GBM's Black Range exploration area in Queensland.

GBM to raise $1.14m through placement

Perth-based mineral explorer GBM Resources has announced plans to raise $1.14 million through the placement of 57 million shares to investors valued at 2 cents per share. 


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
10thRedbank Copper1450%99%
221stMarindi Metals50%12%
256thKorab Resources38%-6%
759thGBM Resources-58%-26%
805thCradle Resources-70%-9%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$8k Issued
$7k Other
$8k Issued
Total value as at the date of the transaction
Source: Morningstar


126th↓GBM Resources$855k
157th↑Marindi Metals$357k
158th↑Cradle Resources$349k
163rd↑Korab Resources$331k
164th↑Redbank Copper$329k
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from GBM Resources

538thPeter Thompson$235k
558thNeil Norris$227k
910thHun Seng Tan$104k
Ranked by total remuneration from all listed WA companies

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