Gold Resource Co. Plans Dividend of $0.00 (NYSEAMERICAN:GORO)

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Gold Resource Co. (NYSEAMERICAN:GORO) announced a dividend on Tuesday, November 26th, Fidelity reports. Investors of record on Wednesday, December 11th will be paid a dividend of 0.0033 per share by the basic materials company on Monday, December 23rd. The ex-dividend date is Tuesday, December 10th.

Gold Resource stock opened at $4.82 on Monday. Gold Resource has a 52-week low of $2.73 and a 52-week high of $5.09. The stock’s 50 day moving average price is $3.48.

Gold Resource (NYSEAMERICAN:GORO) last issued its quarterly earnings results on Tuesday, October 29th. The basic materials company reported $0.05 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.11 by ($0.06). The business had revenue of $40.07 million during the quarter, compared to analysts’ expectations of $41.81 million.

Several equities research analysts have commented on the stock. HC Wainwright set a $7.80 price objective on shares of Gold Resource and gave the company a “buy” rating in a research note on Friday, October 18th. Zacks Investment Research raised shares of Gold Resource from a “hold” rating to a “buy” rating and set a $5.00 target price on the stock in a research report on Tuesday, November 5th. Finally, TheStreet upgraded Gold Resource from a “c” rating to a “b-” rating in a research note on Friday, November 8th. One investment analyst has rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $6.43.

About Gold Resource

Gold Resource Corporation explores for, develops, produces, and sells gold and silver in Mexico and the United States. It also explores for copper, lead, and zinc. The company's flagship property is the Aguila project comprising 18 mining concessions aggregating approximately 25,264 hectares located in the State of Oaxaca, Mexico.

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Dividend History for Gold Resource (NYSEAMERICAN:GORO)

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