Duncan Gibbs Sells 200,000 Shares of Gold Road Resources Limited (ASX:GOR) Stock

Gold Road Resources Limited (ASX:GOR – Get Rating) insider Duncan Gibbs sold 200,000 shares of the stock in a transaction that occurred on Tuesday, March 14th. The shares were sold at an average price of A$1.51 ($1.01), for a total transaction of A$302,000.00 ($201,333.33).

Duncan Gibbs also recently made the following trade(s):

• On Tuesday, March 7th, Duncan Gibbs sold 100,000 shares of Gold Road Resources stock. The shares were sold at an average price of A$1.50 ($1.00), for a total transaction of A$150,000.00 ($100,000.00).
• On Friday, February 24th, Duncan Gibbs bought 517,649 shares of Gold Road Resources stock. The shares were acquired at an average cost of A$1.45 ($0.97) per share, with a total value of A$750,591.05 ($500,394.03).
• On Tuesday, February 21st, Duncan Gibbs bought 95,192 shares of Gold Road Resources stock. The shares were acquired at an average cost of A$1.45 ($0.97) per share, with a total value of A$138,028.40 ($92,018.93).

Gold Road Resources Price Performance

The company has a debt-to-equity ratio of 14.73, a current ratio of 2.27 and a quick ratio of 2.68.

Gold Road Resources Cuts Dividend

The company also recently declared a Final dividend, which will be paid on Sunday, March 26th. Investors of record on Sunday, March 26th will be given a $0.005 dividend. The ex-dividend date is Tuesday, February 28th. This represents a dividend yield of 0.34%. Gold Road Resources’s dividend payout ratio (DPR) is presently 14.29%.

About Gold Road Resources

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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.