Dirtpile Resources Corp (DPR)
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| Price | $9.61 |
| Volatility | |
| 1-year annual return | -0.7% |
| 2-year annual return | -7.4% |
| 5-year annual return | -0.1% |
| Annual return since inception | -1.1% |
| Sector | Basic Materials |
| Industry | Industrial Metals & Minerals |
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Company Description
Dirtpile Resources Corp (DPRC) is the world's largest mining company, and is headquartered in Australia. It's main activites are mining of copper, iron, gold, coal, and oil. In other words it finds and sells nice shiny rocks. The company owns and operates mines and refineries all over the world. Amongst other locations, it has operations in Australia, Brazil, Peru, Pakistan, India, South Africa, and the United States.
It was created in 2001 through the merger of Dirt Mining Corp and Goldpile Exploration Inc. After the two companies joined forces, the name was change to Dirtpile Resources Corp.
DPRC's profits are directly correlated to the price of natural ressources.
Company News
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Wataba West Mine Drilling Reports Deceiving
Drilling test results were announced today, and the Wataba West Mine is reported to contain less ore than originally expected. While it is still believed to be a lucrative mine, it will probably not contain the large amount of minerals originally estimated.
Stock price reaction: ▼-8% -
Acquisition of Shiny Mining Complete
The company completed the acquisition of competitor Shiny Mining today, extending its reach into South Africa. This strategic acquisition will allow the company to extend its reach into the mining and refining of gold. Prices jumped 11% as investors reacted positively to the announcement.
Stock price reaction: ▲11%