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.
In the latest session, Gold Resource Corp (AMEX: GORO) closed at $0.95 up 2.07% from its previous closing price of $0.94. In other words, the price has increased by $2.07 from its previous closing price. On the day, 1.93 million shares were traded. GORO stock price reached its highest trading level at $0.9711 during the session, while it also had its lowest trading level at $0.9051.
Ratios:
For a deeper understanding of Gold Resource Corp’s stock, let’s take a closer look at its various 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 154389168 and an Enterprise Value of 144592176. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.52 while its Price-to-Book (P/B) ratio in mrq is 5.95. Its current Enterprise Value per Revenue stands at 2.354 whereas that against EBITDA is -24.441.
Stock Price History:
The Beta on a monthly basis for GORO is 0.83, which has changed by 3.2727275 over the last 52 weeks, in comparison to a change of 0.13927746 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 $0.20. The 50-Day Moving Average of the stock is 21.67%, while the 200-Day Moving Average is calculated to be 49.28%.
Shares Statistics:
For the past three months, GORO has traded an average of 2.00M shares per day and 2153940 over the past ten days. A total of 161.77M shares are outstanding, with a floating share count of 160.94M. Insiders hold about 0.51% of the company’s shares, while institutions hold 43.60% stake in the company. Shares short for GORO as of 1764288000 were 1356265 with a Short Ratio of 0.68, compared to 1761868800 on 1287614. Therefore, it implies a Short% of Shares Outstanding of 1356265 and a Short% of Float of 0.84.
