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Gold Road Resources Ltd ( (AU:GOR) ) has issued an update.
Gold Road Resources Ltd has entered into a Scheme Implementation Deed with Gold Fields, which will acquire 100% of Gold Road’s issued share capital. Shareholders will receive a fixed cash consideration of $2.52 per share, plus a variable cash consideration based on their interest in Northern Star shares. The scheme is subject to shareholder approval and other conditions, with a meeting expected in late September 2025. During the June 2025 quarter, Gruyere produced 72,980 ounces of gold, and Gold Road’s financial performance showed strong cash flow and increased cash reserves. The company is also progressing well with its diamond drilling programs at Gruyere and Gilmour.
The most recent analyst rating on (AU:GOR) stock is a Buy with a A$1.90 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 mining company primarily engaged in the exploration and production of gold. The company operates in the gold mining industry and focuses on the development of the Gruyere Gold Mine in Western Australia, which is a joint venture with Gold Fields Ltd.
Average Trading Volume: 8,871,258
Technical Sentiment Signal: Buy
Current Market Cap: A$3.47B
For an in-depth examination of GOR stock, go to TipRanks’ Overview page.