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Gold Road Resources Ltd
(Sydney:GOR)
Gold Road Resources Ltd (GOR) vs. iShares MSCI Australia ETF (EWA)
Gold Road Resources Ltd Business Overview & Revenue Model
Gold Road Resources Ltd Earnings Call Summary
Gold Road Resources Ltd Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 527.96M | 472.13M | 382.94M | 274.76M | 294.65M |
| Gross Profit | 350.14M | 220.95M | 148.40M | 99.39M | 138.66M |
| EBITDA | 281.47M | 250.44M | 182.09M | 116.58M | 171.05M |
| Net Income | 142.70M | 115.72M | 63.70M | 36.79M | 80.82M |
Balance Sheet | |||||
| Total Assets | 1.54B | 1.18B | 1.06B | 652.39M | 641.85M |
| Cash, Cash Equivalents and Short-Term Investments | 166.28M | 143.85M | 74.42M | 131.51M | 126.39M |
| Total Debt | 119.49M | 128.62M | 122.53M | 115.62M | 115.98M |
| Total Liabilities | 307.92M | 235.81M | 232.59M | 210.91M | 222.38M |
| Stockholders Equity | 1.23B | 942.45M | 831.83M | 441.48M | 419.47M |
Cash Flow | |||||
| Free Cash Flow | 109.35M | 152.61M | 80.98M | 28.50M | 97.62M |
| Operating Cash Flow | 250.59M | 233.57M | 132.17M | 89.24M | 142.69M |
| Investing Cash Flow | -197.08M | -135.85M | -157.00M | -57.10M | -26.98M |
| Financing Cash Flow | -31.08M | -28.30M | -32.27M | -27.02M | -90.65M |
Gold Road Resources Ltd Technical Analysis
Gold Road Resources Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $2.93B | 8.29 | 26.42% | 2.37% | 54.37% | 310.22% | |
73 Outperform | AU$4.05B | 47.40 | 18.02% | ― | 6.31% | 301.01% | |
70 Outperform | $2.72B | 11.15 | 21.73% | ― | 9.95% | 44.59% | |
69 Neutral | $3.52B | 24.58 | 13.42% | 0.93% | 11.93% | 22.74% | |
64 Neutral | $3.49B | ― | -0.38% | ― | 29.83% | 93.23% | |
63 Neutral | $2.46B | 24.95 | 18.72% | ― | 25.93% | -2.18% | |
44 Neutral | C$967.00M | -6.65 | -13.73% | 2.47% | 17.55% | -32.57% |
Gold Road Resources Ltd Corporate Events
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.
UBS Group AG has increased its voting power in Gold Road Resources Ltd, with a rise from 5.10% to 6.27% of the total voting shares. This change in substantial holding reflects UBS’s strategic interest in Gold Road Resources, potentially impacting the company’s shareholder dynamics and market perception.
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.
Iceni Gold Limited, a company focused on gold exploration, has announced significant results from its aircore drilling campaign at the Guyer Trend within the 14 Mile Well Gold Project. The campaign revealed substantial gold mineralization along an 11.5 km stretch, with new anomalies identified that could potentially lead to a significant primary gold system. These findings are part of a $35 million farm-in agreement with Gold Road Resources Limited, which aims to further explore and develop the site, indicating a promising future for Iceni’s operations and stakeholders.
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.
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.
Gold Road Resources Ltd has announced a change in the interests of a substantial holder, with State Street Corporation and its subsidiaries holding significant voting power in the company. This change in voting power may impact the company’s decision-making processes and influence its strategic direction, potentially affecting stakeholders and market positioning.
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.
Goldman Sachs Group, through its subsidiaries, has increased its voting power in Gold Road Resources Ltd from 5.26% to 6.29%, indicating a growing interest in the company’s operations. This change in substantial holding reflects Goldman Sachs’ strategic positioning within the mining sector, potentially influencing Gold Road Resources’ future business decisions and stakeholder interests.
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.
Gold Road Resources Ltd has experienced a change in the interests of a substantial holder, with State Street Corporation and its subsidiaries, including State Street Bank and Trust Company and State Street Global Advisors, holding significant voting power in the company. This change in substantial holding indicates a shift in the control dynamics within the company, potentially impacting its strategic decisions and stakeholder relationships.
