Gold Resource Corp (AMEX:GORO) Has Already Recovered 77.36%, But Another -39.62% Drop Cannot Be Ruled Out.

In last trading session, Gold Resource Corp (AMEX:GORO) saw 1.61 million shares changing hands with its beta currently measuring 1.20. Company’s recent per share price level of $0.53 trading at $0.02 or 4.61% at ring of the bell on the day assigns it a market valuation of $50.46M. That closing price of GORO’s stock is at a discount of -39.62% from its 52-week high price of $0.74 and is indicating a premium of 77.36% 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 4.51 million shares which gives us an average trading volume of 3.05 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 in the current quarter.

Gold Resource Corp (AMEX:GORO) trade information

Upright in the green during last session for gaining 4.61%, in the last five days GORO remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $0.53 price level, adding 28.28% to its value on the day. Gold Resource Corp’s shares saw a change of 129.77% in year-to-date performance and have moved -11.88% in past 5-day. Gold Resource Corp (AMEX:GORO) showed a performance of 66.57% in past 30-days. Number of shares sold short was 0.74 million shares which calculate 0.33 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 1.25 to the stock, which implies a rise of 57.6% to its current value. Analysts have been projecting 1.25 as a low price target for the stock while placing it at a high target of 1.25. It follows that stock’s current price would drop -135.85% in reaching the projected high whereas dropping to the targeted low would mean a loss of -135.85% for stock’s current value.

Gold Resource Corp (GORO) estimates and forecasts

This year revenue growth is estimated to fall -20.26% from the last financial year’s standing.

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

Insiders are in possession of 2.00% of company’s total shares while institution are holding 14.07 percent of that, with stock having share float percentage of 14.36%. Investors also watch the number of corporate investors in a company very closely, which is 14.07% 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 2.6448 of outstanding shares, having a total worth of $0.9 million.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 3.72 shares of worth $1.97 million or 3.91% of the total outstanding shares. The later fund manager was in possession of 1.28 shares on Dec 31, 2024 , making its stake of worth around $0.68 million in the company or a holder of 1.34% of company’s stock.