Feb 25 (Reuters) - Australia's Evolution Mining Ltd (EVN) on Monday said it has acquired a 19.9 percent stake in smaller peer Tribune Resources Ltd (TBR) for A$41.3 million ($29.55 million).
Evolution said that Tribune's major asset is its interest in the East Kundana mining operation in Western Australia, a joint venture between Northern Star Resources Ltd (NSTL) , Rand Mining Ltd (RND) and Tribune.
Evolution's shares dropped as much as 2.4 percent in morning trade, while Tribune's stock went up as much as 3.4 percent. ($1 = 1.3974 Australian dollars)
News: EVN Australia's Evolution Mining buys 19.9 pct stake in Tribune Resources
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Last
$4.62 |
Change
0.130(2.90%) |
Mkt cap ! $8.752B | |||
| Open | High | Low | Value | Volume |
| $4.54 | $4.63 | $4.52 | $40.54M | 8.841M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 150025 | $4.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.62 | 54177 | 7 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| EVN (ASX) Chart |
