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Bullboard - Stock Discussion Forum
Macarthur Minerals Ltd
V.MMS
Alternate Symbol(s):
MMSDF
Metals & Mining
Industrial Metals & Minerals
Macarthur Minerals Limited is an Australia-based iron ore development, and lithium exploration company that is focused on bringing to production its Western Australia iron ore projects. The Company has three iron ore projects in the Yilgarn region of Western Australia and two exploration project areas in the Pilbara, Western Australia for targeting iron ore. In addition, it has lithium brine...
interests in Railroad Valley, Nevada, United States. Its iron ore projects include Ularring Hematite Project, Moonshine Magnetite Project and Treppo Grande Project. The Lake Giles Iron Ore Projects (Moonshine Magnetite Project and the Ularring Hematite Project) are located on mining tenements covering approximately 62 square kilometers (km2), 175 kilometers northwest of Kalgoorlie in Western Australia. The Treppo Grande Project covers an area of over 68 km2. The Pilbara Projects tenements include E45/5324 and E45/4735. The Reynolds Springs lithium brine project covers an area of around 18 km2.
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TSXV:MMS - Post Discussion
Macarthur Minerals Ltd
> MIO vs MMS
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•••
lithiums
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Post by
lithiums
on Feb 08, 2021 2:15pm
MIO vs MMS
what is the difference
MIO +10.45% today
MMS +3.55% now
(67)
•••
neoneil
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Comment by
neoneil
on Feb 08, 2021 10:20pm
Stock price of a dual-listed company like MacArthur are to be approximately the same in both jurisdictions, after taking currency differences (1.00 CAD dollar = 1.02 AUS dollars) and transaction costs into account. Otherwise, arbitrageurs will step in and exploit the price differences. That said, price divergences do occur from time to time like we are seeing now especially when trading hours
...more
(67)
•••
neoneil
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Comment by
neoneil
on Feb 08, 2021 10:24pm
Currenty trading on ASX Macarthur Minerals Ltd (MIO) MIO:ASX · AUD WATCH 0.67 0.07 (-9.46%) 1:01pm 09/02 (AEDT)
...more
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