With 3.15 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.89 million shares. The 52-week range on GORO shows that it touched its highest point at $0.74 and its lowest point at $0.12 during that stretch. It currently has a 1-year price target of $1.25. Beta for the stock currently stands at 1.23.
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 7.94%, but this was up by 71.09% over a month. Three-month performance surged to 168.34% while six-month performance rose 47.01%. The stock gained 84.96% in the past year, while it has gained 125.08% so far this year. A look at the trailing 12-month EPS for GORO yields -0.50 with Next year EPS estimates of -0.06.
Float and Shares Shorts:
At present, 95.45 million GORO shares are outstanding with a float of 93.77 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GORO since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.48 being high and -$0.48 being low. For GORO, this leads to a yearly average estimate of -$0.48. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
