Gold Resource (GORO) Stock Price, News & Analysis

Company Overview

Gold Resource Corporation engages in the exploration, development, and production of gold and silver projects in Mexico and the United States. The company also explores for copper, lead, and zinc deposits. Its principal assets are the 100% owned Don David gold mine and Back Forty project covering approximately 1,304 hectares located in Menominee county, Michigan. The company was incorporated in 1998 and is headquartered in Denver, Colorado.

Key Stats

• Today's Range: $0.14 to $0.15
• 50-Day Range: $0.13 to $0.51
• 52-Week Range: $0.12 to $0.71
• Volume: 451,965 shs
• Average Volume: 920,273 shs
• Market Capitalization: $13.93 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $1.75
• Consensus Rating: Buy

Gold Resource Stock Analysis - MarketRank™

Gold Resource scored higher than 42% of companies evaluated by MarketBeat, and ranked 147th out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Gold Resource has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Gold Resource has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Gold Resource are expected to grow in the coming year, from ($0.38) to ($0.04) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Gold Resource is -0.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Gold Resource is -0.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Gold Resource has a P/B Ratio of 0.25. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for GORO.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Gold Resource does not currently pay a dividend.

Dividend Growth

Gold Resource does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for GORO.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

Gold Resource has a news sentiment score of -0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Gold Resource this week, compared to 2 articles on an average week.

Search Interest

7 people have searched for GORO on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.

MarketBeat Follows

4 people have added Gold Resource to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Gold Resource insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.50% of the stock of Gold Resource is held by insiders.

Percentage Held by Institutions

Only 18.38% of the stock of Gold Resource is held by institutions.

GORO Stock Analysis - Frequently Asked Questions

How have GORO shares performed this year?

Gold Resource's stock was trading at $0.2356 on January 1st, 2024. Since then, GORO stock has decreased by 37.6% and is now trading at $0.1470.
View the best growth stocks for 2024 here.

How were Gold Resource's earnings last quarter?

Gold Resource Co. (NYSE:GORO) issued its earnings results on Tuesday, November, 5th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by $0.06. The business had revenue of $13.27 million for the quarter. Gold Resource had a negative net margin of 61.31% and a negative trailing twelve-month return on equity of 35.25%.

Who are Gold Resource's major shareholders?

Top institutional investors of Gold Resource include The Manufacturers Life Insurance Company (0.33%).
View institutional ownership trends.

How do I buy shares of Gold Resource?

Shares of GORO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Gold Resource own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Gold Resource investors own include B2Gold (BTG), Kinross Gold (KGC), Ford Motor (F), Barrick Gold (GOLD), Nokia Oyj (NOK), Avino Silver & Gold Mines (ASM) and Avino Silver & Gold Mines (ASM).

Company Calendar

• Last Earnings: 11/05/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Gold & silver ores
• Sub-Industry: Precious Metals
• Current Symbol: NYSE:GORO
• Previous Symbol: NYSE:GORO
• CUSIP: N/A
• CIK: 1160791
• Web: www.goldresourcecorp.com
• Phone: 303-320-7708
• Fax: 303-320-7835
• Employees: 10
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $1.75
• High Stock Price Target: $1.75
• Low Stock Price Target: $1.75
• Potential Upside/Downside: +1,094.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.49)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-16,020,000.00
• Net Margins: -61.31%
• Pretax Margin: -47.94%
• Return on Equity: -35.25%
• Return on Assets: -16.15%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.38
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: $73.90 million
• Price / Sales: 0.19
• Cash Flow: $0.11 per share
• Price / Cash Flow: 1.30
• Book Value: $0.60 per share
• Price / Book: 0.24

Miscellaneous

• Outstanding Shares: 95,325,000
• Free Float: 92,942,000
• Market Cap: $13.97 million
• Optionable: Optionable
• Beta: 1.50