Recent Research Analysts’ Ratings Changes for Gold Resource (GORO)

A number of research firms have changed their ratings and price targets for Gold Resource (NYSE: GORO):

• 3/23/2024 – Gold Resource is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 3/15/2024 – Gold Resource is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 3/15/2024 – Gold Resource had its price target lowered by analysts at HC Wainwright from $1.75 to $1.50. They now have a “buy” rating on the stock.
• 3/14/2024 – Gold Resource is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 3/8/2024 – Gold Resource is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 3/2/2024 – Gold Resource is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 2/25/2024 – Gold Resource is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 2/19/2024 – Gold Resource is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 2/13/2024 – Gold Resource is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 2/7/2024 – Gold Resource is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.
• 2/1/2024 – Gold Resource is now covered by analysts at StockNews.com. They set a “sell” rating on the stock.

Gold Resource Price Performance

Gold Resource stock opened at $0.41 on Thursday. The stock has a market capitalization of $36.15 million, a P/E ratio of -2.40 and a beta of 1.52. Gold Resource Co. has a 12-month low of $0.22 and a 12-month high of $1.19.

Institutional Trading of Gold Resource

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Two Sigma Securities LLC acquired a new stake in shares of Gold Resource in the 1st quarter valued at approximately $27,000. Financial & Tax Architects LLC acquired a new stake in Gold Resource during the 4th quarter valued at $28,000. Engineers Gate Manager LP acquired a new stake in shares of Gold Resource during the fourth quarter worth $28,000. Prudential Financial Inc. acquired a new stake in shares of Gold Resource during the second quarter worth $41,000. Finally, HRT Financial LP bought a new position in shares of Gold Resource in the fourth quarter worth $45,000. 18.38% of the stock is owned by institutional investors.

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