Balance Sheet Breakdown: Gold Resource Corp (GORO)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $0.50 in the prior trading day, Gold Resource Corp (AMEX: GORO) closed at $0.50, up 0.80%. In other words, the price has increased by $0.80 from its previous closing price. On the day, 0.88 million shares were traded. GORO stock price reached its highest trading level at $0.5224 during the session, while it also had its lowest trading level at $0.5.

Ratios:

Our goal is to gain a better understanding of GORO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 2.34. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.46.

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 44733832 and an Enterprise Value of 38479836. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 0.46. Its current Enterprise Value per Revenue stands at 0.394 whereas that against EBITDA is 4.915.

Stock Price History:

The Beta on a monthly basis for GORO is 1.57, which has changed by -0.44444442 over the last 52 weeks, in comparison to a change of 0.22363698 over the same period for the S&P500. Over the past 52 weeks, GORO has reached a high of $0.99, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is 25.62%, while the 200-Day Moving Average is calculated to be 23.87%.

Shares Statistics:

The stock has traded on average 885.20K shares per day over the past 3-months and 702390 shares per day over the last 10 days, according to various share statistics. A total of 88.69M shares are outstanding, with a floating share count of 87.91M. Insiders hold about 0.95% of the company’s shares, while institutions hold 19.14% stake in the company. Shares short for GORO as of 1713139200 were 221450 with a Short Ratio of 0.25, compared to 1710460800 on 109822. Therefore, it implies a Short% of Shares Outstanding of 221450 and a Short% of Float of 0.25.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 1.86.

Earnings Estimates

The performance of Gold Resource Corp (GORO) in the stock market is under the watchful eye of 1.0 analysts actively contributing to its current rating.On average, analysts expect EPS of -$0.05 for the current quarter, with a high estimate of -$0.05 and a low estimate of -$0.05, while EPS last year was -$0.01. The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.05 and low estimates of -$0.05.

Analysts are recommending an EPS of between -$0.06 and -$0.19 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is -$0.1, with 1.0 analysts recommending between -$0.1 and -$0.1.

Revenue Estimates

1 analysts predict $15.95M in revenue for the current quarter. It ranges from a high estimate of $15.95M to a low estimate of $15.95M. As of the current estimate, Gold Resource Corp’s year-ago sales were $31.23MFor the next quarter, 1 analysts are estimating revenue of $16.86M. There is a high estimate of $16.86M for the next quarter, whereas the lowest estimate is $16.86M.

A total of 2 analysts have provided revenue estimates for GORO’s current fiscal year. The highest revenue estimate was $105.3M, while the lowest revenue estimate was $66.67M, resulting in an average revenue estimate of $85.99M. In the same quarter a year ago, actual revenue was $97.73MBased on 1 analysts’ estimates, the company’s revenue will be $80.76M in the next fiscal year. The high estimate is $80.76M and the low estimate is $80.76M.

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