First profit and dividend for Gold Road

GOLD Road Resources has posted its first full-year profit and declared a maiden dividend.

First profit and dividend for Gold Road First profit and dividend for Gold Road First profit and dividend for Gold Road First profit and dividend for Gold Road First profit and dividend for Gold Road

The Gruyere operation in Western Australia

The 50% owner of the Gruyere gold mine received A$294.7 million in revenue in 2020 from the sale of 126,434 ounces of gold.

EBITDA was $170.6 million at a margin of 58%.

After posting a $4.