GORO - Gold Resource Corp Stock Price, Fair Value and News

0.53USD+0.03 (+6.00%)Market Closed

Market Summary

USD0.53+0.03

Market Closed

6.00%

GORO Stock Price

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GORO RSI Chart

GORO Valuation

Market Cap

48.1M

Price/Earnings (Trailing)

-2.53

Price/Sales (Trailing)

0.56

EV/EBITDA

0.94

Price/Free Cashflow

-2.99

GORO Price/Sales (Trailing)

GORO Profitability

EBT Margin

17.59%

Return on Equity

-20.48%

Return on Assets

-10.4%

Free Cashflow Yield

-33.47%

GORO Fundamentals

GORO Revenue

Revenue (TTM)

85.2M

Rev. Growth (Yr)

-40.11%

Rev. Growth (Qtr)

-11.54%

GORO Earnings

Earnings (TTM)

-19.0M

Earnings Growth (Yr)

-288.5%

Earnings Growth (Qtr)

-31.53%

Breaking Down GORO Revenue

Last 7 days

12.8%

Last 30 days

Last 90 days

103.9%

Trailing 12 Months

-39.1%

How does GORO drawdown profile look like?

GORO Financial Health

Current Ratio

2.12

GORO Investor Care

Shares Dilution (1Y)

2.63%

Diluted EPS (TTM)

-0.22

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	85.2M	0	0	0
2023	124.5M	112.3M	109.0M	97.7M
2022	143.3M	149.6M	144.4M	138.7M
2021	95.8M	114.1M	116.7M	125.2M
2020	130.9M	114.1M	100.5M	90.7M
2019	109.7M	108.3M	124.1M	135.4M
2018	118.0M	127.3M	120.5M	115.3M
2017	90.2M	85.4M	95.1M	110.2M
2016	81.7M	84.7M	86.6M	83.2M
2015	112.6M	102.2M	100.6M	92.7M
2014	114.6M	121.6M	113.3M	115.4M
2013	137.4M	133.4M	126.3M	125.8M
2012	130.5M	140.6M	139.3M	131.8M
2011	30.7M	46.7M	74.5M	105.2M
2010	0	0	0	14.8M

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Gold Resource Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 29, 2024	palmiere allen j	acquired	-	-	582,684	chief executive officer
Apr 29, 2024	reyes alberto	acquired	-	-	272,998	chief operating officer
Apr 29, 2024	holyoak chet	acquired	-	-	202,450	chief financial officer
Mar 21, 2024	reyes alberto	sold (taxes)	-6,864	0.395	-17,379	chief operating officer
Mar 17, 2024	holyoak chet	sold (taxes)	-816	0.38	-2,148	chief financial officer
Mar 17, 2024	reyes alberto	sold (taxes)	-5,562	0.38	-14,639	chief operating officer
Mar 14, 2024	palmiere allen j	acquired	-	-	114,324	chief executive officer
Mar 14, 2024	palmiere allen j	back to issuer	-37,829	0.3309	-114,324	chief executive officer
Mar 14, 2024	reyes alberto	acquired	-	-	63,116	chief operating officer
Mar 14, 2024	reyes alberto	back to issuer	-20,885	0.3309	-63,116	chief operating officer

Which funds bought or sold GORO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Arete Wealth Advisors, LLC	sold off	-100	-5,718	-	-%
May 16, 2024	JANE STREET GROUP, LLC	new	-	25,567	25,567	-%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-18.6	-7,296	115,996	-%
May 15, 2024	D. E. Shaw & Co., Inc.	reduced	-53.34	-11,204	13,114	-%
May 15, 2024	STATE STREET CORP	unchanged	-	18,032	133,733	-%
May 15, 2024	MORGAN STANLEY	reduced	-1.77	6,181	51,842	-%
May 15, 2024	HSBC HOLDINGS PLC	unchanged	-	1,327	9,224	-%
May 15, 2024	AMERIPRISE FINANCIAL INC	added	10.6	1,374	6,308	-%
May 15, 2024	PRICE T ROWE ASSOCIATES INC /MD/	unchanged	-	5,000	37,000	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-0.79	400	3,160	-%

Are Funds Buying or Selling GORO?

