In the last trading session, 6.22 million shares of the Gold Resource Corp (AMEX:GORO) were traded, and its beta was 1.45. Most recently the company’s share price was $0.16, and it changed around -$0.02 or -9.72% from the last close, which brings the market valuation of the company to $15.20M. GORO currently trades at a discount to its 52-week high of $0.71, offering almost -343.75% off that amount. The share price’s 52-week low was $0.17, which indicates that the current value has fallen by an impressive -6.25% since then. We note from Gold Resource Corp’s average daily trading volume that its 10-day average is 4.0 million shares, with the 3-month average coming to 984.78K.

Gold Resource Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended GORO as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Gold Resource Corp is expected to report earnings per share of -0.05 for the current quarter.

Gold Resource Corp (AMEX:GORO) trade information

Instantly GORO has showed a red trend with a performance of -9.72% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.5288 on recent trading dayincreased the stock’s daily price by 69.74%. The company’s shares are currently down -56.78% year-to-date, but still down -60.07% over the last five days. On the other hand, Gold Resource Corp (AMEX:GORO) is -55.58% down in the 30-day period. We can see from the shorts that 0.15 million shares have been sold at a short interest cover period of 0.28 day(s).

Gold Resource Corp (GORO) estimates and forecasts

Gold Resource Corp share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -68.14 percent over the past six months and at a -123.53% annual growth rate that is well below the industry average of 21.10%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 37.50% in revenue this quarter, and will report a decrease of -66.70% in the next quarter. The year-over-year growth rate is expected to be -17.20%, down from the previous year.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 16.66M in revenue for the current quarter. 1 analysts expect Gold Resource Corp to make 16.66M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 20.55M and 21.14M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -18.90%. Forecasts for the next quarter put sales growth at -21.20%.

GORO Dividends

Gold Resource Corp’s next quarterly earnings report is expected to be released in November. The average dividend yield for the past five years averaged 1.86 per year.

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

Upon looking at major shareholders, it appears that insiders hold 2.04% of Gold Resource Corp shares, and 16.29% of them are in the hands of institutional investors. The stock currently has a share float of 16.63%. Gold Resource Corp stock is held by 68.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 5.9264% of the shares, which is about 5.26 million shares worth $1.96 million.

MIRAE ASSET GLOBAL ETFS HOLDINGS LTD., with 2.7133% or 2.41 million shares worth $0.9 million as of 2024-06-30, holds the second largest percentage of outstanding shares.