GOR 2.70% $1.71 gold road resources limited

if GOR are $2.50 in a couple of months it would be Because of...

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    if GOR are $2.50 in a couple of months it would be Because of the DEG factor ioho !?!
    here is part of Today's m/fool article!
    Which ASX 200 gold stocks are buys?

    The first gold share to look at is De Grey Mining Limited (ASX: DEG). Goldman has a buy rating and $1.45 price target on its shares, which implies potential upside of 12% for investors from current levels.
    It believes the gold developer could be a top option due to its tier one Hemi asset. The broker also sees the world class deposit as a potential takeover option for a larger player. It said:
    While historically mining stocks tend to underperform through the execution and ramp-up phase of a project, we expect with Hemi positioned as a Tier 1 asset of global scale that post-DFS it remains an attractive potential strategic consolidation target.
    Another ASX 200 gold stock that could be a buy according to the broker is Evolution Mining Ltd (ASX: EVN).
    However, with a buy rating and $4.00 price target on the miner's shares, this implies only modest upside for investors from current levels. It said:
    Of the larger cap names EVN (Buy) remains our preference to NST (Neutral) on near-term FCF, and with exposure to further increases in copper pricing (~30% of EVN's revenue over FY24-26E).
    A third ASX 200 gold stock that could be worth a closer look according to Goldman Sachs is Gold Road Resources Ltd (ASX: GOR).
    The broker currently has a buy rating and $2.00 price target on the miner's shares. This suggests potential upside of approximately 20% for investors over the next 12 months. It recently said:
    [W]e retain our Buy rating with GOR the only gold stock in our coverage without major growth spend, supporting cash generation (near-term FCF yields of c. 5-10% in CY24-27E remain attractive vs. peers and support upside to the outlook for capital returns), while trading at a significant discount to peers at ~0.9x NAV / ~4x NTM EV/EBITDA / pricing a LT gold price of US$1,575/oz (peer average ~1.1x NAV / 5-6x EV/EBITDA / ~US$1,930/oz LT gold).
 
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Last
$1.71
Change
0.045(2.70%)
Mkt cap ! $1.852B
Open High Low Value Volume
$1.68 $1.72 $1.66 $7.470M 4.400M

Buyers (Bids)

No. Vol. Price($)
1 4150 $1.71
 

Sellers (Offers)

Price($) Vol. No.
$1.71 142740 5
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
GOR (ASX) Chart
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