Mining Nerds



Advanced Magnesium Limited

Ticker: ANM : ASX Description: Advanced Magnesium Limited, through its subsidiaries, supplies light metals technologies and solutions. It primarily offers AM-lite, a high surface finish die casting magnesium alloy suitable for applications that utilize zinc, aluminium, or magnesium die castings, or plastic injection mouldings. The company also offers AM-HP2 a high temperature creep resistant die-casting alloy for engine blocks and transmissions; AM-SC1 for mass production of intricate engine blocks by sand casting or permanent mould casting; and AM-cast a grain refining master alloy. It operates in the Asia Pacific, North America, and Europe. The company was founded in 1983 and was formerly known as Australian Magnesium Corporation Limited. It changed its name to Advanced Magnesium Limited in 2005. The company is based in Milton, Australia.
Shares (mm): 85.5
Market Cap (mm): $1.8
Cash Flow (mm): -$7.5
Cash (mm): $12.1
Last Price: $0.02
$ Change:-0.0105952
% Change: -33.3
Volume: 579
Website: www.austmg.com.au
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