Gold Road Resources Limited

ASX GOR.AX

Gold Road Resources Limited Debt to Equity Ratio for the year ending December 31, 2023: 0.14

Gold Road Resources Limited Debt to Equity Ratio is 0.14 for the year ending December 31, 2023, a -7.35% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Gold Road Resources Limited Debt to Equity Ratio for the year ending December 31, 2022 was 0.15, a -43.75% change year over year.
Gold Road Resources Limited Debt to Equity Ratio for the year ending December 31, 2021 was 0.26, a -5.29% change year over year.
Gold Road Resources Limited Debt to Equity Ratio for the year ending December 31, 2020 was 0.28, a -53.62% change year over year.
Gold Road Resources Limited Debt to Equity Ratio for the year ending December 31, 2019 was 0.60, a 71.84% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

ASX: GOR.AX

Gold Road Resources Limited

CEO	Mr. Duncan Gibbs
IPO Date	July 4, 2006
Location	Australia
Headquarters	26 Colin Street
Employees	73
Sector	Materials
Industries Mining Gold

Description

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. It owns 50% interest in the Gruyere gold mine, which was developed in joint venture (JV) with Gold Fields Ltd. The Gruyere JV has mineral resources of 7.38 million ounces, including an ore reserve of 4.45 million ounces. The company also controls 100% of tenements covering 4,000 square kilometers across Yamarna with a mineral resource of 0.51 million ounces. The company was formerly known as Eleckra Mines Limited and changed its name to Gold Road Resources Limited in November 2010. Gold Road Resources Limited was incorporated in 2004 and is based in West Perth, Australia.

Key trends

Past 5 years