Gold Resource Stock Analysis

GORO -  USA Stock  

USD 2.02  0.03  1.46%

The big decline in price over the last few months for Gold Resourcemay raise some interest from institutional investors. The stock closed today at a share price of 2.02 on 407,752 in trading volume. The company directors and management failed to add value to investors and positioning the firm supply of money to exploit market volatility in July. However, diversifying your holdings with Gold Resource Corp or any similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.27. The current volatility is consistent with the ongoing market swings in July 2021 as well as with Gold Resource Corp unsystematic, company-specific events.
Please check Risk vs Return Analysis.

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The Gold Resource stock analysis report makes it easy to digest most publicly released information about Gold Resource and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Gold Resource Stock analysis module also helps to analyze the Gold Resource price relationship with some important fundamental indicators such as market cap and management efficiency.

Gold Resource Stock Analysis Notes

About 41.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.7. Some equities with similar Price to Book (P/B) outperform the market in the long run. Gold Resource Corp next dividend is scheduled to be issued on the 14th of June 2021. Gold Resource Corporation explores for, develops, produces, and sells gold and silver in Mexico and the United States. The company was founded in 1998 and is headquartered in Denver, Colorado. Gold Resource operates under Gold classification in the United States and is traded on NYSEMKT Exchange. It employs 11 people. To learn more about Gold Resource Corp call Jason Reid at 303 320-7708 or check out www.goldresourcecorp.com.

Gold Resource Quarterly Cost of Revenue

23.96 MillionShare

Gold Resource Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Gold Resource's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Gold Resource Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Gold Resource Corp generates negative expected return over the last 90 days
The company reported the previous year's revenue of 95.81 M. Net Loss for the year was (586 K) with profit before overhead, payroll, taxes, and interest of 30.05 M.
Gold Resource Corp has a strong financial position based on the latest SEC filings
Latest headline from markets.businessinsider.com: OTC Markets Group Welcomes AbraSilver Resource Corp to OTCQX - Markets Insider

Gold Resource Corp Upcoming and Recent Events

Earnings reports are used by Gold Resource to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Gold Resource previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report1st of November 2021
Next Earnings Report23rd of February 2022
Next Fiscal Quarter End30th of September 2021
Next Fiscal Year End23rd of February 2022
Last Quarter Report30th of June 2021
Last Earning Announcement30th of September 2020

Gold Resource Largest EPS Surprises

Earnings surprises can significantly impact Gold Resource's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2020-11-02
2020-09-300.060.070.0116 
2019-08-06
2019-06-300.040.03-0.0125 
2012-11-15
2012-09-300.150.13-0.0213 
View All Earnings Estimates

Gold Resource SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Gold Resource prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Gold Resource investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Gold Resource Corp specific information freely available to individual and institutional investors to make a timely investment decision.
27th of July 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
12th of July 2021
Unclassified Corporate Event
View
8th of June 2021
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders
View
18th of May 2021
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
28th of April 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
23rd of April 2021
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
16th of April 2021
Termination of a Material Definitive Agreement
View
24th of February 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View

Gold Resource Thematic Classifications

In addition to having Gold Resource stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Gold and Gold Mining IdeaGold and Gold Mining
Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas
Precious Metals IdeaPrecious Metals
USA Equities from Precious Metals industry as classified by Fama & French

Gold Resource Market Capitalization

The company currently falls under 'Small-Cap' category with current market capitalization of 157.07 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Gold Resource's market, we take the total number of its shares issued and multiply it by Gold Resource's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Gold Resource Profitablity

Gold Resource's profitability indicators refer to fundamental financial ratios that showcase Gold Resource's ability to generate income relative to its revenue or operating costs. If, let's say, Gold Resource is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Gold Resource's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Gold Resource's profitability requires more research than a typical breakdown of Gold Resource's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 10.44 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 10.02 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.1.
Last ReportedProjected for 2021
Return on Investment(1.56) (1.60) 
Return on Average Assets 0.025  0.0257 
Return on Average Equity 0.029  0.0298 
Return on Invested Capital 0.07  0.07 
Return on Sales 0.11  0.12 

