Gold Road Resources Limited (GOR) to Issue Final Dividend of $0.02 on March 30th

Gold Road Resources Limited (ASX:GOR) announced a final dividend on Monday, February 24th, MarketIndexAU Dividends reports. Investors of record on Sunday, March 30th will be paid a dividend of 0.015 per share on Sunday, March 30th. This represents a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, February 25th. This is an increase from Gold Road Resources’s previous final dividend of $0.01.

Gold Road Resources Stock Performance

The firm has a market cap of $2.80 billion, a price-to-earnings ratio of 27.11, a PEG ratio of 0.90 and a beta of 0.62. The company has a quick ratio of 2.68, a current ratio of 2.26 and a debt-to-equity ratio of 12.99.

Insider Transactions at Gold Road Resources

In other Gold Road Resources news, insider Duncan Gibbs bought 266,475 shares of the stock in a transaction on Monday, February 24th. The shares were purchased at an average price of A$2.52 ($1.61) per share, with a total value of A$671,517.00 ($427,717.83). 5.31% of the stock is owned by corporate insiders.

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.