In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Gold Resource Corp (AMEX: GORO) closed at $0.55 in the last session, up 7.14% from day before closing price of $0.52. In other words, the price has increased by $7.14 from its previous closing price. On the day, 4.0 million shares were traded.
Ratios:
We take a closer look at GORO’s different ratios to gain a better understanding of the stock. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 0.91.
Stock Price History:
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 50.55%, while the 200-Day Moving Average is calculated to be 60.36%.
Shares Statistics:
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.
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 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for GORO’s current fiscal year. The highest revenue estimate was $77.93M, while the lowest revenue estimate was $77.93M, resulting in an average revenue estimate of $77.93M. In the same quarter a year ago, actual revenue was $97.73MBased on 1 analysts’ estimates, the company’s revenue will be $108.7M in the next fiscal year. The high estimate is $108.7M and the low estimate is $108.7M.
