Gold Resource Corp (AMEX:GORO)’s traded shares stood at 5.04 million during the latest session, with the company’s beta value hitting 1.50. At the last check today, the stock’s price was $0.39, to imply an increase of 0.23% or $0.0 in intraday trading. The GORO share’s 52-week high remains $0.71, putting it -82.05% down since that peak but still an impressive 69.23% since price per share fell to its 52-week low of $0.12. The company has a valuation of $37.22M, with an average of 3.25 million shares in intraday trading volume over the past 10 days and average of 2.51 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Gold Resource Corp (GORO), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give GORO a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.05.
Gold Resource Corp (AMEX:GORO) trade information
After registering a 0.23% upside in the latest session, Gold Resource Corp (GORO) has traded red over the past five days. The 5-day price performance for the stock is 43.35%, and 116.73% over 30 days. With these gigs, the year-to-date price performance is 69.45%. Short interest in Gold Resource Corp (AMEX:GORO) saw shorts transact 0.5 million shares and set a 0.29 days time to cover.
Gold Resource Corp (GORO) estimates and forecasts
Looking at statistics comparing Gold Resource Corp share performance against respective industry, we note that the company has underperformed competitors. Gold Resource Corp (GORO) shares are -18.69% down over the last 6 months, with its year-to-date growth rate lower than industry average at -123.53% against 18.60%. The rating firms project that company’s revenue will shrink -14.38% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 16.66M.
GORO Dividends
Gold Resource Corp has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The company’s average dividend yield trailing the past 5-year period is 1.86%.
Gold Resource Corp (AMEX:GORO)’s Major holders
Gold Resource Corp insiders hold 2.00% of total outstanding shares, with institutional holders owning 15.65% of the shares at 15.96% float percentage. In total, 15.65% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 5.26 million shares (or 5.9264% of shares), all amounting to roughly $1.96 million.
The next major institution holding the largest number of shares is MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. with 2.41 million shares, or about 2.7133% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.9 million.
We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Gold Resource Corp (GORO) shares. Going by data provided on Sep 30, 2024, Vanguard Total Stock Market Index Fund holds roughly 3.81 shares. This is just over 4.00% of the total shares, with a market valuation of $1.52 million. Data from the same date shows that the other fund manager holds a little less at 1.28, or 1.34% of the shares, all valued at about 0.51 million.
