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How To Know If Gold Resource Corp (AMEX:GORO) Is Expensive At $0.25.

In last trading session, Gold Resource Corp (AMEX:GORO) saw 0.39 million shares changing hands with its beta currently measuring 1.53. Company’s recent per share price level of $0.25 trading at $0.0 or 2.82% at ring of the bell on the day assigns it a market valuation of $22.62M. That closing price of GORO’s stock is at a discount of -572.0% from its 52-week high price of $1.68 and is indicating a premium of 12.0% from its 52-week low price of $0.22. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.7 million shares which gives us an average trading volume of 609.05K if we extend that period to 3-months.

Gold Resource Corp (AMEX:GORO) trade information

Upright in the green during last session for gaining 2.82%, in the last five days GORO remained trading in the green while hitting it’s week-highest on Wednesday, 02/07/24 when the stock touched $0.25 price level, adding 4.03% to its value on the day. Gold Resource Corp’s shares saw a change of -32.18% in year-to-date performance and have moved 4.51% in past 5-day. Gold Resource Corp (AMEX:GORO) showed a performance of -21.68% in past 30-days. Number of shares sold short was 0.21 million shares which calculate 0.33 days to cover the short interests.

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Gold Resource Corp (GORO) estimates and forecasts

Statistics highlight that Gold Resource Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -53.19% of value to its shares in past 6 months, showing an annual growth rate of -28.57% while that of industry is 7.30. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -29.00% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $18.95 million for the same.

GORO Dividends

Gold Resource Corp is more likely to be releasing its next quarterly report on March 13 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Gold Resource Corp (AMEX:GORO)’s Major holders

Insiders are in possession of 0.73% of company’s total shares while institution are holding 22.14 percent of that, with stock having share float percentage of 22.31%. Investors also watch the number of corporate investors in a company very closely, which is 22.14% institutions for Gold Resource Corp that are currently holding shares of the company. Vanguard Group Inc is the top institutional holder at GORO for having 5.27 million shares of worth $1.34 million. And as of Sep 29, 2023, it was holding 5.95% of the company’s outstanding shares.

The second largest institutional holder is Mirae Asset Global Investments Co., Ltd., which was holding about 2.13 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 2.41% of outstanding shares, having a total worth of $0.54 million.

On the other hand, Vanguard Total Stock Market Index Fund and Global X Fds-Global X Silver Miners ETF are the top two Mutual Funds which own company’s shares. As of Sep 29, 2023, the former fund manager was holding 3.81 million shares of worth $0.97 million or 4.31% of the total outstanding shares. The later fund manager was in possession of 2.16 million shares on Nov 29, 2023, making its stake of worth around $0.55 million in the company or a holder of 2.44% of company’s stock.

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