View PUR.AU financial statements in full. We are hoping this re-rates the company to a market cap of >$1bn (similar to what peer company Argosy achieved). The Warrior PGE-Ni-Cu Project is located approximately 20-50 kilometers (km) north of Chalice's high-grade Gonneville PGE-Ni-Cu discovery on the Julimar Project. does not constitute personal advice and S3 has not taken into Given the current low market cap, we intend to hold stock into drilling and ideally lighten our position (at multiples of current share price) in the lead up to drilling. 337927). have bought more shares than they have sold in the past 3 months. It explores projects including the Koitelainen project and Karhujupukka project Data supplied by Morningstar and accurate on Sep 19, Thats where it will really start to get interesting for PUR investors. a measure of one basis point change in the futures price. No hard feelings, it has been a fun and interesting ride.The goal was to build a better investing forum that educates and helps investors by promoting great content from great minds. Objective #3: Complete either a definitive feasibility or bankable feasibility study (DFS/BFS). Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. We are continuously working to improve our web experience, and encourage users to. The Pursuite Minerals share price is surging today after the company reported its preliminary AEM survey had detected five strong electromagnetic (EM) conductors. Pursuit Minerals Limited is an Australia-based mineral exploration and project development company. The result of this discovery has led to a field of ASX explorers taking up some ground, hoping to make their own. It focuses on advancing vanadium projects in the world-class mining WebPursuit Minerals Ltd. annual balance sheet for PUR.AU company financials. Plus500. The soaring share price comes following the companys announcement of promising airborne electromagnet (AEM) data from its Calingiri East exploration licence on the Warrior PGE-Ni-Cu project in Western Australia. PUR will acquire 100% of its Tier 1 Warrior PGE-Nickel-Copper Project, which is only between 20 kilometres and 170 kilometres to the north of Chalice Gold Mines Ltds Gonneville Julimar discovery. It focuses on advancing vanadium projects in the world-class mining jurisdictions of Finland and Sweden. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show and premium investing services. Stock summary - Australian Stock Market - Small Caps It explores projects including the Koitelainen project and Copyright FactSet Research Systems Inc. All rights reserved. The aeromagnetic data suggests that the ultramafic rocks prospective for PGE-Ni-Cu mineralisation are more widespread than indicated by surface outcrops. SMARTER, HAPPIER, AND RICHER. The Bindi Bindi tenement application, E70/5392, covers part of the Bindi Bindi Intrusive Complex which manifests as scattered outcrops of weakly magnetic ultramafic rocks which have been intruded by negatively magnetised younger dolerite dykes. PURSUIT MINERALS LIMITED : Shareholders Board Devex and Mandrake are at pre-drilling stage and on balance, one would expect Pursuits valuation could be at least in line with that of Mandrakes $30M or perhaps Devexs $74M longer-term. Lithium brine projects are highly dependent on different variables like weather, flow rates to surface and the variability of grades in the brines. CPH, ONE, TMZ, 88E and more PUR says Early Soil Samples Compare Favourably to $2.6BN Chalice, PURs EM conductors significant - Drilling in 6 to 8 weeks, Our Portfolio Performance from January 1st to March 31st 2021, Nearology News Next to $1.4 Billion Behemoth Big Brother, 1,600% Gain Sparks Julimar Explorer Race - We Just Found the Cheapest. Sign Up for Take Stock PURs Warrior project is also located just 50km north-east of Chalice minings discovery in the new minerals province known as the Julimar Complex. Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months. May 1, 2023 | WebUpon exercise of the option, Pursuit will issue up to 20 million additional shares, capped at 9.9% of the issued and outstanding shares of PUR. AProfilefor a commodities contract contains theContract Specifications. the Underlying Index. WebAccess detailed premium company data for PUR - Pursuit Minerals Limited including Top 20 shareholders, Director Transactions and more. This years discovery of the nickel-copper-palladium mineralisation on the Julimar Project by Chalice is the first significant find in the region which previously had only early stage indications of mineralisation at Yarawindah and Bindi-Bindi. Initial Investment: @ 1.3c Top Slice Free Carry Initial Investment: @ 6.9c Free Carry Take Profit Price increases 300% from initial entry Price increases 500% from initial entry Price increases 1000% from initial entry 12 Month Capital Gain Discount Hold remaining Position for next 2+ years, Lithium project acquisition to be completed in just weeks, Lithium