How does GORO's PS Ratio compare to its peers?

GORO is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.8x).

How does GORO's PS Ratio compare vs other companies in the US Metals and Mining Industry?

GORO is good value based on its Price-To-Sales Ratio (0.2x) compared to the US Metals and Mining industry average (1.3x).

What is GORO's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GORO is good value based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (0.6x).

What is the Fair Price of GORO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate GORO's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine [[statistical confidence]] in agreement.

Gold Resource (NYSEAM:GORO) - Stock Price, News & Analysis

GORO Stock Overview

Engages in the exploration, development, and production of gold and silver projects in Mexico and the United States. More details

GORO fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Revenue is forecast to grow 17.58% per year

Trading at good value compared to peers and industry

Risk Analysis

Has less than 1 year of cash runway

Earnings have declined by 67.6% per year over past 5 years

Highly volatile share price over the past 3 months compared to the US market

Shareholders have been diluted in the past year

+ 1 more risk

Gold Resource Corporation Competitors

DynaResource

OTCPK:DYNR

US$29.4m

Antioquia Gold

OTCPK:AGDX.F

US$21.7m

Victoria Gold

OTCPK:VITF.F

US$23.4m

Patriot Gold

OTCPK:PGOL

US$1.8m

Price History & Performance

Summary of all time highs, changes and price drops for Gold Resource
Historical stock prices
Current Share Price	US$0.15
52 Week High	US$0.71
52 Week Low	US$0.12
Beta	1.52
11 Month Change	-65.17%
3 Month Change	-66.16%
1 Year Change	-50.61%
33 Year Change	-92.97%
5 Year Change	-96.49%
Change since IPO	-86.71%

Recent updates

Shareholder Returns

	GORO	US Metals and Mining	US Market
7D	-4.0%	-2.5%	-2.1%
1Y	-50.6%	21.5%	29.7%

Return vs Industry: GORO underperformed the US Metals and Mining industry which returned 19.4% over the past year.

Return vs Market: GORO underperformed the US Market which returned 29.6% over the past year.

Price Volatility

Is GORO's price volatile compared to industry and market?
GORO volatility
GORO Average Weekly Movement	22.1%
Metals and Mining Industry Average Movement	8.1%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: GORO's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: GORO's weekly volatility has increased from 16% to 22% over the past year.

About the Company

Founded	Employees	CEO	Website
1998	504	Allen Palmiere	www.goldresourcecorp.com

Gold Resource Corporation engages in the exploration, development, and production of gold and silver projects in Mexico and the United States. The company also explores for copper, lead, and zinc deposits. Its principal assets are the 100% owned Don David gold mine and Back Forty project covering approximately 1,304 hectares located in Menominee county, Michigan.

Gold Resource Corporation Fundamentals Summary

How do Gold Resource's earnings and revenue compare to its market cap?
GORO fundamental statistics
Market cap	US$12.50m
Earnings (TTM)	-US$45.31m
Revenue (TTM)	US$73.90m

0.2x

P/S Ratio

-0.3x

P/E Ratio

Is GORO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GORO income statement (TTM)
Revenue	US$73.90m
Cost of Revenue	US$70.16m
Gross Profit	US$3.73m
Other Expenses	US$49.04m
Earnings	-US$45.31m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.48
Gross Margin	5.05%
Net Profit Margin	-61.31%
Debt/Equity Ratio	0%

How did GORO perform over the long term?

See historical performance and comparison

GORO Stock Overview

Rewards

Risk Analysis

Gold Resource Corporation Competitors

OTCPK:DYNR

US$29.4m

OTCPK:AGDX.F

US$21.7m

OTCPK:VITF.F

US$23.4m

OTCPK:PGOL

US$1.8m

Price History & Performance

Recent News & Updates

New major risk - Financial position

Third quarter 2024 earnings released: US$0.11 loss per share (vs US$0.083 loss in 3Q 2023)

Price target increased by 9.1% to US$1.50

Second quarter 2024 earnings released: US$0.30 loss per share (vs US$0.052 loss in 2Q 2023)

New minor risk - Shareholder dilution

First quarter 2024 earnings released: US$0.045 loss per share (vs US$0.012 loss in 1Q 2023)

