|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||0.045 - 0.046|
|52 Week Range||0.017 - 0.047|
|Beta (3Y Monthly)||3.48|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 27, 2018 - Aug 31, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.03|
Moody's Investors Service placed the Caa2 corporate family rating (CFR) and senior secured rating of Atlas Iron Limited under review for upgrade from previously under review - direction uncertain. The review for upgrade follows the company's announcement that Redstone Corporation Pty Ltd (unrated), a wholly owned subsidiary of Hancock Prospecting Pty Ltd (unrated) has acquired more than 90% of the total shares on issue of Atlas, enabling Redstone to commence compulsory acquisition on all of the remaining Atlas shares. Redstone has advised that it intends to initiate the compulsory acquisition following its off-market takeover bid, which closed on 12 October 2018.
Atlas Iron Limited, an independent iron ore company, explores for, develops, mines, and sells iron ore in the Pilbara region in Western Australia. Atlas Iron is one of Australia’s small-capRead More...
Moody's Investors Service has downgraded the corporate family rating (CFR) and senior secured rating of Atlas Iron Limited to Caa2 from B3. The downgrade reflects the increased uncertainty around the potential that Atlas will be acquired by Mineral Resources Limited (MinRes, unrated) or another party. The ratings remain on review -- direction uncertain.
Moody's Investors Service placed the B3 corporate family rating (CFR) and senior secured rating of Atlas Iron Limited under review with direction uncertain. The review also reflects the potentially credit-positive implications of an announced acquisition of the company by Mineral Resources Limited (MinRes, unrated) via a scheme of arrangement. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS.
TPC Consolidated and Atlas Iron are two of the companies on my list that I consider are undervalued. There’s a few ways you can value a company. The most popularRead More...