Understanding Gold Resource Corp (GORO)’s financial health through ratios

Gold Resource Corp (AMEX: GORO) closed the day trading at $0.49 up 12.75% from the previous closing price of $0.43. In other words, the price has increased by $+0.0554 from its previous closing price. On the day, 2387714 shares were traded. GORO stock price reached its highest trading level at $0.5500 during the session, while it also had its lowest trading level at $0.4500.

Ratios:

For a better understanding of GORO, let’s look at 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 43.46M and an Enterprise Value of 36.75M. 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 0.34 whereas that against EBITDA is 5.02.

Stock Price History:

Over the past 52 weeks, GORO has reached a high of $1.19, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is 0.2996, while the 200-Day Moving Average is calculated to be 0.4209.

Shares Statistics:

Over the past 3-months, GORO traded about 600.14K shares per day on average, while over the past 10 days, GORO traded about 734.91k shares per day. A total of 88.69M shares are outstanding, with a floating share count of 88.10M. Insiders hold about 0.67% of the company’s shares, while institutions hold 19.69% stake in the company. Shares short for GORO as of Mar 15, 2024 were 109.82k with a Short Ratio of 0.18, compared to 239.37k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.12% and a Short% of Float of 0.12%.

Dividends & Splits

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

Earnings Estimates

Current recommendations for the stock of the company come from 1 analysts. On average, analysts expect EPS of -$0.02 for the current quarter, with a high estimate of -$0.02 and a low estimate of -$0.02, while EPS last year was -$0.04. The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.05 and low estimates of -$0.05.

Analysts are recommending an EPS of between -$0.18 and -$0.22 for the fiscal current year, implying an average EPS of -$0.2. EPS for the following year is -$0.12, with 2 analysts recommending between -$0.06 and -$0.19.

Revenue Estimates

1 analysts predict $21.14M in revenue for the current quarter. It ranges from a high estimate of $18.95M to a low estimate of $18.95M. As of the current estimate, Gold Resource Corp’s year-ago sales were $32.37M, an estimated decrease of -34.70% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $15.95M, a decrease of -48.90% less than the figure of -$34.70% in the same quarter last year. There is a high estimate of $15.95M for the next quarter, whereas the lowest estimate is $15.95M.

A total of 2 analysts have provided revenue estimates for GORO’s current fiscal year. The highest revenue estimate was $97.7M, while the lowest revenue estimate was $95.54M, resulting in an average revenue estimate of $97.73M. In the same quarter a year ago, actual revenue was $138.72M, down -29.60% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $85.99M in the next fiscal year. The high estimate is $105.3M and the low estimate is $66.67M. The average revenue growth estimate for next year is down -12.00% from the average revenue estimate for this year.

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