Should I buy or sell Gold Resource stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gold Resource in the last twelve months. There are currently 1 buy rating 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 target for 2024?

1 Wall Street analysts have issued 1-year price objectives for Gold Resource's stock. Their GORO share price targets range from $1.50 to $1.50. On average, they expect the company's share price to reach $1.50 in the next twelve months. This suggests a possible upside of 212.4% 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 2024?

Gold Resource's stock was trading at $0.2356 at the beginning of the year. Since then, GORO shares have increased by 103.8% and is now trading at $0.4802. View the best growth stocks for 2024 here .

When is Gold Resource's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024. View our GORO earnings forecast .

How were Gold Resource's earnings last quarter?

Gold Resource Co. (NYSE:GORO) announced its earnings results on Wednesday, March, 13th. The company reported ($0.03) EPS for the quarter. The business had revenue of $21.14 million for the quarter. Gold Resource had a negative trailing twelve-month return on equity of 15.48% and a negative net margin of 16.39%.

Is Gold Resource a good dividend stock?

Gold Resource (NYSE:GORO) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.00%. Read our dividend analysis for GORO .

What ETF holds Gold Resource's stock?

Global X Silver Miners ETF holds 2,138,659 shares of GORO stock, representing 0.11% of its portfolio.

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 AcelRx Pharmaceuticals (ACRX) , Aptinyx (APTX) , Axcella Health (AXLA) , Aytu BioPharma (AYTU) , Calithera Biosciences (CALA) , Cidara Therapeutics (CDTX) , Catalyst Pharmaceuticals (CPRX) , DURECT (DRRX) , Geron (GERN) and

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:GORO

Gold Resource (GORO) Stock Price, News & Analysis

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$0.48

+0.02 (+4.35%)

(As of 04/19/2024 ET)

Compare

Today's Range: $0.45
▼
$0.51
50-Day Range: N/A
52-Week Range: $0.22
▼
$1.07

Volume: 720,233 shs
Average Volume: 793,327 shs
Market Capitalization: $42.62 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.50

Get Gold Resource alerts:

Gold Resource MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 212.4% Upside
$1.50 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.22
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.37 out of 5 stars

Basic Materials Sector

139th out of 174 stocks

Gold & Silver Ores Industry

25th out of 38 stocks

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.
Amount of Analyst Coverage
Gold Resource has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for GORO.

0.0

Dividend Strength

Dividend Yield
Gold Resource does not currently pay a dividend.
Dividend Growth
Gold Resource does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GORO.

2.9

News and Social Media Coverage

News Sentiment
Gold Resource has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Gold Resource this week, compared to 3 articles on an average week.
Search Interest
8 people have searched for GORO on MarketBeat in the last 30 days. This is an increase of 167% compared to the previous 30 days.
MarketBeat Follows
4 people have added Gold Resource to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

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 2.70% of the stock of Gold Resource is held by insiders.
Percentage Held by Institutions
Only 18.38% of the stock of Gold Resource is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Gold Resource is -2.82, 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 -2.82, 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 0.44. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Gold Resource Stock (NYSE:GORO)

Gold Resource Corporation engages in the exploration, development, and production of gold and silver projects in Mexico and the United States. The company explores for copper, lead, and zinc deposits. Its principal asset is the 100% owned Back Forty project covering approximately 1,304 hectares located in Menominee county, Michigan. Gold Resource Corporation was founded in 1998 and is headquartered in Denver, Colorado.

GORO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GORO Stock News Headlines

April 18, 2024 | seekingalpha.com

KALMF Kalgoorlie Gold Mining Limited

April 18, 2024 | seekingalpha.com

GoldON Resources arranges private placement financing

April 19, 2024 | American Alternative (Ad)

Your Money is Not Safe

April 17, 2024 | marketwatch.com

Silver has outperformed gold in 2024 and is on track for a 4th straight yearly supply deficit

April 17, 2024 | msn.com

Gold prices hover near $2,400 an ounce: 6 reasons to buy in today

April 16, 2024 | juniorminingnetwork.com

Gold Resource Announces Preliminary First Quarter Production Results

April 15, 2024 | businesswire.com

Gold Resource Corporation Announces Preliminary First Quarter Production Results

April 12, 2024 | msn.com

Costco’s Gold Rush: Should You Join In? Exploring the Market Impact of Surging Gold Sales

April 19, 2024 | American Alternative (Ad)

Your Money is Not Safe

April 11, 2024 | investorplace.com

7 Penny Stocks if You Believe Lady Luck's on Your Side

April 7, 2024 | msn.com

Gold Soars Above Rs. 70,000 on MCX: Why Investing in Gold Shines Bright

April 4, 2024 | tmcnet.com

Aqueduct Technologies Elevates GRC Programs with GRACE 2.0 Platform Release

April 2, 2024 | msn.com

SA researcher draws worldwide interest to R450bn gold reserve

April 2, 2024 | finance.yahoo.com

FedRAMP® Authorization Granted to Onspring GovCloud to Deliver Next-Gen GRC Software to U.S. Federal Agencies

March 28, 2024 | msn.com

Gold Royalty Projects Revenue To Double; Universal Stainless Sees Record Sales; Atlas Lithium Gets $30M And More: Thursday's Top Mining Stories

