Gold Resource Corporation (GORO) stock is nearly perfect except the valuation

Gold Resource Corporation (AMEX: GORO) closed the day trading at $1.70 up 4.94% from the previous closing price of $1.62. In other words, the price has increased by $+0.0800 from its previous closing price. On the day, 500298 shares were traded. GORO stock price reached its highest trading level at $1.7299 during the session, while it also had its lowest trading level at $1.6200.

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For a better understanding of GORO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.80 and its Current Ratio is at 2.50. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Alliance Global Partners on July 21, 2022, initiated with a Buy rating and assigned the stock a target price of $4.25.

On June 11, 2019, ROTH Capital started tracking the stock assigning a Buy rating and target price of $6.50.

On March 25, 2019, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $7.75.H.C. Wainwright initiated its Buy rating on March 25, 2019, with a $7.75 target price.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 1.30.

Stock Price History:

Over the past 52 weeks, GORO has reached a high of $2.63, while it has fallen to a 52-week low of $1.50. The 50-Day Moving Average of the stock is 1.6404, while the 200-Day Moving Average is calculated to be 1.8266.

Shares Statistics:

Over the past 3-months, GORO traded about 610.15K shares per day on average, while over the past 10 days, GORO traded about 563.69k shares per day. A total of 88.39M shares are outstanding, with a floating share count of 87.61M. Insiders hold about 1.00% of the company’s shares, while institutions hold 30.30% stake in the company. Shares short for GORO as of Oct 13, 2022 were 829.24k with a Short Ratio of 0.68M, compared to 853.32k on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 0.94% and a Short% of Float of 0.94%.

Dividends & Splits

GORO’s forward annual dividend rate is 0.04, up from 0.04 a year ago. Against a Trailing Annual Dividend Yield of 2.47%, it implies a Forward Annual Dividend Yield of 2.35%. The stock’s 5-year Average Dividend Yield is 1.13.

Earnings Estimates

Current recommendations for the stock of the company come from 1 analysts. The consensus estimate for the next quarter is $0.01, with high estimates of $0.01 and low estimates of $0.01.

Analysts are recommending an EPS of between $0.1 and $0.1 for the fiscal current year, implying an average EPS of $0.1. EPS for the following year is $0.15, with 1 analysts recommending between $0.15 and $0.15.

Revenue Estimates

1 analysts predict $27.24M in revenue for the current quarter. It ranges from a high estimate of $27.24M to a low estimate of $27.24M. As of the current estimate, Gold Resource Corporation’s year-ago sales were $29.03M, an estimated decrease of -6.20% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $27.63M, a decrease of -27.40% less than the figure of -$6.20% in the same quarter last year. There is a high estimate of $27.63M for the next quarter, whereas the lowest estimate is $27.63M.

A total of 2 analysts have provided revenue estimates for GORO’s current fiscal year. The highest revenue estimate was $137.35M, while the lowest revenue estimate was $136.7M, resulting in an average revenue estimate of $137.02M. In the same quarter a year ago, actual revenue was $125.2M, up 9.40% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $132.53M in the next fiscal year. The high estimate is $140.04M and the low estimate is $125.02M. The average revenue growth estimate for next year is down -3.30% from the average revenue estimate for this year.