Rand Mining Limited (ASX:RND) to Issue $0.10 Final Dividend

Rand Mining Limited (ASX:RND) announced a final dividend on Monday, November 4th, MarketIndexAU reports. Stockholders of record on Sunday, December 15th will be paid a dividend of 0.10 per share on Sunday, December 15th. This represents a dividend yield of 5%. The ex-dividend date of this dividend is Sunday, November 17th.

Rand Mining Price Performance

The company has a quick ratio of 0.54, a current ratio of 23.75 and a debt-to-equity ratio of 0.01.

About Rand Mining

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