Daily Market Movement: Gold Resource Corp (GORO) Sees a 14.07 Increase, Closing at 0.39

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The closing price of Gold Resource Corp (AMEX: GORO) was $0.39 for the day, up 14.07% from the previous closing price of $0.34. In other words, the price has increased by $14.07 from its previous closing price. On the day, 1.16 million shares were traded. GORO stock price reached its highest trading level at $0.3859 during the session, while it also had its lowest trading level at $0.34.

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 1.43 and its Current Ratio is at 2.17. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.75.

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 36081172 and an Enterprise Value of 30739184. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at 0.379 whereas that against EBITDA is 83.758.

Stock Price History:

Over the past 52 weeks, GORO has reached a high of $0.71, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is -8.98%, while the 200-Day Moving Average is calculated to be -0.07%.

Shares Statistics:

GORO traded an average of 556.09K shares per day over the past three months and 847630 shares per day over the past ten days. A total of 93.52M shares are outstanding, with a floating share count of 91.80M. Insiders hold about 1.85% of the company’s shares, while institutions hold 16.31% stake in the company. Shares short for GORO as of 1722384000 were 38665 with a Short Ratio of 0.07, compared to 1719532800 on 101013. Therefore, it implies a Short% of Shares Outstanding of 38665 and a Short% of Float of 0.04.

Dividends & Splits

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

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