Gold Road Resources (OTCMKTS:ELKMF) Stock Rating Lowered by Jefferies Financial Group

Gold Road Resources (OTCMKTS:ELKMF – Get Rating) was downgraded by equities research analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a research report issued on Wednesday, The Fly reports.

Gold Road Resources Stock Performance

ELKMF stock opened at $1.22 on Wednesday. Gold Road Resources has a 12-month low of $0.75 and a 12-month high of $1.25. The company has a 50 day moving average of $1.07 and a two-hundred day moving average of $1.08.

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Gold Road Resources Company Profile

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Gold Road Resources Ltd. operates as a gold exploration company. It focuses on developing the Yamarna Belt comprising Gruyere, Central Bore and Attila projects. The firm operates through Development & Production and Exploration business segments. The Development & Production includes Gruyere joint operation with gold fields, which transitioned from development to production phase during the year.

Further Reading

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