Gold Resource Corporation (GORO)
NYSEAMERICAN: GORO · Real-Time Price · USD
0.130
-0.010 (-7.14%)
At close: Nov 15, 2024, 4:00 PM
0.133
+0.003 (2.31%)
After-hours: Nov 15, 2024, 7:56 PM EST
Gold Resource Stock Forecast
GORO's stock price has decreased by -53.41% in the past year and price targets may not have had time to catch up.
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 1,246.15% from the current stock price of 0.13.
Analyst Consensus: Strong Buy
* 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 |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $1.5 → $1.75 | Strong Buy | Maintains | $1.5 → $1.75 | +1,246.15% | Aug 8, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $1.75 → $1.5 | Strong Buy | Maintains | $1.75 → $1.5 | +1,053.85% | Mar 15, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $3.25 → $1.75 | Strong Buy | Maintains | $3.25 → $1.75 | +1,246.15% | Nov 8, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $3.25 | Strong Buy | Reiterates | $3.25 | +2,400.00% | Jul 28, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $3 → $3.25 | Strong Buy | Maintains | $3 → $3.25 | +2,400.00% | Jul 17, 2023 |
Financial Forecast
Revenue This Year
82.57M
from 97.73M
Decreased by -15.51%
Revenue Next Year
122.95M
from 82.57M
Increased by 48.90%
EPS This Year
-0.42
from -0.18
EPS Next Year
-0.07
from -0.42
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.