Are funds buying GORO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GORO

No. of Funds

Unveiling Gold Resource Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.94%	5,266,245	SC 13G/A
Feb 14, 2023	van eck associates corp	5.04%	4,455,083	SC 13G/A
Feb 14, 2023	van eck associates corp	5.04%	4,455,083	SC 13G/A
Feb 09, 2023	vanguard group inc	5.37%	4,742,868	SC 13G
Feb 11, 2022	van eck associates corp	5.51%	4,107,395	SC 13G
Jul 12, 2021	blackrock inc.	1.8%	1,305,202	SC 13G/A
Feb 11, 2021	van eck associates corp	5.32%	3,822,513	SC 13G/A
Jan 29, 2021	blackrock inc.	6.6%	4,731,038	SC 13G/A
Feb 12, 2020	van eck associates corp	5.53%	3,628,452	SC 13G/A
Feb 05, 2020	blackrock inc.	7.0%	4,627,824	SC 13G/A

Recent SEC filings of Gold Resource Corp

View All Filings

Date Filed	Form Type	Document
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 03, 2024	8-K	Current Report
May 03, 2024	8-K	Current Report
May 02, 2024	10-Q	Quarterly Report
Apr 29, 2024	DEF 14A	DEF 14A
Apr 29, 2024	DEFA14A	DEFA14A
Apr 16, 2024	8-K/A	Current Report
Apr 16, 2024	8-K	Current Report

Peers (Alternatives to Gold Resource Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SCCO	96.9B	9.7B	9.79%	81.46%	41.11	9.99	-3.73%	-11.90%
FCX	78.0B	23.8B	8.93%	52.10%	20.18	3.28	10.30%	6.62%
NEM	50.4B	13.2B	13.43%	1.09%	-18.86	3.83	13.70%	-408.56%
NUE	41.3B	34.1B	-10.72%	22.70%	9.75	1.21	-14.07%	-36.33%
RS	17.1B	14.5B	-7.36%	20.90%	13.61	1.18	-12.23%	-26.09%
CLF	8.3B	21.9B	-17.49%	13.86%	18.95	0.38	-1.92%	-15.58%
MID-CAP
HL	3.8T	710.3M	15.72%	16.03%	-44.1K	5.4K	-2.96%	-94.29%
AA	7.4B	10.5B	16.03%	12.06%	-10.88	0.71	-11.40%	15.25%
CMC	6.7B	8.4B	3.13%	26.83%	9.8	0.79	-8.32%	-10.17%
MTRN	2.4B	1.6B	-3.14%	10.94%	29.06	1.51	-8.15%	-14.39%
SMALL-CAP
CDE	2.4B	847.0M	32.96%	84.06%	-21.75	2.78	7.96%	2.02%
CENX	1.7B	2.1B	1.94%	121.74%	6.83	0.78	-17.61%	444.18%
CMP	544.4M	1.1B	-1.20%	-61.36%	-6.29	0.47	-6.57%	-123.93%
AUMN	6.9M	12.0M	-27.69%	-88.94%	-0.65	0.57	-48.46%	18.12%
GLG	996.8K	134.6M	-	-92.73%	0.82	0.01	-14.16%	-64.26%

