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How to buy Gold Resource Corporation stock | $2.83

Own Gold Resource Corporation stock in just a few minutes.

Fact checked

Gold Resource Corporation is a gold business based in the US. Gold Resource Corporation shares (GORO) are listed on the NYSE MKT and all prices are listed in US Dollars. Gold Resource Corporation employs 64 staff and has a trailing 12-month revenue of around USD$130.7 million.

How to buy shares in Gold Resource Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Gold Resource Corporation. Find the stock by name or ticker symbol: GORO. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Gold Resource Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$2.83, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Gold Resource Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Gold Resource Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Gold Resource Corporation share price

Use our graph to track the performance of GORO stocks over time.

Gold Resource Corporation shares at a glance

Information last updated 2020-12-27.
Latest market closeUSD$2.83
52-week rangeUSD$2.003 - USD$6.1823
50-day moving average USD$3.1979
200-day moving average USD$3.63
Wall St. target priceUSD$7.5
PE ratio 1690
Dividend yield USD$0.04 (1.18%)
Earnings per share (TTM) USD$0.002

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Gold Resource Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Gold Resource Corporation price performance over time

Historical closes compared with the close of $2.83 from 2021-01-11

1 week (2021-01-14) 1.43%
1 month (2020-12-22) -22.04%
3 months (2020-10-22) -3.74%
6 months (2020-07-22) -40.55%
1 year (2020-01-22) -44.51%
2 years (2019-01-22) -33.72%
3 years (2018-01-22) 4.92
5 years (2016-01-22) 117.69%

Is Gold Resource Corporation under- or over-valued?

Valuing Gold Resource Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Gold Resource Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Gold Resource Corporation's P/E ratio

Gold Resource Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 1690x. In other words, Gold Resource Corporation shares trade at around 1690x recent earnings.

Gold Resource Corporation's EBITDA

Gold Resource Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$32.2 million.

The EBITDA is a measure of a Gold Resource Corporation's overall financial performance and is widely used to measure a its profitability.

Gold Resource Corporation financials

Revenue TTM USD$130.7 million
Operating margin TTM 2.18%
Gross profit TTM USD$51 million
Return on assets TTM 0.9%
Return on equity TTM 0.15%
Profit margin 0.19%
Book value $2.449
Market capitalisation USD$242.9 million

TTM: trailing 12 months

Shorting Gold Resource Corporation shares

There are currently 3.1 million Gold Resource Corporation shares held short by investors – that's known as Gold Resource Corporation's "short interest". This figure is 13.7% up from 2.7 million last month.

There are a few different ways that this level of interest in shorting Gold Resource Corporation shares can be evaluated.

Gold Resource Corporation's "short interest ratio" (SIR)

Gold Resource Corporation's "short interest ratio" (SIR) is the quantity of Gold Resource Corporation shares currently shorted divided by the average quantity of Gold Resource Corporation shares traded daily (recently around 1.1 million). Gold Resource Corporation's SIR currently stands at 2.85. In other words for every 100,000 Gold Resource Corporation shares traded daily on the market, roughly 2850 shares are currently held short.

However Gold Resource Corporation's short interest can also be evaluated against the total number of Gold Resource Corporation shares, or, against the total number of tradable Gold Resource Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Gold Resource Corporation's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Gold Resource Corporation shares in existence, roughly 40 shares are currently held short) or 0.0441% of the tradable shares (for every 100,000 tradable Gold Resource Corporation shares, roughly 44 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Gold Resource Corporation.

Find out more about how you can short Gold Resource Corporation stock.

Gold Resource Corporation share dividends

Dividend payout ratio: 4077.06% of net profits

Recently Gold Resource Corporation has paid out, on average, around 4077.06% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.18% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Gold Resource Corporation shareholders could enjoy a 1.18% return on their shares, in the form of dividend payments. In Gold Resource Corporation's case, that would currently equate to about $0.04 per share.

Gold Resource Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Gold Resource Corporation's most recent dividend payout was on 23 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 10 December 2020 (the "ex-dividend date").

Gold Resource Corporation share price volatility

Over the last 12 months, Gold Resource Corporation's shares have ranged in value from as little as $2.003 up to $6.1823. A popular way to gauge a stock's volatility is its "beta".

GORO.US volatility(beta: 2)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE MKT average) beta is 1, while Gold Resource Corporation's is 2.0026. This would suggest that Gold Resource Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Gold Resource Corporation overview

Gold Resource Corporation explores for, develops, produces, and sells gold and silver in Mexico and the United States. It also explores for copper, lead, and zinc deposits. The company's flagship property is the Aguila project comprising 18 mining concessions covering an area of approximately 24,372 hectares located in the State of Oaxaca, Mexico. Gold Resource Corporation was founded in 1998 and is headquartered in Colorado Springs, Colorado.

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