How to buy Gold Road Resources shares | GOR historical share price and analysis

How to buy Gold Road Resources shares

Own Gold Road Resources shares in just a few minutes.

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Gold Road Resources Limited is a gold business based in Australia. Gold Road Resources shares (GOR) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Gold Road Resources has a trailing 12-month revenue of around $294.6 million.

How to buy shares in Gold Road Resources

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Gold Road Resources. Find the share by name or ticker symbol: GOR. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Gold Road Resources reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Gold Road Resources. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Gold Road Resources share price

Use our graph to track the performance of GOR stocks over time.

Gold Road Resources shares at a glance

Information last updated 2021-03-26.
52-week range$1.0273 - $1.9954
50-day moving average $1.1804
200-day moving average $1.3174
Target price$0.88
PE ratio 13.4066
Dividend yield $0.015 (1.23%)
Earnings per share (TTM) $0.091

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data updated regularly
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Is it a good time to buy Gold Road Resources stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Gold Road Resources price performance over time

Historical closes compared with the last close of A$1.215

1 month (2021-03-18) -2.41%

Is Gold Road Resources under- or over-valued?

Valuing Gold Road Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Gold Road Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Gold Road Resources's P/E ratio

Gold Road Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Gold Road Resources shares trade at around 13x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Gold Road Resources's EBITDA

Gold Road Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $143.5 million (£0.0 million).

The EBITDA is a measure of a Gold Road Resources's overall financial performance and is widely used to measure a its profitability.

Gold Road Resources financials

Revenue TTM $294.6 million
Operating margin TTM 34.99%
Gross profit TTM $138.7 million
Return on assets TTM 10.44%
Return on equity TTM 21.39%
Profit margin 27.43%
Book value 0.477
Market capitalisation $1.1 billion

TTM: trailing 12 months

Gold Road Resources share dividends


Dividend payout ratio: 16.67% of net profits

Recently Gold Road Resources has paid out, on average, around 16.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.43% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Gold Road Resources shareholders could enjoy a 2.43% return on their shares, in the form of dividend payments. In Gold Road Resources's case, that would currently equate to about A$0.015 per share.

While Gold Road Resources's payout ratio might seem low, this can signify that Gold Road Resources is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 24 March 2021 (the "ex-dividend date").

Gold Road Resources share price volatility

Over the last 12 months, Gold Road Resources's shares have ranged in value from as little as $1.0273 up to $1.9954. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Gold Road Resources's is 0.0486. This would suggest that Gold Road Resources's shares are less volatile than average (for this exchange).

Gold Road Resources overview

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. The company owns 50% of the Gruyere gold mine, which was developed in joint venture (JV) with Gold Fields Ltd. The Gruyere JV has mineral resources of 6.71 million ounces, including an ore reserve of 3.48 million ounces. It also controls 100% of tenements covering 4,500 square kilometers across Yamarna with a mineral resource of 0.3 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 founded in 2004 and is based in West Perth, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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