Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Gold Resource Corp (AMEX: GORO) closed at $0.5 up 0.14% from its previous closing price of $0.5. In other words, the price has increased by $0.14 from its previous closing price. On the day, 1.33 million shares were traded. GORO stock price reached its highest trading level at $0.5178 during the session, while it also had its lowest trading level at $0.4861.
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 1.23 and its Current Ratio is at 1.65. In the meantime, Its Debt-to-Equity ratio is 4.59 whereas as Long-Term Debt/Eq ratio is at 4.59.
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:
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 67815648 and an Enterprise Value of 60883516. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 3.54. Its current Enterprise Value per Revenue stands at 1.222 whereas that against EBITDA is -4.04.
Stock Price History:
The Beta on a monthly basis for GORO is 0.83, which has changed by 0.31578946 over the last 52 weeks, in comparison to a change of 0.19554341 over the same period for the S&P500. Over the past 52 weeks, GORO has reached a high of $0.81, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is -15.89%, while the 200-Day Moving Average is calculated to be 17.91%.
Shares Statistics:
For the past three months, GORO has traded an average of 2.13M shares per day and 3759540 over the past ten days. A total of 136.45M shares are outstanding, with a floating share count of 134.12M. Insiders hold about 1.70% of the company’s shares, while institutions hold 11.73% stake in the company. Shares short for GORO as of 1752537600 were 1856263 with a Short Ratio of 0.87, compared to 1749772800 on 1752017. Therefore, it implies a Short% of Shares Outstanding of 1856263 and a Short% of Float of 1.3599999999999999.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$0.19 and -$0.19 for the fiscal current year, implying an average EPS of -$0.19.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for GORO’s current fiscal year. The highest revenue estimate was $62.53M, while the lowest revenue estimate was $62.53M, resulting in an average revenue estimate of $62.53M. In the same quarter a year ago, actual revenue was $65.73MBased on 1 analysts’ estimates, the company’s revenue will be $145.23M in the next fiscal year. The high estimate is $145.23M and the low estimate is $145.23M.
