Trading Day Review: Gold Resource Corp (GORO) Loses Momentum, Closing at 0.22

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The price of Gold Resource Corp (AMEX: GORO) closed at $0.22 in the last session, down -0.23% from day before closing price of $0.22. In other words, the price has decreased by -$0.23 from its previous closing price. On the day, 0.39 million shares were traded. GORO stock price reached its highest trading level at $0.2199 during the session, while it also had its lowest trading level at $0.203.

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:

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 20771316 and an Enterprise Value of 22205160. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 0.36. Its current Enterprise Value per Revenue stands at 0.3 whereas that against EBITDA is -6.292.

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 $0.12. The 50-Day Moving Average of the stock is 6.37%, while the 200-Day Moving Average is calculated to be -41.62%.

Shares Statistics:

According to the various share statistics, GORO traded on average about 1.96M shares per day over the past 3-months and 2212620 shares per day over the past 10 days. A total of 95.33M shares are outstanding, with a floating share count of 93.65M. Insiders hold about 1.76% of the company’s shares, while institutions hold 15.88% stake in the company. Shares short for GORO as of 1732838400 were 362651 with a Short Ratio of 0.18, compared to 1730332800 on 176067. Therefore, it implies a Short% of Shares Outstanding of 362651 and a Short% of Float of 0.38.

Dividends & Splits

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

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