Gold Road Resources Limited (ASX:GOR – Get Free Report) announced a final dividend on Monday, February 24th, MarketIndexAU Dividends reports. Stockholders of record on Sunday, March 30th will be paid a dividend of 0.015 per share on Sunday, March 30th. This represents a dividend yield of 0.6%. The ex-dividend date is Tuesday, February 25th. This is a boost from Gold Road Resources’s previous final dividend of $0.01.
Gold Road Resources Price Performance
The company has a market cap of $2.80 billion, a P/E ratio of 27.11, a price-to-earnings-growth ratio of 0.90 and a beta of 0.62. The company has a debt-to-equity ratio of 12.99, a current ratio of 2.26 and a quick ratio of 2.68.
Insider Buying and Selling at Gold Road Resources
In related news, insider Duncan Gibbs acquired 266,475 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were bought at an average cost of A$2.52 ($1.61) per share, with a total value of A$671,517.00 ($427,717.83). Insiders own 5.31% of the company’s stock.
About Gold Road Resources
Gold Road Resources Limited, together with its subsidiaries, engages in the exploration of gold properties in Western Australia. It owns 50% interest in the Gruyere gold mine located in north-east of Perth. The company was formerly known as Eleckra Mines Limited and changed its name to Gold Road Resources Limited in November 2010.
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