Gold Road Resources Ltd (AU:GOR) has released an update.
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Gold Road Resources Ltd reported a decrease in six-month revenue to $211.7 million and a drop in net profit after tax to $43.1 million, amid challenges including a major regional rain event impacting gold production. Despite these setbacks, the company maintains its annual gold production guidance and has declared a fully franked interim dividend of 0.5 cents per share, reflecting confidence in future cash flow. The company ended the period with strong liquidity, holding $79.4 million in cash and $478.4 million in strategic investments, with no debt.
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