Risk factor
Considerable default risk
Profitability factor
Very low or no dividends
About
AuStar Gold Ltd. engages in the business of mineral exploration. The firm holds interest in various gold projects, which include Morning Star Gold Project, Norton Gold Project, Granite Castle Project and Charters Towers Project. The firm also holds interest in various coal projects, which include Bacchus Marsh Project and Latrobe Valley Project. The firm holds interest in Morning Star Gold NL, which in turn owns the Morning Star project. The Morning Star gold mine is located near the town of Woods Point approximately 120 kilometers northeast of Melbourne. The Norton Mine is located approximately 100 kilometers south of the port city of Gladstone, Queensland. The Charters Towers Gold Project is located around the township of Charters Towers in north Queensland. Granite Castle is located approximately 260 kilometers west of Townsville and approximately 120 kilometers north of Hughenden.
