Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, Gold Resource Corp’s stock clocked out at $0.68, up 3.41% from its previous closing price of $0.66. In other words, the price has increased by $3.41 from its previous closing price. On the day, 0.66 million shares were traded. GORO stock price reached its highest trading level at $0.68 during the session, while it also had its lowest trading level at $0.647.
Ratios:
To gain a deeper understanding of GORO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 3.33 whereas as Long-Term Debt/Eq ratio is at 3.33.
Upgrades & Downgrades
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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GORO now has a Market Capitalization of 109838896 and an Enterprise Value of 100041904. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.80 while its Price-to-Book (P/B) ratio in mrq is 4.23. Its current Enterprise Value per Revenue stands at 1.629 whereas that against EBITDA is -16.91.
Stock Price History:
The Beta on a monthly basis for GORO is 0.84, which has changed by 3.4 over the last 52 weeks, in comparison to a change of 0.09654534 over the same period for the S&P500. Over the past 52 weeks, GORO has reached a high of $1.18, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is -13.46%, while the 200-Day Moving Average is calculated to be 13.09%.
Shares Statistics:
It appears that GORO traded 2.43M shares on average per day over the past three months and 1251690 shares per day over the past ten days. A total of 161.77M shares are outstanding, with a floating share count of 160.79M. Insiders hold about 0.60% of the company’s shares, while institutions hold 43.60% stake in the company. Shares short for GORO as of 1761868800 were 1287614 with a Short Ratio of 0.53, compared to 1759190400 on 1434673. Therefore, it implies a Short% of Shares Outstanding of 1287614 and a Short% of Float of 0.8.
