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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
What is a Gold IRA, and is it a Viable Investment?
Where Are The Markets Going Next? (Ad)pixel
Closing prices for crude oil, gold and other commodities
MarketBeat Week in Review – 3/27 - 3/31
Stocks are for suckers – try this instead (Ad)
UN body mulls deep sea mining amid demand for minerals
Intensity and insults rise as lawmakers debate debt ceiling
Stocks are for suckers – try this instead (Ad)
UK travelers face hours-long waits for ferries to France
Canada approves largest telecom deal in country's history
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
What is a Gold IRA, and is it a Viable Investment?
Where Are The Markets Going Next? (Ad)pixel
Closing prices for crude oil, gold and other commodities
MarketBeat Week in Review – 3/27 - 3/31
Stocks are for suckers – try this instead (Ad)
UN body mulls deep sea mining amid demand for minerals
Intensity and insults rise as lawmakers debate debt ceiling
Stocks are for suckers – try this instead (Ad)
UK travelers face hours-long waits for ferries to France
Canada approves largest telecom deal in country's history
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
What is a Gold IRA, and is it a Viable Investment?
Where Are The Markets Going Next? (Ad)pixel
Closing prices for crude oil, gold and other commodities
MarketBeat Week in Review – 3/27 - 3/31
Stocks are for suckers – try this instead (Ad)
UN body mulls deep sea mining amid demand for minerals
Intensity and insults rise as lawmakers debate debt ceiling
Stocks are for suckers – try this instead (Ad)
UK travelers face hours-long waits for ferries to France
Canada approves largest telecom deal in country's history
NYSEAMERICAN:GORO

Gold Resource - GORO Stock Forecast, Price & News

$1.05
-0.02 (-1.87%)
(As of 03/31/2023 12:00 AM ET)
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Today's Range
$1.05
$1.08
50-Day Range
N/A
52-Week Range
$0.82
$2.63
Volume
407,392 shs
Average Volume
1.04 million shs
Market Capitalization
$92.82 million
P/E Ratio
15.00
Dividend Yield
3.81%
Price Target
$3.00

Gold Resource MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
185.7% Upside
$3.00 Price Target
Short Interest
Healthy
1.88% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-7.39
Upright™ Environmental Score
News Sentiment
0.25mentions of Gold Resource in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.21 out of 5 stars


GORO stock logo

About Gold Resource (NYSEAMERICAN:GORO) Stock

Gold Resource Corp. engages in the production of metal concentrates. It includes gold, silver, copper, lead and zinc, and doré containing gold and silver. It operates through the following geographical segments: Mexico, Nevada, and Corporate and Other. The company was founded by David C. Reid and William W. Reid on August 24, 1998 and is headquartered in Denver, CO.

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GORO Stock News Headlines

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Top Gold Stocks for March 2023
Gold Edges Lower Amid USD Strength
Gold Resource Corporation updates 2023 guidance
See More Headlines
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GORO Company Calendar

Last Earnings
3/02/2023
Today
4/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Gold & silver ores
Sub-Industry
Gold
Current Symbol
NYSEAMERICAN:GORO
Previous Symbol
NASDAQ:GORO
CUSIP
38068T10
Employees
540
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$3.00
High Stock Price Forecast
$3.00
Low Stock Price Forecast
$3.00
Forecasted Upside/Downside
+185.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-6,320,000.00
Pretax Margin
7.77%

Debt

Sales & Book Value

Annual Sales
$138.72 million
Cash Flow
$0.39 per share
Book Value
$1.62 per share

Miscellaneous

Free Float
87,390,000
Market Cap
$92.82 million
Optionable
Optionable
Beta
1.50

Key Executives

  • Allen Joseph Palmiere
    President, Chief Executive Officer & Director
  • Alberto Reyes
    Chief Operating Officer
  • Kimberly C. Perry
    Chief Financial Officer
  • Patrick Frenette
    Vice President-Technical Services
  • Steve Donohue
    Vice President-Environmental & Regulatory Affairs













GORO Stock - Frequently Asked Questions

Should I buy or sell Gold Resource stock right now?

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.

What is Gold Resource's stock price forecast for 2023?

2 Wall Street analysts have issued 12 month price targets for Gold Resource's stock. Their GORO share price forecasts range from $3.00 to $3.00. On average, they predict the company's stock price to reach $3.00 in the next twelve months. This suggests a possible upside of 185.7% from the stock's current price.
View analysts price targets for GORO
or view top-rated stocks among Wall Street analysts.

How have GORO shares performed in 2023?

Gold Resource's stock was trading at $1.73 on January 1st, 2023. Since then, GORO shares have decreased by 39.3% and is now trading at $1.05.
View the best growth stocks for 2023 here
.

Are investors shorting Gold Resource?

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 trading volume of 1,020,000 shares, the days-to-cover ratio is presently 1.6 days.
View Gold Resource's Short Interest
.

How were Gold Resource's earnings last quarter?

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

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

Gold Resource declared a quarterly dividend on Thursday, November 3rd. Investors of record on Thursday, December 15th will be given a dividend of $0.01 per share on Friday, December 30th. This represents a $0.04 annualized dividend and a yield of 3.81%. The ex-dividend date of this dividend is Wednesday, December 14th.
Read our dividend analysis for GORO
.

What ETFs hold Gold Resource's stock?
Is Gold Resource a good dividend stock?

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.

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), 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).

What is Gold Resource's stock symbol?

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

How do I buy shares of Gold Resource?

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.

What is Gold Resource's stock price today?

One share of GORO stock can currently be purchased for approximately $1.05.

How much money does Gold Resource make?

Gold Resource (NYSEAMERICAN:GORO) has a market capitalization of $92.82 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.

How many employees does Gold Resource have?

The company employs 540 workers across the globe.

How can I contact Gold Resource?

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.

This page (NYSEAMERICAN:GORO) was last updated on 4/1/2023 by MarketBeat.com Staff