Gold Resource CorpGORO
GORO
About: Gold Resource Corp is a gold and silver producer, developer, and explorer with operations in Oaxaca, Mexico, and Nevada, USA. 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.
Employees: 488
0
Funds holding %
of 7,363 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings 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 (-$2.03M) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$1.25
125%
upside
Avg. target
$1.25
125%
upside
High target
$1.25
125%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
HC Wainwright & Co. Heiko Ihle 51% 1-year accuracy 99 / 194 met price target | 125%upside $1.25 | Buy Maintained | 7 Mar 2025 |
Financial journalist opinion
Neutral
Business Wire
6 days 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.
Neutral
Business Wire
1 month 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.
Neutral
Business Wire
2 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.
Neutral
Business Wire
3 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.
Neutral
Business Wire
4 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.
Neutral
Business Wire
4 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.
Neutral
Seeking Alpha
7 months ago
Gold Resource Corporation (GORO) Q2 2024 Earnings Call Transcript
Gold Resource Corporation (NYSE:GORO ) Q2 2024 Earnings Conference Call August 7, 2024 12:00 PM ET Company Participants Chet Holyoak - CFO Allen Palmiere - President and CEO Alberto Reyes - COO Conference Call Participants Jake Sekelsky - Alliance Global Partners Heiko Ihle - H.C. Wainwright John Bair - Ascend Wealth Advisors Operator Good afternoon, ladies and gentlemen, and welcome to the Gold Resource Q2 2024 Earnings Call.
Neutral
Business Wire
7 months ago
Gold Resource Corporation Reports Financial Results for the Second Quarter of 2024
DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce its second quarter operational results from its Don David Gold Mine (“DDGM”) near Oaxaca, Mexico, and a corporate update on its other activities. 2024 Q2 Highlights include: Produced and sold 2,724 ounces of gold and 234,560 ounces of silver Produced and sold 1,771 tonnes of zinc, 197 tonnes of copper, and 491 tonnes of lead Cash balance of $5.3 million and working capital of $14.3 mi.
Neutral
Business Wire
7 months ago
Gold Resource Corporation Announces Q2 2024 Conference Call
DENVER--(BUSINESS WIRE)--Gold Resource Corporation (NYSE American: GORO) (the “Company”) announces that it will host a conference call on Wednesday, August 7, 2024 at 12:00 p.m. Eastern Time. The conference call will be recorded and posted to 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.
Neutral
InvestorPlace
9 months ago
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