Views of Wall Street’s Leading Experts on Gold Resource Corp

With 2.39 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.6 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $0.5500 whereas the lowest price it dropped to was $0.4500. The 52-week range on GORO shows that it touched its highest point at $1.19 and its lowest point at $0.22 during that stretch. It currently has a 1-year price target of $1.38. Beta for the stock currently stands at 1.63.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GORO was up-trending over the past week, with a rise of 28.95%, but this was up by 96.16% over a month. Three-month performance surged to 28.47% while six-month performance rose 19.31%. The stock lost -51.49% in the past year, while it has gained 30.32% so far this year. A look at the trailing 12-month EPS for GORO yields -0.18 with Next year EPS estimates of -0.10. For the next quarter, that number is -0.05. This implies an EPS growth rate of 26.47% for this year and 20.00% for next year.

Float and Shares Shorts:

At present, 88.69 million GORO shares are outstanding with a float of 88.10 million shares on hand for trading. On Mar 15, 2024, short shares totaled 0.11 million, which was 0.12% higher than short shares on Feb 15, 2024. In addition to GPRO as the firm’s GoPro, Inc., RORO serves as its RORO.

Institutional Ownership:

Through their ownership of 19.70% of GORO’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GORO since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.