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Glory Resources managing director Jason Bontempo.

Glory shares soar on $30m takeover offer

Shares in West Leederville-based Glory Resources have soared on the back of the gold explorer receiving a $30.5 million friendly takeover offer from Canadian miner Eldorado Gold.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/02/19

1 year TSR5 year TSR
thJupiter Mines
401stMatsa Resources-21%-8%
505thEon NRG-37%-35%
767thCape Lambert Resources-70%-24%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

21/12/18
$16k Bought
19/10/18
$10k Bought
25/09/18
$11k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

59th↑Matsa Resources$11.7m
60th↑India Resources$11.4m
61st↑Cape Lambert Resources$11.3m
62nd↑Jupiter Mines$9.6m
63rd↑Eon NRG$9.2m
487 listed resources companies ranked by revenue.
Source: Morningstar

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