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Gold Road Resources Ltd
(Sydney:GOR)
Gold Road Resources Ltd (GOR) vs. S&P 500 (SPY)
Gold Road Resources Ltd Business Overview & Revenue Model
Gold Road Resources Ltd Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 454.81M | 527.96M | 472.13M | 382.94M | 274.76M | 294.65M | Gross Profit |
| 179.55M | 350.14M | 179.56M | 103.79M | 54.06M | 106.51M | EBIT |
| 148.95M | 0.00 | 171.81M | 97.33M | 47.37M | 100.69M | EBITDA |
| 227.72M | 294.39M | 250.44M | 182.09M | 120.73M | 171.05M | Net Income Common Stockholders |
| 103.08M | 142.70M | 115.72M | 63.70M | 36.79M | 80.82M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 5.09M | 166.28M | 143.85M | 74.42M | 131.51M | 126.39M | Total Assets |
| 40.03M | 1.54B | 1.18B | 1.06B | 652.39M | 641.85M | Total Debt |
| 0.00 | 119.49M | 128.62M | 122.53M | 115.62M | 115.98M | Net Debt |
| -5.09M | -46.79M | -15.22M | 48.11M | -15.90M | -10.40M | Total Liabilities |
| 1.45M | 307.92M | 235.81M | 232.59M | 210.91M | 222.38M | Stockholders Equity |
| 38.56M | 1.23B | 942.45M | 831.83M | 441.48M | 419.47M |
| Cash Flow | Free Cash Flow | ||||
| 78.07M | 109.35M | 152.61M | 80.98M | 28.50M | 97.62M | Operating Cash Flow |
| 191.72M | 0.00 | 233.57M | 132.17M | 89.24M | 142.69M | Investing Cash Flow |
| -227.92M | -197.08M | -135.85M | -157.00M | -57.10M | -26.98M | Financing Cash Flow |
| -36.95M | -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 |
|---|---|---|---|---|---|---|---|
78 Outperform | $3.64B | 25.42 | 13.42% | 0.61% | 11.93% | 22.74% | |
78 Outperform | $26.33B | 27.86 | 11.01% | 2.36% | 25.11% | 28.88% | |
77 Outperform | C$4.91B | 9.12 | 22.80% | 1.83% | 12.24% | 14.88% | |
75 Outperform | $15.42B | 22.16 | 16.97% | 1.43% | 60.56% | 302.20% | |
74 Outperform | $3.70B | ― | -0.38% | ― | 29.83% | 93.23% | |
49 Neutral | $1.92B | -1.52 | -22.04% | 3.84% | 0.67% | -27.41% |
Gold Road Resources Ltd Earnings Call Summary
Gold Road Resources Ltd Corporate Events
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.
Gold Road Resources Ltd has initiated a A$10.4 million drilling program at its Gilmour project, aiming to convert the existing Gilmour Underground Inferred Mineral Resource into the Indicated Mineral Resource category. The program includes both infill and extensional drilling to increase the Gilmour Mineral Resource and Ore Reserve. This initiative is part of a larger A$34 million annual discovery budget for 2025, and it is expected to enhance the project’s value and extend its mine life. The drilling is anticipated to be completed by the September 2025 quarter, with the potential to significantly impact the company’s resource estimates and financial performance.
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 substantial holding could impact the company’s governance and decision-making processes, potentially affecting its strategic direction and market positioning.
Gold Road Resources Ltd has issued a clarification regarding its recent announcement on the Gruyere Underground Exploration Target. The company emphasizes that the mineral resource and ore reserve estimates remain consistent with its 2024 Annual Mineral Resource and Ore Reserve Statement. However, it retracts certain information from the original announcement and advises investors not to rely on this retracted data for investment decisions. The company is continuing its efforts to enhance the potential of the Gruyere underground operation, with plans to complete ongoing drilling and support a Pre-feasibility Study in 2026.
Gold Road Resources Ltd has reviewed the Gruyere Underground Scoping Study, which outlines a sub-level cave underground mining option at the Gruyere Gold Mine. The study confirms the technical and economic viability of underground mining, with a potential to significantly increase the resource base through ongoing exploration. The company has committed $26.4 million to a drill program to confirm the orebody’s depth, aiming to transform Gruyere into a multi-decade life mine, adding material value to the joint venture and stakeholders.
Gold Road Resources Ltd announced corrections to its Australian Roadshow Investor Presentation, specifically regarding the Underground Inferred resource and a footnote reference. The company has a strong financial position with significant cash reserves, no debt, and substantial investments. The Gruyere Joint Venture and other projects are expected to contribute significantly to production and shareholder value, with ongoing exploration and development activities aimed at extending resources and improving operational efficiency.
Gold Road Resources Ltd has released its April 2025 Investor Presentation to the ASX Market Announcements Platform, in line with its Continuous Disclosure Policy. This presentation is part of an Australian roadshow aimed at providing stakeholders with insights into the company’s strategic initiatives and operational updates, potentially impacting its market positioning and investor relations.
Gold Road Resources Ltd announced a change in the director’s interest, specifically concerning Denise Patricia McComish. The change involved the acquisition of 302 fully paid ordinary shares through a Dividend Reinvestment Plan, increasing her indirect holding to 51,026 shares. This update reflects the company’s ongoing commitment to transparent reporting and shareholder engagement, potentially impacting stakeholder perceptions positively.
Gold Road Resources Ltd announced a change in the director’s interest, specifically for Maree Naomi Arnason, with an acquisition of 351 fully paid ordinary shares through a Dividend Reinvestment Plan. This change reflects a minor adjustment in the director’s indirect interest holdings, increasing the total to 59,385 shares, and may indicate a continued confidence in the company’s growth prospects.
