NYSEAMERICAN:GORO

Gold Resource Stock Forecast, Price & News

$2.65

-0.14 (-5.02 %)

(As of 01/15/2021 08:00 PM ET)

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Today's Range

$2.65

Now: $2.65▼

$2.83

50-Day Range

$2.91

MA: $3.20▼

$3.65

52-Week Range

$2.02

Now: $2.65▼

$6.24

Volume71,545 shs

Average Volume1.82 million shs

Market Capitalization$190.44 million

P/E RatioN/A

Dividend Yield1.51%

Beta1.86

Gold Resource Corporation explores for, develops, produces, and sells gold and silver in Mexico and the United States. It also explores for copper, lead, and zinc deposits. The company's flagship property is the Aguila project comprising 18 mining concessions covering an area of approximately 24,372 hectares located in the State of Oaxaca, Mexico. Gold Resource Corporation was founded in 1998 and is headquartered in Colorado Springs, Colorado.

MarketRank^™

Overall MarketRank^™

1.51 out of 5 stars

3.5 Analyst's Opinion

Consensus Rating
Gold Resource has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $4.25, Gold Resource has a forecasted upside of 60.4% from its current price of $2.65.
Amount of Analyst Coverage
Gold Resource has only been the subject of 1 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
Gold Resource has received 151 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Gold Resource has received 160 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Gold Resource has received 51.45% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Gold Resource and other stocks. Vote “Outperform” if you believe GORO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GORO will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
Gold Resource has a dividend yield of 1.51%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Gold Resource does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Gold Resource is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, Gold Resource will have a dividend payout ratio of 400.00% in the coming year. This indicates that Gold Resource may not be able to sustain their current dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gold Resource insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.10% of the stock of Gold Resource is held by insiders.
Percentage Held by Institutions
44.42% of the stock of Gold Resource is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Gold Resource are expected to decrease by -75.00% in the coming year, from $0.04 to $0.01 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Gold Resource is -264.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gold Resource is -264.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Gold Resource has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN

Industry Gold & silver ores

Sub-IndustryGold

SectorBasic Materials

Current SymbolNYSEAMERICAN:GORO

Previous SymbolNASDAQ:GORO

CUSIP38068T10

CIK1160791

Webwww.goldresourcecorp.com

Phone+1-303-3207708

Employees64

Debt

Debt-to-Equity RatioN/A

Current Ratio3.44

Quick Ratio2.13

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio66.25

P/E GrowthN/A

Sales & Book Value

Annual Sales$135.37 million

Price / Sales1.41

Cash Flow$0.43 per share

Price / Cash Flow6.17

Book Value$2.41 per share

Price / Book1.10

Profitability

EPS (Most Recent Fiscal Year)$0.09

Net Income$5.83 million

Net Margins0.19%

Return on Equity0.15%

Return on Assets0.12%

Miscellaneous

Outstanding Shares71,866,000

Market Cap$190.44 million

Next Earnings Date3/1/2021 (Estimated)

OptionableOptionable

$2.65

-0.14 (-5.02 %)

(As of 01/15/2021 08:00 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Gold Resource (NYSEAMERICAN:GORO) Frequently Asked Questions

Is Gold Resource a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gold Resource in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Gold Resource stock.
View analyst ratings for Gold Resource or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Gold Resource?

Wall Street analysts have given Gold Resource a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Gold Resource wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Gold Resource's next earnings date?

Gold Resource is scheduled to release its next quarterly earnings announcement on Monday, March 1st 2021.
View our earnings forecast for Gold Resource.

How were Gold Resource's earnings last quarter?

Gold Resource Co. (NYSEAMERICAN:GORO) announced its quarterly earnings results on Monday, November, 2nd. The basic materials company reported $0.07 earnings per share for the quarter. The basic materials company had revenue of $42.29 million for the quarter. Gold Resource had a return on equity of 0.15% and a net margin of 0.19%.
View Gold Resource's earnings history.

How often does Gold Resource pay dividends? What is the dividend yield for Gold Resource?

