Gold Resource Corporation (GORO)

NYSEAMERICAN: GORO · IEX Real-Time Price · USD
0.535
+0.001 (0.26%)
At close: Apr 16, 2024, 4:00 PM
0.518
-0.018 (-3.34%)
After-hours: Apr 16, 2024, 5:25 PM EDT
0.26%
Market Cap 47.52M
Revenue (ttm) 97.73M
Net Income (ttm) -16.02M
Shares Out 88.76M
EPS (ttm) -0.18
PE Ratio n/a
Forward PE 11.06
Dividend n/a
Ex-Dividend Date n/a
Volume 512,117
Open 0.520
Previous Close 0.534
Day's Range 0.501 - 0.535
52-Week Range 0.220 - 1.120
Beta 1.64
Analysts Strong Buy
Price Target 1.50 (+180.16%)
Earnings Date Apr 30, 2024

About GORO

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. The company was incorporated in 1998 and is headquartered in Denver, Colorado. [Read more]

Industry Gold
Sector Materials
Founded 1998
Employees 504
Stock Exchange NYSEAMERICAN
Ticker Symbol GORO
Full Company Profile

Financial Performance

In 2023, Gold Resource's revenue was $97.73 million, a decrease of -29.55% compared to the previous year's $138.72 million. Losses were -$16.02 million, 153.4% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for GORO stock is "Strong Buy" and the 12-month stock price forecast is $1.5.

Price Target
$1.5
(180.16% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Gold Resource Corporation Announces Preliminary First Quarter Production Results

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) announces its preliminary first quarter results that includes the sale of 3,557 ounces of gold and 216,535 ounc...

20 hours ago - Business Wire

Gold Resource Corporation Reports Results of Operations for the Year Ended December 31, 2023

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce its full-year operational results from its Don David Gold Mine (“DDGM”) near Oaxaca, Mex...

4 weeks ago - Business Wire

Gold Resource Corporation Announces Preliminary Fourth Quarter and Year-End Results

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) announces its preliminary fourth quarter results that includes the sale of 3,757 ounces of gold and 258,252 oun...

2 months ago - Business Wire

Gold Resource Corporation Reports High Grade Drill Results at the Don David Gold Mine

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company,” “we,” “our,” or “GRC”) is pleased to announce the results of one of its recent step-out exploration drill holes...

4 months ago - Business Wire

Gold Resource Corporation Reports Third Quarter Operational Results and Announces the Initiation of a Review to Evaluate Strategic Alternatives

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce its year-to-date and quarterly operational results from its Don David Gold Mine (DDGM) n...

5 months ago - Business Wire

Gold Resource Corporation Will Reschedule Release of Its Third Quarter 2023 Results

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) announced today that it is postponing the release of its third quarter 2023 financial results to allow for suff...

5 months ago - Business Wire

Gold Resource Corporation Reports the Filing of a SK1300 Initial Assessment for the Back Forty Project

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”, “we”, “our” or “GRC”) is pleased to announce the results of a SK1300 compliant Technical Report Summary for an ...

6 months ago - Business Wire

Gold Resource Corporation Announces Q3 2023 Conference Call

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) will host a conference call Friday, November 3, 2023 at 10:00 a.m. Eastern Time. The conference call will be re...

6 months ago - Business Wire

Gold Resource Corporation Announces Preliminary Third Quarter Results

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) announces its preliminary third quarter results that includes the sale of 3,982 ounces of gold and 208,905 ounc...

6 months ago - Business Wire

Gold Resource Corporation Reports Continued Positive Drill Results at Don David Gold Mine

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”, “we”, “our” or “GRC”) is pleased to provide an update on its ongoing 5 drill, 2023 expansion and infill diamond...

7 months ago - Business Wire

Change in Chief Financial Officer and the Appointment of Chet Holyoak As Interim Chief Financial Officer

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) announces the change of Chief Financial Officer with the departure of Kim Perry and the appointment of Chet Hol...

9 months ago - Business Wire

Gold Resource Corporation Reports Mid-Year Operational Results

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce its mid-year and quarterly operational results from its Don David Gold Mine (DDGM) near ...

9 months ago - Business Wire

Gold Resource Corporation Announces Year-to-Date Production Results, Reaffirms 2023 Production Guidance

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) produced and sold a total of 10,795 ounces of gold and 569,072 ounces of silver for a gold equivalent total of ...

9 months ago - Business Wire

Top 5 Materials Stocks That Are Preparing To Pump In July - Anglogold Ashanti (NYSE:AU), Golden Minerals (AMEX:AUMN)

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Other symbols: AUAUMNGFIRETO
10 months ago - Benzinga

Gold Resource Corporation Addresses Unusual Market Activity

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”, “we”, “our” or “GRC”) announced today, in response to unusual market activity, and after speaking with its offi...

10 months ago - Business Wire

Gold Resource Corporation Prepared for Anaem Omot Listing on the National Register of Historic Places

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”, “we”, “our” or “GRC”) would like to congratulate the Menominee Indian Tribe of Wisconsin for the recent listing...

10 months ago - Business Wire

Gold Resource Corporation Announces the Resignation of Joe Driscoll From the Board of Directors

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”, “we”, “our” or “GRC”) announces Joe Driscoll, Independent Director of the Board of Directors, has resigned from...

10 months ago - Business Wire

Gold Resource Corporation Provides an Update on Positive Year-to-Date 2023 Drill Results at the Don David Gold Mine

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”, “we”, “our” or “GRC”) is pleased to provide an update on results for the ongoing expansion and infill drill pro...

10 months ago - Business Wire

Gold Resource Corporation Announces the Resignation of Alex Morrison From the Board of Directors

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”, “We”, “Our” or “GRC”) announces Alex Morrison, Chairman of the Board of Directors, has resigned from the Board,...

11 months ago - Business Wire

Gold Resource Corporation Reports Strong First Quarter Gold Production and a Strengthened Management Team at the Mine

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) sold a total of 6,508 ounces of gold and 294,815 ounces of silver in the first quarter of 2023 for a total of 1...

1 year ago - Business Wire

Gold Resource Corporation Announces Preliminary Results of Over 10,000 Gold Equivalent Ounces Produced and Sold in Q1 2023

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) sold a total of 6,508 ounces of gold and 294,815 ounces of silver in Q1 2023 for a gold equivalent total of 10,...

1 year ago - Business Wire

Gold Resource Corporation Announces 2023 Annual Meeting of Shareholders

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) announced today that the Company will host its annual meeting of shareholders at 10:00 a.m. Mountain Time on Th...

1 year ago - Business Wire

Gold Resource Corporation Publishes Inaugural ESG Report

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”, “We”, “Our” or “GRC”) has taken measurable strides to ensure proper care and respect is extended to our employe...

1 year ago - Business Wire

Gold Resource Corporation Reports Results of Operations for the Year-Ended December 31, 2022

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) sold a total of 30,119 ounces of gold and 1,057,209 ounces of silver in 2022 for a total of 42,757 gold equival...

1 year ago - Business Wire

Gold Resource Corporation Reports Positive Drill Results at DDGM With the Potential to Improve the Near to Mid-Term Mine Plan

DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”, “We”, “Our” or “GRC”) confirms the potential to add higher grade resources from the Three Sisters and Marena ve...

1 year ago - Business Wire