Gold Road Resources Ltd announced a change in the director’s interest, specifically for Timothy Carl Netscher, who acquired 5,041 fully paid ordinary shares through the company’s Dividend Reinvestment Plan. This change reflects an increase in Netscher’s direct and indirect holdings, indicating confidence in the company’s financial strategies and potential growth, which could positively influence stakeholder perceptions and market positioning.
Gold Road Resources Ltd has announced the application for the quotation of 1,238,955 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a dividend or distribution plan and is expected to enhance the company’s market presence and provide additional value to its stakeholders.
Gold Road Resources Ltd has announced initial results from its Gruyere underground drilling program, which aims to confirm the extension of the ore body at depth. The results from 13 infill drillholes indicate the quality and continuity of the ore body, suggesting potential for profitable underground mining. This development could extend the life of the Gruyere gold mine beyond 2032, potentially adding significant value for shareholders.
Gold Road Resources Ltd has appointed Brian Massey as General Manager of Investor Relations and Corporate Development. With extensive experience in capital markets and the resources sector, Massey’s appointment is expected to enhance Gold Road’s strategic growth and investor engagement, particularly as the company remains debt-free and focused on delivering shareholder value through disciplined investment and consistent dividends.
Van Eck Associates Corporation has reduced its substantial holding in Gold Road Resources Ltd, decreasing its voting power from 9.24% to 8.11%. This change reflects a shift in investment strategy or portfolio adjustment by Van Eck, which could impact Gold Road Resources’ shareholder dynamics and influence future corporate decisions.
Gold Road Resources Ltd has announced that BlackRock Group, including BlackRock Inc. and its subsidiaries, has ceased to be a substantial holder of the company’s voting securities as of March 21, 2025. This change in substantial holding could impact the company’s shareholder structure and influence, potentially affecting its market positioning and stakeholder interests.
Gold Road Resources Ltd has updated its previous announcements regarding the Dividend Reinvestment Plan price, including a discount, for the dividend distribution related to the six-month period ending December 31, 2024. This update, announced on March 20, 2025, reflects changes from earlier announcements made on February 21 and March 5, 2025. The announcement details the record date as February 27, 2025, and the ex-date as February 26, 2025, with the payment date yet to be specified. This update is significant for stakeholders as it provides clarity on the financial arrangements and potential benefits for shareholders participating in the reinvestment plan.
Gold Road Resources Ltd has announced that its Annual General Meeting (AGM) will be held on 16 May 2025, with the election of directors as a key agenda item. The deadline for director nominations is set for 25 March 2025, and this announcement is part of the company’s compliance with ASX Listing Rules, indicating a routine governance process that could impact the company’s leadership structure.
Gold Road Resources Ltd has updated its previous announcement regarding the dividend distribution for the period ending December 31, 2024. The update specifies the exchange rate used for converting the Australian dollar-denominated dividend into New Zealand dollars, reflecting the company’s commitment to transparency and accuracy in financial reporting. This announcement may affect stakeholders, particularly those in New Zealand, by providing clarity on the dividend conversion process.
Gold Road Resources Ltd has announced that BlackRock Group, including BlackRock Inc. and its subsidiaries, has ceased to be a substantial holder in the company as of February 28, 2025. This change in substantial holding could impact the company’s shareholder structure and influence, potentially affecting its market position and stakeholder interests.
Gold Road Resources Ltd has released its February 2025 Investor Presentation to the ASX Market Announcements Platform, in line with its Continuous Disclosure Policy. This move is expected to provide stakeholders with updated insights into the company’s strategic direction and operational performance, potentially impacting its market standing and investor relations.
Gold Road Resources Ltd has announced a change in the director’s interest, specifically involving Duncan Gibbs, who has indirect interests through Stockbridge Holdings Pty Ltd as Trustee for the Stockbridge Trust. The change includes the acquisition and disposal of unlisted performance rights as part of the company’s executive remuneration package. This adjustment reflects the company’s ongoing commitment to aligning executive incentives with performance, which may impact the company’s operational focus and stakeholder interests.
Gold Road Resources Ltd has announced the quotation of 1,139,015 ordinary fully paid securities on the Australian Securities Exchange (ASX). These securities were issued under an employee incentive scheme and are not subject to transfer restrictions, indicating a strategic move to enhance employee engagement and potentially improve company performance.
Gold Road Resources Ltd has released its 2024 Annual Financial Results through an investor presentation, which is now available on the ASX Market Announcements Platform. This disclosure aligns with the company’s policy of continuous transparency and is expected to provide insights into the company’s financial health and future prospects, potentially impacting stakeholders’ views and investment decisions.
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.
Gold Road Resources Ltd announced the release of its 2024 Annual Financial Results scheduled for 21 February 2025, along with an investor and analyst conference call and webcast to discuss the results. The announcement highlights the company’s commitment to transparency and engagement with stakeholders, and the webcast will provide an opportunity for participants to submit questions, emphasizing Gold Road’s focus on interactive communication with its investors.
Gold Road Resources Ltd has released an investor presentation ahead of its briefing at the Bell Potter Unearthed Conference, in line with its Continuous Disclosure Policy. This presentation underscores the company’s commitment to transparency and engagement, potentially impacting its investor relations and market perception positively.
Gold Road Resources Ltd announced record gold production and sales from its Gruyere Gold Mine for the December quarter of 2024, achieving 91,631 ounces at a reduced All-in Sustaining Cost (AISC) and a notable increase in cash flow. The company’s financial health appears robust with increased operating cash flow and free cash flow, as well as a significant rise in cash and equivalents. The announcement also highlighted the Yamarna Mine Readiness Project’s promising new ore reserve and outlined ongoing and future exploration efforts, emphasizing the company’s strategic growth initiatives and its impact on future production capabilities.