|Bid||0.031 x 0|
|Ask||0.033 x 0|
|Day's Range||0.030 - 0.031|
|52 Week Range||0.028 - 0.066|
|PE Ratio (TTM)||3.10|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Melior Resources Inc. (TSXV: “MLR”) (“Melior” or the “Company”) is pleased to announce that it entered into a binding arrangement agreement (the “Arrangement Agreement”) with Australian Stock Exchange (“ASX”) listed Metallica Minerals Limited (ASX:“MLM”) (“Metallica”) on September 12, 2018 which sets out the terms and conditions of a merger (the “Merger”) of the two companies. The Merger will be by way of a court approved plan of arrangement (the “Arrangement”) in which Metallica will acquire all of the issued and outstanding common shares of Melior in exchange for Metallica ordinary shares at an agreed exchange ratio of twenty (20) Metallica shares for every one (1) Melior share (the “Exchange Ratio”). On completion of the Merger, Melior shareholders will hold 64% of Metallica’s issued capital and Melior will become a wholly owned subsidiary of Metallica.
Simon Slesarewich took the reins as CEO of Metallica Minerals Limited’s (ASX:MLM) and grew market cap to AU$14.83M recently. Understanding how CEOs are incentivised to run and grow their companyRead More...
In this article, I will take a quick look at Metallica Minerals Limited’s (ASX:MLM) recent ownership structure – an unconventional investing subject, but an important one. A company’s ownership structureRead More...
Metallica Minerals Limited (ASX:MLM) delivered an ROE of 25.27% over the past 12 months, which is an impressive feat relative to its industry average of 11.44% during the same period.Read More...
Metallica Minerals Limited (ASX:MLM) is currently trading at a trailing P/E of 4.5x, which is lower than the industry average of 14x. While MLM might seem like an attractive stockRead More...
The direct benefit for Metallica Minerals Limited (ASX:MLM), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. However, the trade-offRead More...
I am going to take a deep dive into Metallica Minerals Limited’s (ASX:MLM) most recent ownership structure, not a frequent subject of discussion among individual investors. A company’s ownership structureRead More...