Advance Metals Ltd. Stock Analysis AVM.AX

Advance Metals Ltd. engages in the business of investing in renewable energy and coal exploration. The company is headquartered in Sydney, New South Wales. The company went IPO on 2007-12-20. The firm has 100% ownership of the Augustus Project and the Yoquivo Silver Project. The Yoquivo Project is a silver-gold exploration project located in the Ocampo district of Chihuahua, Mexico. The Augustus Project is a copper-gold advanced exploration and development project located in Yavapai County, Arizona, United States. The company also has the option to acquire an approximately 80% interest in the Myrtleford and Beaufort Gold Projects, located in the Victorian Goldfields, Australia and to acquire a 100% interest in the Gavilanes Silver Project in Durango, Mexico and a 100% ownership of the Guadalupe y Calvo gold-silver project in Chihuahua, Mexico. Additionally, through its controlled entity Pacific American Coal Canada Limited, the Company possesses coal exploration licenses in the coking coal regions of Kootenay, British Columbia.