Gold Road Resources Limited (ASX:GOR – Get Free Report) insider Timothy Netscher purchased 16,621 shares of Gold Road Resources stock in a transaction dated Tuesday, November 19th. The shares were purchased at an average price of A$1.80 ($1.17) per share, for a total transaction of A$29,834.70 ($19,373.18).
Gold Road Resources Price Performance
The company has a quick ratio of 2.68, a current ratio of 2.26 and a debt-to-equity ratio of 12.99.
Gold Road Resources Cuts Dividend
The business also recently announced a Interim dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.005 per share. This represents a yield of 0.3%. The ex-dividend date of this dividend was Wednesday, August 28th. Gold Road Resources’s payout ratio is presently 22.22%.
About Gold Road Resources
Gold Road Resources Limited, together with its subsidiaries, engages in the exploration of gold properties in Western Australia. It owns 50% interest in the Gruyere gold mine located in north-east of Perth. The company was formerly known as Eleckra Mines Limited and changed its name to Gold Road Resources Limited in November 2010.
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