brine in South America's lithium triangle - update, Lithium acquisition approved by shareholders, $8M raised - TWO major conditions to acquisition met, Critical minerals quickly becoming a priority in the EU, Noosa Mining Investor Conference round-up, China considering US$1.1 trillion infrastructure stimulus, Pursuit Establishes an At Call Funding Facility, China considering US$220Bn in infrastructure stimulus, VW CEO breaks down batteries and supply chain issues, AC drilling program underway at WA gold project. Pursuit Minerals Ltd - Fresh Equities With the acquisition will come four highly prospective land positions (a mix of exploration licences and exploration licence applications), totalling 593 square kilometres. Investing 101: Taking Stock of your Stocks and Diversification, The fallout from the VUL short attack explained, PUR hit a significant mineralising system - now to find the core (and what it actually is), Investing 101: Key lessons for small cap investors. Stocks: 15 20 minute delay (Cboe BZX is real-time), ET. WebTop 20 Shareholders About the Data Show All Shareholder Distribution As reported in the most recent Annual Report. Here are the companies currently in the region including Chalice. Directors and Management PUR drilling again. consideration your personal objectives, financial situation or needs. -, Pursuit Minerals Issues 3.2 Million Shares to Directors, Pursuit Minerals Limited Completes the Acquisition of Lithium Brine Project in Argentina. Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). Pursuit Minerals Limited is an Australia-based mineral exploration and project development company. Secure and increase the performance of your investments with our team of experts at your side. Bullseye is being shut down. Authorised by Bruce Jackson. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Earlier during intraday trade, the Pursuit Minerals share price rallied by as much as 70% to 6.4 cents before retreating. PURs project is located inside the South American lithium triangle, a region home to ~ 50% of the world's lithium production and lithium majors like SQM and Albemarle. Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. Ann: Top 20 Shareholders - HotCopper Early stage CHN investors were well rewarded by this discovery, with the stock returning 1,600% since January. Fundamental data provided by Zacks and Morningstar. PUR has a lot of work to do, but given its location, the size of its holding and its similarities to Chalice, we expect it could re-rate quite quickly on success. Caspin Resources (ASX:CPN), is a spin off from Cassini Resources (ASX: CZI) and has two West Australian gold and nickel projects. However, half of the drill holes intercepted mafic rocks, anomalous in Au, Cu, As and W, which is a positive indication as mafic rocks are associated with PGE-Ni-Cu mineralisation at Gonneville. However, the geological structure appears to be quite complicated with significant folding and faulting of some of the narrower ultramafic units. Pursuit Minerals Ltd (PUR) Stock Price & Analysis - tipranks.com Patient shareholders in the junior miner have enjoyed a highly profitable 12 months and a great start to 2021. We take a look at the ASX miners latest AEM results. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. WebPursuit Minerals Limited (ASX:PUR) is a mineral exploration and project development company focused on PGE-Ni-Cu, Gold and nickel projects in the Australia, a world-class Fundamental company data and analyst estimates provided by FactSet. Surrounding companies have seen solid re-rates since entering the area. We have taken a large position in this one, as we see near term upside in the coming months - and beyond: PUR has just announced it is set to acquire a 593km2 tenement package in the terrane, a mere 50km north east of CHNs monstrous discovery. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Pursuit Minerals Ltd (ASX:PUR) has entered into an agreement to acquire 100% of the issued capital in Trilogy Minerals Pty Ltd, an Argentina-focused lithium company, which holds the rights to more than 9,233 hectares at the Rio Grande Sur Project in the Lithium Triangle of South America. PUR - Now a $31M advanced stage lithium stock, Why we invest in Oil & Gas and Precious Metals. this thread Last trade - 15.51pm 01/05/2023 (20 minute delay). Join thousands of other Investors following our stock commentary for Free, Interested in more investment opportunities? Pursuit Minerals We have also been following the private Argentinian lithium asset being acquired by PUR since October this year, and also have an interest in this company after participating in a pre-listing capital raise, which will convert to PUR shares post transaction. The area remains underexplored for base and precious metals due to lack of outcrop, predominance of farmland and the prior focus of exploration companies on bauxite and iron. The views of the author may not reflect