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.
Gold Road Resources Ltd has announced a change in the interests of a substantial holder, which impacts the voting power within the company. This change involves various entities under State Street Corporation, which now hold significant voting securities in Gold Road Resources Ltd. The announcement highlights the power these entities have to control voting rights and dispose of securities, indicating a potential shift in influence within the company. This change could have implications for the company’s governance and decision-making processes, affecting stakeholders and possibly altering the company’s strategic direction.
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.
Gold Road Resources Limited has announced a change in the substantial holding of its shares by Van Eck Associates Corporation. The voting power of Van Eck has decreased from 8.11% to 6.91%, indicating a reduction in their stake in the company. This change in shareholding may impact the company’s market dynamics and influence investor perceptions.
The most recent analyst rating on (AU:GOR) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Gold Road Resources Ltd stock, see the AU:GOR Stock Forecast page.
Gold Road Resources Ltd has announced a change in the interests of a substantial holder, with State Street Bank and Trust Company and its subsidiaries holding significant voting power in the company. This change reflects a strategic shift in the voting interests and control over securities, which could impact the company’s governance and decision-making processes.
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.
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.
Gold Road Resources Ltd has experienced a change in the interests of a substantial holder, Mitsubishi UFJ Financial Group, Inc., which now holds a greater voting power in the company. The increase in voting power from 5.22% to 6.34% indicates a significant shift in shareholder influence, potentially impacting the company’s governance and strategic decisions.
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.
Gold Road Resources Ltd has reported a change in the interests of a substantial holder, State Street Corporation and its subsidiaries, in the company’s voting securities. The notice details the current and previous voting power held by State Street and its associates, as well as changes in relevant interests and associations. This announcement may impact the company’s shareholder dynamics and influence decision-making processes, reflecting the strategic movements of major institutional investors in the market.
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.
Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in Gold Road Resources Limited, acquiring a significant voting power of 5.22% through various relevant interests in fully paid ordinary shares. This development highlights Mitsubishi UFJ Financial Group’s strategic positioning and influence within Gold Road Resources, potentially impacting the company’s governance and decision-making processes.
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.
Gold Road Resources Ltd announced a change in the director’s interest notice involving Timothy Carl Netscher. The change involved an off-market transfer of 180,000 fully paid ordinary shares from the Netscher Super Pty Ltd ATF the Netscher Family Superannuation Fund to Mr. Netscher directly, valued at $608,400. This adjustment increases Mr. Netscher’s direct holdings to 697,940 shares while reducing his indirect holdings to 153,328 shares. This transfer reflects a strategic reallocation of Mr. Netscher’s investment portfolio within the company.
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.
Gold Road Resources Ltd has announced a change in the interests of a substantial holder, State Street Corporation and its subsidiaries, in the company’s voting securities. This change reflects the substantial holder’s updated voting power and relevant interests, which may influence the company’s governance and decision-making processes.
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.
Gold Road Resources Ltd has announced that First Sentier Investors Holdings Pty Limited, a subsidiary of Mitsubishi UFJ Financial Group, has become a substantial holder in the company as of May 26, 2025. This development indicates a significant investment and potential influence on the company’s voting power, reflecting a strategic interest by a major financial group in Gold Road Resources Ltd, which may impact its market positioning and stakeholder dynamics.
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.
Gold Road Resources Ltd has announced a change in the substantial holding of its voting shares. State Street Bank and Trust Company, along with its subsidiaries, has adjusted its relevant interest in the company’s voting securities. This change reflects the dynamic nature of shareholding and control within the company, potentially impacting its governance and decision-making processes.
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.
UBS Group AG and its related bodies corporate have become a substantial holder in Gold Road Resources Ltd, with a 5.10% voting power as of May 21, 2025. This development indicates a significant investment by UBS, potentially impacting Gold Road Resources’ market positioning and signaling confidence in the company’s operations and future prospects.
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.
Gold Road Resources Ltd has announced a change in the director’s interest notice, specifically concerning Duncan Gibbs. The notice details the acquisition of 206,915 Short Term Incentive Performance Rights and 357,029 Long Term Incentive Performance Rights by Stockbridge Holdings Pty Ltd, a trust for which Mr. Gibbs is the sole director and shareholder. This change reflects an adjustment in the director’s indirect interest in the company’s securities, potentially impacting the company’s governance and stakeholder interests.
