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Trades about 96% below its sector, cheaper than its peers on earnings.
Strike Resources Limited operates as a mineral exploration entity, actively seeking valuable resources across Australia, Argentina, and Peru. The company's primary focus is on uncovering deposits of iron ore, graphite, gold, and lithium. Central to its operations is the Apurimac magnetite iron ore project, an extensive property encompassing approximately 72,800 hectares situated in the Southern Highlands region of Peru. Strike Resources was established in 1999 and maintains its corporate headquarters in West Perth, Australia.
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Market cap is shares times price. A simple formula that produces wildly unequal numbers: a single US tech name can be worth more than every company on a LATAM exchange combined.
