Gold Road Resources Limited
Gold Road Resources Limited (GOR.AX) Stock Overview
Explore Gold Road Resources Limited’s financial performance, market position, analyst ratings, and future outlook.
GOR.AX Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Gold Road Resources Limited (GOR.AX) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B+, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
Our forecasting models predict significant price movements, with a 12-month target of $2.61.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 24.84 and a market capitalization of 3.6B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Company Profile
Gold Road Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Western Australia. The company primarily explores for gold deposits. It owns 50% interest in the Gruyere gold mine, which was developed in joint venture (JV) with Gold Fields Ltd. The Gruyere JV has mineral resources of 7.38 million ounces, including an ore reserve of 4.45 million ounces. The company also controls 100% of tenements covering 4,000 square kilometers across Yamarna with a mineral resource of 0.51 million ounces. The company was formerly known as Eleckra Mines Limited and changed its name to Gold Road Resources Limited in November 2010. Gold Road Resources Limited was incorporated in 2004 and is based in West Perth, Australia.
Duncan Gibbs
73
26 Colin Street, West Perth, WA
2006