GORO (Gold Resource Corp) dropped -9.59 at the last close: Is This Today’s Most Popular Stock?

Gold Resource Corp (AMEX: GORO) kicked off on Friday, down -9.59% from the previous trading day, before settling in for the closing price of $0.20. Over the past 52 weeks, GORO has traded in a range of $0.17-$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 -141.18%. With a float of $91.85 million, this company’s outstanding shares have now reached $93.52 million.

Let’s determine the extent of company efficiency that accounts for 488 employees. In terms of profitability, gross margin is -19.62%, operating margin of -26.56%, and the pretax margin is -39.01%.

Gold Resource Corp (GORO) Breakdown of a Key Holders of the stock

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 1.79%, while institutional ownership is 15.39%.

Gold Resource Corp (GORO) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.08 earnings per share (EPS), lower than consensus estimate (set at -0.04) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -141.18% 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 1.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.21.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.47, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.07 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 5.99 million, which is a jump from its year-to-date volume of 0.78 million. As of the previous 9 days, the stock’s Stochastic %D was 31.16%. Additionally, its Average True Range was 0.06.

During the past 100 days, Gold Resource Corp’s (GORO) raw stochastic average was set at 3.65%, which indicates a significant increase from 3.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 399.82% in the past 14 days, which was higher than the 165.76% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.3678, while its 200-day Moving Average is $0.3953. However, in the short run, Gold Resource Corp’s stock first resistance to watch stands at $0.1911. Second resistance stands at $0.2021. The third major resistance level sits at $0.2142. If the price goes on to break the first support level at $0.1680, it is likely to go to the next support level at $0.1559. Now, if the price goes above the second support level, the third support stands at $0.1449.

Gold Resource Corp (AMEX: GORO) Key Stats

The company with the Market Capitalisation of 16.83 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 20,780 K and last quarter income was -27,730 K.