How to buy Tribune Resources (TBR) shares

Learn how to easily invest in Tribune Resources shares.

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Tribune Resources is a gold business based in Australia. Tribune Resources shares (TBR) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Tribune Resources has a trailing 12-month revenue of around $177.7 million. If you're looking to buy shares, check out the steps below.

How to buy shares in Tribune Resources

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Tribune Resources . Find the share by name or ticker symbol: TBR. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Tribune Resources reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Tribune Resources . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Tribune Resources stock price (ASX:TBR)

Use our graph to track the performance of TBR stocks over time.

Tribune Resources shares at a glance

Information last updated 2022-01-17.
52-week range$4.4267 - $6.2359
50-day moving average $4.862
200-day moving average $5.0462
Target priceN/A
PE ratio 5.1499
Dividend yield $0.2 (4.17%)
Earnings per share (TTM) $0.967

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
AUD $8 or 0.1%
$50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
$5
No
ASX shares, US shares, ETFs
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
GO Markets Share Trading
$7.70
No
ASX shares, Forex, CFDs, ETFs
Pay zero brokerage on your first 20 trades and $7.70 after that on over 2,500 ASX listed shares from either your desktop or mobile.
ThinkMarkets Share Trading
AUD $8
No
ASX shares
$8 flat fee brokerage for CHESS Sponsored ASX stocks (HIN ownership), plus free live stock price data on an easy to use mobile app.
Saxo Capital Markets (Classic account)
AUD $5
No
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
HSBC Online Share Trading
AUD $19.95
No
ASX shares, mFunds, ETFs, Bonds
Limited-time offer: Join HSBC’s online trading account before 28 February 2022 and HSBC will reimburse you up to $100 on your first 5 trades. Also traders who transfer $50k+ will get a $200 bonus(T&Cs apply).
Make trades online with brokerage fees starting from just $19.95 with an HSBC Online Share Trading account. Plus gain access to complimentary expert research, trading ideas and tools.
SelfWealth (Basic account)
AUD $9.5
No
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
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Compare up to 4 providers

Is it a good time to buy Tribune Resources stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Tribune Resources price performance over time

Historical closes compared with the last close of A$4.98

1 week (2022-01-10) 4.40%
1 month (2021-12-17) 3.75%
3 months (2021-10-18) -2.35%
6 months (2021-07-16) 0.61%
1 year (2021-01-18) -14.14%
2 years (2020-01-17) -8.96%
3 years (2019-01-17) 26.08%
5 years (2017-01-17) -6.04%

Is Tribune Resources under- or over-valued?

Valuing Tribune Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tribune Resources 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Tribune Resources 's P/E ratio

Tribune Resources 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Tribune Resources shares trade at around 5x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Tribune Resources 's EBITDA

Tribune Resources 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $129.9 million (£0.0 million).

The EBITDA is a measure of a Tribune Resources 's overall financial performance and is widely used to measure a its profitability.

Tribune Resources financials

Revenue TTM $177.7 million
Operating margin TTM 52.7%
Gross profit TTM $141.3 million
Return on assets TTM 17.78%
Return on equity TTM 20.62%
Profit margin 28.56%
Book value 4.909
Market capitalisation $261.3 million

TTM: trailing 12 months

Tribune Resources share dividends

21%

Dividend payout ratio: 20.62% of net profits

Recently Tribune Resources has paid out, on average, around 20.62% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.65% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Tribune Resources shareholders could enjoy a 3.65% return on their shares, in the form of dividend payments. In Tribune Resources 's case, that would currently equate to about A$0.2 per share.

While Tribune Resources 's payout ratio might seem low, this can signify that Tribune Resources is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 21 October 2021 (the "ex-dividend date").

Tribune Resources share price volatility

Over the last 12 months, Tribune Resources 's shares have ranged in value from as little as $4.4267 up to $6.2359. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Tribune Resources 's is 0.3283. This would suggest that Tribune Resources 's shares are less volatile than average (for this exchange).

Tribune Resources overview

Tribune Resources Limited, together with its subsidiaries, engages in the development, exploration, and production mineral properties in Australia. The company explores for gold and silver deposits. It holds 36.75% interest in the East Kundana joint venture and 24.5% interest in the West Kundana joint venture located in Western Australia; 50% interest in the Seven Mile Hill project situated in Western Australia; 100% interest in the Japa concession located in Ghana, West Africa; and 40% interest in Diwalwal Gold Project situated in Mindanao, Philippines. The company was incorporated in 1988 and is based in South Perth, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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