Australia's Gold Road Resources dip on revised gold production outlook

Gold Road Resources

17/03/2025 23:44

** Shares of Gold Road Resources GOR.AX tumble 3.41% to A$2.55, top losers in the benchmark ASX200 index .AXJO

** The gold miner sees Gruyere gold production to be between 70,000 ounces and 73,000 ounces for the March quarter vs 91,631 ounces produced in the December 2024 quarter

** Cut due to maintenance on primary crusher and failure of two conveyor belts - GOR

** Stock post its worst intraday drop since March 11

** YTD, stock down 21.95 including current session's moves

 (Reporting by Kumar Tanishk in Bengaluru)

 ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))