the views of the AFSL holder. Please seek your own independent professional advice before making any financial investment decision. It also includes links to theIndustry, Sector, and Indexin which the stock belongs: the SIC or the Standard Industrial Classification code, industry groups, and major-market indices including the three Dow Jones indices and their composite, the Nasdaq 100, and the S&P 500, 100 and 400. Bernd Struben earned his economics degree in the US. CHN is up over 1,600% since January, and is currently capped at $1.2BN - one of the top performing companies on the ASX this year. Ragusa Minerals Ltd does not constitute personal advice and S3 has not taken into Please read our Financial Services Guide before deciding whether to obtain financial services from us. 40 more messages in Rank Top 20 Investors Number of Shares % Issued Capital; 1: 1. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. in the past year, with total shares outstanding growing by 173.5%. Currently, RAS is focusing on its flagship project Lonely Mine Project. Prior drilling focused on copper and gold and did not assay for PGEs. WebGet the latest Pursuit Minerals Ltd (PUR) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment & Taxation. advice. While nothing is a guarantee, there is scope here for a similar performance from PUR, especially as it is looking to fast track exploration leading into a drill program in March. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. advice. International stock quotes are delayed as per exchange requirements. The region also hosts majors like Allkem (capped at $8.3BN), Albemarle (capped at $45BN), SQM (capped at $39BN) and Rio Tinto ($172BN) hold lithium projects. Over the past year, the Pursuit Minerals share price is up 400%. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. WebRagusa Minerals Ltd (RAS, formerly SIV Asset Management Limited) operate in the mineral exploration sector focusing on exploration for gold and associated minerals. MINERAL RESOURCES LIMITED: 126,313,746: 8.11% Pursuit Minerals chases high-grade gold project in Arizona Pursuit Minerals ( ASX: PUR) signed an exclusive option to acquire the Buck Mountain Gold Project, a gold-silver-platinum group metals (PGMs) project in Arizona, USA. For stocks, all fundamental information is provided by Zachs Investment Research. Pursuit Minerals (ASX: PUR) latest news, share price, company information, stock chart and announcements on Australia's #1 site for investors, Small Caps. The Company's projects include Warrior PGE-Ni-Cu Project, Commando Gold Project, Gladiator Gold Project, and Combatant PGE-Ni-Cu-Au Project. 296877). WebPursuit Minerals Limited (former Burrabulla Corporation Limited, ASX: BUA) is a mineral exploration and project development company advancing copper, zinc and vanadium projects in world-class metals provinces.
With zinc projects in the heart of the Mt Isa Super Basin, Pursuit Minerals is uniquely placed to deliver value as it seeks to discover A stock's Profile page contains general information about the stock, such as Ticker Symbol, Exchange traded on, Company Contact Address/Phone, CEO/President, and Company Description. These stronger EM conductors, Pursuit Minerals states, are associated with magnetic anomalies interpreted to be due to mafic or ultramafic intrusive rocks. shareholders Caution: This is early stage exploration, with no guarantee of success. Over the past We note that hedge funds don't have a meaningful investment in Auteco Minerals. Any advice contained in this article does not constitute personal advice and S3 has not taken into consideration your personal objectives, financial situation or needs. Axiom Mining Ltd PUR Stock Overview Pursuit Minerals Limited engages in the exploration and development of mineral properties in Australia. In this article, we will explain why we have invested in PUR now and the upside we see. Substantial Shareholders No Substantial Shareholders for Caspin commenced trading last Wednesday and closed at more than double the IPO price: the company is now trading at a premium of more than 200% to the IPO price. 86% of retail CFD accounts lose money, EQS-News: Pursuit Minerals Ltd sees path to production with new lithium project, Registration on or use of this site constitutes acceptance of our. Located inside Argentinas lithium triangle. We especially like PURs current valuation right now compared to other Julimar explorers who are closer to drilling, and are capped at multiples of PUR. The 1-3- and 5-Year Returns are adjusted for splits. The score provides a forward-looking, one-year measure of credit By exercising the option, Pursuit will vest a 100% interest in each project, with EMX retaining a 3% NSR royalty, 1% of which may be purchased by Pursuit under certain conditions. The Company discovers, develops and operates gold projects within Australias premier gold districts in Victoria and Queensland. Heres the dividend yield youre earning now, How Id invest $1,000 in May to make easy passive income, Woodside share price in the green as Shell offloads stake in $30 billion JV gas project, the companys announcement of promising airborne electromagnet (AEM) data. 