Gold Resource Corp (AMEX:GORO) has a beta value of 1.55 and has seen 1.75 million shares traded in the last trading session. The company, currently valued at $54.76M, closed the last trade at $0.62 per share which meant it gained $0.01 on the day or 0.82% during that session. The GORO stock price is -91.94% off its 52-week high price of $1.19 and 64.52% above the 52-week low of $0.22. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.64 million shares traded. The 3-month trading volume is 745.44K shares.
Gold Resource Corp (AMEX:GORO) trade information
Sporting 0.82% in the green in last session, the stock has traded in the green over the last five days, when the GORO stock price touched $0.62 or saw a rise of 12.68%. Year-to-date, Gold Resource Corp shares have moved 64.10%, while the 5-day performance has seen it change 41.97%. Over the past 30 days, the shares of Gold Resource Corp (AMEX:GORO) have changed 120.36%. Short interest in the company has seen 0.11 million shares shorted with days to cover at 0.16.
Gold Resource Corp (GORO) estimates and forecasts
Figures show that Gold Resource Corp shares have outperformed across the wider relevant industry. The company’s shares have gained 57.80% over the past 6 months, with this year growth rate of 64.71%, compared to 2.90% for the industry. Revenue growth from the last financial year stood is estimated to be -12.00%.
1 analysts offering their estimates for the company have set an average revenue estimate of $15.95 million for the current quarter. 1 have an estimated revenue figure of $16.86 million for the next quarter concluding in Jun 2024. Year-ago sales stood $31.23 million and $24.81 million respectively for this quarter and the next, and analysts expect sales will shrink by -48.90% for the current quarter and -32.00% for the next.
GORO Dividends
Gold Resource Corp is expected to release its next earnings report on March 13 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Gold Resource Corp (AMEX:GORO)’s Major holders
Insiders own 0.73% of the company shares, while shares held by institutions stand at 19.70% with a share float percentage of 19.85%. Investors are also buoyed by the number of investors in a company, with Gold Resource Corp having a total of 71 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc with over 5.27 million shares worth more than $3.32 million. As of Jun 29, 2023, Vanguard Group Inc held 5.95% of shares outstanding.
The other major institutional holder is Mirae Asset Global Investments Co., Ltd., with the holding of over 2.18 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $1.37 million and represent 2.46% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Global X Fds-Global X Silver Miners ETF. As of Jun 29, 2023, the former fund manager holds about 4.31% shares in the company for having 3.81 million shares of worth $2.4 million while later fund manager owns 2.18 million shares of worth $0.93 million as of Sep 29, 2023, which makes it owner of about 2.47% of company’s outstanding stock.
