Gold Resource Stock Price on July 12, 2021
| GORO Stock | USD 0.47 0.03 6.00% |
Below is the normalized historical share price chart for Gold Resource extending back to September 14, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Gold Resource stands at 0.47, as last reported on the 25th of April, with the highest price reaching 0.52 and the lowest price hitting 0.47 during the day.
If you're considering investing in Gold Stock, it is important to understand the factors that can impact its price. Gold Resource is abnormally volatile given 3 months investment horizon. Gold Resource holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.14% are justified by taking the suggested risk. Use Gold Resource Downside Deviation of 7.18, risk adjusted performance of 0.0973, and Market Risk Adjusted Performance of 3.15 to evaluate company specific risk that cannot be diversified away.
As of the 25th of April 2024, Total Stockholder Equity is likely to drop to about 80.4 M. In addition to that, Common Stock Total Equity is likely to drop to about 58 K. As of the 25th of April 2024, Price To Sales Ratio is likely to drop to 0.32. In addition to that, Price Earnings Ratio is likely to grow to -1.97. Gold Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of September 2006 | 200 Day MA 0.4083 | 50 Day MA 0.3924 | Beta 1.643 |
Gold |
Sharpe Ratio = 0.1395
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Estimated Market Risk
| 8.14 actual daily | 72 72% of assets are less volatile |
Expected Return
| 1.14 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Gold Resource is performing at about 10% 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.
Price Book 0.4931 | Enterprise Value Ebitda 6.9848 | Price Sales 0.4879 | Shares Float 88.3 M | Wall Street Target Price 1.38 |
Gold Resource Valuation on July 12, 2021
It is possible to determine the worth of Gold Resource on a given historical date. On July 12, 2021 Gold was worth 2.39 at the beginning of the trading date compared to the closed value of 2.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gold Resource stock. Still, in general, we apply an absolute valuation method to find Gold Resource's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Gold Resource where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gold Resource's related companies.
| Open | High | Low | Close | Volume | |
04/11/2022 | 2.39 | 2.46 | 2.35 | 2.35 | 968,614 |
| 2.44 | 2.50 | 2.37 | 2.46 | 1,056,000 |
| Backtest Gold Resource | | | Gold Resource History | | | Gold Resource Valuation | Next |
Gold Resource Trading Date Momentum on July 12, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Gold Resource Fundamentals Correlations and Trends
By evaluating Gold Resource's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gold Resource's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gold financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gold Resource Stock history
Gold Resource investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Gold is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gold Resource will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Gold Resource stock prices may prove useful in developing a viable investing in Gold Resource
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 88.5 M | 57.1 M | |
| Net Loss | -5.7 M | -5.4 M |
Gold Resource Quarterly Net Working Capital |
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Gold Resource Stock Technical Analysis
Gold Resource technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Gold Resource Period Price Range
Low | April 11, 2022
| High |
2.39 | 2.35 |
Gold Resource April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Gold Resource stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gold Resource shares will generate the highest return on investment. By undertsting and applying Gold Resource stock market strength indicators, traders can identify Gold Resource entry and exit signals to maximize returns
| Accumulation Distribution | 43312.01 | |||
| Daily Balance Of Power | (0.36) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 2.41 | |||
| Day Typical Price | 2.39 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (1.88) | |||
| Relative Strength Index | 75.25 |
Gold Resource Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gold Resource's price direction in advance. Along with the technical and fundamental analysis of Gold Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gold to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0973 | |||
| Jensen Alpha | 1.09 | |||
| Total Risk Alpha | 0.0259 | |||
| Sortino Ratio | 0.1435 | |||
| Treynor Ratio | 3.14 |
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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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.