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

0.51USD+0.01 (+2.00%)Market Closed

Market Summary

USD0.51+0.01

Market Closed

2.00%

GORO Stock Price

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GORO RSI Chart

GORO Valuation

Market Cap

45.3M

Price/Earnings (Trailing)

-2.83

Price/Sales (Trailing)

0.46

EV/EBITDA

0.79

Price/Free Cashflow

-2.56

GORO Price/Sales (Trailing)

GORO Profitability

EBT Margin

15.33%

Return on Equity

-16.56%

Return on Assets

-8.71%

Free Cashflow Yield

-39.12%

GORO Fundamentals

GORO Revenue

Revenue (TTM)

97.7M

Rev. Growth (Yr)

-34.7%

Rev. Growth (Qtr)

2.87%

GORO Earnings

Earnings (TTM)

-16.0M

Earnings Growth (Yr)

6.88%

Earnings Growth (Qtr)

58.36%

Breaking Down GORO Revenue

Last 7 days

4.1%

Last 30 days

27.5%

Last 90 days

82.1%

Trailing 12 Months

-47.4%

How does GORO drawdown profile look like?

GORO Financial Health

Current Ratio

2.34

GORO Investor Care

Shares Dilution (1Y)

0.33%

Diluted EPS (TTM)

-0.18

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

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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
Mar 21, 2024	reyes alberto	sold (taxes)	-6,864	0.395	-17,379	chief operating officer
Mar 17, 2024	reyes alberto	sold (taxes)	-5,562	0.38	-14,639	chief operating officer
Mar 17, 2024	holyoak chet	sold (taxes)	-816	0.38	-2,148	chief financial 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
Mar 17, 2023	palmiere allen j	acquired	-	-	188,475	ceo, president
Mar 17, 2023	perry kimberly c	acquired	-	-	87,417	chief financial officer
Mar 17, 2023	reyes alberto	acquired	-	-	90,331	chief operating officer

Which funds bought or sold GORO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	Bank of New York Mellon Corp	sold off	-100	-14,337	-	-%
Apr 24, 2024	U S GLOBAL INVESTORS INC	unchanged	-	58,600	434,600	0.04%
Apr 23, 2024	GODSEY & GIBB, INC	sold off	-	-	1.00	-%
Apr 22, 2024	ALTFEST L J & CO INC	unchanged	-	1,000	6,000	-%
Apr 22, 2024	Oakworth Capital, Inc.	unchanged	-	35.00	261	-%
Apr 18, 2024	Capital Advisors, Ltd. LLC	added	1,195	13,000	14,000	-%
Apr 15, 2024	F&V Capital Management, LLC	unchanged	-	1,000	6,000	-%
Apr 12, 2024	STEPH & CO	unchanged	-	631	4,682	-%
Apr 12, 2024	Traynor Capital Management, Inc.	new	-	7,606	7,606	-%
Apr 10, 2024	LexAurum Advisors, LLC	new	-	4,346	4,346	-%

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
Apr 16, 2024	8-K/A	Current Report
Apr 16, 2024	8-K	Current Report
Apr 10, 2024	4	Insider Trading
Apr 10, 2024	4	Insider Trading
Apr 10, 2024	4	Insider Trading
Apr 03, 2024	424B5	Prospectus Filed
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Mar 28, 2024	10-K	Annual Report
Mar 13, 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	90.4B	9.9B	12.15%	54.97%	37.15	9.14	-1.51%	-8.06%
FCX	72.4B	22.9B	10.03%	34.72%	19.3	3.17	0.33%	-16.25%
NEM	49.3B	11.8B	21.25%	-11.46%	-19.75	4.17	-0.86%	-481.35%
NUE	42.2B	34.7B	-11.67%	18.28%	9.33	1.22	-16.38%	-40.52%
RS	16.7B	14.8B	-13.74%	13.30%	12.45	1.13	-13.03%	-27.33%
CLF	8.5B	21.9B	-19.20%	17.86%	19.37	0.39	-1.92%	-15.58%
MID-CAP
AA	6.6B	10.6B	10.99%	1.63%	-10.01	0.63	-15.26%	-3472.97%
CMC	6.2B	8.4B	-8.29%	15.17%	9.09	0.74	-8.32%	-10.17%
HL	3.2B	720.2M	13.81%	-16.41%	-37.93	4.44	0.18%	-125.49%
MTRN	2.5B	1.7B	-14.10%	9.82%	25.76	1.48	-5.23%	11.29%
SMALL-CAP
CDE	1.9B	821.2M	38.10%	41.26%	-18.38	2.32	4.53%	-32.65%
CENX	1.7B	2.2B	21.58%	113.93%	-38.65	0.76	-21.31%	-205.67%
CMP	538.3M	1.2B	-15.99%	-59.62%	-9.21	0.45	-5.61%	-206.82%
AUMN	8.2M	12.0M	80.65%	-89.82%	-0.88	0.68	-48.46%	6.84%
GLG	989.3K	134.6M	-	-94.16%	-1.37	0.01	-14.16%	-115.91%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	2.9%	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	28,131
Gross Profit	39.6%	-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	7,956
Costs and Expenses	-73.8%	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	2,832
S&GA Expenses	-15.2%	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	1,109
EBITDA Margin	9.4%	0.42*	0.39*	0.38*	0.35*	0.31*	0.27*	0.24*	0.24*	0.25*	0.24*	0.28*	0.34*	-	-	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-5.00	12.00	-5.00	18.00	-103	42.00	37.00	42.00	-130
Income Taxes	59.8%	-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	1,656
EBT Margin	11.5%	0.15*	0.14*	0.13*	0.12*	0.11*	0.10*	0.10*	0.10*	0.12*	0.13*	0.13*	0.16*	-	-	-	-	-	-	-	-	-
Net Income	58.4%	-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	858
Net Income Margin	-9.9%	-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	91.5%	-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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-3.1%	184	190	201	203	210	200	214	217	216	116	115	108	106	203	189	196	193	192	192	181	150
Current Assets	-8.3%	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	31.00
Cash Equivalents	-6.7%	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	8.00
Inventory	-11.0%	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	14.00
Net PPE	-3.9%	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	111
Liabilities	-3.3%	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	23.00
Current Liabilities	-25.0%	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	18.00
Shareholder's Equity	-2.8%	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	127
Retained Earnings	-58.2%	-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	13.00
Additional Paid-In Capital	0.2%	112	112	112	111	111	111	110	110	110	85.00	85.00	85.00	85.00	168	161	159	148	148	145	133	122
Shares Outstanding	0.1%	89.00	89.00	88.00	88.00	88.00	88.00	88.00	88.00	88.00	74.00	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	123.9%	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	4,504
Share Based Compensation	275.5%	179	-102	7.00	597	338	450	393	774	164	30.00	197	484	1,055	305	400	470	351	367	878	336	407
Cashflow From Investing	27.0%	-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	2,039
Cashflow From Financing	-40.8%	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	3,830
Dividend Payments	-	-	-	-	-	885	884	884	883	885	744	993	744	728	705	700	657	547	327	314	303	289

