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Trades about 137% below its sector, cheaper than its peers on earnings.
Eastern Resources Limited is an Australian company primarily focused on the geological exploration for a diverse range of mineral resources throughout the country. Their activities encompass searching for deposits of iron ore, various precious and base metals, and copper-gold volcanogenic sulphides. The company's key assets include the Nowa Nowa iron project and the Nowa Nowa Copper project, both situated in Victoria. Furthermore, Eastern Resources holds an exclusive option to fully acquire the Trigg Hill and Taylor Lookout Lithium-Tantalum Projects in Western Australia. Formed in 2007, the entity, which was previously known as Eastern Iron Limited, maintains its principal office in St Leonards, Australia.
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