Streetbeat News

GORO

Gold Resource Corporation

https://www.goldresourcecorp.com

Industry

Gold

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 asset is the 100% owned Back Forty project covering approximately 1,304 hectares located in Menominee county, Michigan. The company was founded in 1998 and is headquartered in Denver, Colorado.

Open

0.17

Mkt cap

17M

Volume

448K

High

0.18

P/E Ratio

-0.37

52-wk high

0.71

Low

0.16

Div yield

N/A

52-wk low

0.12

Gold Resource Corporation (GORO) reported its Q3 2024 financial results, highlighting production and sales figures from its Don David Gold Mine in Mexico. The company produced and sold significant amounts of gold, silver, zinc, copper, and lead, with a working capital of $6.1 million and a cash balance of $1.4 million.

Portfolio Pulse from

November 05, 2024 | 10:30 pm

Gold Resource shares are trading lower following the company's release of preliminary Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 12:10 pm

Tesla shares surged by 10.8% in pre-market trading after reporting better-than-expected Q3 earnings. Several other stocks also showed significant pre-market movements, including CCSC Technology, Mobile-health Network Solutions, and CNS Pharmaceuticals among gainers, while SaverOne 2014 and Gold Resource Corporation were among the losers.

Portfolio Pulse from Avi Kapoor

October 24, 2024 | 10:21 am

Gold Resource Corporation reported a Q3 sale of 3,526 AuEq ounces, highlighting production shortfalls and an urgent need for capital to invest in mining equipment and upgrades.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 8:23 am

HC Wainwright & Co. has maintained its Buy rating on Gold Resource (AMEX:GORO) and raised the price target from $1.5 to $1.75.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:46 am

Gold Resource shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 5:35 pm

Gold Resource (AMEX:GORO) reported Q2 2024 GAAP EPS of $(0.01) and sales of $31.228 million, significantly beating the analyst estimate of $17.649 million. This represents a 25.88% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:54 pm

Anglo American rejected BHP Group's $39B bid, potentially starting a bidding war with Glencore. Gold Resource reported Q1 results with a net loss and detailed production figures. The U.S. Department of Commerce is acting against aluminum dumping, affecting several countries and benefiting Tredegar. Nexa Resources reported a significant quarterly loss but exceeded sales expectations.

Portfolio Pulse from austin@walkonholdings.com

May 03, 2024 | 8:05 pm

Gold Resource (AMEX:GORO) reported Q1 EPS of $(0.05), meeting analyst estimates, with sales of $18.70M surpassing the $15.95M forecast, despite a 40.11% decrease from last year's $31.23M.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 9:14 pm

Gold Resource (NYSE:GORO) reported Q1 sales with significant metal outputs and ongoing efficiency efforts. Worthington Steel (NYSE:WS) was recognized as a partner-level supplier by John Deere (NYSE:DE) for the 12th consecutive year. U.S. Gold (NASDAQ:USAU) announced a $4.9 million direct offering. Ioneer (NASDAQ:IONR) discussed progress at its Rhyolite Ridge lithium site, highlighting its contribution to America's critical minerals supply chain. Kaiser Aluminum (NASDAQ:KALU) declared a quarterly dividend of 77 cents per share.

Portfolio Pulse from Austin DeNoce

April 16, 2024 | 9:01 pm

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