The 36-month beta value for GORO is also noteworthy at 1.16. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for GORO is 93.77M, and at present, short sellers hold a 1.16% of that float. The average trading volume of GORO on March 10, 2025 was 2.77M shares.
GORO) stock’s latest price update
Gold Resource Corp (AMEX: GORO)’s stock price has decreased by -12.92 compared to its previous closing price of 0.60. However, the company has seen a 11.26% increase in its stock price over the last five trading sessions. businesswire.com reported 2025-03-05 that DENVER–(BUSINESS WIRE)–Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce the release of the S-K 1300 Technical Report Summary (the “Report”) for the Don David Gold Mine (“DDGM”) located in Oaxaca, Mexico. The Report summarizes the successful 2024 drilling program which resulted in a replacement of 2024 mined reserves plus a 10% increase in tonnes in Mineral Reserves at December 31, 2024 compared to December 31, 2023. This increase is most significant in th.
GORO’s Market Performance
GORO’s stock has risen by 11.26% in the past week, with a monthly rise of 61.56% and a quarterly rise of 183.81%. The volatility ratio for the week is 22.61% while the volatility levels for the last 30 days are 16.60% for Gold Resource Corp The simple moving average for the past 20 days is 26.84% for GORO’s stock, with a 50.97% simple moving average for the past 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 46.83% 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 -26.41% of loss for the given period.
Volatility was left at 16.60%, however, over the last 30 days, the volatility rate increased by 22.61%, as shares surge +72.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +110.69% upper at present.
During the last 5 trading sessions, GORO rose by +11.26%, which changed the moving average for the period of 200-days by +0.29% in comparison to the 20-day moving average, which settled at $0.4119. In addition, Gold Resource Corp saw 127.08% 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 0.66. 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 summary, Gold Resource Corp (GORO) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
