Gold Resource (NASDAQ:GORO)’s share price dropped 1.9% during mid-day trading on Monday , MarketBeat.Com reports. The stock traded as low as $2.46 and last traded at $2.55, with a volume of 161,759 shares changing hands. The stock had previously closed at $2.60.
Separately, Zacks cut Gold Resource from a “hold” rating to a “sell” rating in a report on Tuesday, September 22nd.
The company has a market cap of $140.87 million and a price-to-earnings ratio of 19.70. The stock has a 50-day moving average price of $2.70 and a 200 day moving average price of $2.73.
Gold Resource (NASDAQ:GORO) last issued its earnings results on Wednesday, August 5th. The mining company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.06 by $0.05. On average, equities analysts anticipate that Gold Resource will post $0.20 earnings per share for the current fiscal year.
The company also recently disclosed a dividend, which will be paid on Monday, November 23rd. Investors of record on Wednesday, November 11th will be given a $0.01 dividend. The ex-dividend date is Friday, November 6th.
Gold Resource Corporation is a mining company. The Firm is engaged in the exploration, creation and evaluation of base and precious metal properties. This is a producer of metal concentrates that contain gold, silver, copper, lead and zinc. The Company has 100% interest in six potential high grade gold and silver properties at Mexico Mining Unit, its creating Oaxaca and investigation properties at its Nevada, America, Mining Component. Its flagship project is the El Aguila Project. The La Arista deposit produces silver and gold, along with the base metals copper, lead and zinc. The mill generation totaled approximately 83,903 oz of precious metal gold equivalent from the The El Aguila Project includes 17 mining concessions aggregating to about 30,074 hectares. The Company’s mineral properties are classified into two categories: Operating Properties and Investigation Properties.
