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Summit Resources Limited Company Snapshot
Business Description:
Summit Resources Limited operates in the Uranium-radium-vanadium ores sector. Summit Resources Limited is an Australia-based company engaged in the exploration and evaluation of uranium projects in Queensland, Australia. Through its wholly owned subsidiaries named Summit Resources (Aust) Pty Ltd (SRA) and Pacific Mines Pty Ltd, the Company controls or has an interest in approximately 4,154 square kilometers in three project areas centered on the city of Mount Isa in northwest Queensland. The Isa North Project covers approximately 1,460 square kilometers and hosts a number of uranium prospects, including the Valhalla, Skal and Bikini deposits. These deposits and multiple small prospects, which are located 15 kilometers east and 65 kilometers north of Mount Isa, are the principal focus of the Company's operations. The Company is also involved in base and precious metals exploration through its Isa North Mineral Rights Agreement and Isa West Joint Venture with MM Mining.
   
   
 
  Stock Performance Chart for Summit Resources Limited
 
  Stock Data: Recent Stock Performance:
  Current Price (2/10/2012): 1.70
(Figures in Australian Dollars)
1 Week 0.9%   13 Weeks 1.2%  
4 Weeks -2.9%   52 Weeks -55.7%  
 
Summit Resources Limited Key Data:
  Ticker: SMM Country: AUSTRALIA
  Exchanges: FRA OTC Major Industry: Metal Producers & Products Manufacturers
    Sub Industry: Miscellaneous Metal Producers
  2001 Sales
(Year Ending Jan 2002).
Employees: N/A
  Currency: Australian Dollars Market Cap: 370,569,007
  Fiscal Yr Ends: June Shares Outstanding: 217,981,769
  Share Type: Ordinary Closely Held Shares: 200,791,200
 
 
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