Oz Minerals Ltd Ord

(OZMLF)

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Profile

Oz Minerals is a midtier copper/gold producer, with its revenue split approximately 80/20. Prominent Hill produces about 100,000 tonnes of copper a year, with cash costs below the industry average--a very small contributor to total global refined output of about 24 million tonnes in 2017. Finite reserves are a challenge, but life extension comes with development of the nearby Carrapateena mine, starting late 2019. Carrapateena should produce copper and gold at about 60% of Prominent Hill's rate. The acquisition of Brazil-based Avanco Resources is likely to add meaningful volume growth from 2020, with Oz Minerals aiming to add at least 50,000 tonnes of copper and 100,000 ounces of gold production year. The balance sheet is very strong with substantial net cash.

Contact Information

Website: www.ozminerals.com
Email: tom.dixon@ozminerals.com
Main Phone: +61 882296600
Address: 162 Greenhill Road
Address 2: Level 1
State: SA
City / Town: Parkside
Country: AUS
Postal Code: 5063

Issuer Information

Exchange: OTO
NAICS: All Other Metal Ore Mining(212299)
$ 6.14 $ 0. (0.00%)
Last Price 6.14 Change $ 0. Change % 0.00 Tick N/A
Bid N/A Bid Size N/A Ask N/A Ask Size N/A
Open N/A High N/A Low N/A Prev Close 6.14
Last Trade Volume 0 52 Wk Hi 8.02 52 Wk Low 5.90
Market Cap 2 bi Ex-Div Date N/A Div Rate N/A Yield N/A
Shares 322,899,831.00 EPS (TTM) 0.71 PE Ratio 8.50 Exchange OTCPK