Gold Resource Corporation (GORO)
NYSEAMERICAN: GORO · IEX Real-Time Price · USD
0.486
+0.029 (6.41%)
Apr 19, 2024, 2:46 PM EDT - Market open

Gold Resource Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Gold Resource stock has a target of 1.50, which predicts an increase of 208.45% from the current stock price of 0.49.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $1.50 $1.50 $1.50 $1.50
Change +208.45% +208.45% +208.45% +208.45%
* Price targets were last updated on Mar 15, 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 111111
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$1.75$1.5
Strong Buy Maintains $1.75$1.5 +208.45% Mar 15, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$3.25$1.75
Strong Buy Maintains $3.25$1.75 +259.86% Nov 8, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$3.25
Strong Buy Reiterates $3.25 +568.31% Jul 28, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$3$3.25
Strong Buy Maintains $3$3.25 +568.31% Jul 17, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$3
Strong Buy Reiterates $3 +516.90% Apr 27, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
87.71M
from 97.73M
Decreased by -10.25%
Revenue Next Year
82.37M
from 87.71M
Decreased by -6.08%
EPS This Year
-0.13
from -0.18
EPS Next Year
-0.10
from -0.13
Year 2019202020212022202320242025202620272028
Revenue
120.30M90.69M125.20M138.72M97.73M87.71M82.37M132.95M132.95M132.95M
Revenue Growth
4.33%-24.61%38.05%10.81%-29.55%-10.25%-6.08%61.40%--
EPS
0.090.060.11-0.07-0.18-0.13-0.10---
EPS Growth
-43.75%-33.33%83.33%-------
No. Analysts -----43333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 110.6M 84.8M 136.9M 136.9M 136.9M
Avg 87.7M 82.4M 133.0M 133.0M 133.0M
Low 65.3M 79.1M 127.7M 127.7M 127.7M

Revenue Growth

Revenue Growth 20242025202620272028
High
13.1%
-3.3%
66.1%
2.9%
2.9%
Avg
-10.3%
-6.1%
61.4%
- -
Low
-33.1%
-9.8%
55.1%
-3.9%
-3.9%

EPS Forecast

EPS 20242025
High -0.06 -0.11
Avg -0.13 -0.10
Low -0.19 -0.10

EPS Growth

EPS Growth 20242025
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.