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The latest announcement is out from Gold Road Resources Ltd ( (AU:GOR) ).
Gold Road Resources Ltd has announced a change in the director’s interest, specifically involving the transfer of 240,000 fully paid ordinary shares held indirectly by Director Brian Kenneth Levet to Gruyere Holdings Pty Ltd. This transfer is part of a scheme of arrangement related to the acquisition of Gold Road Resources by Gold Fields Limited, through its subsidiary Gruyere Holdings Pty Ltd. The implementation of this scheme marks a significant step in the acquisition process, potentially impacting the company’s operational control and shareholder structure.
The most recent analyst rating on (AU:GOR) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on Gold Road Resources Ltd stock, see the AU:GOR Stock Forecast page.
More about Gold Road Resources Ltd
Gold Road Resources Ltd is a company operating in the mining industry, primarily focused on the exploration and development of gold deposits. The company is known for its involvement in the Gruyere Gold Project, a significant gold mining operation in Western Australia.
Average Trading Volume: 9,105,730
Technical Sentiment Signal: Buy
Current Market Cap: A$3.78B
See more insights into GOR stock on TipRanks’ Stock Analysis page.