Financial Health Check: Examining Gold Resource Corp (GORO)’s Key Ratios

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Gold Resource Corp (AMEX: GORO) closed the day trading at $0.35 down -9.56% from the previous closing price of $0.38. In other words, the price has decreased by -$9.56 from its previous closing price. On the day, 1.47 million shares were traded. GORO stock price reached its highest trading level at $0.3828 during the session, while it also had its lowest trading level at $0.338.

Ratios:

For a better understanding of GORO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 1.38. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.89.

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 33045482 and an Enterprise Value of 31533036. 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 0.56. Its current Enterprise Value per Revenue stands at 0.427 whereas that against EBITDA is -8.935.

Stock Price History:

The Beta on a monthly basis for GORO is 1.58, which has changed by 0.39999998 over the last 52 weeks, in comparison to a change of 0.22208416 over the same period for the S&P500. Over the past 52 weeks, GORO has reached a high of $0.71, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is 39.83%, while the 200-Day Moving Average is calculated to be -2.74%.

Shares Statistics:

Over the past 3-months, GORO traded about 2.37M shares per day on average, while over the past 10 days, GORO traded about 3226010 shares per day. A total of 95.45M shares are outstanding, with a floating share count of 93.77M. Insiders hold about 1.76% of the company’s shares, while institutions hold 15.55% stake in the company. Shares short for GORO as of 1736899200 were 900374 with a Short Ratio of 0.38, compared to 1734048000 on 283258. Therefore, it implies a Short% of Shares Outstanding of 900374 and a Short% of Float of 0.9400000000000001.

Dividends & Splits

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

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