In the last trading session, 1.59 million Gold Resource Corp (AMEX:GORO) shares changed hands as the company’s beta touched 1.58. With the company’s per share price at $0.15 changed hands at -$0.01 or -4.81% during last session, the market valuation stood at $14.49M. GORO’s last price was a discount, traded about -373.33% off its 52-week high of $0.71. The share price had its 52-week low at $0.12, which suggests the last value was 20.0% up since then. When we look at Gold Resource Corp’s average trading volume, we note the 10-day average is 3.87 million shares, with the 3-month average coming to 1.49 million.
Analysts gave the Gold Resource Corp (GORO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended GORO as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Gold Resource Corp’s EPS for the current quarter is expected to be -0.05.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Gold Resource Corp (AMEX:GORO) trade information
Instantly GORO was in red as seen at the end of in last trading. With action 16.17%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -59.49%, with the 5-day performance at 16.17% in the green. However, in the 30-day time frame, Gold Resource Corp (AMEX:GORO) is -58.08% down. Looking at the short shares, we see there were 0.15 million shares sold at short interest cover period of 0.28 days.
Gold Resource Corp (GORO) estimates and forecasts
Data shows that the Gold Resource Corp share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -65.62% over the past 6 months, a -123.53% in annual growth rate that is considerably lower than the industry average of 21.50%. Year-over-year growth is forecast to reach -17.20% down from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 16.66M. The company’s revenue for the corresponding quarters a year ago was 21.14M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -21.20%. The 2024 estimates are for Gold Resource Corp earnings to decrease by -141.18%.
GORO Dividends
Gold Resource Corp is expected to release its next quarterly earnings report in December. During the past 5 years, the average dividend yield was 1.86 per year.
Gold Resource Corp (AMEX:GORO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.00% of Gold Resource Corp shares while 16.09% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 16.42%. There are 16.09% institutions holding the Gold Resource Corp stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 5.9264% of the shares, roughly 5.26 million GORO shares worth $1.96 million.
MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. holds the second largest percentage of outstanding shares, with 2.7133% or 2.41 million shares worth $0.9 million as of 2024-06-30.