Gold Net Income Per Share from 2010 to 2026
| GORO Stock | USD 1.58 0.06 3.66% |
Net Loss | First Reported 2010-12-31 | Previous Quarter (0.55) | Current Value (0.53) | Quarterly Volatility 0.42484547 |
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 16 M, Total Revenue of 99.1 M or Other Operating Expenses of 73.7 M, as well as many indicators such as Price To Sales Ratio of 0.36, Dividend Yield of 0.0318 or PTB Ratio of 0.85. Gold financial statements analysis is a perfect complement when working with Gold Resource Valuation or Volatility modules.
Gold | Net Income Per Share | Build AI portfolio with Gold Stock |
Evaluating Gold Resource's Net Income Per Share across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Gold Resource's fundamental strength.
Latest Gold Resource's Net Income Per Share Growth Pattern
Below is the plot of the Net Income Per Share of Gold Resource over the last few years. It is Gold Resource's Net Loss 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.
| Net Income Per Share | 10 Years Trend |
|
Net Income Per Share |
| Timeline |
Gold Net Income Per Share Regression Statistics
| Arithmetic Mean | 0.03 | |
| Coefficient Of Variation | 1,681 | |
| Mean Deviation | 0.28 | |
| Median | 0.06 | |
| Standard Deviation | 0.42 | |
| Sample Variance | 0.18 | |
| Range | 1.7494 | |
| R-Value | (0.76) | |
| Mean Square Error | 0.08 | |
| R-Squared | 0.57 | |
| Significance | 0.0004 | |
| Slope | (0.06) | |
| Total Sum of Squares | 2.89 |
Gold Net Income Per Share History
About Gold Resource Financial Statements
Gold Resource investors utilize fundamental indicators, such as Net Income Per Share, 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 Reported | Projected for Next Year | ||
| Net Loss | (0.55) | (0.53) |
Pair Trading with Gold Resource
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gold Resource position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gold Resource will appreciate offsetting losses from the drop in the long position's value.Moving together with Gold Stock
| 0.74 | B | Barrick Mining Symbol Change | PairCorr |
| 0.91 | BP60 | ALMA METALS LTD | PairCorr |
| 0.73 | AA | Alcoa Corp | PairCorr |
| 0.91 | AG | First Majestic Silver Earnings Call This Week | PairCorr |
Moving against Gold Stock
The ability to find closely correlated positions to Gold Resource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gold Resource when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gold Resource - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gold Resource to buy it.
The correlation of Gold Resource is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gold Resource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gold Resource moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gold Resource can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.