Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Gold Resource Corp’s current trading price is -68.73% away from its 52-week high, while its distance from the 52-week low is 79.03%. The stock’s price range over this period has fluctuated between $0.12 and $0.71. The company, operating within the financial sector, had a trading volume of approximately 1.2 million for the day, which was noticeably lower than the average daily share volume of 2.02 million over the last 3 months.
Gold Resource Corp experienced a rather shaky stock market performance. The highest value in the past year was recorded at $0.71 on 04/04/24 and the lowest value was $0.12 on 10/31/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Gold Resource Corp (GORO) has experienced a quarterly decline of -35.84% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.16M and boasts a workforce of 488 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.2768, with a change in price of -0.1480. Similarly, Gold Resource Corp recorded 1,502,260 in trading volume during the last 100 days, posting a change of -40.00%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for GORO stands at 0.91. Similarly, the long-term debt-to-equity ratio is also 0.89.
GORO Stock Stochastic Average
Today, Gold Resource Corp’s raw stochastic average for the past 50 days stands at 24.21%, indicating a decline from the raw stochastic average of the last 20 days, which was 50.66%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 54.83% and 56.55% respectively.
GORO Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -3.52% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -45.39%. Over the past 30 days, the price of GORO has fallen by 27.51%. And in the last five days, it has surged by 1.88%.
