GOR Stock Overview
Gold Road Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Western Australia.
No risks detected for GOR from our risk checks.
Gold Road Resources Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.45|
|52 Week High||AU$1.67|
|52 Week Low||AU$1.04|
|1 Month Change||-4.62%|
|3 Month Change||8.24%|
|1 Year Change||19.42%|
|3 Year Change||112.50%|
|5 Year Change||144.92%|
|Change since IPO||572.09%|
Recent News & Updates
|GOR||AU Metals and Mining||AU Market|
Return vs Industry: GOR exceeded the Australian Metals and Mining industry which returned 9% over the past year.
Return vs Market: GOR exceeded the Australian Market which returned 10.4% over the past year.
|GOR Average Weekly Movement||4.7%|
|Metals and Mining Industry Average Movement||10.6%|
|Market Average Movement||8.4%|
|10% most volatile stocks in AU Market||15.2%|
|10% least volatile stocks in AU Market||3.6%|
Stable Share Price: GOR is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: GOR's weekly volatility (5%) has been stable over the past year.
About the Company
Gold Road Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Western Australia. The company primarily explores for gold deposits. The company owns 50% of the Gruyere gold mine, which was developed in joint venture (JV) with Gold Fields Ltd.
Gold Road Resources Fundamentals Summary
|GOR fundamental statistics|
Is GOR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GOR income statement (TTM)|
|Cost of Revenue||AU$162.06m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.087|
|Net Profit Margin||26.47%|
How did GOR perform over the long term?See historical performance and comparison
0.7%Current Dividend Yield
Is Gold Road Resources undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GOR (A$1.45) is trading below our estimate of fair value (A$4.1)
Significantly Below Fair Value: GOR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GOR is good value based on its PE Ratio (16.6x) compared to the Australian Metals and Mining industry average (16.8x).
PE vs Market: GOR is good value based on its PE Ratio (16.6x) compared to the Australian market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: GOR is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: GOR is overvalued based on its PB Ratio (3x) compared to the AU Metals and Mining industry average (2.8x).
How is Gold Road Resources forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GOR's forecast earnings growth (26.3% per year) is above the savings rate (1.9%).
Earnings vs Market: GOR's earnings (26.3% per year) are forecast to grow faster than the Australian market (11.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GOR's revenue (15.3% per year) is forecast to grow faster than the Australian market (4.9% per year).
High Growth Revenue: GOR's revenue (15.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GOR's Return on Equity is forecast to be low in 3 years time (20%).
How has Gold Road Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GOR has high quality earnings.
Growing Profit Margin: GOR's current net profit margins (26.5%) are higher than last year (16.9%).
Past Earnings Growth Analysis
Earnings Trend: GOR has become profitable over the past 5 years, growing earnings by -26.6% per year.
Accelerating Growth: GOR's earnings growth over the past year (114.5%) exceeds its 5-year average (-26.6% per year).
Earnings vs Industry: GOR earnings growth over the past year (114.5%) exceeded the Metals and Mining industry 35.3%.
Return on Equity
High ROE: GOR's Return on Equity (17.9%) is considered low.
How is Gold Road Resources's financial position?
Financial Position Analysis
Short Term Liabilities: GOR's short term assets (A$157.8M) exceed its short term liabilities (A$51.6M).
Long Term Liabilities: GOR's short term assets (A$157.8M) exceed its long term liabilities (A$150.0M).
Debt to Equity History and Analysis
Debt Level: GOR is debt free.
Reducing Debt: GOR had no debt 5 years ago.
Debt Coverage: GOR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GOR has no debt, therefore coverage of interest payments is not a concern.
What is Gold Road Resources's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GOR's dividend (0.69%) isn’t notable compared to the bottom 25% of dividend payers in the Australian market (2.18%).
High Dividend: GOR's dividend (0.69%) is low compared to the top 25% of dividend payers in the Australian market (5.39%).
Stability and Growth of Payments
Stable Dividend: GOR is not paying a notable dividend for the Australian market, therefore no need to check if payments are stable.
Growing Dividend: GOR is not paying a notable dividend for the Australian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: GOR is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GOR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Duncan Gibbs has been Managing Director & CEO at Gold Road Resources Ltd. since September 17, 2018 and has been its Director since September 2018. Mr. Gibbs has been Sunrise Dam General Manager of Angl...
CEO Compensation Analysis
Compensation vs Market: Duncan's total compensation ($USD915.36K) is about average for companies of similar size in the Australian market ($USD934.40K).
Compensation vs Earnings: Duncan's compensation has been consistent with company performance over the past year.
Experienced Management: GOR's management team is considered experienced (3.8 years average tenure).
Experienced Board: GOR's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Gold Road Resources Limited's employee growth, exchange listings and data sources
- Name: Gold Road Resources Limited
- Ticker: GOR
- Exchange: ASX
- Founded: 2004
- Industry: Gold
- Sector: Materials
- Implied Market Cap: AU$1.274b
- Shares outstanding: 881.92m
- Website: https://www.goldroad.com.au
Number of Employees
- Gold Road Resources Limited
- 26 Colin Street
- Level 2
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/17 16:28|
|End of Day Share Price||2022/01/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.