Gold Resource Corp (AMEX: GORO) is 108.52% higher on its value in year-to-date trading and has touched a low of $0.12 and a high of $0.71 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GORO stock was last observed hovering at around $0.47 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.48, the stock is 27.30% and 44.73% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.62 million and changing 2.17% at the moment leaves the stock 38.65% off its SMA200. GORO registered 87.42% gain for a year compared to 6-month loss of 21.90%.
The stock witnessed a 25.34% gain in the last 1 month and extending the period to 3 months gives it a 218.80%, and is 16.03% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.49% over the week and 13.97% over the month.
Gold Resource Corp (GORO) has around 488 employees, a market worth around $45.79M and $72.24M in sales. Profit margin for the company is -62.72%. Distance from 52-week low is 286.94% and -32.42% from its 52-week high. The company has generated returns on investments over the last 12 months (-41.72%).
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Gold Resource Corp (GORO) Top Institutional Holders
The shares outstanding are 95.45M, and float is at 93.77M with Short Float at 1.16%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 5.26 million shares valued at $1.96 million. The investor’s holdings represent 5.9264% of the GORO Shares outstanding. As of 2024-06-30, the second largest holder is MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. with 2.41 million shares valued at $0.9 million to account for 2.6448 of the shares outstanding. The other top investors are RENAISSANCE TECHNOLOGIES LLC which holds 1.5 million shares representing 1.6869% and valued at over $0.56 million, while BLACKROCK INC. holds 1.1717 of the shares totaling 1.04 million with a market value of $0.39 million.
Gold Resource Corp (GORO) Insider Activity
A total of 0 insider transactions have happened at Gold Resource Corp (GORO) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Gold Resource Corp (GORO): Who are the competitors?
The company’s main competitors (and peers) include Hecla Mining Co. (HL) that is trading 29.92% up over the past 12 months. Royal Gold Inc. (RGLD) that is 33.73% higher over the same period.