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.
Gold Road Resources Ltd announced the issuance of 563,944 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of the company’s strategy to incentivize and retain key personnel, potentially impacting its operational efficiency and stakeholder engagement positively.
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.
UBS Group AG and its related bodies corporate have ceased to be substantial shareholders in Gold Road Resources Ltd as of May 20, 2025. This change in shareholding may impact the company’s market dynamics and investor relations, as substantial holders often play a significant role in corporate governance and strategic decision-making.
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.
Gold Road Resources Ltd has experienced a change in the interests of a substantial holder, with State Street Corporation and its subsidiaries holding a significant number of voting securities. This change in voting power reflects the company’s ongoing engagement with major financial institutions, potentially impacting its governance and decision-making processes.
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.
Gold Road Resources Ltd has announced that it has received approval from the Foreign Investment Review Board (FIRB) for its acquisition by Gold Fields Limited through a scheme of arrangement. This approval satisfies a key condition for the acquisition, which still requires shareholder and court approval. The board of Gold Road unanimously recommends shareholders vote in favor of the scheme, highlighting its strategic importance for the company’s future growth and positioning within the gold mining sector.
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.
Gold Road Resources Ltd announced that all resolutions presented at its 2025 Annual General Meeting were passed, indicating strong shareholder support for the company’s strategic decisions. The resolutions included the adoption of the remuneration report, re-election of directors, and approval of incentive performance rights, which are expected to positively impact the company’s governance and operational strategies.
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.
Gold Road Resources Ltd has released the CEO’s presentation for the 2025 Annual General Meeting, in line with its Continuous Disclosure Policy. This announcement is part of the company’s efforts to maintain transparency with stakeholders and provide insights into its operational strategies and future outlook.
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.
Gold Road Resources Ltd has announced a significant development regarding its future operations. The company has entered into a binding Scheme Implementation Deed with its Gruyere JV partner, Gold Fields, which plans to acquire 100% of Gold Road’s issued share capital through a scheme of arrangement. The offer includes a fixed cash consideration of $2.52 per share, with an additional variable cash component linked to the value of Gold Road’s shareholding in Northern Star. This proposal values Gold Road at approximately $3.5 billion, or $3.35 per share, as of May 14. The board of Gold Road unanimously recommends shareholders vote in favor of the Scheme, pending no superior proposals and a favorable independent expert’s report.
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.
Gold Road Resources Ltd has announced a change in the interests of a substantial holder, with State Street Bank and Trust Company and its subsidiaries holding significant voting power in the company. This change in voting power could impact the company’s governance and decision-making processes, potentially influencing its strategic direction and stakeholder interests.
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.
UBS Group AG and its related bodies corporate have become substantial holders in Gold Road Resources Ltd, acquiring a 5.27% voting power through various shares and securities. This development indicates a significant investment by UBS, potentially impacting Gold Road Resources’ market positioning and signaling confidence in the company’s future prospects.
Gold Road Resources Ltd has entered into a Scheme Implementation Deed with Gold Fields, where Gold Fields will acquire 100% of Gold Road’s issued share capital through a scheme of arrangement. Shareholders will receive a total cash consideration of A$3.40 per share, which includes a fixed cash consideration and a variable component linked to Northern Star’s share value. This offer represents a significant premium over Gold Road’s previous share prices and is deemed the ‘best and final’ price by Gold Fields. The scheme is subject to shareholder approval, and the Gold Road Board recommends voting in favor unless a superior proposal emerges.
Gold Road Resources Ltd has requested a trading halt on its securities due to media speculation about a potential change of control transaction. The halt is expected to be lifted by May 6, 2025, pending an official announcement, which could have significant implications for the company’s future operations and market positioning.
Gold Road Resources Ltd has announced the release of its March 2025 quarterly report, scheduled for April 28, 2025. The company will host an investor and analyst conference call to discuss the results, with participation by invitation only. A live webcast will be available on the company’s website, allowing participants to submit questions during the presentation. This announcement highlights the company’s commitment to transparency and engagement with its stakeholders, potentially impacting investor confidence and market positioning.