12 Month Price Forecast For GORO
Distance to GORO Price Forecasts
GORO Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: February 15, 2025 3:26 PM UTC
GORO Analyst Ratings & Price Targets
GORO has shown a year-to-date change of 52.2% and a 1-year change of 34.6%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for GORO. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
GORO Analyst Consensus
GORO Price Target Range
Latest GORO Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for GORO.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Aug 8, 2024 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $1.75 |
Mar 15, 2024 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $1.50 |
Nov 8, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $1.75 |
Nov 7, 2023 | HC Wainwright & Co. | Buy | Maintains | $0.00 | |
Jul 28, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Reiterates | $3.25 |
Jul 17, 2023 | HC Wainwright & Co. | Buy | Maintains | $0.00 | |
Apr 27, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Reiterates | $3.00 |
Apr 14, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Reiterates | $3.00 |
Mar 6, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Reiterates | $3.00 |
Feb 14, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $3.00 |
Oct 13, 2022 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $5.00 |
Jul 29, 2022 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $5.25 |
Mar 14, 2022 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $5.75 |
Apr 30, 2021 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $5.50 |
Apr 22, 2021 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $5.00 |
Jan 26, 2021 | HC Wainwright & Co. | Buy | Maintains | $4.50 | |
Jan 13, 2021 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $4.25 |
Aug 10, 2020 | HC Wainwright & Co. | Buy | Maintains | $7.50 | |
Jul 16, 2020 | HC Wainwright & Co. | Buy | Maintains | $7.00 | |
May 6, 2020 | H.C. Wainwright | Buy | Reiterates | $0.00 |
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Gold Resource Corp (GORO) Financial Data
Gold Resource Corp has a market capitalization of $39.08M with a P/E ratio of -1.9x. The company generates $73.90M in trailing twelve-month revenue with a -61.3% profit margin.
Revenue growth is -35.4% quarter-over-quarter, while maintaining an operating margin of -83.3% and return on equity of -57.8%.
Valuation Metrics
Growth & Margins
Financial Health
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Gold Resource Corp (GORO) Company Overview
About Gold Resource Corp
Explores and produces gold and silver.
The company focuses on the exploration, development, and production of precious metals, primarily gold and silver, while also exploring for base metals like copper, lead, and zinc. It generates revenue through the sale of these metals from its mining operations.
Gold Resource Corporation owns key assets such as the Don David gold mine and the Back Forty project in Michigan. Established in 1998 and based in Denver, Colorado, the company is strategically positioned in both Mexico and the United States.
Company Information
Sector
Basic Materials
Industry
Gold
Employees
504
CEO
Mr. Allen Joseph Palmiere B. Comm., B.Com., C.A.
Country
United States
IPO Year
2006
Website
www.goldresourcecorp.comGold Resource Corp (GORO) Latest News & Analysis
Gold Resource Corporation closed a direct offering of 15.625 million shares at $0.16 each, raising approximately $2.5 million for working capital.
Gold Resource Corporation raised $2.5 million through a direct stock offering, impacting liquidity and funding for operations, which could influence stock performance and investor sentiment.
Gold Resource Corporation (GORO) plans a registered direct offering of up to 15.625 million shares at $0.16 each, aiming for approximately $2.5 million in gross proceeds, closing expected in 10 days.
Gold Resource Corporation's direct offering may dilute existing shares but raises capital for growth, impacting stock valuation and investor sentiment.
Gold Resource Corporation Liquidity Update
2 months agoGold Resource Corporation (GORO) reports improved production at the Don David Gold Mine in November, addressing previous operational issues and enhancing liquidity since Q3.
Improved production at Gold Resource Corporation's Don David Gold Mine indicates operational efficiency and potential revenue growth, positively impacting investor confidence and stock performance.
Gold Resource Corporation reported Q3 results, producing 1,357 oz of gold, 181,434 oz of silver, and other metals. Working capital stands at $6.1 million with a cash balance of $1.4 million.
Gold Resource Corporation's operational results indicate steady production levels and a positive cash position, which can enhance investor confidence and influence stock performance.
Gold Resource Corporation (GORO) reported preliminary Q3 results, selling 1,357 oz of gold and 181,434 oz of silver, totaling 3,526 AuEq oz. Year-to-date, 15,325 AuEq oz were sold.
Gold Resource Corporation's Q3 results highlight sales of gold, silver, and other metals, indicating production performance and revenue potential, which directly influence stock valuation and investor sentiment.
Gold Resource Corporation (NYSE: GORO) will hold its Q2 2024 earnings conference call on August 7, 2024, at 12:00 PM ET, featuring key executives and analysts.
The Q2 2024 earnings call provides insights into Gold Resource Corporation's financial performance and strategic direction, influencing investor sentiment and stock valuation.
Frequently Asked Questions About GORO Stock
What is Gold Resource Corp's (GORO) stock forecast for 2025?
Analyst forecasts for Gold Resource Corp (GORO) are not currently available. The stock is trading at $0.35.
Is GORO stock a good investment in 2025?
According to current analyst ratings, GORO has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.35. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for GORO stock?
Price predictions from Wall Street analysts for GORO are not currently available. The stock is trading at $0.35.
What is Gold Resource Corp's business model?
The company focuses on the exploration, development, and production of precious metals, primarily gold and silver, while also exploring for base metals like copper, lead, and zinc. It generates revenue through the sale of these metals from its mining operations.
What is the highest forecasted price for GORO Gold Resource Corp?
Price targets from Wall Street analysts for GORO are not currently available. The stock is trading at $0.35.
What is the lowest forecasted price for GORO Gold Resource Corp?
Price targets from Wall Street analysts for GORO are not currently available. The stock is trading at $0.35.
What is the overall GORO consensus from analysts for Gold Resource Corp?
The overall analyst consensus for GORO is bullish. Out of 2 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell.
How accurate are GORO stock price projections?
Stock price projections, including those for Gold Resource Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.