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Papua Mining

17:53 on 17/11/2017

Current Price 1.23p | Bid 1.20p | Ask 1.25p | Change -7.55%

Company Overview

Papua Mining is the ultimate holding company of a group of companies which hold mineral Exploration Licences in the West New Britain province on the Papua New Guinea island of New Britain (Exploration Licence ('EL') 1462, which is currently subject to a renewal process and EL 1730) and in Ambunti which is located in the East Sepik province on the mainland of Papua New Guinea (EL 1766). The Group also has eleven Exploration Licence applications, all of which are for areas in the West New Britain province on New Britain Island, and may seek to extend its exploration programme to the areas covered by such applications if and when such applications are granted. The Group's strategy is to explore for and, where the Directors believe that it is commercially feasible, develop deposits of gold and/or copper within the territory of PNG. It is the Group's intention to conduct its activities in a professional and responsible manner, for the benefit of the Company's shareholders, its employees and the national and local communities within which it operates.

Stock Details

Shares in Issue 82,105,534
Market cap £ 1.54m
Sector Mining

Financial Highlights Year Ended 31/12/2013

Turnover $0.00 million
Operating Profit $-2.14 million
Dividend Yield 0.00
Dividend Per Share 0.00
Dividend Cover 0.00
P/E Ratio -0.09
» More Financials

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Price Summary

Mid Price ? 1.23p
Bid Price ? 1.20p
Ask Price ? 1.25p
Volume ? 9559329
Change Today -0.10p
% Change Today -7.55%
Open 1.30p
Previous Close 1.23p
Intraday High 1.30p
Intraday Low 1.10p
52 Week High 5.00p
52 Week Low 1.25p

Intra-Day Chart

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Broker Consensus

The above information represents a selection of the views and target prices published in the last 120 days by analysts in individual stocks. It is subject to change without notice and may not necessarily be the view held by Redmayne-Bentley.

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