Why Invest In Gold Resource Corporation (GORO) Stock?
Gold Resource Corporation (AMEX:GORO) has a beta value of 1.78 and has seen 0.62 million shares traded in the last trading session. The company, currently valued at $190.61M, closed the last trade at $2.60 per share which meant it gained $0.04 on the day or 1.56% during that session. The GORO stock price is -93.85% off its 52-week high price of $5.04 and 4.62% above the 52-week low of $2.48. The 3-month trading volume is 1.10 million shares. The consensus among analysts is that Gold Resource Corporation (GORO) is a Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. Gold Resource Corporation (AMEX:GORO) trade information  Sporting 1.56% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 07/02/21 when the GORO stock price touched $2.60 or saw a rise of 1.52%. Year-to-date, Gold Resource Corporation shares have moved -10.65%, while the 5-day performance has seen it change 1.56%. Over the past 30 days, the shares of Gold Resource Corporation (AMEX:GORO) have changed -7.80%. Wall Street analysts have a consensus price target for the stock at $5.50, which means that the shares value could jump 52.73% from current levels. The projected low price target is $5.50 while the price target rests at a high of $5.50. In that case, then, we find that the current price level is -111.54% off the targeted high while a plunge would see the stock gain -111.54% from current levels. Gold Resource Corporation (GORO) estimates and forecasts  Figures show that Gold Resource Corporation shares have outperformed across the wider relevant industry. The companys shares have lost -10.65% over the past 6 months, with this year growth rate of 255.56%, compared to 6.60% for the industry. If we evaluate the companys growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -29.20% over the past 5 years. GORO Dividends  Gold Resource Corporation is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the companys debt issue. The forward dividend is 0.04 at a share yield of 1.54%. The companys dividend yield has gone up over the past 12 months.