GOLD ROAD RESOURCES reduced its risk exposure resulting in an upgrade to Slightly Positive
GOLD ROAD RESOURCES (AU), a company active in the Gold Mining industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 3 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date March 1, 2022, the closing price was AUD 1.48 and its potential was estimated at AUD 1.73.Gold Road Resources is engaged in mineral exploration and development in Western Australia. Co. is involved in the development of Australia's goldfield, the Yamarna Belt located 200 kilometres east of Laverton in Western Australia. Co. holds interests in tenements covering approx. 5,000 sq. km. in the region.
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