Gold Resource Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Gold Resource stock has a target of 1.75, which predicts an increase of 1,011.11% from the current stock price of 0.16.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$1.75	$1.75	$1.75	$1.75
Change	+1011.1%	+1011.1%	+1011.1%	+1011.1%

* Price targets were last updated on Aug 8, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Gold Resource is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Heiko Ihle HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $1.5 → $1.75	Strong Buy	Maintains	$1.5 → $1.75	+1,011.11%	Aug 8, 2024
Heiko Ihle HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $1.75 → $1.5	Strong Buy	Maintains	$1.75 → $1.5	+852.38%	Mar 15, 2024
Heiko Ihle HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $3.25 → $1.75	Strong Buy	Maintains	$3.25 → $1.75	+1,011.11%	Nov 8, 2023
Heiko Ihle HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $3.25	Strong Buy	Reiterates	$3.25	+1,963.49%	Jul 28, 2023
Heiko Ihle HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $3 → $3.25	Strong Buy	Maintains	$3 → $3.25	+1,963.49%	Jul 17, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

82.57M

from 97.73M

-15.51%

from 97.73M

Revenue Next Year

122.95M

from 82.57M

48.90%

from 82.57M

EPS This Year

-0.42

from -0.18

EPS Next Year

-0.07

from -0.42

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	120.30M	90.69M	125.20M	138.72M	97.73M	82.57M	122.95M	132.95M
Revenue Growth	4.33%	-24.61%	38.05%	10.81%	-29.55%	-15.51%	48.90%	8.13%
EPS	0.09	0.06	0.11	-0.07	-0.18	-0.42	-0.07	-
EPS Growth	-41.18%	-31.91%	70.97%	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	4	4	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	93.6M	163.7M	136.9M
Avg	82.6M	123.0M	133.0M
Low	71.3M	83.5M	127.7M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-4.3%	98.3%	11.3%
Avg	-15.5%	48.9%	8.1%
Low	-27.0%	1.1%	3.9%

EPS Forecast

EPS	2024	2025
High	-0.40	-0.04
Avg	-0.42	-0.07
Low	-0.43	-0.10

EPS Growth

EPS Growth	2024	2025
High	-	-
Avg	-	-
Low	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.