Gold Resource declared a monthly dividend on Wednesday, December 30th. Investors of record on Monday, January 11th will be paid a dividend of $0.0033 per share on Monday, January 25th. This represents a $0.04 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend is Friday, January 8th. This is a positive change from Gold Resource's previous monthly dividend of $0.00.
View Gold Resource's dividend history.

Is Gold Resource a good dividend stock?

Gold Resource pays an annual dividend of $0.04 per share and currently has a dividend yield of 1.51%. The dividend payout ratio of Gold Resource is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Gold Resource will have a dividend payout ratio of 400.00% in the coming year. This indicates that Gold Resource may not be able to sustain their current dividend.
View Gold Resource's dividend history.

What price target have analysts set for GORO?

1 brokerages have issued 1-year target prices for Gold Resource's stock. Their forecasts range from $4.25 to $4.25. On average, they expect Gold Resource's share price to reach $4.25 in the next twelve months. This suggests a possible upside of 60.4% from the stock's current price.
View analysts' price targets for Gold Resource or view Wall Street analyst' top-rated stocks.

Who are some of Gold Resource's key competitors?

Some companies that are related to Gold Resource include Newmont (NEM), Royal Gold (RGLD), NovaGold Resources Inc. (NG.TO) (NG), Trevali Mining Co. (TV.TO) (TV) and Vista Gold (VGZ).
View all of GORO's competitors.

What other stocks do shareholders of Gold Resource own?

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

Who are Gold Resource's key executives?

Gold Resource's management team includes the following people:

Mr. Jason D. Reid, Pres, CEO & Director (Age 47, Pay $875.23k)
Ms. Kimberly C. Perry, Chief Financial Officer (Age 45, Pay $97.51k)
Mr. Richard Michael Irvine, Chief Operating Officer (Age 56, Pay $460.86k)
Mr. Gregory A. Patterson, VP of Corp. Devel. (Age 50, Pay $300.79k)
Mr. Barry D. Devlin M.Sc., P.Geo, VP of Exploration (Age 62, Pay $475.18k)
Ms. Jessica M. Browne, VP of Legal Affairs, Gen. Counsel & Corp. Sec. (Age 43)
Mr. Fred H. Brown P.Geo., Sr. Resource Geologist
Ms. Joy L. Lester P.Geo., Chief Geologist

What is Gold Resource's stock symbol?

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

Who are Gold Resource's major shareholders?

Gold Resource's stock is owned by many different retail and institutional investors. Top institutional shareholders include Guild Investment Management Inc. (0.46%) and Diversified Trust Co (0.02%). Company insiders that own Gold Resource stock include Bill M Conrad, Gregory A Patterson and Kimberly C Perry.
View institutional ownership trends for Gold Resource.

Which institutional investors are buying Gold Resource stock?

GORO stock was bought by a variety of institutional investors in the last quarter, including Guild Investment Management Inc., and Diversified Trust Co. Company insiders that have bought Gold Resource stock in the last two years include Gregory A Patterson, and Kimberly C Perry.
View insider buying and selling activity for Gold Resource or or view top insider-buying stocks.

How do I buy shares of Gold Resource?

Shares of GORO 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.

What is Gold Resource's stock price today?

One share of GORO stock can currently be purchased for approximately $2.65.

How big of a company is Gold Resource?

Gold Resource has a market capitalization of $190.44 million and generates $135.37 million in revenue each year. The basic materials company earns $5.83 million in net income (profit) each year or $0.09 on an earnings per share basis. Gold Resource employs 64 workers across the globe.

What is Gold Resource's official website?

The official website for Gold Resource is www.goldresourcecorp.com.

How can I contact Gold Resource?

Gold Resource's mailing address is 2886 Carriage Manor Pt, COLORADO SPRINGS, CO 80906-3656, United States. The basic materials company can be reached via phone at +1-303-3207708 or via email at [email protected]

This page was last updated on 1/19/2021 by MarketBeat.com Staff

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