Gold Resource Corp (GORO)’s Market Momentum: Closing Strong at 0.54, Down -6.88

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As of close of business last night, Gold Resource Corp’s stock clocked out at $0.54, down -6.88% from its previous closing price of $0.58. In other words, the price has decreased by -$6.88 from its previous closing price. On the day, 1.53 million shares were traded. GORO stock price reached its highest trading level at $0.597 during the session, while it also had its lowest trading level at $0.535.

Ratios:

To gain a deeper understanding of GORO’s stock, we examine 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.

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 59992684 and an Enterprise Value of 49951316. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 0.676 whereas that against EBITDA is -14.155.

Stock Price History:

The Beta on a monthly basis for GORO is 1.16, which has changed by 0.10204077 over the last 52 weeks, in comparison to a change of 0.06429911 over the same period for the S&P500. Over the past 52 weeks, GORO has reached a high of $0.74, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is 23.22%, while the 200-Day Moving Average is calculated to be 54.95%.

Shares Statistics:

It appears that GORO traded 2.95M shares on average per day over the past three months and 1841700 shares per day over the past ten days. 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 13.64% stake in the company. Shares short for GORO as of 1741910400 were 514835 with a Short Ratio of 0.17, compared to 1739491200 on 1091511. Therefore, it implies a Short% of Shares Outstanding of 514835 and a Short% of Float of 0.45999999999999996.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 1.86.

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