Gold Resource Corp ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $0.71 on 04/04/24, while the lowest value for the same period was recorded at $0.12 on 10/31/24.
52-week price history of GORO Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Gold Resource Corp’s current trading price is -43.10% away from its 52-week high, while its distance from the 52-week low is 225.81%. The stock’s price range during the 52-week period has remained between $0.12 and $0.71. In the Basic Materials sector, the company’s shares saw a trading volume of around 2.76 million for the day, which was evidently higher than the average daily volume of 2.62 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Gold Resource Corp (GORO) has experienced a quarterly rise of 0.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 38.56M 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 0.2675, with a change in price of -0.0140. Similarly, Gold Resource Corp recorded 1,852,804 in trading volume during the last 100 days, posting a change of -3.35%.
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 0.91. Similarly, the long-term debt-to-equity ratio is also 0.89.
GORO Stock Stochastic Average
As of today, Gold Resource Corp’s raw stochastic average for the last 50 days stands at 77.59%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 75.04%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 64.98% and 67.93%, respectively.
GORO Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price increase of 75.58%. However, over the past six months, we’ve seen a stronger performance of -10.22%. The price of GORO fallen by 140.48% over the last 30 days. And in the last five days, it has surged by 35.98%.
