...
Total Annual Compensation: A$260.0K
Compensation as of Fiscal Year 2014.

magnis resources ltd (U1P) Key Developments

Magnis Resources Limited Announces Executive Changes

Magnis Resources Limited announced the appointment of Mr. Doug Richardson as Company Secretary effective immediately. Doug has over 20 years experience in the financial services and resource sectors. His experience has included investment research, analytics and client advising for various organizations including GIO Asset Management, the Australian Prudential Regulation Authority and Suncorp. Mr. Christopher Lioutas will move into the role of Legal Counsel.

Magnis Resources Signs MOU to Develop Nachu Graphite Project

Magnis Resources Ltd. has signed a memorandum of understanding (MOU) with China Railway 24th Bureau Group Co Ltd. They will enter formal negotiations to secure a contract for engineering, procurement, construction and contract mining at the Nachu Graphite Plant. Proposed value of the contract is $150 million. Next steps are a site visit and negotiations for the signing of contracts. The aim is for project development commencement in 2015.

Magnis Resources Ltd Signs Binding Offtake Agreement with China National Materials Import and Export Corporation

Magnis Resources Ltd. has signed a binding Offtake Agreement with China National Materials Import and Export Corporation (SINOMA). Under the Offtake Agreement, SINOMA has agreed to purchase 80,000 tonnes of graphite per annum across all size ranges for a period of 5 years with an option to extend. This agreement follows SINOMA's evaluation of graphite samples from Magnis's Nachu project.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
U1P:GR €0.18 EUR -0.004

U1P Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for U1P.
View Industry Companies

Industry Analysis


Industry Average

Valuation U1P Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 5,956.7x
Price/Book 54.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 5,473.4x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MAGNIS RESOURCES LTD, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at