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Tribune has organised for the sale of $250 million worth of gold at the Perth Mint.

Tribune, Rand flag $250m payout

Shares in local gold stocks Tribune Resources and Rand Mining have soared today, after each announced special dividends worth a combined $250 million, following an adverse ruling by the Takeovers Panel on Monday.

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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
206thTribune Resources36%36%
230thMedusa Mining29%-30%
381stCI Resources0%24%
442ndFinders Resources-4%3%
576thMetals X-26%4%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

11/05/16
$199k Bought
11/05/16
$199k Other
11/05/16
$199k Sold
Total value as at the date of the transaction
Source: Morningstar

Revenue

22nd↑Finders Resources$224.1m
23rd↓Metals X$210.4m
24th↑Tribune Resources$180.5m
25th↓CI Resources$175.5m
26th↓Medusa Mining$168.5m
510 listed resources companies ranked by revenue.
Source: Morningstar

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