Gold Resource Stock Performance
| GORO Stock | USD 0.53 0.01 1.85% |
Gold Resource holds a performance score of 12 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.0714, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Gold Resource are expected to decrease at a much lower rate. During the bear market, Gold Resource is likely to outperform the market. Use Gold Resource sortino ratio and the relationship between the downside variance and market facilitation index , to analyze future returns on Gold Resource.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Gold Resource are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of very fragile basic indicators, Gold Resource displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Dividend Date 2022-12-30 | Ex Dividend Date 2022-12-14 |
1 | Gold Resource Corporation Announces Preliminary Fourth Quarter and Year-End Results | 01/30/2024 |
2 | FY2023 Earnings Estimate for Torex Gold Resources Inc. Issued By Cormark - MarketBeat | 02/15/2024 |
3 | Coral Gold Resources Ltd. Share Price Passes Above 200 Day Moving Average of 1.11 - AmericanBankingNEWS | 02/28/2024 |
4 | Gold Resource Q4 Earnings Snapshot | 03/13/2024 |
5 | Gold Stock Files New Technical Report Shares 2024 Plans - Streetwise Reports | 03/22/2024 |
6 | Acquisition by Little Ronald of 40300 shares of Gold Resource subject to Rule 16b-3 | 03/29/2024 |
7 | Coral Gold Resources Ltd. Stock Price Passes Below Two Hundred Day Moving Average of 1.11 - Defense World | 04/02/2024 |
8 | Fortitude Gold Announces CFO Transitional Plan | 04/15/2024 |
| Begin Period Cash Flow | 23.7 M |
Gold |
Gold Resource Relative Risk vs. Return Landscape
If you would invest 29.00 in Gold Resource on January 17, 2024 and sell it today you would earn a total of 24.00 from holding Gold Resource or generate 82.76% return on investment over 90 days. Gold Resource is currently generating 1.2321% in daily expected returns and assumes 7.8254% risk (volatility on return distribution) over the 90 days horizon. In different words, 69% of stocks are less volatile than Gold, and 76% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Gold Resource Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gold Resource's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Gold Resource, and traders can use it to determine the average amount a Gold Resource's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1575
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Estimated Market Risk
| 7.83 actual daily | 69 69% of assets are less volatile |
Expected Return
| 1.23 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Gold Resource is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Gold Resource by adding it to a well-diversified portfolio.
Gold Resource Fundamentals Growth
Gold Stock prices reflect investors' perceptions of the future prospects and financial health of Gold Resource, and Gold Resource fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Gold Stock performance.
| Return On Equity | -0.15 | ||||
| Return On Asset | -0.0583 | ||||
| Profit Margin | (0.16) % | ||||
| Operating Margin | (0.21) % | ||||
| Current Valuation | 41.14 M | ||||
| Shares Outstanding | 88.76 M | ||||
| Price To Earning | 12.54 X | ||||
| Price To Book | 0.49 X | ||||
| Price To Sales | 0.49 X | ||||
| Revenue | 97.76 M | ||||
| Gross Profit | 56.97 M | ||||
| EBITDA | 8.54 M | ||||
| Net Income | (16.02 M) | ||||
| Cash And Equivalents | 33.34 M | ||||
| Cash Per Share | 0.38 X | ||||
| Total Debt | 44.93 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 2.59 X | ||||
| Book Value Per Share | 1.09 X | ||||
| Cash Flow From Operations | (5.22 M) | ||||
| Earnings Per Share | (0.18) X | ||||
| Market Capitalization | 47.68 M | ||||
| Total Asset | 183.89 M | ||||
| Retained Earnings | (8.31 M) | ||||
| Working Capital | 15.17 M | ||||
| Current Asset | 32.62 M | ||||
| Current Liabilities | 14.9 M | ||||
About Gold Resource Performance
To evaluate Gold Resource Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Gold Resource generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Gold Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Gold Resource market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Gold's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 32.06 | 30.45 | |
| Return On Tangible Assets | (0.09) | (0.09) | |
| Return On Capital Employed | (0.11) | (0.11) | |
| Return On Assets | (0.09) | (0.09) | |
| Return On Equity | (0.17) | (0.17) |
Things to note about Gold Resource performance evaluation
Checking the ongoing alerts about Gold Resource for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Gold Resource help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Gold Resource is way too risky over 90 days horizon | |
| Gold Resource has some characteristics of a very speculative penny stock | |
| Gold Resource appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 97.76 M. Net Loss for the year was (16.02 M) with profit before overhead, payroll, taxes, and interest of 56.97 M. | |
| Gold Resource currently holds about 33.34 M in cash with (5.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38. | |
| Latest headline from finance.yahoo.com: Fortitude Gold Announces CFO Transitional Plan |
- Analyzing Gold Resource's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Gold Resource's stock is overvalued or undervalued compared to its peers.
- Examining Gold Resource's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Gold Resource's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Gold Resource's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Gold Resource's stock. These opinions can provide insight into Gold Resource's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gold Resource. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Gold Stock analysis
When running Gold Resource's price analysis, check to measure Gold Resource's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gold Resource is operating at the current time. Most of Gold Resource's value examination focuses on studying past and present price action to predict the probability of Gold Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Resource's price. Additionally, you may evaluate how the addition of Gold Resource to your portfolios can decrease your overall portfolio volatility.
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Is Gold Resource's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gold Resource. If investors know Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gold Resource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.742 | Earnings Share (0.18) | Revenue Per Share 1.104 | Quarterly Revenue Growth (0.35) | Return On Assets (0.06) |
The market value of Gold Resource is measured differently than its book value, which is the value of Gold that is recorded on the company's balance sheet. Investors also form their own opinion of Gold Resource's value that differs from its market value or its book value, called intrinsic value, which is Gold Resource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gold Resource's market value can be influenced by many factors that don't directly affect Gold Resource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gold Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold Resource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.