Gold Road Resources Limited (ASX:GOR) Insider Timothy Netscher Acquires 16,621 Shares

Gold Road Resources Limited (ASX:GOR) insider Timothy Netscher acquired 16,621 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The shares were purchased at an average cost of A$1.80 ($1.17) per share, for a total transaction of A$29,834.70 ($19,373.18).

Gold Road Resources Stock Performance

The company has a current ratio of 2.26, a quick ratio of 2.68 and a debt-to-equity ratio of 12.99.

Gold Road Resources Cuts Dividend

The firm also recently declared a Interim dividend, which was paid on Thursday, September 26th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.005 per share. This represents a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, August 28th. Gold Road Resources’s 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.