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As of close of business last night, Gold Resource Corp’s stock clocked out at $0.49, up 6.35% from its previous closing price of $0.46. In other words, the price has increased by $6.35 from its previous closing price. On the day, 0.72 million shares were traded. GORO stock price reached its highest trading level at $0.51 during the session, while it also had its lowest trading level at $0.45.
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 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 43136192 and an Enterprise Value of 36882200. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 0.45. Its current Enterprise Value per Revenue stands at 0.377 whereas that against EBITDA is 4.711.
Stock Price History:
Over the past 52 weeks, GORO has reached a high of $1.08, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is 28.50%, while the 200-Day Moving Average is calculated to be 18.85%.
Shares Statistics:
It appears that GORO traded 853.65K shares on average per day over the past three months and 1070590 shares per day over the past ten days. 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 19.75% stake in the company. Shares short for GORO as of 1711584000 were 166146 with a Short Ratio of 0.19, compared to 1709164800 on 184798. Therefore, it implies a Short% of Shares Outstanding of 166146 and a Short% of Float of 0.19.
Earnings Estimates
The current rating of Gold Resource Corp (GORO) is the result of assessments by RORO analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $1.70, with high estimates of $10.50 and low estimates of $0.49.