Recent updates

New major risk - Financial position

Third quarter 2024 earnings released: US$0.11 loss per share (vs US$0.083 loss in 3Q 2023)

Price target increased by 9.1% to US$1.50

Second quarter 2024 earnings released: US$0.30 loss per share (vs US$0.052 loss in 2Q 2023)

New minor risk - Shareholder dilution

First quarter 2024 earnings released: US$0.045 loss per share (vs US$0.012 loss in 1Q 2023)

Gold Resource Corporation, Annual General Meeting, Jun 18, 2024

New major risk - Share price stability

Full year 2023 earnings released: US$0.18 loss per share (vs US$0.072 loss in FY 2022)

Gold Resource Corporation Provides Production Guidance for the Full Year 2024

Insufficient new directors

Gold Resource Corporation Reports High Grade Drill Results At the Don David Gold Mine

New minor risk - Share price stability

Third quarter 2023 earnings released: US$0.083 loss per share (vs US$0.11 loss in 3Q 2022)

Gold Resource Corporation Reports the Filing of a SK1300 Initial Assessment for the Back Forty Project

Price target decreased by 13% to US$2.63

Gold Resource Corporation Reports Continued Positive Drill Results at Don David Gold Mine

Gold Resource Corporation Announces Change in Chief Financial Officer

Second quarter 2023 earnings released: US$0.052 loss per share (vs US$0.03 profit in 2Q 2022)

Gold Resource Corporation Reaffirms Production Guidance for the Year 2023

New minor risk - Share price stability

Gold Resource Corporation Announces the Resignation of Joe Driscoll from the Board of Directors

Gold Resource Corporation Provides an Update on Positive Year-To-Date 2023 Drill Results At the Don David Gold Mine

Gold Resource Corporation Announces Resignation of Alex Morrison as Chairman of the Board of Directors

Full year 2022 earnings released: US$0.072 loss per share (vs US$0.11 profit in FY 2021)

Price target decreased by 24% to US$3.63

Gold Resource Corporation Provides Production Guidance for the Year 2023

Upcoming dividend of US$0.01 per share

High number of new and inexperienced directors

Third quarter 2022 earnings released: US$0.11 loss per share (vs US$0.021 profit in 3Q 2021)

Gold Resource Corporation Declares Quarterly Dividend for the Fourth Quarter of 2022, Payable on December 30, 2022

Price target decreased to US$4.63

Investor sentiment improved over the past week

Upcoming dividend of US$0.01 per share

Gold Resource Corporation Reiterates Production Guidance for the Full Year 2022

Gold Resource Corporation Declares Quarterly Dividend for the Third Quarter of 2022, Payable on September 30, 2022

Second quarter 2022 earnings released: EPS: US$0.03 (vs US$0.017 in 2Q 2021)

Price target decreased to US$5.00

Upcoming dividend of US$0.01 per share

First quarter 2022 earnings released: EPS: US$0.045 (vs US$0.034 in 1Q 2021)

Now 22% undervalued

High number of new and inexperienced directors

Investor sentiment deteriorated over the past week

Gold Resource Corporation Announce Addition to Management Team

Investor sentiment improved over the past week

Gold Resource Corporation, Annual General Meeting, May 19, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Upcoming dividend of US$0.01 per share

Investor sentiment improved over the past week

Gold Resource Corporation Declares Quarterly Dividend for First Quarter of 2022, Payable on March 31, 2022

Investor sentiment improved over the past week

Gold Resource Corporation (NYSEAM:GORO) completed the acquisition of Aquila Resources Inc. (TSX:AQA) from Orion Mine Finance, Osisko Bermuda Limited, Hudbay Minerals Inc. (TSX:HBM) and others.

Upcoming dividend of US$0.01 per share

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS US$0.021 (vs US$0.071 in 3Q 2020)

Gold Resource Corporation (NYSEAM:GORO) entered into a binding letter agreement to acquire Aquila Resources Inc. (TSX:AQA) from Orion Mine Finance, Osisko Bermuda Limited and others for CAD 31.2 million.

Upcoming dividend of US$0.01 per share

Second quarter 2021 earnings released: EPS US$0.017 (vs US$0.004 in 2Q 2020)

Gold Resource Corporation(NYSEAM:GORO) dropped from Russell 3000E Value Index