Gold Road Resources Limited (ASX:GOR – Get Free Report) insider Timothy Netscher acquired 16,621 shares of the firm’s stock in a transaction on Tuesday, November 19th. The stock was bought at an average price of A$1.80 ($1.17) per share, with a total value of A$29,834.70 ($19,373.18).
Gold Road Resources Price Performance
The company has a debt-to-equity ratio of 12.99, a current ratio of 2.26 and a quick ratio of 2.68.
Gold Road Resources Cuts Dividend
The company also recently disclosed a Interim dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, September 26th were given 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 dividend payout ratio is currently 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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