NEW YORK (TheStreet) -- Gold Resource (AMEX:GORO) hit a new 52-week high Wednesday as it is currently trading at $30.02, above its previous 52-week high of $29.90 with 133,129 shares traded as of 9:47 a.m. ET. Average volume has been 258,700 shares over the past 30 days.
Gold Resource has a market cap of $1.5 billion and is part of the basic materials sector and metals & mining industry. Shares are down 1.6% year to date as of the close of trading on Tuesday.
Gold Resource Corporation, an exploration stage company, engages in the exploration for and production of gold, silver, precious metals, and base metals, including copper, lead, and zinc primarily in Mexico.
Practice your GORO trading strategies and win cash in our stock game.
TheStreet Ratings rates Gold Resource as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive. You can view the full Gold Resource Ratings Report.
See all 52-week high stocks or get investment ideas from our investment research center.
