|Bid||0.042 x 0|
|Ask||0.043 x 0|
|Day's Range||0.042 - 0.042|
|52 Week Range||0.016 - 0.046|
|PE Ratio (TTM)||42.00|
|Earnings Date||Aug 27, 2018 - Aug 31, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.03|
Atlas Iron Ltd. said its board recommends shareholders accept a takeover bid by billionaire Gina Rinehart’s Hancock Prospecting that values the Australian iron-ore miner at US$286 million.
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...
Billionaire Gina Rinehart’s Hancock Prospecting has made a takeover bid for rival Atlas Iron Ltd. that values Australian iron-ore miner at US$290 million.
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...
Companies, such as Kina Securities, are deemed to be undervalued because their shares are currently trading below their true values. There’s a few ways you can measure the value ofRead More...