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. The Wubin tenement area contains widespread, but isolated, greenstone remnants. Source: Kantar Media. The Combatant PGE-Ni-Cu Project lies approximately 270 km northeast from Geraldton and 210 km west of Meekatharra. Past performance is not necessarily indicative of future returns. The Company is focused on platinum group elements, nickel and copper (PGE-Ni-Cu) and gold. PUR has a tiny market cap, and this is early stage exploration. You can see how close the Warrior Project is to Chalice on the map below: The Warrior PGE-Nickel-Copper Project covers a series of prominent magnetic anomalies whose magnetic response is similar to the mafic and ultramafic Gonneville intrusion, which has the potential to be the most important deposit of palladium in Australia. PUR.AU | Pursuit Minerals Ltd. Financial Statements - WSJ balance sheet and inputs from the stock market. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest. Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217. Stephens is a former director of Odin Metals Limited (formerly Lawson Gold Limited) (resigned February 2018), Mithril Resources Ltd (resigned May 2019) and Gooroo Ventures Limited (resigned January 2020). The Commando Gold Project is 38 km north from Kalgoorlie Project. With todays intraday moves taken into account, Pursuit Minerals shares are up 150% year to date. The Motley Fool Australia does not guarantee the performance of, or returns on any investment. I'm taking the "L" and moving on. 2000 - 2023 HotCopper. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. Individual aeromagnetic anomalies within this north-south linear belt are prospective for PGE-Ni-Cu mineralisation and will be the focus of initial exploration. PURs project sits in a region home to ~50% of global lithium supply, dubbed the lithium triangle of Argentina. Barchart is committed to ensuring digital accessibility for individuals with disabilities. PUR is set to acquire the Warrior PGE-Nickel-Copper Project, nestled in the Western Gniess Terrane, sandwiched between CPN and CHN. We disclose the securities held in relation to a particular company that we provide commentary on. Pursuit Minerals (ASX:PUR) - Next Investors Mr Bob Affleck Managing Director Mr Mark The final data is expected by the middle of April. PURs Warrior project is also Pursuit Minerals Limited is an Australia-based mineral exploration and project development company. Navarre Minerals Limited is an Australia-based gold, silver and copper producer. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. Gonneville style PGE-Ni-Cu mineralisation is associated with mafic intrusions, which exhibit strong aeromagnetic anomalies. risk, allowing investors to make better decisions and streamline their work ow. Entrepreneur life goes like that - you win some and lose some. It explores projects including the Koitelainen project and Karhujupukka project located in Finland, Central Sweden projects and the Airijoki project located in Sweden. PUR is the cheapest entry into the highly prolific Julimar region, Its Warrior Project is no more than 20km from Chalice Gold Mines Julimar Project, which has led to Chalice becoming one of the top performing companies on the ASX, with 1500% Total Shareholder Return (TSR) year-to-date, PUR is well funded with $2.5M in the bank for an aggressive exploration program. These batteries are required to power electric vehicles (EVs) AND to store energy for managing the ongoing global energy crisis. Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 173.5%. Investment news, stock ideas, and more, straight to your inbox. Delayed Australian Stock Exchange advice is general advice only. We have been holding a position in PUR for over 2 years now, and after a failed attempt at drilling in the Julimar province we are happy with this new advanced lithium acquisition (pending DD and shareholder approval expected in January 2023). Please remember that investments can go up and down. PUR.AX - Pursuit Minerals Ltd Stock Profile - Barchart.com Data are provided 'as is' for informational purposes only and are not intended for trading purposes. That compares to a 3% loss on the All Ordinaries Index (ASX: XAO). has engaged Next Investors to provide this service. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. How do Fund Managers Invest in Small Cap Stocks? WebThe Company was incorporated in Canada on 17/12/1985.The Company is the parent company in a group comprising the Company, and its wholly owned subsidiaries, Calliope Metals (Holdings) Ltd (incorporated in Canada) and Calliope Metals Pty Ltd (incorporated in Australia).The Company listed on ASX on 04/06/1997.Name changed to Argosy
