Should Gold Resource Corp (AMEX: GORO) Revive After A -98.0% Drop From Highs?

During the last session, Gold Resource Corp (AMEX:GORO)’s traded shares were 0.88 million, with the beta value of the company hitting 1.57. The 52-week high for the GORO share is $0.99, that puts it down -98.0 from that peak though still a striking 56.0% gain since the share price plummeted to a 52-week low of $0.22. The company’s market capitalization is $44.74M, and the average trade volume was 885.20K shares over the past three months.

Gold Resource Corp (AMEX:GORO) trade information

Gold Resource Corp (GORO) registered a 0.80% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.80% in intraday trading to $0.50, hitting a weekly high. The stock’s 5-day price performance is 3.70%, and it has moved by 25.65% in 30 days. Based on these gigs, the overall price performance for the year is -44.00%.

Gold Resource Corp (GORO) estimates and forecasts

Statistics show that Gold Resource Corp has outperformed its competitors in share price, compared to the industry in which it operates. Gold Resource Corp (GORO) shares have gone up 22.54% during the last six months, with a year-to-date growth rate more than the industry average at 64.71% against 12.60. In the rating firms’ projections, revenue will decrease -12.00% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 15.95M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 16.86M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 31.23M and 24.81M respectively. In this case, analysts expect current quarter sales to shrink by -48.90% and then drop by -32.00% in the coming quarter.

While earnings are projected to return 26.47% in 2024.

GORO Dividends

Gold Resource Corp is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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