HC Wainwright Forecasts Gold Resource FY2026 Earnings

Gold Resource Co. (NYSE:GORO) – Analysts at HC Wainwright issued their FY2026 earnings per share (EPS) estimates for Gold Resource in a research note issued on Thursday, March 19th. HC Wainwright analyst H. Ihle forecasts that the company will earn $0.05 per share for the year. HC Wainwright currently has a “Buy” rating and a $1.75 target price on the stock. The consensus estimate for Gold Resource’s current full-year earnings is ($0.38) per share.

Gold Resource Price Performance

Shares of Gold Resource stock opened at $0.99 on Friday. Gold Resource has a 1 year low of $0.34 and a 1 year high of $1.87. The firm has a market cap of $159.37 million, a PE ratio of -2.01 and a beta of 0.81. The stock has a fifty day moving average price of $1.44 and a 200-day moving average price of $1.02.

Hedge Funds Weigh In On Gold Resource

Several institutional investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Gold Resource by 61.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,325,501 shares of the company’s stock worth $1,185,000 after buying an additional 881,701 shares during the last quarter. Jane Street Group LLC boosted its stake in Gold Resource by 165.2% in the first quarter. Jane Street Group LLC now owns 474,468 shares of the company’s stock valued at $242,000 after acquiring an additional 295,565 shares during the last quarter. Geode Capital Management LLC boosted its stake in Gold Resource by 39.9% in the second quarter. Geode Capital Management LLC now owns 1,381,916 shares of the company’s stock valued at $843,000 after acquiring an additional 394,028 shares during the last quarter. Captrust Financial Advisors bought a new position in shares of Gold Resource during the 2nd quarter valued at approximately $56,000. Finally, Vanguard Group Inc. grew its position in shares of Gold Resource by 1.5% during the 3rd quarter. Vanguard Group Inc. now owns 6,148,795 shares of the company’s stock valued at $5,140,000 after acquiring an additional 91,241 shares during the period. Institutional investors own 18.38% of the company’s stock.

About Gold Resource

Gold Resource Corporation (NYSE: GORO) is a Denver, Colorado–based precious metals producer focused on gold and silver mining and processing. The company’s principal operations are located in Oaxaca State, Mexico, where it holds 100% interest in the Arista underground mine and the El Águila tailings reprocessing facility. Gold Resource’s Mexican operations are complemented by corporate and administrative offices in Denver and field offices in Mexico City.

At the Arista mine, Gold Resource conducts underground mining of high-grade gold and silver veins, producing doré bars and metal concentrates that are shipped to third-party smelters.