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Gold Road Resources Announces Director’s Shareholding Adjustment

Story Highlights
  • Gold Road Resources focuses on gold exploration and development in Australia.
  • Director Timothy Netscher transferred 180,000 shares, altering his direct and indirect holdings.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gold Road Resources Announces Director’s Shareholding Adjustment

Confident Investing Starts Here:

An update from Gold Road Resources Ltd ( (AU:GOR) ) is now available.

Gold Road Resources Ltd announced a change in the director’s interest notice involving Timothy Carl Netscher. The change involved an off-market transfer of 180,000 fully paid ordinary shares from the Netscher Super Pty Ltd ATF the Netscher Family Superannuation Fund to Mr. Netscher directly, valued at $608,400. This adjustment increases Mr. Netscher’s direct holdings to 697,940 shares while reducing his indirect holdings to 153,328 shares. This transfer reflects a strategic reallocation of Mr. Netscher’s investment portfolio within the company.

The most recent analyst rating on (AU:GOR) stock is a Buy with a A$1.90 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 within the mining industry, focusing primarily on the exploration and development of gold resources. The company is known for its activities in the gold mining sector, with a particular emphasis on projects located in Australia.

Average Trading Volume: 8,610,974

Technical Sentiment Signal: Buy

Current Market Cap: A$3.65B

See more insights into GOR stock on TipRanks’ Stock Analysis page.

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