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Gold Road Resources Ltd ( (AU:GOR) ) has provided an announcement.
Gold Road Resources Ltd reported record financial results for 2024, with revenue from gold sales reaching $528 million and a net profit after tax of $142.7 million. The company maintained a strong balance sheet, ending the year debt-free with $166.3 million in cash and strategic investments valued at $741.7 million. A fully franked final dividend of 1.5 cents per share was declared, reflecting a strong cash flow performance. The company also announced plans for continued production growth and exploration activities, highlighting a 6% increase in attributable mineral resources and a promising outlook for the Yamarna Mine Readiness Project.
More about Gold Road Resources Ltd
Gold Road Resources Ltd is a company engaged in the gold mining industry, primarily focused on gold production and exploration activities. The company operates the Gruyere gold mine and is involved in strategic investments to enhance its market position.
YTD Price Performance: 26.95%
Average Trading Volume: 931
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.76B
See more insights into GOR stock on TipRanks’ Stock Analysis page.
