Tribune Resources Ltd traded at 6.88 this Tuesday February 3rd, decreasing 0.06 or 0.86 percent since the previous trading session. Looking back, over the last four weeks, Tribune Resources lost 17.01 percent. Over the last 12 months, its price rose by 43.63 percent. Looking ahead, we forecast Tribune Resources Ltd to be priced at 6.90 by the end of this quarter and at 6.49 in one year, according to Trading Economics global macro models projections and analysts expectations.
Tribune Resources Limited is an Australia-based company that is engaged in exploration, development and production activities at the Company’s East Kundana Joint Venture tenements (EKJV). EKJV is an operational underground gold mining project located in the Kundana area approximately 25 kilometers (km) west-northwest of Kalgoorlie and approximately 47 km northeast of Coolgardie, in the Eastern Goldfields of Western Australia. The project comprises two producing underground mines, Raleigh and Rubicon/Hornet /Pegasus (RHP). Its exploration projects include Diwalwal Gold Project, Philippines and Japa Gold Project, Ghana. The Diwalwal Gold Project is located approximately 120 km northeast of Davao City on Mindanao Island in the Philippines. The Japa Gold Project is located in the Western Region of Ghana, approximately 110 km southwest of Kumasi and 50 km north of Tarkwa, centered in the village of Gyapa in the Wassa Amenfi East District.