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An update from Gold Road Resources Ltd ( (AU:GOR) ) is now available.
Gold Road Resources Ltd has announced a proposed acquisition by Gruyere Holdings Pty Ltd, a subsidiary of Gold Fields Limited, to acquire 100% of its shares through a scheme of arrangement. This acquisition, if approved, could significantly impact Gold Road’s operations by integrating it into Gold Fields’ portfolio, potentially enhancing its market position and providing value to its shareholders.
The most recent analyst rating on (AU:GOR) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on Gold Road Resources Ltd stock, see the AU:GOR Stock Forecast page.
More about Gold Road Resources Ltd
Gold Road Resources Ltd is a company operating in the mining industry, primarily focused on gold exploration and production. The company is known for its involvement in the Gruyere Gold Project, which is a significant gold mining operation in Western Australia.
YTD Price Performance: 67.32%
Average Trading Volume: 6,215,528
Technical Sentiment Signal: Buy
Current Market Cap: A$3.7B
See more insights into GOR stock on TipRanks’ Stock Analysis page.