Gold Ebit from 2010 to 2024

GORO Stock  USD 0.17  0.02  13.33%   
Gold Resource EBIT yearly trend continues to be very stable with very little volatility. EBIT is likely to grow to about -20.7 M this year. During the period from 2010 to 2024, Gold Resource EBIT quarterly data regression pattern had sample variance of 417.3 T and median of  12,919,000. View All Fundamentals
 
EBIT  
First Reported
2005-06-30
Previous Quarter
-6.3 M
Current Value
-12.9 M
Quarterly Volatility
8.1 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gold Resource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gold Resource's main balance sheet or income statement drivers, such as Interest Expense of 1.4 M, Total Revenue of 101.9 M or Other Operating Expenses of 73.6 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0318 or PTB Ratio of 0.33. Gold financial statements analysis is a perfect complement when working with Gold Resource Valuation or Volatility modules.
  
Check out the analysis of Gold Resource Correlation against competitors.
To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.

Latest Gold Resource's Ebit Growth Pattern

Below is the plot of the Ebit of Gold Resource over the last few years. It is Gold Resource's EBIT historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gold Resource's overall financial position and show how it may be relating to other accounts over time.
Ebit10 Years Trend
Slightly volatile
   Ebit   
       Timeline  

Gold Ebit Regression Statistics

Arithmetic Mean13,028,867
Geometric Mean11,242,762
Coefficient Of Variation156.79
Mean Deviation15,309,057
Median12,919,000
Standard Deviation20,427,501
Sample Variance417.3T
Range71.5M
R-Value(0.64)
Mean Square Error263.6T
R-Squared0.41
Significance0.01
Slope(2,936,670)
Total Sum of Squares5842T

Gold Ebit History

2024-20.7 M
2023-21.8 M
20222.2 M
202117.3 M
2020-648 K
201914.2 M
201819.8 M

Other Fundumenentals of Gold Resource

About Gold Resource Financial Statements

Gold Resource investors utilize fundamental indicators, such as Ebit, to predict how Gold Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
EBIT-21.8 M-20.7 M
EBITDA5.1 M4.9 M
Ebt Per Ebit 1.83  1.92 
Ebit Per Revenue(0.12)(0.13)
When determining whether Gold Resource offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gold Resource's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gold Resource Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gold Resource Stock:
Check out the analysis of Gold Resource Correlation against competitors.
To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gold Resource. If investors know Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gold Resource listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.742
Earnings Share
(0.49)
Revenue Per Share
0.817
Quarterly Revenue Growth
(0.35)
Return On Assets
(0.09)
The market value of Gold Resource is measured differently than its book value, which is the value of Gold that is recorded on the company's balance sheet. Investors also form their own opinion of Gold Resource's value that differs from its market value or its book value, called intrinsic value, which is Gold Resource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gold Resource's market value can be influenced by many factors that don't directly affect Gold Resource's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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. However, Gold Resource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.