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Base Resources is the ASX Most Active in early afternoon trade

Base Resources is being actively traded and positively re-rated.

Base Resources Ltd (ASX:BSE,AIM:BSE) is the most active stock on the ASX today, with circa 75 million shares changing hands by 12:30pm.

Shares are up 3.4% today to $0.305. Over the past 12-months, the valuation of the company has doubled.

The company has provided details for ore reserves and resources from the wholly-owned producing Kwale Operation in Kenya.

Reserves as at 30 June 2017 are estimated to be 91.3 million tonnes at an average heavy mineral grade of 4.3% and 26% slimes containing 3.90 million tonnes of heavy mineral.

Company Name · Code · Last · Change · Volume

Base Resources Ltd · BSE · $0.305 · 3.39% · 74,611,705

Venturex Resources Ltd · VXR · $0.018 · 20% · 48,795,494

Fremont Petroleum Ltd · FPL · $0.028 · 55.56% · 34,920,022

Magnum Gas & Power Ltd · MPE · $0.002 · 100% · 30,402,575

Classic Minerals Ltd · CLZ · $0.006 · 0% · 25,731,570

Kairos Minerals Ltd · KAI · $0.065 · 3.18% · 23,072,413

Lynas Corporation Ltd · LYC · $0.220 · 7.32% · 20,027,406

Mustang Resources Ltd · MUS · $0.107 · 7% · 18,808,315

Norwest Energy NL · NWE · $0.005 · 0% · 16,274,728

Pilbara Minerals Ltd · PLS · $0.790 · 0.64% · 15,140,086