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
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
What's in this guide?
- Tribune Resources key stats
- Compare share trading platforms
- Is Tribune Resources stock a buy or sell?
- Tribune Resources performance over time
- Are Tribune Resources shares over-valued?
- Tribune Resources 's financials
- How volatile are Tribune Resources shares?
- Does Tribune Resources pay a dividend?
- Other common questions
Tribune Resources stock price (ASX:TBR)Use our graph to track the performance of TBR stocks over time.
Tribune Resources shares at a glance
|52-week range||$4.4267 - $6.2359|
|50-day moving average||$4.862|
|200-day moving average||$5.0462|
|Dividend yield||$0.2 (4.17%)|
|Earnings per share (TTM)||$0.967|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
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
|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%|
|Market capitalisation||$261.3 million|
TTM: trailing 12 months
Tribune Resources share dividends
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.
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Tribune Resources in the news
Could The Market Be Wrong About Tribune Resources Limited (ASX:TBR) Given Its Attractive Financial Prospects?
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