Gold Resource Corp (AMEX: GORO) kicked off on Friday, down -5.18% from the previous trading day, before settling in for the closing price of $0.42. Over the past 52 weeks, GORO has traded in a range of $0.22-$0.71.
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During the last 5-year period, the sales drop of Basic Materials Sector giant was -1.02%. While this was happening, its average annual earnings per share was recorded 17.65%. With a float of $89.11 million, this company’s outstanding shares have now reached $90.79 million.
Let’s determine the extent of company efficiency that accounts for 488 employees.
Gold Resource Corp (GORO) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Gold Industry. The insider ownership of Gold Resource Corp is 1.85%, while institutional ownership is 14.73%.
Gold Resource Corp (GORO) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 3/31/2024, the organization reported -0.05 earnings per share (EPS), lower than consensus estimate (set at -0.02) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 17.65% per share during the next fiscal year.
Gold Resource Corp (AMEX: GORO) Trading Performance Indicators
Take a look at Gold Resource Corp’s (GORO) current performance indicators. Last quarter, stock had a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.21, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.10 in one year’s time.
Technical Analysis of Gold Resource Corp (GORO)
Looking closely at Gold Resource Corp (AMEX: GORO), its last 5-days average volume was 0.4 million, which is a drop from its year-to-date volume of 0.67 million. As of the previous 9 days, the stock’s Stochastic %D was 26.16%. Additionally, its Average True Range was 0.03.
During the past 100 days, Gold Resource Corp’s (GORO) raw stochastic average was set at 18.17%, which indicates a significant increase from 3.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.04% in the past 14 days, which was lower than the 99.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.4473, while its 200-day Moving Average is $0.3889. However, in the short run, Gold Resource Corp’s stock first resistance to watch stands at $0.4279. Second resistance stands at $0.4552. The third major resistance level sits at $0.4706. If the price goes on to break the first support level at $0.3852, it is likely to go to the next support level at $0.3698. Should the price break the second support level, the third support level stands at $0.3425.
Gold Resource Corp (AMEX: GORO) Key Stats
The company with the Market Capitalisation of 36.38 million has total of 90,791K Shares Outstanding. Its annual sales at the moment are 97,730 K in contrast with the sum of -16,020 K annual income. Company’s last quarter sales were recorded 18,700 K and last quarter income was -4,020 K.
