NYSEAM:GOROMetals and Mining
Gold Resource (GORO): Losses Worsen at 66.7% Annually, Undercutting Turnaround Narratives
Gold Resource (GORO) remains unprofitable, with net losses worsening at a rate of 66.7% per year over the past five years, and profit margins still in negative territory. Revenue is forecast to grow 8.2% annually, which is slower than the US market average of 10.5%. For investors, the company’s faster-increasing losses and underwhelming revenue outlook put pressure on sentiment this earnings season.
See our full analysis for Gold Resource.
Next, we will see how these headline results stack up...