Gold Road Resources (OTCMKTS:ELKMF) Trading Down 5.1% – What’s Next?

Shares of Gold Road Resources Limited (OTCMKTS:ELKMFGet Free Report) traded down 5.1% during trading on Friday . The stock traded as low as $2.05 and last traded at $2.05. 2,000 shares changed hands during mid-day trading, a decline of 63% from the average session volume of 5,338 shares. The stock had previously closed at $2.16.

Gold Road Resources Price Performance

The firm’s fifty day moving average price is $2.13 and its 200 day moving average price is $1.84.

Gold Road Resources Company Profile

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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.

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