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Gold Road and Gold Fields are jointly developing the Gruyere gold project in WA.

JV partner buys $64m stake in Gold Road

South African mining giant Gold Fields has spent $64.3 million to increase its stake in Perth-based Gold Road Resources to 10 per cent, as the two companies jointly develop the Gruyere project.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
255thRedbank Copper0%0%
292ndGold Road Resources-7%46%
519thBass Metals-39%27%
646thEuropean Metals-55%9%
722ndEuropean Lithium-66%4%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

20/12/18
$40k Bought
02/08/18
$0 Issued
02/08/18
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

139th↑Gold Road Resources$665k
141st↑European Lithium$659k
142nd↑Redbank Copper$658k
144th↑European Metals$646k
145th↓Bass Metals$631k
513 listed resources companies ranked by revenue.
Source: Morningstar

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