In the last trading session, 2.23 million Gold Resource Corp (AMEX:GORO) shares changed hands as the company’s beta touched 0.86. With the company’s per share price at $0.43 changed hands at -$0.07 or -12.96% during last session, the market valuation stood at $41.21M. GORO’s last price was a discount, traded about -72.09% off its 52-week high of $0.74. The share price had its 52-week low at $0.12, which suggests the last value was 72.09% up since then. When we look at Gold Resource Corp’s average trading volume, we note the 10-day average is 1.66 million shares, with the 3-month average coming to 2.92 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.
Gold Resource Corp (AMEX:GORO) trade information
Instantly GORO was in red as seen at the end of in last trading. With action -20.07%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 87.61%, with the 5-day performance at -20.07% in the red. However, in the 30-day time frame, Gold Resource Corp (AMEX:GORO) is -28.05% down. Looking at the short shares, we see there were 0.51 million shares sold at short interest cover period of 0.15 days.
The consensus price target for the stock as assigned by Wall Street analysts is 1.25, meaning bulls need an upside of 65.6% from its current market value. According to analyst projections, GORO’s forecast low is 1.25 with 1.25 as the target high. To hit the forecast high, the stock’s price needs a -190.7% plunge from its current level, while the stock would need to soar -190.7% for it to hit the projected low.
Gold Resource Corp (GORO) estimates and forecasts
Year-over-year growth is forecast to reach -20.26% down from the last financial year.
The 2025 estimates are for Gold Resource Corp earnings to increase by 87.50%.
GORO Dividends
Gold Resource Corp is expected to release its next quarterly earnings report on 2025-Apr-06. 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 14.06% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 14.35%. There are 14.06% 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 2.6448% or 2.41 million shares worth $0.9 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and GLOBAL X FUNDS-Global X Silver Miners ETF . With 3.72 shares estimated at $1.61 million under it, the former controlled 3.91% of total outstanding shares. On the other hand, GLOBAL X FUNDS-Global X Silver Miners ETF held about 1.99% of the shares, roughly 1.9 shares worth around $0.82 million.
