Technical Analysis for GOR - Gold Road Resources Ltd  

Grade Last Price % Change Price Change
B 1.610 -1.83% -0.030
GOR closed down 1.83 percent on Friday, April 19, 2024, on 1.74 times normal volume.
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ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Calm After Storm Range Contraction 0.00%
Outside Day Range Expansion 0.00%
Gapped Down Weakness 0.00%
Calm After Storm Range Contraction -1.83%
NR7 Range Contraction -1.83%
Narrow Range Bar Range Contraction -1.83%
Inside Day Range Contraction -1.83%
MACD Bearish Signal Line Cross Bearish -1.83%
Crossed Above 20 DMA Bullish -1.83%

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Gold Road Resources Ltd   Description

Gold Road Resources Limited is engaged in mineral exploration and development in Western Australia. The Company is involved in the development of the Yamarna greenstone Belt, which is located approximately 150 kilometers east of Laverton in Western Australia. It holds interests in tenements, covering approximately 5,000 square kilometers in the Yamarna greenstone Belt. Its tenements contain a gold resource of approximately 6.6 million ounces, including approximately 6.2 million ounces at the Gruyere deposit. Its projects include the Gruyere project, Yamarna Belt-Central Bore Trend, Yamarna Belt-Attila Trend and Gold Road. Gruyere project has width that ranges from 7 meters (m) to 190 m with an average width of 90 m. The Gruyere project's mineral resource amounts to approximately 96.93 million tons at approximately 1.23 gram per ton (g/t), and is based on a total of over 38,000 m of drilling, which includes approximately 11,600 m of diamond and over 26,400 m of Reverse Circulation.


Classification

Sector: Basic Materials
Industry: Gold
Keywords: Exploration Gold Mineral Exploration Drilling Greenstone Belt Diamond Laverton Yam Petrology Metamorphic Petrology 3 G

Is GOR a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 2.026
52 Week Low 1.3556
Average Volume 5,083,540
200-Day Moving Average 1.675
50-Day Moving Average 1.550
20-Day Moving Average 1.641
10-Day Moving Average 1.696
Average True Range 0.063
RSI (14) 48.19
ADX 24.43
+DI 21.965
-DI 27.316
Chandelier Exit (Long, 3 ATRs) 1.642
Chandelier Exit (Short, 3 ATRs) 1.688
Upper Bollinger Bands 1.806
Lower Bollinger Band 1.477
Percent B (%b) 0.4
BandWidth 20.009
MACD Line 0.027
MACD Signal Line 0.038
MACD Histogram -0.0112
Fundamentals Value
Market Cap 1.42 Billion
Num Shares 880 Million
EPS 0.04
Price-to-Earnings (P/E) Ratio 40.25
Price-to-Sales 21.79
Price-to-Book 2.96
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.708
Resistance 3 (R3) 1.715 1.690 1.691
Resistance 2 (R2) 1.690 1.665 1.686 1.686
Resistance 1 (R1) 1.650 1.650 1.643 1.643 1.680
Pivot Point 1.625 1.625 1.621 1.621 1.625
Support 1 (S1) 1.585 1.600 1.578 1.578 1.540
Support 2 (S2) 1.560 1.585 1.556 1.534
Support 3 (S3) 1.520 1.560 1.529
Support 4 (S4) 1.513