Long
$GOR $GOR.ax Emerging from multi-month consolidation
GOR is emerging from a multi-month consolidation down trend, as indicated on the Daily and Weekly Timeframes. This is lining up with the rising Gold Price, which is testing 1900 levels and appears ready for the new leg up. Gold producers follow the movement of the gold price.
Key Points:
- GOR has long life mines and is de-risked
- GOR has the potential to be a take over target
- Rising gold prices are set to continue
Gold Road Resources Ltd. operates as a gold exploration company. It focuses on developing the Yamarna Belt comprising Gruyere, Central Bore and Attila projects. The firm operates through Development & Production and Exploration business segments. The Development & Production includes Gruyere joint operation with gold fields, which transitioned from development to production phase during the year. The Exploration segment includes the activities on all mineral exploration, including all joint venture tenements. The company was founded on May 28, 2004 and is headquartered in West Perth, Australia.
Key Points:
- GOR has long life mines and is de-risked
- GOR has the potential to be a take over target
- Rising gold prices are set to continue
Gold Road Resources Ltd. operates as a gold exploration company. It focuses on developing the Yamarna Belt comprising Gruyere, Central Bore and Attila projects. The firm operates through Development & Production and Exploration business segments. The Development & Production includes Gruyere joint operation with gold fields, which transitioned from development to production phase during the year. The Exploration segment includes the activities on all mineral exploration, including all joint venture tenements. The company was founded on May 28, 2004 and is headquartered in West Perth, Australia.
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.