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Drilling at GBM's Milo iron oxide copper gold and rare earth elements project in Queensland.

GBM merger canned after funding falls through

Gold explorer GBM Resources has been forced to terminate merger plans with Canadian company WCB Resources after a loan agreement with a funding party fell through.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/09/18

1 year TSR5 year TSR
64thLodestar Minerals118%14%
434thA-CAP Resources-3%0%
719thGBM Resources-50%-32%
779thXState Resources-66%-18%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

09/10/18
$50k Bought
09/10/18
$50k Bought
06/08/18
$15k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

254th↑XState Resources$90k
255th↓GBM Resources$89k
257th↑Lodestar Minerals$87k
258th↓A-CAP Resources$87k
510 listed resources companies ranked by revenue.
Source: Morningstar

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