Tribune Resources Limited (TBR)

Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

Sign Up Today » it's FREE! Already a member? Login now!

General Information
Company Name: Tribune Resources Limited
Stock Code: TBR
GICS Sub-Industry: Gold
Market Cap ($M): 153
Equiv. Shares (M): 50

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
$ 3.050 $ 3.050 $ 3.050 $ 3.050 $ 3.050 8,000 0%

Company Overview

Business Description:
Tribune Resources Limited (TBR) is a mineral exploration, development and production company, with projects in Western Australia and Africa. TBR’s current focus is on the exploration and development of the East Kundana JV Project in Western Australia.

Strategy Analysis:
Tribune Resources aims to establish itself as a coal producer with a primary focus on Queensland’s premier Bowen and Surat Basins. The various projects are within economic vicinity to local infrastructures, which will aim the company in the goal of becoming a low cost producer.

Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014  A -0.9 2.0 -96.3 131.0 0.0 0.0 --
2013  A 28.1 53.4 159.8 2.4 0.0 0.0 --
2012  A 12.8 20.6 63.7 9.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Newcrest Mining (NCM) $7,481 M -0.0429 -0.2244 0.4692 17.3172 22.3290 15.1978 0.00 0.00 2.03
Northern Star Resources (NST) $687 M 0.2151 2.4277 0.1506 14.4638 4.2197 3.6674 3.02 5.53 6.58
OceanaGold (OGC) $663 M -- -- -0.1432 -- 6.9401 8.1001 0.00 0.00 0.00
OZ Minerals (OZL) $1,162 M -- -- 0.1368 -- 73.7958 64.9153 5.22 5.22 3.90
Tribune Resources (TBR) $153 M -0.9633 -- -- 155.6122 -- -- 0.00 -- --

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
TBR 1.99 155.6 1.37 -- 1.56
Market 1.16 13.8 1.03 1.05 3.00
Sector 0.73 11.5 0.80 0.99 2.80

Name Position Start Date
Mr Otakar Demis Chairman,Company Secretary 29 November 1985
Mr Anthony Byron Billis Managing Director,Executive Director 22 January 2003
Mr Gordon Alfred Sklenka Non-Executive Director 16 August 2004

Name Position
Lyndall Vaughan Joint Company Secretary

Substantial Shareholders
Holding Name
8,020,000 (15.97%) Sierra Gold Pty Ltd
8,454,000 (16.84%) Trans Global Capital Ltd
11,433,727 (22.77%) Rand Mining N L
3,390,455 (6.75%) J P Morgan Nominees Australia Limited

Calendar of Events
Date Event
28 October 2015 Report (Quarterly)
28 September 2015 Report (Annual)
23 July 2015 Report (Quarterly)
28 April 2015 Report (Quarterly)
27 April 2015 Report (Quarterly)
27 January 2015 Report (Quarterly)
28 November 2014 AGM
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at


Trade Shares Online from $19.95^
Free Guides

The SMH Guide to Powers of Attorney

Handing over, what if you need someone else to make decisions for you? There are times in your life when you can't fulfil your financial obligations personally.

More details...


Prices slashed - everything must go!

Nick Swales, Regional Director, Newcastle Office, Rathbones 27/10/2014 | “If you want to have a better performance than the crowd, you must do things differently from the crowd.” Sir John Templeton.

Aussie share market bulls now have company

Ric Spooner (Chief Market Analyst, CMC Markets) 20/10/2014 | Today, Australian investors will not have to go it alone buying stocks as they did for much of last week. Bargain hunters this morning will be supported by the morale boosting encouragement of a 3% turnaround in the German Dax and a 264 point rally in the Dow Jones.

The Importance of Ignoring the Noise of the Market

Carl Richards, director of investor education at the BAM Alliance 17/10/2014 | “As odd as it may sound, the sooner you start treating your investments like you treat life, the happier you’ll be with the outcome.”

You only dance twice

William H. Gross, Janus Capital Group 16/10/2014 | “Financial markets are artificially priced. In the bond market, there is nothing normal about a three year German Bund yielding “minus” 10 basis points.”

The Big Picture - Australia 200 Index

CMC Markets 8/10/2014 | Share market indices around the globe are breaking down. While analysts cast around for reasons, it’s clear that a time factor is in play. Simply put, many investors “feel” a correction is overdue. How low could it go?

Billionaires bankroll Ten's new direction Media Network sees digital future

The Age 19/12/2013 | Ten Network's programming ambitions will be funded by a $200 million loan guaranteed by three of its billionaire owners, as the free-to-air broadcaster declared digital was the future and pointed to early signs that its switch to an older market demographic was working.


Sponsored Links