Worth Watching Stock for Traders: Gold Resource Corporation (NYSE:GORO)

Earnings News

Gold Resource Corporation (NYSE:GORO) stock observed trading -31.79% off 52-week high price. On the other end, the stock has been noted 42.05% away from low price over the last 52-weeks. The stock disclosed a move of -10.51% away from 50 day moving average and -4.35% away from 200 day moving average. Moving closer, we can see that shares have been trading -1.76% off 20-day moving average. It has market cap of $291.4M and dividend yield of 0.40%.

Gold Resource Corporation (NYSE:GORO) declared its monthly instituted dividend of 1/6 of a cent per common share for September 2018 payable on October 23, 2018 to shareholders of record as of October 11, 2018. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA.

The Company has returned $111 million to its shareholders in monthly dividends since commercial production commenced July 1, 2010 and offers its shareholders the option to convert their cash dividends and take delivery in physical gold and silver. For more information on Gold Resource Corporation’s physical dividend program, visit the Company website.

Dividends may vary in amount and consistency or be discontinued at the Board of Directors’ discretion depending on variables including but not limited to operational cash flows, Company development requirements and strategies, construction, spot gold and silver prices, taxation, general market conditions and other factors described in the Cautionary Statements below and the Company’s public filings with the U.S. Securities and Exchange Commission.

The USA based company Gold Resource Corporation moved with change of -2.15% to $5 with the total traded volume of 287078 shares in recent session versus to an average volume of 417.08K. The stock was observed in the 5 days activity at -3.10%. The one month performance of stock was -5.30%. GORO’s shares are at -24.47% for the quarter and driving a 31.23% return over the course of the past year and is now at 13.64% since this point in 2018. Right now the stock beta is 0.62. The average volatility for the week and month was at 3.58% and 3.86% respectively. There are 58.28M shares outstanding and 55.3M shares are floated in market.

Thomas Lizotte is a self-taught investor and follows the value investing approach to picking stocks. He possesses over 10 years of investment experience, an M.B.A. from Louisiana State University, and is also certified in Risk Management Assurance. Thomas is a Certified Internal Auditor, Data Miner, and author with a career broadly spanning over multiple business areas. He has exploited those observations and developed investment tactics within a fundamentally sound long-term investment strategy. He currently covers Earnings News category for our site.

 

Email: Thomas@mosttradedstocks.com 

Leave a Reply