During the last session, Gold Resource Corp (AMEX:GORO)’s traded shares were 4.2 million, with the beta value of the company hitting 1.45. At the end of the trading day, the stock’s price was $0.12, reflecting an intraday loss of -10.53% or -$0.02. The 52-week high for the GORO share is $0.71, that puts it down -491.67 from that peak though still a striking -16.67% loss since the share price plummeted to a 52-week low of $0.14. The company’s market capitalization is $11.59M, and the average intraday trading volume over the past 10 days was 5.09 million shares, and the average trade volume was 1.22 million shares over the past three months.

Gold Resource Corp (GORO) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. GORO has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.05.

Gold Resource Corp (AMEX:GORO) trade information

Gold Resource Corp (GORO) registered a -10.53% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -10.53% in intraday trading to $0.12, hitting a weekly high. The stock’s 5-day price performance is -37.72%, and it has moved by -64.16% in 30 days. Based on these gigs, the overall price performance for the year is -69.15%. The short interest in Gold Resource Corp (AMEX:GORO) is 0.15 million shares and it means that shorts have 0.28 day(s) to cover.

Gold Resource Corp (GORO) estimates and forecasts

Statistics show that Gold Resource Corp has underperformed its competitors in share price, compared to the industry in which it operates. Gold Resource Corp (GORO) shares have gone down -73.29% during the last six months, with a year-to-date growth rate less than the industry average at -123.53% against 21.30. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 37.50% this quarter and then drop -66.70% in the quarter after that. In the rating firms’ projections, revenue will decrease -17.20% 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 16.66M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 16.66M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 20.55M and 21.14M respectively. In this case, analysts expect current quarter sales to shrink by -18.90% and then drop by -21.20% in the coming quarter.

While earnings are projected to return -141.18% in 2024.

GORO Dividends

Gold Resource Corp is due to release its next quarterly earnings on 2024-Oct-31. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 1.86%.

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

Gold Resource Corp insiders own 2.04% of total outstanding shares while institutional holders control 16.29%, with the float percentage being 16.63%. VANGUARD GROUP INC is the largest shareholder of the company, while 68.0 institutions own stock in it. As of 2024-06-30, the company held over 5.26 million shares (or 5.9264% of all shares), a total value of $1.96 million in shares.

The next largest institutional holding, with 2.41 million shares, is of MIRAE ASSET GLOBAL ETFS HOLDINGS LTD.’s that is approximately 2.7133% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.9 million.