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New Buy Entry Alert GOR
Time Frame : Daily/Weekly
Sector : Materials/Basic Materials
Key Stats : $834.08 Million Market Cap, VWAP 0.945, ASX Ranking 261, 4 Week Av Turnover $1,055,745, Current Turnover (Intraday as at time of alert) $392,003.
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 WA. The Company currently develops project areas, namely, Gruyere and the Golden Highway.
Broker Consensus : BUY
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GOR – Gold Road Resources Limited
GOR is primed for a spike to new highs as buyers hold higher levels. We are happy to buy on a push up through 0.97 and will hold a stop loss at 0.905. If price pushes down through 0.905 prior to entry, then happy to cancel the alert and re-assess the action.
Stock Code : GOR – Gold Road Resources Limited
Company Website : www.goldroad.com.au
Current Price : 0.95
New Potential Buy Entry (Trigger Level) : 0.97
Potential Sell Exit Zone (Stop Loss) : 0.905
Status : On watch for buy entry trigger
