Codrus Minerals Ltd.
AASX:CDR0.03
AUD
+0.00
(-6.06%)
Codrus Minerals Ltd.
ASX:CDR
(Australian Securities Exchange)
Recent
price
0.03
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Codrus Minerals Limited (ASX:CDR) explores for critical minerals, including gold, copper, uranium and rare earth elements; it holds interests in the Bull Run gold-copper project in Oregon, USA, the Jasper Wedge and Nanuk uranium projects in Saskatchewan and Quebec, Canada, respectively, the Karloning rare earth elements project in Western Australia's Wheatbelt region, and the Red Gate and Middle Creek gold projects plus retained nickel rights at Silver Swan South in Western Australia. The company, founded in 2014 and headquartered at Level 2, 16 Altona Street, West Perth, Western Australia 6005, operates across Australia, the United States and Canada with a focus on high-impact exploration near existing mines and in premier mineral provinces. Recent developments include the April 2024 acquisition of 100% interests in the Jasper Wedge and Nanuk uranium projects via the purchase of ElementX Global Pty Ltd for 42.9 million shares, the February 2024 divestment of gold rights at Silver Swan South to FMR Investments Pty Ltd for $300,000 cash plus royalties while retaining nickel and base metals rights, multiple capital raisings totalling approximately $2.6 million through share placements in 2023 and 2024, board changes with Greg Bandy appointed Executive Chairman in July 2024 following Shannan Bamforth's resignation and Keith Coughlan joining as Non-Executive Director, and ongoing exploration advances such as air core drilling at Karloning yielding high-grade rare earth intercepts including 29 metres at 5,915ppm TREYO, soil sampling and geophysical surveys at Red Gate and Middle Creek, and permitting progress for drilling at Bull Run.