Gold Resource Stock Today
| GORO Stock | USD 0.17 0.02 13.33% |
Performance0 of 100
| Odds Of DistressLess than 38
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Gold Resource is selling at 0.17 as of the 28th of November 2024; that is 13.33% increase since the beginning of the trading day. The stock's open price was 0.15. Gold Resource has about a 38 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Gold Resource are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Materials | IPO Date 14th of September 2006 | Category Basic Materials |
Gold Resource Corporation engages in the exploration, development, and production of gold and silver projects in Mexico and the United States. The company was founded in 1998 and is headquartered in Denver, Colorado. Gold Resource operates under Gold classification in the United States and is traded on AMEX Exchange. The company has 95.33 M outstanding shares of which 128.04 K shares are currently shorted by private and institutional investors with about 0.04 trading days to cover. More on Gold Resource
Moving together with Gold Stock
| 0.71 | BAK | Braskem SA Class | PairCorr |
| 0.82 | DOW | Dow Inc Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.64 | EGO | Eldorado Gold Corp | PairCorr |
Moving against Gold Stock
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Gold Stock Highlights
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, Precious Metals, Gold and Gold Mining, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsGold Resource can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Gold Resource's financial leverage. It provides some insight into what part of Gold Resource's total assets is financed by creditors.
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Gold Resource (GORO) is traded on NYSE MKT Exchange in USA. It is located in 7900 East Union Avenue, Denver, CO, United States, 80237 and employs 504 people. Gold Resource is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 16.62 M. Gold Resource conducts business under Metals & Mining sector and is part of Materials industry. The entity has 95.33 M outstanding shares of which 128.04 K shares are currently shorted by private and institutional investors with about 0.04 trading days to cover.
Gold Resource currently holds about 33.34 M in cash with (5.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationGold Resource has a total of 95.33 Million outstanding shares. Roughly 81.24 (percent) of Gold Resource outstanding shares are held by general public with 2.0 % owned by insiders and only 16.76 pct. by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Gold Resource Historical Income Statement
Gold Stock Against Markets
Gold Resource Corporate Management
| Alberto Reyes | Chief Officer | Profile | |
| Chet Holyoak | Interim Controller | Profile | |
| Comm BCom | Pres CEO | Profile | |
| Fred PGeo | Resource Geologist | Profile | |
| Steve Donohue | Vice Affairs | Profile | |
| Patrick Frenette | Vice Services | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gold Resource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gold Resource. If investors know Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gold Resource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.742 | Earnings Share (0.57) | Revenue Per Share 0.817 | Quarterly Revenue Growth (0.35) | Return On Assets (0.09) |
The market value of Gold Resource is measured differently than its book value, which is the value of Gold that is recorded on the company's balance sheet. Investors also form their own opinion of Gold Resource's value that differs from its market value or its book value, called intrinsic value, which is Gold Resource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gold Resource's market value can be influenced by many factors that don't directly affect Gold Resource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gold Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold Resource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.