Gold Road Resources is a gold business based in Australia. Gold Road Resources shares (GOR) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Gold Road Resources has a trailing 12-month revenue of around $472.1 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Gold Road Resources
To buy shares listed in Australia such as Gold Road Resources, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.
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Open and fund your brokerage account. Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
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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.
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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. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
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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.
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Check on your investment. Congratulations, you own a part of Gold Road Resources. Optimise your portfolio by tracking how your stock and 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 affect your stock.
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What's in this guide?
- Gold Road Resources key stats
- Compare share trading platforms
- Is Gold Road Resources stock a buy or sell?
- Gold Road Resources performance over time
- Are Gold Road Resources shares over-valued?
- Gold Road Resources's financials
- How volatile are Gold Road Resources shares?
- Does Gold Road Resources pay a dividend?
- Frequently asked questions
Gold Road Resources stock price (ASX:GOR)
Use our graph to track the performance of GOR stocks over time.Gold Road Resources shares at a glance
52-week range | $1.3556 - $2.026 |
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50-day moving average | $1.5568 |
200-day moving average | $1.6955 |
Target price | $1.74 |
PE ratio | 14.0455 |
Dividend yield | $0.022 (1.42%) |
Earnings per share (TTM) | $0.11 |
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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. However, this is not a recommendation. 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$1.535
1 week (2024-03-08) | -4.95% |
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1 month (2024-02-16) | 8.10% |
3 months (2023-12-18) | -21.28% |
6 months (2023-09-18) | -8.63% |
1 year (2023-03-17) | 1.99% |
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2 years (2022-03-18) | -7.25% |
3 years (2021-03-18) | 23.29% |
5 years (2019-03-18) | 69.61% |
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 14x. In other words, Gold Road Resources shares trade at around 14x 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 $237.4 million (£0.0 million).
The EBITDA is a measure of a Gold Road Resources's overall financial performance and is widely used to measure stock profitability.
Gold Road Resources financials
Revenue TTM | $472.1 million |
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Operating margin TTM | 35.57% |
Gross profit TTM | $148.4 million |
Return on assets TTM | 9.53% |
Return on equity TTM | 13.04% |
Profit margin | 24.51% |
Book value | 0.872 |
Market capitalisation | $1.7 billion |
TTM: trailing 12 months
Gold Road Resources share dividends
Dividend payout ratio: 15.92% of net profits
Recently Gold Road Resources has paid out, on average, around 15.92% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.42% 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 1.42% return on their shares, in the form of dividend payments. In Gold Road Resources's case, that would currently equate to about A$0.022 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 28 February 2024 (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 $1.3556 up to $2.026. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Gold Road Resources's is 0.545. 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 of gold properties in Western Australia. It owns 50% interest in the Gruyere gold mine located in north-east of Perth. 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.
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Gold Road Resources in the news
Estimating The Intrinsic Value Of Gold Road Resources Limited (ASX:GOR)
While institutions own 44% of Gold Road Resources Limited (ASX:GOR), individual investors are its largest shareholders with 51% ownership
Do Its Financials Have Any Role To Play In Driving Gold Road Resources Limited's (ASX:GOR) Stock Up Recently?
Frequently asked questions
- EOD price data and company information for Gold Road Resources accessed 18 Mar 2024
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