GORO Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Sales, net	$ 97,728	$ 138,724
Cost of sales:
Production costs	76,143	80,949
Depreciation and amortization	26,126	27,226
Reclamation and remediation	774	801
Total cost of sales	103,043	108,976
Mine gross (loss) profit	(5,315)	29,748
Costs and expenses:
General and administrative expenses	6,583	8,048
Exploration expenses	5,809	13,049
Stock-based compensation	681	1,955
Realized and unrealized loss on zinc zero cost collar		170
Other expense, net	3,364	4,288
Total costs and expenses	16,437	27,510
(Loss) income before income taxes	(21,752)	2,238
(Benefit) provision for income taxes	(5,735)	8,559
Net loss	$ (16,017)	$ (6,321)
Net loss per common share:
Basic net loss per common share	$ (0.18)	$ (0.07)
Diluted net loss per common share	$ (0.18)	$ (0.07)
Weighted average shares outstanding:
Basic (in shares)	88,514,243	88,368,250
Diluted (in shares)	88,514,243	88,368,250
Oaxaca, Mexico
Costs and expenses:
Exploration expenses	$ 4,167	$ 4,244
Michigan, USA
Costs and expenses:
Exploration expenses	$ 1,642	$ 8,805

GORO Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 6,254	$ 23,675
Accounts receivable, net	4,335	5,085
Inventories, net	9,294	13,500
Prepaid expenses and other current assets	6,612	3,839
Total current assets	26,495	46,099
Property, plant, and mine development, net	138,626	152,563
Deferred tax assets, net	13,301	5,927
Other non-current assets	5,464	5,509
Total assets	183,886	210,098
Current liabilities:
Accounts payable	8,378	13,329
Mining royalty taxes payable, net	1,199	3,945
Contingent consideration		2,211
Accrued expenses and other current liabilities	1,748	5,197
Total current liabilities	11,325	24,682
Reclamation and remediation liabilities	11,795	10,366
Gold and silver stream agreements liability	44,932	43,466
Deferred tax liabilities, net	14,077	15,151
Contingent consideration	3,548	2,179
Other non-current liabilities	1,516	2,490
Total liabilities	87,193	98,334
Commitments and contingencies
Shareholders' equity:
Common stock - $0.001 par value, 200,000,000 shares authorized: 88,694,038 and 88,398,109 shares outstanding at December 31, 2023 and December 31, 2022, respectively	89	89
Additional paid-in capital	111,970	111,024
(Accumulated deficit) retained earnings	(8,311)	7,706
Treasury stock at cost, 336,398 shares	(5,884)	(5,884)
Accumulated other comprehensive loss	(1,171)	(1,171)
Total shareholders' equity	96,693	111,764
Total liabilities and shareholders' equity	$ 183,886	$ 210,098

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 Apr 26 2024, market cap of Gold Resource Corp is 45.27 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 Apr 26 2024, GORO's PE ratio (Price to Earnings) is -2.83 and Price to Sales (PS) ratio is 0.46. 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 -0.199 (multiply by 100 for percentage) rate of return.