Atlas Iron
Stock Code
Stock Exchange
Atlas Iron (AGO) is an exploration company primarily focused on the acquisition of iron ore projects. The Company has four projects in Western Australia that are in different phases of exploration, situated at Farrel Well, Pardoo, Mt Minnie and Pearana. These projects are deemed as having potential for gold, nickel and base metal mineralisation. Atlas listed on the Australian Stock Exchange on 17th December, 2004 and it is headquartered in West Perth.
Stock analyst UBS hosted nine ASX listed iron ore companies from Western Australia at their inaugural Iron Ore Seminar in Sydney and Melbourne on 13 March 2007. The companies that presented were: Murchison Metals (MMX), Mt Gibson (MGX), Midwest Corp (MIS), Gindalbie Metals (GBG), Sphere Investments (SPH), Grange Resources (GRR), FerrAus (FRS), Fortescue Metals Group (FMG) and Atlas Iron (AGO). The analyst thinks that all of the iron ore companies have ggressive growth targets and are confident of reaching their goals.
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