Gold Resource Corp (AMEX: GORO) has seen a rise in its stock price by 7.29 in relation to its previous close of 0.55. However, the company has experienced a 18.12% gain 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.
Is It Worth Investing in Gold Resource Corp (AMEX: GORO) Right Now?
Additionally, the 36-month beta value for GORO is 1.22. 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 currently, short sellers hold a 0.79% ratio of that float. The average trading volume of GORO on March 25, 2025 was 2.94M shares.
GORO’s Market Performance
The stock of Gold Resource Corp (GORO) has seen a 18.12% increase in the past week, with a 41.72% rise in the past month, and a 165.52% gain in the past quarter. The volatility ratio for the week is 11.82%, and the volatility levels for the past 30 days are at 15.83% for GORO. The simple moving average for the last 20 days is 15.25% for GORO stock, with a simple moving average of 68.66% 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 38.12% 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 -20.70% of loss for the given period.
Volatility was left at 15.83%, however, over the last 30 days, the volatility rate increased by 11.82%, as shares surge +32.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +102.26% upper at present.
During the last 5 trading sessions, GORO rose by +18.93%, which changed the moving average for the period of 200-days by +22.53% in comparison to the 20-day moving average, which settled at $0.5086. In addition, Gold Resource Corp saw 154.67% 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 0.74. 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 conclusion, Gold Resource Corp (GORO) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
