Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Gold Resource Corp (AMEX: GORO) was $0.83 for the day, down -2.59% from the previous closing price of $0.85. In other words, the price has decreased by -$2.59 from its previous closing price. On the day, 0.75 million shares were traded. GORO stock price reached its highest trading level at $0.869 during the session, while it also had its lowest trading level at $0.8221.
Ratios:
Our analysis of GORO’s different ratios will help us gain a deeper understanding of the company. 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 133941984 and an Enterprise Value of 124144984. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.19 while its Price-to-Book (P/B) ratio in mrq is 5.16. Its current Enterprise Value per Revenue stands at 2.021 whereas that against EBITDA is -20.985.
Stock Price History:
The Beta on a monthly basis for GORO is 0.84, which has changed by 2.4583333 over the last 52 weeks, in comparison to a change of 0.15196204 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 7.28%, while the 200-Day Moving Average is calculated to be 27.68%.
Shares Statistics:
GORO traded an average of 1.92M shares per day over the past three months and 1772830 shares per day 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 1765756800 were 1573874 with a Short Ratio of 0.82, compared to 1763078400 on 1314105. Therefore, it implies a Short% of Shares Outstanding of 1573874 and a Short% of Float of 0.97.
