Minara Resources (MRE): Loser

Submitted by Marco on 7 January, 2007 - 00:55

Minara Resources MRE stock chart

Minara Resources (MRE) is the loser of the week (the worst performing company on the Australian sharemarket ASX200 index) for week 1 of 2007. The mining company closed the week at $5.32, losing 55 cents or 9.32 percent. The ASX All Ordinaries closed lower by 1.7 percent from 5644.3 to 5544.8.

Minara Resources Limited is listed on the Australian Stock Exchange (ASX) under stock code MRE. MRE was listed on the ASX on 17 March, 1994. The company is involved in Nickel and cobalt mining and metal production and the exploration for nickel. James Campbell is the Chairman for Minara and Peter Johnston the CEO. You can view their investor website here. Browse for Australian stockbroker recommendations. Check your charts and good luck with your share trading!