Gold Resource Corp experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $0.71 on 04/04/24, while the lowest price for the same period was registered at $0.17 on 10/24/24.
52-week price history of GORO Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Gold Resource Corp’s current trading price is -74.65% away from its 52-week high, while its distance from the 52-week low is 7.91%. The stock’s price range during this period has spanned from $0.17 to $0.71. In the Basic Materials sector, the Gold Resource Corp’s shares surpassed a trading volume of approximately 6.44 million for the day, which was noticeably higher compared to the average daily volume of 9.0.89 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Gold Resource Corp (GORO) has experienced a quarterly decline of -58.81% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 16.83M and boasts a workforce of 488 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3958, with a change in price of -0.2910. Similarly, Gold Resource Corp recorded 803,479 in trading volume during the last 100 days, posting a change of -61.78%.
Examining GORO’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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
Today’s raw stochastic average for Gold Resource Corp over the last 50 days is 3.65%.This indicates a increase from the raw stochastic average of the past 20 days, which was 3.65%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 32.08% and 58.58%, respectively.
GORO Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded a decrease of -52.13%. However, over the last six months, the performance has been stronger by -64.29%. The price of GORO decreased -51.69% over the last 30 days. And in the last five days, it has fallen by -57.12%.
