Gold Resource Corp (AMEX:GORO) traded at $0.21 at last check on current trade day and made a downward move of -6.82% on its previous day’s price.
Looking at the stock we see that its previous close was $0.23 and the beta (5Y monthly) reads 1.519 with the day’s price range being $0.2 – $0.2141. In terms of its 52-week price range, GORO has a high of $0.71 and a low of $0.12. The company’s stock has gained about 15.74% over that past 30 days.
Gold Resource Corp has a market cap of $20.32 million and is expected to release its quarterly earnings report in February.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 16.66M, with a low of 16.66M and a high of 16.66M. The median projection represents growth adding up to -21.20% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 83.67M, or -14.38% down from figures reported last year.
On the other hand, looking at the outlook for the GORO stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell.
Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Gold Resource Corp (GORO) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 4.15% off its SMA20 and 21.43% from its 50-day simple moving average. The RSI (14) is pointing at 52.05 while the volatility over the past week is 12.60% and jumps to 14.78% over the past one month. The beta value is 1.50, while the average true range (ATR) is currently pointing at 0.03.
Coming back to Gold Resource Corp (AMEX:GORO), we note that the average 3-month trading volume was 2.09 million, while that of the preceding 10-day period stands at 1.73 million. Current shares outstanding are 95.33 million.
The insiders hold 1.76% of the company’s shares while institutions hold 15.57%. The data shows that short shares as of 2024-12-13, stood at 0.28 million at a short ratio of 0.25. This represents a 30.00 short interest in shares outstanding on 2024-12-13. Shares short rose in December from the previous month at 0.13 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -7.34% down in year-to-date price movement.
