At the time of writing, Gold Resource Corp [GORO] stock is trading at $0.97, up 5.48%. 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 15.52% over the last week, with a monthly amount glided 18.28%, and seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Gold Resource Corp fluctuated between $0.23 and $1.18. Currently, Wall Street analysts expect the stock to reach $1.25 within the next 12 months. Gold Resource Corp [AMEX: GORO] shares were valued at $0.97 at the most recent close of the market. An investor can expect a potential return of 28.87% based on the average GORO price forecast.
Analyzing the GORO fundamentals
According to Gold Resource Corp [AMEX:GORO], the company’s sales were 61.16M for trailing twelve months, which represents an 96.33% jump. Gross Profit Margin for this corporation currently stands at -0.13% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.64%, and Net Profit Margin reading is -0.63%. To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is -1.6 and Total Capital is -0.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It is important to note that Gold Resource Corp [AMEX:GORO] has a current ratio of 1.70. As well, the Quick Ratio is 1.30, while the Cash Ratio is 0.53. Considering the valuation of this stock, the price to sales ratio is 2.43, the price to book ratio is 6.05.
