Gold Resource - GORO Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gold Resource in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GORO shares.
View GORO analyst ratings or view top-rated stocks.

2 equities research analysts have issued 12-month target prices for Gold Resource's shares. Their GORO share price forecasts range from $3.00 to $3.00. On average, they anticipate the company's share price to reach $3.00 in the next twelve months. This suggests a possible upside of 197.0% from the stock's current price.
View analysts price targets for GORO or view top-rated stocks among Wall Street analysts.

Gold Resource's stock was trading at $1.73 at the beginning of 2023. Since then, GORO stock has decreased by 41.6% and is now trading at $1.01.
View the best growth stocks for 2023 here.

Gold Resource saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 1,660,000 shares, an increase of 9.2% from the February 28th total of 1,520,000 shares. Based on an average daily volume of 1,020,000 shares, the short-interest ratio is currently 1.6 days.
View Gold Resource's Short Interest.

Gold Resource Co. (NYSEAMERICAN:GORO) issued its quarterly earnings results on Thursday, March, 2nd. The basic materials company reported ($0.04) EPS for the quarter. The basic materials company had revenue of $32.37 million for the quarter. Gold Resource had a net margin of 4.14% and a trailing twelve-month return on equity of 4.84%.

Gold Resource declared a quarterly dividend on Thursday, November 3rd. Investors of record on Thursday, December 15th will be paid a dividend of $0.01 per share on Friday, December 30th. This represents a $0.04 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date of this dividend is Wednesday, December 14th.
Read our dividend analysis for GORO.

ETFs with the largest weight of Gold Resource (NYSEAMERICAN:GORO) stock in their portfolio include Global X Silver Miners ETF (SIL), First Trust Dow Jones Select Microcap Index Fund (FDM) and ETFMG Prime Junior Silver Miners ETF (SILJ).Carbon Collective Climate Solutions U.S. Equity ETF (CCSO).

Gold Resource (NYSEAMERICAN:GORO) pays an annual dividend of $0.04 per share and currently has a dividend yield of 4.54%. GORO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 57.14%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for GORO.

Based on aggregate information from My MarketBeat watchlists, some companies that other Gold Resource investors own include Casino, Guichard-Perrachon Societe Anonyme (COP), Input Capital (INP), B2Gold (BTG), Kinross Gold (KGC), New Gold (NGD), Yamana Gold (AUY), McEwen Mining (MUX), Wheaton Precious Metals (WPM) and First Majestic Silver (AG).

Gold Resource trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "GORO."

Gold Resource's stock is owned by many different institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (5.04%), Mirae Asset Global Investments Co. Ltd. (2.85%), Renaissance Technologies LLC (1.68%), Dimensional Fund Advisors LP (1.03%), Ancora Advisors LLC (0.61%) and Guild Investment Management Inc. (0.45%). Insiders that own company stock include Alex G Morrison, Bill M Conrad, Kimberly C Perry and Ronald Little.
View institutional ownership trends.

Shares of GORO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GORO stock can currently be purchased for approximately $1.01.

Gold Resource (NYSEAMERICAN:GORO) has a market capitalization of $89.28 million and generates $138.72 million in revenue each year. The basic materials company earns $-6,320,000.00 in net income (profit) each year or $0.07 on an earnings per share basis.

The company employs 540 workers across the globe.

Gold Resource's mailing address is 2886 Carriage Manor Pt, COLORADO SPRINGS, CO 80906-3656, United States. The official website for the company is www.goldresourcecorp.com. The basic materials company can be reached via phone at (303) 320-7708, via email at gregpatterson@goldresourcecorp.com, or via fax at 303-320-7835.