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 31/01/18

1 year TSR5 year TSR
39thEuropean Lithium363%90%
202ndArafura Resources58%-9%
354thBulletin Resources17%26%
670thAurora Minerals-36%-14%
740thGBM Resources-50%-23%
709 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


124th↑Aurora Minerals$937k
125th↑Bulletin Resources$928k
126th↓GBM Resources$855k
127th↑Arafura Resources$847k
128th↑European Lithium$777k
498 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from GBM Resources

584thPeter Thompson$235k
607thNeil Norris$227k
982ndHun Seng Tan$104k
Ranked by total remuneration from all listed WA companies

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