Mining Industry
ATH Resources plc ATH Resources operates surface coal mines and is one of the largest producers of coal in the UK, providing coal principally to the electricity supply industry and also the industrial and house coal markets. Throughout the development and operation of its projects, ATH focuses on the restoration and rehabilitation of the sites and land is returned to a number of uses including agriculture, forestry, nature conservation and other forms of development. ATH Resources plc was listed on the Alternative Investment Market (AIM) in June 2004. In June 2005 the Group funded two new surface sites, Grievehill and Glenmuckloch in Scotland for 18 million by way of an Open Offer to shareholders.
In May 2006 the Group acquired Doncaster-based A Ogden & Sons Limited a successful coal recovery, land remediation and regeneration business with a particular focus on colliery spoil heap reclamation projects.
In July 2010, the Group sold the assets of ATH Regeneration Ltd, the proceeds of which could total some £17m over a seven year period comprising £6.5m in cash on completion plus royalties.
Net Working Capital

It can be seen that from the year 2007 to 2009, ATH resource plc had a very bad net working capital. However, during 2010 to 2011 it was doing well and in year 2011 net working capital was 3129. This shows that they have more current assets than current liabilities.
Gross Profit Margin

In 2007, the Gross Profit Margin of ATH Resources is 27.87%, which means that for every £100 sales, gross profit before tax is £27.87.
From above graph we can see that from the year 2008 to 2011, ATH Resources plc had a decrease in its ratio from 27.87% to 15.13%. This is because of the rising cost of Cost of Goods Sold and lower sale in the year 2008 and also following years.
Net Profit Margin

In 2007, the Net Profit Margin of ATH