Gold Resource Corporation (AMEX:GORO) went up by 2.35% from its latest closing price compared to the recent 1-year high of $6.24. The company’s stock price has collected 5.44% of gains in the last five trading sessions. Press Release reported on 09/28/20 that Gold Resource Corporation Declares September Monthly Dividend
Is It Worth Investing in Gold Resource Corporation (AMEX :GORO) Right Now?
Plus, the 36-month beta value for GORO is at 1.98. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Gold Resource Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
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The average price from analysts is $7.43. GORO currently public float of 67.77M and currently shorts hold a 4.74% ratio of that float. Today, the average trading volume of GORO was 1.22M shares.
GORO’s Market Performance
GORO stocks went up by 5.44% for the week, with a monthly drop of -12.09% and a quarterly performance of -9.35%, while its annual performance rate touched 6.73%. The volatility ratio for the week stands at 3.81% while the volatility levels for the past 30 days are set at 4.44% for Gold Resource Corporation. The simple moving average for the period of the last 20 days is -4.75% for GORO stocks with a simple moving average of -17.11% for the last 200 days.
Analysts’ Opinion of GORO
Many brokerage firms have already submitted their reports for GORO stocks, with ROTH Capital repeating the rating for GORO by listing it as a “Buy.” The predicted price for GORO in the upcoming period, according to ROTH Capital is $6.50 based on the research report published on June 11th of the previous year 2019.
H.C. Wainwright, on the other hand, stated in their research note that they expect to see GORO reach a price target of $7.75. The rating they have provided for GORO stocks is “Buy” according to the report published on March 25th, 2019.
Global Hunter Securities gave a rating of “Reduce” to GORO, setting the target price at $8 in the report published on May 09th of the previous year.
GORO Trading at -13.87% from the 50-Day Moving Average
After a stumble in the market that brought GORO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -44.07% of loss for the given period.
Volatility was left at 4.44%, however, over the last 30 days, the volatility rate increased by 3.81%, as shares sank -10.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.68% lower at present.
During the last 5 trading sessions, GORO rose by +5.44%, which changed the moving average for the period of 200-days by -33.01% in comparison to the 20-day moving average, which settled at $3.64. In addition, Gold Resource Corporation saw -37.00% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at GORO starting from Perry Kimberly C, who purchase 4 shares at the price of $4.73 back on Jul 23. After this action, Perry Kimberly C now owns 25,459 shares of Gold Resource Corporation, valued at $19 using the latest closing price.
CONRAD BILL M, the Director of Gold Resource Corporation, sale 9,170 shares at $3.80 during a trade that took place back on Jun 29, which means that CONRAD BILL M is holding 231,090 shares at $34,846 based on the most recent closing price.
Stock Fundamentals for GORO
Current profitability levels for the company are sitting at:
- +9.66 for the present operating margin
- +17.39 for the gross margin
The net margin for Gold Resource Corporation stands at +4.36. The total capital return value is set at 8.65, while invested capital returns managed to touch 4.04. Equity return is now at value -1.10, with -0.90 for asset returns.
Based on Gold Resource Corporation (GORO), the company’s capital structure generated 6.32 points at debt to equity in total, while total debt to capital is 5.94. Total debt to assets is 4.81, with long-term debt to equity ratio resting at 0.87. Finally, the long-term debt to capital ratio is 0.82.
Currently, EBITDA for the company is 558,000 with total debt to EBITDA at 0.07. When we switch over and look at the enterprise to sales, we see a ratio of 2.61, with the company’s debt to enterprise value settled at 0.03. The receivables turnover for the company is 24.55 and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.81.