|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||0.3602 - 0.3602|
|52-week range||0.2823 - 0.4700|
|Beta (5Y monthly)||1.10|
|PE ratio (TTM)||8.00|
|Forward dividend & yield||0.06 (16.66%)|
|Ex-dividend date||23 Nov 2021|
|1y target est||N/A|
Newport Exploration Ltd ("Newport" or "the Company") is pleased to report on the summary results of an updated NI43-101 Technical Report (the "Report") and an updated mineral resource estimate for the Chu Chua massive sulphide deposit ("Chu Chua"), located near Barriere, BC, as estimated by APEX Geoscience Ltd. ("APEX") of Vancouver, BC. Newport has a 100 percent (%) interest in Chu Chua which is subject to two separate 1% Net Smelter Return ("NSR") royalties.
Newport Exploration Ltd ("Newport" or "the Company") is pleased to announce the payment of its fourth quarterly cash dividend ("the Dividend") in 2021 of $0.02/share, to its shareholders of record at the close of business on November 24th, 2021. As previously disclosed, the Company proposes to continue with the payment of quarterly dividend distributions, with the next payment scheduled for March, 2022.
Newport Exploration Ltd ("Newport" or "the Company") is pleased to report the receipt of its after tax 2.5% Gross Overriding Royalty ("GOR") payment from Beach Energy Ltd. ("Beach") for the August 2021 – October 2021 quarter. Gross royalty income for the quarter was AUD$2,276,680. The AUD$1,593,676 payment received by Newport is net of 30% Australian withholding taxes (AUD$683,004).