March 28, 2024 | tmcnet.com

Archer Introduces Archer RMIS AI, Leveraging Artificial Intelligence to Drive RMIS Innovation and Enhance GRC

March 18, 2024 | markets.businessinsider.com

Gold Road Resources Ltd (ELKMF) Gets a Buy from Macquarie

March 16, 2024 | seekingalpha.com

Gold Resource Corporation (GORO) Q4 2023 Earnings Call Transcript

March 16, 2024 | msn.com

Sacred Heart takes down GRC in state powerhouse battle

March 15, 2024 | finance.yahoo.com

Gold Resource Corporation (AMEX:GORO) Q4 2023 Earnings Call Transcript

March 15, 2024 | benzinga.com

Recap: Gold Resource Q4 Earnings

March 13, 2024 | nz.finance.yahoo.com

“Power” Universe Expands to Add New Prequel Series “Origins” — Find Out Which Fan-Favorite Characters Are Returning

March 13, 2024 | finance.yahoo.com

Gold Resource Corporation Reports Results of Operations for the Year Ended December 31, 2023

March 12, 2024 | benzinga.com

Earnings Preview: Gold Resource

March 12, 2024 | markets.businessinsider.com

Gold Resource earnings preview: what to expect

March 12, 2024 | marketwatch.com

Calibre Mining Increases Gold Reserves in Nevada, Nicaragua -- Commodity Comment

March 7, 2024 | insidermonkey.com

10 Countries That Have the Largest Gold Reserves

See More Headlines

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Company Calendar

Last Earnings: 3/13/2024
Today: 4/19/2024
Next Earnings (Estimated): 4/23/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Gold & silver ores
Sub-Industry: N/A
Current Symbol: NYSE:GORO
CUSIP: N/A
CIK: 1160791
Web: www.goldresourcecorp.com
Phone: 303-320-7708
Fax: 303-320-7835
Employees: 581
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $1.50
High Stock Price Target: $1.50
Low Stock Price Target: $1.50
Potential Upside/Downside: +202.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.17)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-16,020,000.00
Net Margins: -16.39%
Pretax Margin: -22.26%
Return on Equity: -15.48%
Return on Assets: -8.43%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.34
Quick Ratio: 1.52

Sales & Book Value

Annual Sales: $97.73 million
Price / Sales: 0.45
Cash Flow: $0.12 per share
Price / Cash Flow: 4.30
Book Value: $1.09 per share
Price / Book: 0.45

Miscellaneous

Outstanding Shares: 88,760,000
Free Float: 86,362,000
Market Cap: $44.02 million
Optionable: Optionable
Beta: 1.61

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Key Executives

Mr. Allen Joseph Palmiere B. Comm. (Age 71)
B.Com., C.A., CEO, President & Director
Comp: $657.53k
Mr. Alberto Reyes (Age 49)
Chief Operating Officer
Comp: $455.31k
Mr. Chet Holyoak (Age 43)
CFO & Corporate Controller
Mr. Patrick Frenette
Vice President of Technical Services
Mr. Fred H. Brown P.Geo.
Senior Resource Geologist
Mr. Steve Donohue
Vice President of Environmental & Regulatory Affairs

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

GORO Stock Analysis - Frequently Asked Questions

Should I buy or sell Gold Resource stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gold Resource in the last twelve months. There are currently 1 buy rating 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 target for 2024?: 1 Wall Street analysts have issued 1-year price objectives for Gold Resource's stock. Their GORO share price targets range from $1.50 to $1.50. On average, they expect the company's share price to reach $1.50 in the next twelve months. This suggests a possible upside of 212.4% 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 2024?: Gold Resource's stock was trading at $0.2356 at the beginning of the year. Since then, GORO shares have increased by 103.8% and is now trading at $0.4802.
View the best growth stocks for 2024 here.
When is Gold Resource's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our GORO earnings forecast.
How were Gold Resource's earnings last quarter?: Gold Resource Co. (NYSE:GORO) announced its earnings results on Wednesday, March, 13th. The company reported ($0.03) EPS for the quarter. The business had revenue of $21.14 million for the quarter. Gold Resource had a negative trailing twelve-month return on equity of 15.48% and a negative net margin of 16.39%.

Is Gold Resource a good dividend stock?: Gold Resource (NYSE:GORO) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.00%.
Read our dividend analysis for GORO.
What ETF holds Gold Resource's stock?: Global X Silver Miners ETF holds 2,138,659 shares of GORO stock, representing 0.11% of its portfolio.
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 AcelRx Pharmaceuticals (ACRX), Aptinyx (APTX), Axcella Health (AXLA), Aytu BioPharma (AYTU), Calithera Biosciences (CALA), Cidara Therapeutics (CDTX), Catalyst Pharmaceuticals (CPRX), DURECT (DRRX), Geron (GERN) and
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GORO) was last updated on 4/19/2024 by MarketBeat.com Staff

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Gold Resource (GORO) Stock Price, News & Analysis

Gold Resource MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Gold Resource Stock (NYSE:GORO)

GORO Stock Price History

GORO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

GORO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™