Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Gold Resource Corp’s current trading price is -37.99% away from its 52-week high, while its distance from the 52-week low is 255.08%. The stock’s price range during this period has varied between $0.12 and $0.71. The company, active in the Basic Materials sector, saw a trading volume of around 0.79 million for the day, considerably lower average daily volume of 2.61 million observed over the last three months.
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 $0.12 on 10/31/24.
How Financial Performance Impacts Market Capitalization
Gold Resource Corp (GORO) has experienced a quarterly rise of 154.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 42.03M and boasts a workforce of 488 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.2788, with a change in price of +0.1083. Similarly, Gold Resource Corp recorded 2,503,945 in trading volume during the last 100 days, posting a change of +32.62%.
How GORO’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation 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
As of today, the raw stochastic average of Gold Resource Corp over the past 50 days is 84.91%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 75.53%. Additionally, the Stochastic %K and %D values for the company were 85.31% and 90.10%, respectively, over the past 20 days.
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. The index has shown a price gain of 91.35% this year. Over the last six months, there has been a weaker performance of 16.70%. The price of GORO fallen by 23.30% during the last 30 days period. For the last 5-days stocks have slided -6.32%.
