GOLD ROAD RESOURCES LIMITED (GOR)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

GOR - GOLD ROAD RESOURCES LIMITED

FNArena Sector : Gold & Silver
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: 0.68
Index: ASX200 | ASX300 | ALL-ORDS

Gold Road is an Australian gold producer and explorer with interests in the Yamarna Greenstone Belt in Western Australia. It listed in 2006 under the name Eleckra Mines and changed name in 2010.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.935

07 Dec
2023

0.000

OPEN

$1.93

0.000

HIGH

$1.95

3,304,949

LOW

$1.90

TARGET
$2.138 10.5% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
A1M . ADT . ALK . AMI . AUT . BC8 . BEZ . BGL . CAI . CEL . CMM . CNB . CVV . CYL . DEG . EMR . EVN . EVR . FND . GMD . GPR . HGO . IGO . KCN . KGL . MAU . MEI . MZZ . NEM . NST . NVA . OBM . ORR . PDI . PNR . PRU . RED . RMS . RRL . RSG . SBM . SLR . SPR . SSR . STM . STN . SVL . TBR . TIE . TTM . WAF . WGX .
FNARENA'S MARKET CONSENSUS FORECASTS
GOR: 1
Title FY21
Actual		 FY22
Actual		 FY23
Forecast		 FY24
Forecast
EPS (cps) xxx 6.5 12.9 xxx
DPS (cps) xxx 1.5 2.8 xxx
EPS Growth xxx 55.3% 98.4% xxx
DPS Growth xxx 50.0% 84.4% xxx
PE Ratio xxx N/A 15.0 xxx
Dividend Yield xxx N/A 1.4% xxx
Div Pay Ratio(%) xxx 23.1% 21.5% xxx

Dividend yield today if purchased 3 years ago: 1.18%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.78

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 01/09 - ex-div 1.2c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx6.5
DPS All xxxxxxxxxxxxxxx1.5
Sales/Revenue xxxxxxxxxxxxxxx382.9 M
Book Value Per Share xxxxxxxxxxxxxxx77.3
Net Operating Cash Flow xxxxxxxxxxxxxxx132.2 M
Net Profit Margin xxxxxxxxxxxxxxx16.63 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx10.00 %
Return on Invested Capital xxxxxxxxxxxxxxx8.56 %
Return on Assets xxxxxxxxxxxxxxx7.42 %
Return on Equity xxxxxxxxxxxxxxx10.00 %
Return on Total Capital xxxxxxxxxxxxxxx12.88 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx70.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201720182019202020212022
Short-Term Debt xxxxxxxxxxxxxxx12 M
Long Term Debt xxxxxxxxxxxxxxx110 M
Total Debt xxxxxxxxxxxxxxx123 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx74 M
Price To Book Value xxxxxxxxxxxxxxx2.19

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201720182019202020212022
Capex xxxxxxxxxxxxxxx51.2 M
Capex % of Sales xxxxxxxxxxxxxxx13.37 %
Cost of Goods Sold xxxxxxxxxxxxxxx279 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx6 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx407 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

xx/xx/xxxx

1

xxxxxxxxxxx xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

27/10/2023

1

Outperform

$2.00

3.36%

Gold Road Resources' Sep Q production was 6% ahead of Macquarie's estimates while costs were -8% lower. FY24 production and cost guidance were reiterated. Gold sold during the period was a 6% beat.

The miner has highlighted that total material movement is expected to rise in the Dec Q enabled by improved drill and blast activity and
additional mining fleet.

Gruyere achieving consistent mill throughput of 9.5Mtpa in the longer term is important to the broker's base case.

Outperform and $2.00 target retained.

FORECAST
Macquarie forecasts a full year FY23 dividend of 3.40 cents and EPS of 11.90 cents.
Macquarie forecasts a full year FY24 dividend of 1.90 cents and EPS of 8.90 cents.

Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >

GOR STOCK CHART

FNArena News on GOR

1
Australian Broker Call *Extra* Edition – Nov 29, 2023

Nov 29 2023 - Daily Market Reports
2
Material Matters: Crude Oil And Five Gold Miners

Nov 23 2023 - Commodities
3
Northern Star: All About KCGM

Nov 15 2023 - Australia
4
ESG Focus: Day Of The TRIFRS

Nov 09 2023 - ESG Focus
5
In Brief: US Autoworkers; Supermarkets; The Economy; And Gold Miners

Sep 15 2023 - Weekly Reports

Latest Gold & Silver News

1
They Say You Want An Evolution

Dec 05 2023 - Technicals
2
Northern Star: All About KCGM

Nov 15 2023 - Australia
3
Material Matters: Gold, Iron Ore & Met Coal

Sep 19 2023 - Commodities
4
Australian Gold Miners: Positive Signs

Aug 30 2023 - Technicals
5
Gold: Major Low Locked In

Jul 20 2023 - Technicals
6
The Case For Australian Gold Miners

Jul 14 2023 - Commodities
7
Capricorn Metals; New Gold Standard Rising

Jun 20 2023 - Small Caps
8
Gold: Blue Sky Ahead?

May 10 2023 - Technicals
9
Gold: Stick With It

Apr 20 2023 - Technicals
10
Evolution Mining Setbacks Polarise Views

Apr 12 2023 - Australia