Gold Road Resources Limited (ASX:GOR) Increases Dividend to $0.02 Per Share

Gold Road Resources Limited (ASX:GOR) declared a final dividend on Monday, February 24th, MarketIndexAU Dividends reports. Shareholders of record on Sunday, March 30th will be given a dividend of 0.015 per share on Sunday, March 30th. This represents a yield of 0.6%. The ex-dividend date is Tuesday, February 25th. This is an increase from Gold Road Resources’s previous final dividend of $0.01.

Gold Road Resources Price Performance

The company has a debt-to-equity ratio of 12.99, a current ratio of 2.26 and a quick ratio of 2.68. The stock has a market cap of $2.80 billion, a P/E ratio of 27.11, a PEG ratio of 0.90 and a beta of 0.62.

About Gold Road Resources

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.