Gold Resource (GORO) Stock Forecast, Price & News

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

2 Wall Street research analysts have issued 12 month target prices for Gold Resource's stock. Their GORO share price forecasts range from $3.00 to $3.00. On average, they predict the company's share price to reach $3.00 in the next year. This suggests a possible upside of 265.9% 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 shares have decreased by 52.6% and is now trading at $0.8198.
View the best growth stocks for 2023 here.

Gold Resource saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 538,700 shares, an increase of 9.8% from the April 30th total of 490,400 shares. Based on an average daily volume of 820,400 shares, the short-interest ratio is currently 0.7 days.
View Gold Resource's Short Interest.

Gold Resource Co. (NYSEAMERICAN:GORO) issued its earnings results on Tuesday, April, 25th. The basic materials company reported ($0.01) earnings per share for the quarter. The basic materials company had revenue of $31.23 million for the quarter. Gold Resource had a negative net margin of 9.17% and a negative trailing twelve-month return on equity of 9.84%.

Gold Resource declared a quarterly dividend on Thursday, November 3rd. Shareholders 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 annualized dividend and a dividend yield of 4.88%. 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), ETFMG Prime Junior Silver Miners ETF (SILJ) and Carbon Collective Climate Solutions U.S. Equity ETF (CCSO).

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 a variety of institutional and retail investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (2.76%), Renaissance Technologies LLC (1.71%), BlackRock Inc. (1.41%), ETF Managers Group LLC (0.84%), Jane Street Group LLC (0.72%) and Dimensional Fund Advisors LP (0.62%). 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.
Compare Top Brokerages Here.

One share of GORO stock can currently be purchased for approximately $0.82.

Gold Resource (NYSEAMERICAN:GORO) has a market capitalization of $72.53 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 ($0.13) 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.