What drove the heavy trading in GOR.AX stock today?

High volume in GOR.AX stock was driven by continued focus on the Gruyere joint venture, large institutional flows into Basic Materials, and intraday positioning ahead of upcoming operational reports.

What is Meyka AI's price forecast for GOR.AX stock?

Meyka AI's forecast model projects a 12-month target of **A$6.03**, implying **73.28%** upside from the current **A$3.48**. Forecasts are projections and not guarantees.

What are the main risks for Gold Road Resources (GOR.AX)?

Main risks include lower gold prices, Gruyere JV production issues, and broader Basic Materials sector volatility. Corporate governance or macro shifts could also affect the share price.

How does GOR.AX perform on valuation metrics?

GOR.AX trades at PE **18.32**, PB **2.61**, EV/EBITDA **9.25**, with EPS **A$0.19** and dividend per share **A$0.415**, indicating moderate valuation relative to growth and strong cash metrics.

AU Stocks

Most active ASX 02 Feb 2026: Gold Road Resources (GOR.AX) A$3.48 Gruyere outlook

ByDanny Kontos February 2, 2026

GOR.AX stock closed the ASX session at A$3.48 on 02 Feb 2026 after heavy trading volume of 125,543,208 shares. The company, Gold Road Resources Limited (ASX), was among the market’s most active names as investors reacted to Gruyere joint venture performance and sector flows in Basic Materials. Today’s price sits near the 50-day average of A$3.33 and well above the 200-day average of A$2.96, signalling continued interest from traders and institutions in Australia’s gold sector.