Gold Resource Corp News

Latest updates

Gold Resource Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-11.5%	18,702	21,141	20,552	24,807	31,228	32,374	23,869	37,064	45,417	38,063	29,029	30,836	27,268	29,587	26,435	12,521	22,149	39,348	40,066	29,374	26,578
Gross Profit	18.6%	-2,169	-2,664	-4,411	-2,169	3,929	4,584	-2,178	8,019	19,323	13,047	8,245	6,880	8,575	7,894	5,765	-1,300	128	7,867	9,318	6,491	5,439
Costs and Expenses	155.7%	3,739	1,462	5,589	4,288	5,098	8,223	7,769	1,565	9,953	7,440	4,364	3,846	3,454	5,020	3,085	422	4,718	2,492	3,923	3,232	3,486
S&GA Expenses	-100.0%	-	1,496	1,764	2,130	1,193	2,430	1,799	1,920	1,899	830	2,355	2,134	1,581	2,441	2,360	1,796	1,805	1,104	2,194	2,708	2,011
EBITDA Margin	7.2%	0.45*	0.42*	0.39*	0.38*	0.35*	0.31*	0.27*	0.24*	0.24*	0.25*	0.24*	0.28*	-	-	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5.00	12.00	-5.00	18.00	-103	42.00	37.00	42.00
Income Taxes	-76.5%	-1,887	-1,069	-2,659	-1,873	-134	-356	-217	3,781	5,351	2,915	2,352	1,751	2,600	6,009	2,900	-2,000	-1,372	5,009	2,417	1,500	1,100
EBT Margin	14.7%	0.18*	0.15*	0.14*	0.13*	0.12*	0.11*	0.10*	0.10*	0.10*	0.12*	0.13*	0.13*	-	-	-	-	-	-	-	-	-
Net Income	-31.5%	-4,021	-3,057	-7,341	-4,584	-1,035	-3,283	-9,730	2,673	4,019	2,689	1,529	1,283	2,527	4,291	5,001	-1,812	-3,121	174	2,978	1,798	882
Net Income Margin	-36.1%	-0.22*	-0.16*	-0.15*	-0.17*	-0.09*	-0.05*	0.00*	0.07*	0.07*	0.06*	0.08*	0.11*	0.10*	-	-	-	-	-	-	-	-
Free Cashflow	46.3%	-512	-953	-11,225	-3,416	-2,112	2,133	-7,897	3,407	-1,719	7,518	-141	4,285	2,511	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.6%	183	184	190	201	203	210	200	214	217	216	116	115	108	106	203	189	196	193	192	192	181
Current Assets	-3.0%	26.00	26.00	29.00	40.00	41.00	46.00	48.00	60.00	61.00	59.00	49.00	50.00	44.00	43.00	70.00	51.00	53.00	51.00	49.00	51.00	42.00
Cash Equivalents	-9.5%	6.00	6.00	7.00	18.00	21.00	24.00	23.00	33.00	31.00	34.00	30.00	31.00	27.00	25.00	23.00	13.00	18.00	10.00	9.00	8.00	9.00
Inventory	6.0%	10.00	9.00	10.00	11.00	11.00	14.00	14.00	13.00	13.00	10.00	11.00	10.00	12.00	10.00	27.00	27.00	25.00	14.00	24.00	27.00	20.00
Net PPE	-2.1%	136	139	144	146	149	153	149	153	156	157	66.00	64.00	63.00	63.00	117	122	124	65.00	123	120	120
Liabilities	3.2%	90.00	87.00	90.00	94.00	92.00	98.00	84.00	88.00	93.00	95.00	22.00	21.00	15.00	15.00	27.00	24.00	31.00	35.00	34.00	39.00	42.00
Current Liabilities	6.8%	12.00	11.00	15.00	19.00	17.00	25.00	19.00	23.00	28.00	30.00	18.00	17.00	12.00	12.00	20.00	17.00	24.00	28.00	26.00	30.00	31.00
Shareholder's Equity	-4.1%	93.00	97.00	100	107	111	112	116	126	124	0.00	94.00	93.00	92.00	91.00	176	165	165	158	158	153	139
Retained Earnings	-48.4%	-12.33	-8.31	-5.25	2.00	7.00	8.00	12.00	22.00	21.00	18.00	16.00	15.00	14.00	13.00	15.00	11.00	13.00	17.00	17.00	15.00	13.00
Additional Paid-In Capital	0.1%	112	112	112	112	111	111	111	110	110	110	85.00	85.00	85.00	85.00	168	161	159	148	148	145	133
Shares Outstanding	0.1%	89.00	89.00	89.00	88.00	88.00	88.00	88.00	88.00	88.00	88.00	74.00	74.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	56.00	-	-	-	144	-	-	-	192	-	-	-	279	-	-	-	213	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-16.9%	1,482	1,783	-7,475	-551	1,024	6,243	-4,292	7,976	4,230	12,911	5,743	9,298	6,831	9,125	6,396	-513	6,205	16,342	6,663	1,755	-648
Share Based Compensation	22.3%	219	179	-102	7.00	597	338	450	393	774	164	30.00	197	484	1,055	305	400	470	351	367	878	336
Cashflow From Investing	27.1%	-1,994	-2,736	-3,750	-2,865	-3,136	-4,110	-5,348	-4,569	-5,416	-7,756	-5,884	-5,016	-4,317	-1,552	-2,009	-923	-3,481	12,230	-7,727	-12,652	-8,785
Cashflow From Financing	-186.2%	-25.00	29.00	49.00	-	-16.00	-885	-884	-1,014	-1,129	-848	-744	-892	-579	-14,210	-1,285	290	9,984	-1,658	1,996	10,386	10,313
Dividend Payments	-	-	-	-	-	-	885	884	884	883	885	744	993	744	728	705	700	657	547	327	314	303

