Company’s 36-month beta value is 1.46.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GORO is 93.77M, and currently, short sellers hold a 0.53% ratio of that floaft. The average trading volume of GORO on January 14, 2025 was 2.43M shares.
GORO) stock’s latest price update
Gold Resource Corp (AMEX: GORO) has seen a decline in its stock price by -1.04 in relation to its previous close of 0.30. However, the company has experienced a 28.50% gain in its stock price over the last five trading sessions. businesswire.com reported 2025-01-07 that DENVER–(BUSINESS WIRE)–Gold Resource Corporation (NYSE American: GORO) (the “Company”) today announces that it is pursuing a registered direct offering with certain investors for the purchase and sale of up to 15,625,000 shares of the Company’s common stock at a price of $0.16 per share (the “Shares”), resulting in estimated total gross proceeds of approximately $2.5 million. The closing of the sale of the Shares is expected to take place within the next 10 days, subject to the satisfaction o.
GORO’s Market Performance
GORO’s stock has risen by 28.50% in the past week, with a monthly rise of 69.75% and a quarterly drop of -19.08%. The volatility ratio for the week is 23.06% while the volatility levels for the last 30 days are 18.02% for Gold Resource Corp The simple moving average for the last 20 days is 28.78% for GORO stock, with a simple moving average of -19.53% for the last 200 days.
Analysts’ Opinion of GORO
Many brokerage firms have already submitted their reports for GORO stocks, with Alliance Global Partners repeating the rating for GORO by listing it as a “Buy.” The predicted price for GORO in the upcoming period, according to Alliance Global Partners is $4.25 based on the research report published on July 21, 2022 of the previous year 2022.
ROTH Capital, on the other hand, stated in their research note that they expect to see GORO reach a price target of $6.50. The rating they have provided for GORO stocks is “Buy” according to the report published on June 11th, 2019.
H.C. Wainwright gave a rating of “Buy” to GORO, setting the target price at $7.75 in the report published on March 25th of the previous year.
GORO Trading at 57.99% 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 -58.59% of loss for the given period.
Volatility was left at 18.02%, however, over the last 30 days, the volatility rate increased by 23.06%, as shares surge +82.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +120.06% upper at present.
During the last 5 trading sessions, GORO rose by +33.30%, which changed the moving average for the period of 200-days by -23.96% in comparison to the 20-day moving average, which settled at $0.2288. In addition, Gold Resource Corp saw 27.77% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GORO
Current profitability levels for the company are sitting at:
- -0.36 for the present operating margin
- -0.27 for the gross margin
The net margin for Gold Resource Corp stands at -0.62. The total capital return value is set at -0.19. Equity return is now at value -57.78, with -26.25 for asset returns.
Currently, EBITDA for the company is 5.15 million with net debt to EBITDA at 0.26. When we switch over and look at the enterprise to sales, we see a ratio of 0.36. The receivables turnover for the company is 13.48for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.38.
Conclusion
In a nutshell, Gold Resource Corp (GORO) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
