StockNews.com assumed coverage on shares of Gold Resource (NYSE:GORO – Free Report) in a report released on Sunday. The firm issued a sell rating on the stock.
Gold Resource Stock Down 4.3 %
Shares of GORO opened at $0.42 on Friday. The business’s 50-day moving average is $0.45. The company has a market capitalization of $37.95 million, a P/E ratio of -1.99 and a beta of 1.46. Gold Resource has a 1 year low of $0.22 and a 1 year high of $0.71.
Gold Resource (NYSE:GORO – Get Free Report) last posted its quarterly earnings data on Thursday, May 2nd. The company reported ($0.05) EPS for the quarter. Gold Resource had a negative net margin of 22.30% and a negative return on equity of 19.21%. The firm had revenue of $18.70 million during the quarter. On average, research analysts predict that Gold Resource will post -0.06 EPS for the current fiscal year.
Institutional Trading of Gold Resource
Gold Resource Company Profile
Gold Resource Corporation engages in the exploration, development, and production of gold and silver projects in Mexico and the United States. The company also explores for copper, lead, and zinc deposits. Its principal assets are the 100% owned Don David gold mine and Back Forty project covering approximately 1,304 hectares located in Menominee county, Michigan.
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