Gold Competitors
| GORO Stock | USD 1.68 0.10 6.33% |
Gold Resource vs Largo Resources Correlation
Very poor diversification
The correlation between Gold Resource and LGO is 0.87 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gold Resource and LGO in the same portfolio, assuming nothing else is changed.
Moving together with Gold Stock
| 0.76 | B | Barrick Mining Symbol Change | PairCorr |
| 0.91 | BP60 | ALMA METALS LTD | PairCorr |
| 0.75 | AA | Alcoa Corp | PairCorr |
| 0.93 | AG | First Majestic Silver Earnings Call This Week | PairCorr |
Moving against Gold Stock
As of the 15th of February 2026, Return On Tangible Assets is likely to drop to -0.37. In addition to that, Return On Capital Employed is likely to drop to -0.21. At this time, Gold Resource's Non Current Assets Total are very stable compared to the past year. As of the 15th of February 2026, Other Assets is likely to grow to about 17.8 M, while Total Assets are likely to drop about 110.7 M.Gold Resource Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Gold Resource and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Gold and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Gold Resource does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Gold Stock performing well and Gold Resource Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Gold Resource's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NAMM | 10.67 | 1.96 | 0.23 | 0.40 | 8.79 | 31.29 | 165.48 | |||
| GRO | 3.99 | 0.41 | 0.10 | 0.26 | 4.31 | 8.81 | 22.72 | |||
| ATLX | 4.68 | 0.10 | 0.03 | 0.12 | 5.64 | 8.01 | 27.79 | |||
| PZG | 4.16 | 1.22 | 0.24 | (2.54) | 3.44 | 13.11 | 33.96 | |||
| NEXM | 3.50 | (0.16) | 0.00 | (0.10) | 0.00 | 8.60 | 21.46 | |||
| FEAM | 4.30 | (1.02) | 0.00 | (1.45) | 0.00 | 8.01 | 41.39 | |||
| FURY | 4.22 | 0.39 | 0.08 | 0.30 | 4.83 | 9.72 | 35.30 | |||
| ORGN | 4.44 | (1.99) | 0.00 | (0.71) | 0.00 | 6.82 | 30.08 | |||
| ALTO | 3.76 | 0.80 | 0.20 | 0.76 | 3.61 | 9.38 | 23.99 | |||
| LGO | 4.47 | 0.33 | 0.09 | 0.15 | 5.26 | 11.31 | 38.51 |
Cross Equities Net Income Analysis
Compare Gold Resource and related stocks such as Namib Minerals Ordinary, Brazil Potash Corp, and Atlas Lithium Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NAMM | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.9 M | 3.6 M | 3.6 M | 4.1 M | 3.5 M |
| GRO | (14.4 M) | (14.4 M) | (14.4 M) | (14.4 M) | (14.4 M) | (14.4 M) | (14.4 M) | (14.4 M) | (25.8 M) | (16.3 M) | (5.1 M) | (5.1 M) | (32.6 M) | (13.2 M) | (46.4 M) | (41.8 M) | (39.7 M) |
| ATLX | (174.5 K) | (174.5 K) | (174.5 K) | (2.2 M) | (3.4 M) | (1.9 M) | (1.6 M) | (1.7 M) | (1.7 M) | (1.9 M) | (1.1 M) | (2.8 M) | (4.9 M) | (40.8 M) | (42.2 M) | (38 M) | (36.1 M) |
| PZG | (4.9 M) | (4.9 M) | (8.5 M) | (5 M) | (5.2 M) | (5.3 M) | (4.3 M) | (6.1 M) | (6 M) | (6.4 M) | (5.9 M) | (7.8 M) | (6.5 M) | (8.1 M) | (9.1 M) | (8.1 M) | (8.6 M) |
| NEXM | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (36.4 M) | (32.4 M) | (42.4 M) | (38.2 M) | (40.1 M) |
| FEAM | (640 K) | (640 K) | (640 K) | (640 K) | (640 K) | (640 K) | (640 K) | (2.2 M) | (2.2 M) | (3.6 M) | (19.3 M) | (66.7 M) | (30.6 M) | (62 M) | (31.6 M) | (28.4 M) | (29.8 M) |
| FURY | 25.0 | (888 K) | (420 K) | (2.1 M) | (1.9 M) | (2.9 M) | (4.3 M) | (36.5 M) | (17.7 M) | (13.9 M) | (11.2 M) | (13.3 M) | 18.4 M | (13 M) | (75.1 M) | (67.6 M) | (64.2 M) |
| ORGN | 7 M | (10.5 M) | (1.4 M) | (2.1 M) | 1.6 M | 1.7 M | (747.6 K) | (479.4 K) | (479.4 K) | (479.4 K) | (30.3 M) | 42.1 M | 78.6 M | 23.8 M | (83.7 M) | (96.3 M) | (91.4 M) |
| ALTO | (2 M) | 3.1 M | (19.1 M) | (781 K) | 21.3 M | (18.8 M) | 1.4 M | (35 M) | (60.3 M) | (88.9 M) | (15.1 M) | 46.1 M | (41.6 M) | (28 M) | (59 M) | (53.1 M) | (50.4 M) |
| LGO | (86.1 K) | (3.8 M) | (25.3 M) | (10.9 M) | (45.1 M) | (93.7 M) | (41.4 M) | (8.3 M) | 232 M | (35 M) | 6.8 M | 22.6 M | (1.5 M) | (30.3 M) | (49.8 M) | (57.3 M) | (54.4 M) |
Gold Resource and related stocks such as Namib Minerals Ordinary, Brazil Potash Corp, and Atlas Lithium Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Gold Resource financial statement analysis. It represents the amount of money remaining after all of Gold Resource operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Gold Resource Competitive Analysis
The better you understand Gold Resource competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Gold Resource's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Gold Resource's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Gold Resource Competition Performance Charts
Five steps to successful analysis of Gold Resource Competition
Gold Resource's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Gold Resource in relation to its competition. Gold Resource's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Gold Resource in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Gold Resource's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Gold Resource, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Gold Resource Correlation with its peers. To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Will Metals & Mining sector continue expanding? Could Gold diversify its offerings? Factors like these will boost the valuation of Gold Resource. Market participants price Gold higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Gold Resource data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.742 | Earnings Share (0.30) | Revenue Per Share | Quarterly Revenue Growth 0.874 | Return On Assets |
Understanding Gold Resource requires distinguishing between market price and book value, where the latter reflects Gold's accounting equity. The concept of intrinsic value - what Gold Resource's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Gold Resource's price substantially above or below its fundamental value.
Please note, there is a significant difference between Gold Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Gold Resource's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.