Gold Road Resources (ELKMF) Stock Price, News & Analysis

Company Overview

Gold Road Resources (OTCMKTS: ELKMF) is an Australian gold exploration and development company focused on identifying and advancing high‐quality gold deposits in Western Australia. Incorporated in 2003 and headquartered in Perth, the company’s primary asset is the Gruyere gold project, a joint venture with Gold Fields Limited that marked its transition from explorer to producer. Gruyere is situated approximately 130 kilometers east of Laverton in the Yamarna Belt, a prolific gold corridor in the state’s northeastern Goldfields region.

The Gruyere project entered commercial production in mid-2019 and has since been the cornerstone of Gold Road’s operational portfolio. The mine benefits from low strip ratios and modern processing infrastructure, including a carbon‐in‐leach plant designed for an initial throughput of two million tonnes per annum. In addition to its interest in Gruyere, Gold Road holds an extensive portfolio of exploration tenements in the Yamarna region, where ongoing drilling programs aim to delineate further resources and extend mine life. The company’s exploration strategy emphasizes brownfields expansion and discovery drilling along strike and at depth around existing deposits.

Under the leadership of Managing Director and Chief Executive Officer Duncan Gibbs, Gold Road has transitioned to a stable producer while maintaining its focus on resource growth and operational excellence. The company operates with an emphasis on safety, environmental stewardship, and community engagement, collaborating with local stakeholders and Indigenous groups in the Laverton region. Through its partnership with Gold Fields and a disciplined approach to capital allocation, Gold Road Resources continues to position itself as a significant mid-tier gold producer in Western Australia.

Key Stats

• Today's Range: $2.36 to $2.36
• 50-Day Range: $1.73 to $2.41
• 52-Week Range: $0.99 to $2.46
• Volume: 600 shs
• Average Volume: 4,664 shs
• Market Capitalization: N/A
• P/E Ratio: 2,622.22
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Gold Road Resources Stock Analysis - MarketRank™

Gold Road Resources scored higher than 2% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Gold Road Resources.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Gold Road Resources is 2,622.22, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 233.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Gold Road Resources is 2,622.22, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 160.11.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Gold Road Resources has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gold Road Resources has recently decreased by 94.09%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Gold Road Resources does not currently pay a dividend.

Dividend Growth

Gold Road Resources does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Gold Road Resources has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gold Road Resources has recently decreased by 94.09%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 2 news articles for Gold Road Resources this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Gold Road Resources insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 13.23% of the stock of Gold Road Resources is held by institutions.

ELKMF Stock Analysis - Frequently Asked Questions

How have ELKMF shares performed this year?

Gold Road Resources' stock was trading at $1.31 at the start of the year. Since then, ELKMF stock has increased by 80.2% and is now trading at $2.36.

How do I buy shares of Gold Road Resources?

Shares of ELKMF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:ELKMF
• CIK: N/A
• Web: www.goldroad.com.au
• Phone: (189) 200-1600
• Fax: N/A
• Employees: 73
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 2,622.22
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A