Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Gold Road Resources Ltd ( (AU:GOR) ) has provided an update.
Gold Road Resources Ltd has announced that The Goldman Sachs Group, Inc. has become a substantial shareholder in the company. Goldman Sachs now holds a 5.26% voting power in Gold Road Resources, with a total of 57,110,334 fully paid ordinary shares. This development signifies a notable investment from a major financial entity, which could influence Gold Road Resources’ market position and potentially impact its strategic decisions moving forward.
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
Average Trading Volume: 9,630,209
Technical Sentiment Signal: Buy
Current Market Cap: A$3.65B
Learn more about GOR stock on TipRanks’ Stock Analysis page.