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GORO Income Statement

2024-03-31

CONDENSED CONSOLIDATED INTERIM STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Sales, net	$ 18,702	$ 31,228
Cost of sales:
Production costs	16,108	19,850
Depreciation and amortization	4,210	7,254
Reclamation and remediation	553	195
Total cost of sales	20,871	27,299
Mine gross (loss) profit	(2,169)	3,929
Costs and expenses:
General and administrative expenses	901	1,193
Exploration expenses	1,104	1,839
Stock-based compensation	219	597
Other expense, net	1,515	1,469
Total costs and expenses	3,739	5,098
Loss before income taxes	(5,908)	(1,169)
Income tax (benefit) provision	(1,887)	(134)
Net loss	$ (4,021)	$ (1,035)
Net loss per common share:
Basic net loss per common share	$ (0.05)	$ (0.01)
Diluted net loss per common share	$ (0.05)	$ (0.01)
Weighted average shares outstanding:
Basic (in shares)	88,707,430	88,405,935
Diluted (in shares)	88,707,430	88,405,935
Oaxaca, Mexico
Costs and expenses:
Exploration expenses	$ 899	$ 1,389
Michigan, USA
Costs and expenses:
Exploration expenses	$ 205	$ 450

GORO Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED INTERIM BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 5,662	$ 6,254
Accounts receivable, net	4,161	4,335
Inventories, net	9,849	9,294
Prepaid expenses and other current assets	6,033	6,612
Total current assets	25,705	26,495
Property, plant, and mine development, net	135,775	138,626
Deferred tax assets, net	15,569	13,301
Other non-current assets	5,669	5,464
Total assets	182,718	183,886
Current liabilities:
Accounts payable	9,082	8,378
Mining royalty taxes payable, net	1,462	1,199
Accrued expenses and other current liabilities	1,555	1,748
Total current liabilities	12,099	11,325
Reclamation and remediation liabilities	12,128	11,795
Gold and silver stream agreements liability	46,341	44,932
Deferred tax liabilities, net	13,926	14,077
Contingent consideration	3,598	3,548
Other non-current liabilities	1,851	1,516
Total liabilities	89,943	87,193
Commitments and contingencies
Shareholders' equity:
Common stock - $0.001 par value, 200,000,000 shares authorized: 88,790,474 and 88,694,038 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	89	89
Additional paid-in capital	112,073	111,970
Accumulated deficit	(12,332)	(8,311)
Treasury stock at cost, 336,398 shares	(5,884)	(5,884)
Accumulated other comprehensive loss	(1,171)	(1,171)
Total shareholders' equity	92,775	96,693
Total liabilities and shareholders' equity	$ 182,718	$ 183,886

About Gold Resource Corp

Gold Resource Corporation engages in the exploration, development, and production of gold and silver projects in Mexico and the United States. The company explores for copper, lead, and zinc deposits. Its principal asset is the 100% owned Back Forty project covering approximately 1,304 hectares located in Menominee county, Michigan. Gold Resource Corporation was founded in 1998 and is headquartered in Denver, Colorado.

CEO	Mr. Allen Joseph Palmiere B. Comm., B.Com., C.A, C.A.
WEBSITE	goldresourcecorp.com
INDUSTRY	Metals and Mining
EMPLOYEES	581

Gold Resource Corp Frequently Asked Questions

What is the ticker symbol for Gold Resource Corp? What does GORO stand for in stocks?

GORO is the stock ticker symbol of Gold Resource Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Gold Resource Corp (GORO)?

As of Fri May 17 2024, market cap of Gold Resource Corp is 48.12 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GORO stock?

You can check GORO's fair value in chart for subscribers.

What is the fair value of GORO stock?

You can check GORO's fair value in chart for subscribers. The fair value of Gold Resource Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Gold Resource Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GORO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Gold Resource Corp a good stock to buy?

The fair value guage provides a quick view whether GORO is over valued or under valued. Whether Gold Resource Corp is cheap or expensive depends on the assumptions which impact Gold Resource Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GORO.

What is Gold Resource Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, GORO's PE ratio (Price to Earnings) is -2.53 and Price to Sales (PS) ratio is 0.56. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GORO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Gold Resource Corp's stock?

In the past 10 years, Gold Resource Corp has provided -0.192 (multiply by 100 for percentage) rate of return.