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Gold Road Resources Ltd ( (AU:GOR) ) just unveiled an announcement.
Gold Road Resources Ltd has released a preliminary production update for the June 2025 quarter, reporting a production of 72,980 ounces of gold at the Gruyere mine. The company sold 37,741 ounces at an average price of A$5,131 per ounce, and its cash and equivalents increased significantly to A$242.2 million. Despite being unhedged and fully exposed to spot gold prices, Gold Road anticipates its full-year production to be at the lower end of its guidance, with costs at the higher end. The company’s financial position remains strong with no debt and substantial listed investments valued at A$921 million.
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 company operating in the gold mining industry. It is engaged in the exploration and production of gold, primarily through its joint venture at the Gruyere gold mine, which is a 50:50 partnership with Gruyere Mining Company Pty Ltd, part of the Gold Fields Ltd group.
YTD Price Performance: 59.47%
Average Trading Volume: 9,345,094
Technical Sentiment Signal: Buy
Current Market Cap: A$3.53B
Find detailed analytics on GOR stock on TipRanks’ Stock Analysis page.