Gold Resource Corporation explores for, develops, produces, and sells gold and silver in Mexico and the United States. More Details
Excellent balance sheet with limited growth.
Share Price & News
How has Gold Resource's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GORO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: GORO's weekly volatility (9%) has been stable over the past year.
7 Day Return
US Metals and Mining
1 Year Return
US Metals and Mining
Return vs Industry: GORO underperformed the US Metals and Mining industry which returned 27.2% over the past year.
Return vs Market: GORO underperformed the US Market which returned 19% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Gold Resource's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWhat You Need To Know About Gold Resource Corporation's (NYSEMKT:GORO) Investor Composition
7 months ago | Simply Wall StWhat Is Gold Resource's (NYSEMKT:GORO) P/E Ratio After Its Share Price Tanked?
8 months ago | Simply Wall StCan Gold Resource Corporation (NYSEMKT:GORO) Improve Its Returns?
Is Gold Resource undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GORO ($3) is trading above our estimate of fair value ($0.56)
Significantly Below Fair Value: GORO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GORO is poor value based on its PE Ratio (844.4x) compared to the US Metals and Mining industry average (19.3x).
PE vs Market: GORO is poor value based on its PE Ratio (844.4x) compared to the US market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GORO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GORO is good value based on its PB Ratio (1.2x) compared to the US Metals and Mining industry average (1.6x).
How is Gold Resource forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if GORO's forecast earnings growth is above the savings rate (2.2%).
Earnings vs Market: Insufficient data to determine if GORO's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GORO's revenue (37% per year) is forecast to grow faster than the US market (10.2% per year).
High Growth Revenue: GORO's revenue (37% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GORO's Return on Equity is forecast to be high in 3 years time
How has Gold Resource performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GORO has high quality earnings.
Growing Profit Margin: GORO's current net profit margins (0.2%) are lower than last year (5.2%).
Past Earnings Growth Analysis
Earnings Trend: GORO's earnings have declined by 8.8% per year over the past 5 years.
Accelerating Growth: GORO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GORO had negative earnings growth (-96.3%) over the past year, making it difficult to compare to the Metals and Mining industry average (-12.4%).
Return on Equity
High ROE: GORO's Return on Equity (0.1%) is considered low.
How is Gold Resource's financial position?
Financial Position Analysis
Short Term Liabilities: GORO's short term assets ($70.5M) exceed its short term liabilities ($20.5M).
Long Term Liabilities: GORO's short term assets ($70.5M) exceed its long term liabilities ($7.0M).
Debt to Equity History and Analysis
Debt Level: GORO's debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: GORO had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: GORO's debt is well covered by operating cash flow (3118.6%).
Interest Coverage: Insufficient data to determine if GORO's interest payments on its debt are well covered by EBIT.
What is Gold Resource current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GORO's dividend (1.33%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: GORO's dividend (1.33%) is low compared to the top 25% of dividend payers in the US market (4.15%).
Stability and Growth of Payments
Stable Dividend: GORO's dividends per share have been stable in the past 10 years.
Growing Dividend: GORO's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (1125.8%), GORO's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jason Reid (47 yo)
Mr. Jason D. Reid has been the Chief Executive Officer of Gold Resource Corp since October 1, 2013 and has also been its President since July 1, 2010. Mr. Reid served as the Vice President of Corporate Dev...
CEO Compensation Analysis
Compensation vs Market: Jason's total compensation ($USD1.25M) is about average for companies of similar size in the US market ($USD1.12M).
Compensation vs Earnings: Jason's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||0.25yr||US$332.00k||0.035% |
|Chief Operating Officer||8.67yrs||US$626.10k||0.098% |
|Vice President of Corporate Development||7.08yrs||US$377.90k||0.86% |
|Vice President of Exploration||7.83yrs||US$648.68k||0.066% |
|VP of Legal Affairs||9.42yrs||US$434.09k||0.031% |
|Senior Resource Geologist||no data||no data||no data|
|Chief Geologist||6.83yrs||no data||no data|
Experienced Management: GORO's management team is seasoned and experienced (7.1 years average tenure).
|Independent Chairman of the Board||6.83yrs||US$635.49k||0.32% |
|Independent Director||4.67yrs||US$383.29k||0.032% |
Experienced Board: GORO's board of directors are considered experienced (6.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.4%.
Gold Resource Corporation's company bio, employee growth, exchange listings and data sources
- Name: Gold Resource Corporation
- Ticker: GORO
- Exchange: AMEX
- Founded: 1998
- Industry: Gold
- Sector: Materials
- Market Cap: US$218.472m
- Shares outstanding: 71.87m
- Website: https://goldresourcecorp.com
Number of Employees
- Gold Resource Corporation
- 2886 Carriage Manor Point
- Colorado Springs
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GORO||AMEX (NYSE MKT LLC)||Yes||Common Stock||US||USD||Sep 2006|
|GIH||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Sep 2006|
|0IYS||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Sep 2006|
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 ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 00:18|
|End of Day Share Price||2020/11/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.