Dragon Mountain Gold Limited

0.014

The ASX is currently closed for trading or there is no movement for this stock

Dragon Mountain Gold Limited (DMG) is an Australia-based company engaged in mineral exploration, evaluation and development in China. The Company operates in one business segment being that of mineral exploration and one geographical segment being China. The Company owns 83.6% interest of Warrior Advance Pty Ltd. During the first year ended June 30, 2012, DMG is focused on the development of the Lixian Project in China. The Company’s subsidiaries include Xinjiang Pan Pacific Mining Co Ltd and Warrior Advance Pty Ltd. On November 7, 2011, an offer was received from Ding Jin Limited, a wholly owned subsidiary of Zijin Mining Group Co. Ltd, a majority owned Subsidiary of DMG to purchase 100% of Long Province Resources Limited (LPR). LPR was a wholly owned subsidiary of Warrior and the holder of the Lixian Project.

DMG Overview

Peer Comparison

Our Peer Comparison tool shows you the current top 5 and bottom 5 performing companies in the ASX.

Latest DMG news

Murdoch doubles down on radio

SEP 04, 2012

Lachlan Murdoch’s private investment company, Illyria, has purchased the remaining 50% of DMG Radio Australia (DMG) from Britain’s Daily Mail & General Trust for a reported $120 million, increasing his holding in DMG to 100%.

8527095

ALSO MENTIONS

APN, ASX, FXJ, NWS, TEN, DMG

10 of the best performing ASX stocks in the last year

JUL 04, 2012

Given the ASX is dominated by resources and energy stocks, it’s perhaps not surprising that many of the biggest gainers have come from those two sectors. What is surprising, is that of the ten stocks below, seven have yet to earn a profit. Investors are likely gambling on the companies producing a profit in the near future. Company Percentage increase* Market Cap ($m) Latest price Trailing P/E ratio Ainsworth Game Technology Ltd (ASX: AGI) 483.3% 649.3 $2.10 8.7 Buru Energy Limited (ASX: BRU) 379.4% 788.2 $3.26 NA Sphere Minerals Limited (ASX: SPH) 183.0% 635.5 $3.00 NA Drillsearch Energy Limited (ASX: DLS) 153.2% 337.4 $1.05 NA Senex Energy Limited (ASX: SXY) 97.2% 705.5 $0.735 NA Red Fork Energy Limited (ASX: RFE) 96.0% 228.0 $0.745 NA Newsat Limited (ASX: NWT) 86.7% 130.5 $0.58 NA Papillon Resources Limited (ASX: PIR) 77.3% 237.5 $1.01 NA Dragon Mountain Gold (ASX: DMG) 72.7% 148.5 $0.57 1.3 Webjet Limited (ASX: WEB) 69.4% 240.3 $3.49 21.3

8493637

ALSO MENTIONS

ALL, ASX, AGI, BRU, DMG, DLS

Dragon Mountain: A dollar for 87 cents

MAR 27, 2012

Dragon Mountain Gold Limited (ASX: DMG) shares are currently trading at 51.5 cents after rising over 77% since October 2011. The company announced on the 7th November 2011 that it had sold all of its holdings in its Lixian Gold Project in China, with DMG’s proceeds being approximately $150m.

8442205

ALSO MENTIONS

ASX, DMG

+ MORE DMG NEWS

Personal Finance: tips for trading shares

Sharemarket basics: A Numbers Game

Looking for shares to back? You'll need all the help you can get. Investing in shares can be something of a numbers game, especially when the financial press is peppered with mention of ratios such as "dividend yield" and "earnings per share". Sharemarket basics: How to Sell Shares

When you didn't buy your shares in the first place, it's difficult to know where to start when you want to offload them. Allison Tait finds out how best to sell, sell, sell! Learners guide: Investing Overseas

Investors looking to diversify their portfolio could explore the option of investing overseas - after all, the Australian sharemarket represents only a small percentage of the world's markets.

Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon.

"Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies. For additional information on other Reuters media services please visit http://about.reuters.com/media/.

FTSE®", FT-SE®", Footsie®", ["FTSE4Good®" and "techMARK"] are trade marks jointly owned by the London Stock Exchange Plc and The Financial Times Limited and are used by FTSE International Limited ("FTSE") under licence. ["All-World®", All- Share®"; and "All-Small®"; are trade marks of FTSE.] "The FTSE [NAME OF FTSE INDEX] is calculated by FTSE. FTSE does not sponsor, endorse or promote this product and is not in any way connected to it and does not accept any liability in relation to its issue, operation and trading."