A share price of Gold Resource Corp [GORO] is currently trading at $0.35, up 8.13%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GORO shares have gain 5.24% over the last week, with a monthly amount glided 2.94%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Gold Resource Corp [AMEX: GORO] stock has seen the most recent analyst activity on July 21, 2022, when Alliance Global Partners initiated its Buy rating and assigned the stock a price target of $4.25. Previously, ROTH Capital started tracking the stock with Buy rating on June 11, 2019, and set its price target to $6.50. On March 25, 2019, H.C. Wainwright initiated with a Buy rating and assigned a price target of $7.75 on the stock. Global Hunter Securities downgraded its rating to a Reduce and decreased its price target to $8 on May 09, 2013. Global Hunter Securities downgraded its rating to a Neutral and reduced its price target to $17.50 on October 18, 2012. Global Hunter Securities started tracking with a Accumulate rating for this stock on August 02, 2012, and assigned it a price target of $22. In a note dated January 05, 2011, Jefferies initiated an Buy rating and provided a target price of $45 on this stock.
Gold Resource Corp experienced fluctuations in its stock price throughout the past year between $0.22 and $0.71. Gold Resource Corp [AMEX: GORO] shares were valued at $0.35 at the most recent close of the market.
Analyzing the GORO fundamentals
Trailing Twelve Months sales for Gold Resource Corp [AMEX:GORO] were 80.60M which represents -19.09% decline. Gross Profit Margin for this corporation currently stands at -0.2% with Operating Profit Margin at -0.27%, Pretax Profit Margin comes in at -0.39%, and Net Profit Margin reading is -0.53%. To continue investigating profitability, this company’s Return on Assets is posted at -0.26, Equity is -0.47 and Total Capital is -0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.75.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.3363 points at the first support level, and at 0.3189 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.3623, and for the 2nd resistance point, it is at 0.3709.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Gold Resource Corp [AMEX:GORO] is 2.17. As well, the Quick Ratio is 1.43, while the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 0.41, the price to book ratio is 0.49.
