GORO icon

Gold Resource Corp

0.4060 USD
-0.0190
4.47%
At close Apr 17, 4:00 PM EDT
After hours
0.3950
-0.0110
2.71%
1 day
-4.47%
5 days
-9.52%
1 month
-15.75%
3 months
13.98%
6 months
0.64%
Year to date
82.88%
1 year
-18.01%
5 years
-88.72%
10 years
-88.20%
 

About: Gold Resource Corp is a producer of metal concentrates that contain gold, silver, copper, lead, and zinc in Oaxaca, Mexico. . It targets low capital expenditure projects with the potential for generating high returns on capital. The company's two pipeline projects are; Don David Gold at Oaxaca, Mexico, and Back Forty at Michigan, United States of America. The Company has two reporting segments, based on geographic regions. Oaxaca, Mexico represents the Company's only operating segment with a production stage property. The Company's other reporting segment is Michigan, U.S.A., with an exploration stage property.

Employees: 465

0
Funds holding %
of 7,407 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

1.9% less ownership

Funds ownership: 15.14% [Q3] → 13.24% (-1.9%) [Q4]

7% less funds holding

Funds holding: 57 [Q3] → 53 (-4) [Q4]

14% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 14

38% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 13

41% less capital invested

Capital invested by funds: $4.94M [Q3] → $2.92M (-$2.02M) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$1.25
208%
upside
Avg. target
$1.25
208%
upside
High target
$1.25
208%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
HC Wainwright & Co.
Heiko Ihle
57% 1-year accuracy
114 / 199 met price target
208%upside
$1.25
Buy
Maintained
7 Mar 2025

Financial journalist opinion

Based on 4 articles about GORO published over the past 30 days

Neutral
Seeking Alpha
1 week ago
Gold Resource Corporation (GORO) Q4 2024 Earnings Call Transcript
Gold Resource Corporation (NYSE:GORO ) Q4 2024 Earnings Conference Call April 9, 2025 12:00 PM ET Company Participants Chet Holyoak - Chief Financial Officer Allen Palmiere - President and Chief Executive Officer Alberto Reyes - Chief Operating Officer Conference Call Participants Jake Sekelsky - Alliance Global Partners Heiko Ihle - H.C. Wainwright Operator Good afternoon, ladies and gentlemen, and welcome to the Gold Resource Year-End 2024 Earnings Call.
Gold Resource Corporation (GORO) Q4 2024 Earnings Call Transcript
Neutral
Business Wire
1 week ago
Gold Resource Corporation Reports Financial Results for 2024 Year End
DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce its year end operational results from its Don David Gold Mine (“DDGM”) near Oaxaca, Mexico. “Although the 2024 mine plan was based on lower grade ore, our aging mining fleet resulted in less tonnes mined and reduced our ability to access or develop into higher-grade areas,” stated Allen Palmiere, President and CEO. “This, when combined with a rainy season that was longer and wetter th.
Gold Resource Corporation Reports Financial Results for 2024 Year End
Neutral
Business Wire
1 week ago
Gold Resource Corporation Announces Year End 2024 Conference Call
DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) announces that it will host a conference call on Wednesday, April 9, 2025, at 12:00 p.m. Eastern Time. The conference call will be recorded and posted on the Company's website later in the day following the conclusion of the call. Following prepared remarks, Allen Palmiere, President and Chief Executive Officer, Alberto Reyes, Chief Operating Officer and Chet Holyoak, Chief Financial Officer will host a liv.
Gold Resource Corporation Announces Year End 2024 Conference Call
Neutral
Business Wire
2 weeks ago
Gold Resource Corporation Announces 2024 Drill Results
DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce a summary of the 2024 exploration drill results at the Companies Don David Gold Mine (“DDGM”) in Oaxaca, Mexico. “We are excited to share the positive results of our 2024 exploration drilling program that indicate that the Three Sisters and Gloria vein systems will be significant contributors to our future resource at Don David,” stated Allen Palmiere. “The discovery and definition of.
Gold Resource Corporation Announces 2024 Drill Results
Neutral
Business Wire
1 month ago
Gold Resource Corporation Announces the Completion and Release of S-K 1300 Technical Report of the Don David Gold Mine
DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce the release of the S-K 1300 Technical Report Summary (the “Report”) for the Don David Gold Mine (“DDGM”) located in Oaxaca, Mexico. The Report summarizes the successful 2024 drilling program which resulted in a replacement of 2024 mined reserves plus a 10% increase in tonnes in Mineral Reserves at December 31, 2024 compared to December 31, 2023. This increase is most significant in th.
Gold Resource Corporation Announces the Completion and Release of S-K 1300 Technical Report of the Don David Gold Mine
Neutral
Business Wire
2 months ago
Gold Resource Corporation Closes $2.5 Million Registered Direct Offering
DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company” or “GRC”) is pleased to announce that it has closed on the previously announced registered direct offering of 15,625,000 shares of the Company's common stock at a price of $0.16 per share, resulting in total gross proceeds of approximately $2.5 million. GRC did not retain a placement agent in connection with the offering. The Company intends to use the net proceeds from the offering for working capital and o.
Gold Resource Corporation Closes $2.5 Million Registered Direct Offering
Neutral
Business Wire
3 months ago
Gold Resource Corporation Announces $2.5 Million Registered Direct Offering
DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) today announces that it is pursuing a registered direct offering with certain investors for the purchase and sale of up to 15,625,000 shares of the Company's common stock at a price of $0.16 per share (the “Shares”), resulting in estimated total gross proceeds of approximately $2.5 million. The closing of the sale of the Shares is expected to take place within the next 10 days, subject to the satisfaction o.
Gold Resource Corporation Announces $2.5 Million Registered Direct Offering
Neutral
Business Wire
4 months ago
Gold Resource Corporation Liquidity Update
DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) announces an update to the operational and liquidity matters that were reported at the end of the third quarter. During the month of November, the Company has seen an improvement in production at the Don David Gold Mine (“DDGM”) as compared to earlier in the fourth quarter. Strategic mine planning succeeded in providing sufficient mining faces, and issues with the filter press and mill have been addressed f.
Gold Resource Corporation Liquidity Update
Neutral
Business Wire
5 months ago
Gold Resource Corporation Reports Financial Results for the Third Quarter of 2024
DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce its third quarter operational results from its Don David Gold Mine (“DDGM”) near Oaxaca, Mexico, and a corporate update on its other activities. 2024 Q3 Summary include: Produced and sold 1,357 ounces of gold and 181,434 ounces of silver Produced and sold 1,473 tonnes of zinc, 98 tonnes of copper, and 467 tonnes of lead Working capital of $6.1 million and cash balance of $1.4 million.
Gold Resource Corporation Reports Financial Results for the Third Quarter of 2024
Neutral
Business Wire
5 months ago
Gold Resource Corporation Announces Preliminary Third Quarter and Year-to-Date Results
DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) announces its preliminary third quarter results, which includes the sale of 1,357 ounces of gold and 181,434 ounces of silver, resulting in total gold equivalent (“AuEq”) ounces of 3,526. Additionally, the Company sold 1,473 tonnes of zinc, 98 tonnes of copper, and 467 tonnes of lead. During the nine months ending September 30, 2024, the Company sold 15,325 AuEq ounces, 4,926 tonnes of zinc, 559 tonnes of c.
Gold Resource Corporation Announces Preliminary Third Quarter and Year-to-Date Results
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