Gold Resource Corp’s stock has had a calm market performance. The 1-year high for the company’s stock was $0.71 on 04/04/24, and the lowest price during the same period was recorded at $0.22 on 01/31/24.
52-week price history of GORO Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Gold Resource Corp’s current trading price is -28.17% away from its 52-week high, while its distance from the 52-week low is 136.88%. The stock’s price range during this period has fluctuated between $0.22 and $0.71. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 1.85 million for the day, which was evidently higher than the average daily volume of 0.55 million over the last three months.
Financial Performance and Market Capitalization
Gold Resource Corp (GORO) has experienced a quarterly rise of 13.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 47.70M and boasts a workforce of 488 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4015, with a change in price of +0.0341. Similarly, Gold Resource Corp recorded 541,930 in trading volume during the last 100 days, posting a change of +7.17%.
GORO Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for GORO stands at 0.75. Similarly, the long-term debt-to-equity ratio is also 0.75.
GORO Stock Stochastic Average
The raw stochastic average for Gold Resource Corp over the last 50 days is presently at 100.00%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 100.00%. Further, the company’s Stochastic %K and %D values for the last 20 days were 72.49% and 62.98%, respectively.
GORO Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price gain of 35.64% this year. Over the last six months, there has been a weaker performance of 2.02%. The price of GORO fallen by 56.01% during the last 30 days period. For the last 5-days stocks have improved 21.26%.
