Rand Mining Ltd (ASX:RND) declared a interim dividend on Tuesday, October 8th, MarketIndexAU reports. Stockholders of record on Tuesday, October 22nd will be paid a dividend of 0.10 per share on Tuesday, October 22nd. This represents a dividend yield of 3.22%. The ex-dividend date of this dividend is Thursday, October 10th.

The firm has a market capitalization of $191.87 million and a price-to-earnings ratio of 2.15. The company has a current ratio of 4.16, a quick ratio of 2.66 and a debt-to-equity ratio of 1.52. Rand Mining has a fifty-two week low of A$1.55 ($1.10) and a fifty-two week high of A$3.50 ($2.48). The firm has a 50-day moving average price of A$3.25 and a two-hundred day moving average price of A$2.59.

Rand Mining Company Profile

Rand Mining Limited explores for, develops, and produces mineral properties in Australia. The company primarily explores for gold and silver deposits. It holds a 12.25% interest in East Kundana Joint Venture located to the west north west of Kalgoorlie and north east of Coolgardie. The company also holds a 50% interest in Seven Mile Hill Joint Venture in Western Australia.

Read More: Are we seeing the beginning of a new bubble?

Receive News & Ratings for Rand Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rand Mining and related companies with MarketBeat.com's FREE daily email newsletter.