Gold Resource Corp (AMEX:GORO) Rises 0.60%, But An Additional Surge May Follow.

In last trading session, Gold Resource Corp (AMEX:GORO) saw 2.37 million shares changing hands with its beta currently measuring 1.59. Company’s recent per share price level of $0.17 trading at $0.0 or 0.60% at ring of the bell on the day assigns it a market valuation of $16.11M. That closing price of GORO’s stock is at a discount of -317.65% from its 52-week high price of $0.71 and is indicating a premium of 29.41% from its 52-week low price of $0.12. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.03 million shares which gives us an average trading volume of 1.74 million if we extend that period to 3-months.

For Gold Resource Corp (GORO), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.05 in the current quarter.

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

Upright in the green during last session for gaining 0.60%, in the last five days GORO remained trading in the red while hitting it’s week-highest on Wednesday, 12/18/24 when the stock touched $0.17 price level, adding 12.82% to its value on the day. Gold Resource Corp’s shares saw a change of -55.05% in year-to-date performance and have moved -2.42% in past 5-day. Gold Resource Corp (AMEX:GORO) showed a performance of 15.60% in past 30-days. Number of shares sold short was 0.36 million shares which calculate 0.17 days to cover the short interests.

Gold Resource Corp (GORO) estimates and forecasts

Statistics highlight that Gold Resource Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -60.88% of value to its shares in past 6 months, showing an annual growth rate of -123.53% while that of industry is 19.10. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -14.38% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 16.66M for the same.

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

Insiders are in possession of 2.00% of company’s total shares while institution are holding 16.76 percent of that, with stock having share float percentage of 17.10%. Investors also watch the number of corporate investors in a company very closely, which is 16.76% institutions for Gold Resource Corp that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at GORO for having 5.26 million shares of worth $1.96 million. And as of 2024-06-30, it was holding 5.9264 of the company’s outstanding shares.

The second largest institutional holder is MIRAE ASSET GLOBAL ETFS HOLDINGS LTD., which was holding about 2.41 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.7133 of outstanding shares, having a total worth of $0.9 million.