In today’s recent session, 0.68 million shares of the Gold Resource Corp (AMEX:GORO) have been traded, and its beta is 1.52. Most recently the company’s share price was $0.14, and it changed around $0.01 or 10.18% from the last close, which brings the market valuation of the company to $12.75M. GORO at last check was trading at a discount to its 52-week high of $0.71, offering almost -407.14% off that amount. The share price’s 52-week low was $0.12, which indicates that the recent value has risen by an impressive 14.29% since then. We note from Gold Resource Corp’s average daily trading volume that its 10-day average is 2.18 million shares, with the 3-month average coming to 1.52 million.
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 3 analysts rate the stock as a Sell; another 1 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.
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Gold Resource Corp (AMEX:GORO) trade information
Instantly GORO has been showing a green trend so far today with a performance of 10.18% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.1530 on recent trading dayincreased the stock’s daily price by 8.5%. The company’s shares are currently down -61.44% year-to-date, but still down -4.79% over the last five days. On the other hand, Gold Resource Corp (AMEX:GORO) is -65.46% down in the 30-day period. We can see from the shorts that 0.18 million shares have been sold at a short interest cover period of 0.07 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 -73.39 percent over the past six months and at a -123.53% annual growth rate that is well below the industry average of 19.90%. The year-over-year growth rate is expected to be 44.05%, up 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. 2 analysts expect Gold Resource Corp to make 83.67M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 21.14M and 97.73M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -21.20%. Forecasts for the next quarter put sales growth at -14.38%.
GORO Dividends
Gold Resource Corp’s next quarterly earnings report is expected to be released on 2025-Feb-26. 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 2.00% of Gold Resource Corp shares, and 16.71% of them are in the hands of institutional investors. The stock currently has a share float of 17.05%. Gold Resource Corp stock is held by 66.0 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.
