Insider Buying: Gold Road Resources Ltd (ASX:GOR) Insider Acquires 10,000 Shares of Stock

Gold Road Resources Ltd (ASX:GOR) insider Timothy Netscher bought 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 24th. The stock was purchased at an average cost of A$1.15 ($0.82) per share, with a total value of A$11,500.00 ($8,156.03).

GOR stock traded up A$0.05 ($0.04) during mid-day trading on Thursday, hitting A$1.42 ($1.01). The company had a trading volume of 14,869,432 shares, compared to its average volume of 932,759. The company has a market capitalization of $1.25 billion and a price-to-earnings ratio of -38.38. Gold Road Resources Ltd has a 12-month low of A$0.88 ($0.62) and a 12-month high of A$1.79 ($1.27). The company has a quick ratio of 1.60, a current ratio of 1.91 and a debt-to-equity ratio of 57.69. The company has a 50-day moving average price of A$1.40 and a 200 day moving average price of A$1.27.

Gold Road Resources Company Profile

Gold Road Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Australia. The company primarily explores for gold deposits. It focuses on developing the Yamarna Belt, which covers an area of 6,000 square kilometers located to the east of Laverton in Western Australia.

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