Gold Road Resources Ltd (ASX:GOR) shares traded down 0.5% during mid-day trading on Tuesday . The stock traded as low as A$1.01 ($0.71) and last traded at A$1.03 ($0.73), 4,679,126 shares were traded during mid-day trading. An increase of 402% from the average session volume of 932,759 shares. The stock had previously closed at A$1.03 ($0.73).
The firm has a 50 day simple moving average of A$1.28 and a 200-day simple moving average of A$1.14. The company has a quick ratio of 1.60, a current ratio of 1.91 and a debt-to-equity ratio of 57.69. The company has a market cap of $900.86 million and a PE ratio of -27.70.
In other Gold Road Resources news, insider Justin Osborne 426,229 shares of the stock in a transaction that occurred on Tuesday, September 10th.
Gold Road Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Australia. The company primarily explores for gold deposits. It focuses on developing the Yamarna Belt, which covers an area of 6,000 square kilometers located to the east of Laverton in Western Australia.
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