Potential Buy Entry Alert GOR
Time Frame : Weekly
Sector : Materials/Basic Materials
Key Stats : $644.96 Million Market Cap, VWAP 0.725, ASX Ranking 299, 4 Week Av Turnover $650,239, PE Ratio 2.8.
Company Overview : Gold Road Resources Limited (GOR) is a gold exploration company which owns tenements covering over 5,000sqkm of the Yamarna greenstone belt in Western Australia. GOR currently develops three project areas, namely, Gruyere, Attila Trend and Central Bore Trend.
GOR – Gold Road Resources Limited
GOR has been retreating from the highs since April and we see the current price as a prime position for buyers to start stepping back into the action. We are now watching for a kick higher and then a higher low for further confirmation of buying pressure.
Stock Code : GOR – Gold Road Reources Limited
Company Website : www.goldroad.com.au
Current Price : 0.722
Status : On watch for a buy entry setup