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Gold Resource Corp (GORO) Stock Forecast & Price Prediction

Live GORO Stock Price & Analysis

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$0.35

+0.00 (0.51%)

12 Month Price Forecast For GORO

$0.35
Current Price
$39.08M
Market Cap
1 Ratings
Buy 1
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to GORO Price Forecasts

N/A
To High Target of $N/A
N/A
To Median Target of $N/A
N/A
To Low Target of $N/A

GORO Price Momentum

0.0%
1 Week Change
-7.9%
1 Month Change
+34.6%
1 Year Change
+52.2%
Year-to-Date Change
-50.5%
From 52W High of $0.71
+193.2%
From 52W Low of $0.12

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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

1
Buy
0
Hold
0
Sell

GORO Price Target Range

Low
N/A
Average
N/A
High
N/A
Current: $0.35

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

Stocks Similar to Gold Resource Corp

The following stocks are similar to Gold Resource based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

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

Market Cap $39.08M
Enterprise Value $32.06M
P/E Ratio -1.9x
PEG Ratio -5.0x
Price/Sales 0.5x

Growth & Margins

Revenue Growth (YoY) -35.4%
Gross Margin -65.3%
Operating Margin -83.3%
Net Margin -61.3%
EPS Growth -35.4%

Financial Health

Cash/Price Ratio +4.0%
Current Ratio 1.4x
Debt/Equity 0.0x
ROE -57.8%
ROA -9.3%

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Gold Resource Corp logo

Gold Resource Corp (GORO) Company Overview

About Gold Resource Corp

What They Do

Explores and produces gold and silver.

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.

Additional Information

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

Gold Resource Corp (GORO) Latest News & Analysis

GORO stock latest news image
Quick Summary

Gold Resource Corporation closed a direct offering of 15.625 million shares at $0.16 each, raising approximately $2.5 million for working capital.

Why It Matters

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.

Source: Business Wire
Market Sentiment: Neutral
GORO stock latest news image
Quick Summary

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.

Why It Matters

Gold Resource Corporation's direct offering may dilute existing shares but raises capital for growth, impacting stock valuation and investor sentiment.

Source: Business Wire
Market Sentiment: Neutral
GORO stock latest news image
Quick Summary

Gold Resource Corporation (GORO) reports improved production at the Don David Gold Mine in November, addressing previous operational issues and enhancing liquidity since Q3.

Why It Matters

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.

Source: Business Wire
Market Sentiment: Neutral
GORO stock latest news image
Quick Summary

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.

Why It Matters

Gold Resource Corporation's operational results indicate steady production levels and a positive cash position, which can enhance investor confidence and influence stock performance.

Source: Business Wire
Market Sentiment: Neutral
GORO stock latest news image
Quick Summary

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.

Why It Matters

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.

Source: Business Wire
Market Sentiment: Neutral
GORO stock latest news image
Quick Summary

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.

Why It Matters

The Q2 2024 earnings call provides insights into Gold Resource Corporation's financial performance and strategic direction, influencing investor sentiment and stock valuation.

Source: Seeking Alpha
Market Sentiment: Neutral

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.