Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Gold Resource Corp (AMEX: GORO) closed at $0.75 in the last session, down -2.63% from day before closing price of $0.77. In other words, the price has decreased by -$2.63 from its previous closing price. On the day, 1.0 million shares were traded. GORO stock price reached its highest trading level at $0.795 during the session, while it also had its lowest trading level at $0.75.
Ratios:
We take a closer look at GORO’s different ratios to gain a better understanding of the stock. 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 121421320 and an Enterprise Value of 111624320. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.99 while its Price-to-Book (P/B) ratio in mrq is 4.68. Its current Enterprise Value per Revenue stands at 1.817 whereas that against EBITDA is -18.868.
Stock Price History:
The Beta on a monthly basis for GORO is 0.85, which has changed by 3.1666665 over the last 52 weeks, in comparison to a change of 0.13506866 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 $0.16. The 50-Day Moving Average of the stock is -3.51%, while the 200-Day Moving Average is calculated to be 21.78%.
Shares Statistics:
According to the various share statistics, GORO traded on average about 2.20M shares per day over the past 3-months and 1063240 shares per day over the past 10 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 1763078400 were 1314105 with a Short Ratio of 0.60, compared to 1760486400 on 1451140. Therefore, it implies a Short% of Shares Outstanding of 1314105 and a Short% of Float of 0.8099999999999999.