Management Efficiency

The entity has return on total asset (ROA) of 3.95 % which means that it generated profit of $3.95 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of (0.46) %, meaning that it created substantial loss on money invested by shareholders. Gold Resource management efficiency ratios could be used to measure how well gold resource corp manages its routine affairs as well as how well it operates its assets and liabilities. Gold Resource Return on Average Assets are quite stable at the moment as compared to the past year. The company's current value of Return on Average Assets is estimated at 0.0257. Return on Average Equity is expected to rise to 0.0298 this year, although the value of Return on Investment will most likely fall to (1.60) . Gold Resource Net Current Assets as percentage of Total Assets are quite stable at the moment as compared to the past year. The company's current value of Net Current Assets as percentage of Total Assets is estimated at 33.32. Asset Turnover is expected to rise to 0.64 this year, although the value of Current Assets will most likely fall to about 42.2 M.
Last ReportedProjected for 2021
Book Value per Share 1.29  1.68 
Enterprise Value over EBIT 18.00  14.74 
Enterprise Value over EBITDA 6.57  5.63 
Price to Book Value 2.31  2.37 
Tangible Assets Book Value per Share 1.51  2.00 
Enterprise Value180.8 M185.5 M
Tangible Asset Value105.7 M123.5 M

Technical Drivers

As of the 5th of August, Gold Resource retains the risk adjusted performance of (0.13), and Market Risk Adjusted Performance of (0.35). Gold Resource technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Gold Resource Corp, which can be compared to its competitors. Please check out Gold Resource Corp downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Gold Resource is priced fairly, providing market reflects its last-minute price of 2.02 per share. Please also validate Gold Resource Corp total risk alpha, which is currently at (0.50) to confirm the company can sustain itself at a future point.

Gold Resource Corp Price Movement Analysis

The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Gold Resource middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Gold Resource Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target. View also all equity analysis or get more info about bollinger bands overlap studies indicator.

Gold Resource Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Gold Resource insiders, such as employees or executives, is commonly permitted as long as it does not rely on Gold Resource's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Gold Resource insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Gold Resource Predictive Daily Indicators

Gold Resource intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Gold Resource stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Gold Resource Forecast Models

Gold Resource time-series forecasting models is one of many Gold Resource's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Gold Resource's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Gold Resource Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Gold Resource stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Gold Resource shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Gold Resource. By using and applying Gold Resource Stock analysis, traders can create a robust methodology for identifying Gold Resource entry and exit points for their positions.
Last ReportedProjected for 2021
Operating Margin(2.15) (2.20) 
EBITDA Margin 0.30  0.33 
Gross Margin 0.14  0.14 
Profit Margin 0.06  0.06 
Gold Resource Corporation explores for, develops, produces, and sells gold and silver in Mexico and the United States. The company was founded in 1998 and is headquartered in Denver, Colorado. Gold Resource operates under Gold classification in the United States and is traded on NYSEMKT Exchange. It employs 11 people.

Current Gold Resource Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Gold Resource analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Gold Resource analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
5.5Strong Buy1Odds
Gold Resource Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Gold Resource analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Gold Resource stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Gold Resource Corp, talking to its executives and customers, or listening to Gold Resource conference calls.
Gold Resource Analyst Advice Details

Gold Resource Stock Analysis Indicators

Gold Resource Corp stock analysis indicators help investors 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 understating and applying Gold Resource stock analysis, traders can identify Gold Resource position entry and exit signals to maximize returns.
Quick Ratio2.58
Trailing Annual Dividend Rate0.04
Fifty Two Week Low2.0200
Revenue Growth23.10%
Shares Short Prior Month3.37M
Average Daily Volume Last 10 Day839.54k
Average Daily Volume In Three Month1.11M
Shares Percent Shares Out4.81%
Gross Margins37.45%
Short Percent Of Float4.87%
Forward Price Earnings15.07
Float Shares74.18M
Fifty Two Week High4.9400
Enterprise Value To Ebitda6.57
Fifty Day Average2.4097
Two Hundred Day Average2.7014
Enterprise Value To Revenue1.68
Trailing Annual Dividend Yield1.94%
Please check Risk vs Return Analysis. Note that the Gold Resource Corp information on this page should be used as a complementary analysis to other Gold Resource's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Gold Resource Corp 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 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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The market value of Gold Resource Corp is measured differently than its book value, which is the value of Gold Resource 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 Corp underlying business (such as 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 Gold Resource value 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.