Gold Operating Income from 2010 to 2024

GORO Stock  USD 0.17  0.02  13.33%   
Gold Resource Operating Income yearly trend continues to be very stable with very little volatility. Operating Income is likely to grow to about -11.3 M this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Gold Resource generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2005-03-31
Previous Quarter
-6 M
Current Value
-11.1 M
Quarterly Volatility
7.3 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 Operating Income Growth Pattern

Below is the plot of the Operating Income of Gold Resource over the last few years. Operating Income is the amount of profit realized from Gold Resource operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Gold Resource is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Gold Resource's Operating Income 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.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Gold Operating Income Regression Statistics

Arithmetic Mean15,410,887
Geometric Mean10,749,967
Coefficient Of Variation121.27
Mean Deviation14,833,557
Median12,919,000
Standard Deviation18,688,235
Sample Variance349.3T
Range61.6M
R-Value(0.55)
Mean Square Error261.1T
R-Squared0.31
Significance0.03
Slope(2,311,077)
Total Sum of Squares4889.5T

Gold Operating Income History

2024-11.3 M
2023-11.9 M
20225.7 M
202129 M
2020-248 K
201914.2 M
201818.2 M

Other Fundumenentals of Gold Resource

Gold Resource Operating Income component correlations

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0.850.230.140.430.760.30.440.580.660.210.52-0.580.70.250.130.5-0.64-0.27-0.35-0.580.5-0.270.07
0.120.23-0.10.210.02-0.010.0-0.010.09-0.390.1-0.190.10.17-0.18-0.1-0.35-0.21-0.07-0.11-0.060.03-0.04
0.380.14-0.10.630.590.51-0.510.070.32-0.450.63-0.090.490.250.170.5-0.3-0.370.11-0.480.19-0.370.46
0.360.430.210.630.690.06-0.360.260.29-0.550.37-0.070.470.28-0.160.52-0.65-0.33-0.46-0.520.34-0.030.02
0.790.760.020.590.690.460.040.390.68-0.080.69-0.540.70.160.080.72-0.6-0.46-0.28-0.720.37-0.350.3
0.680.3-0.010.510.060.460.18-0.030.720.150.86-0.670.470.120.210.6-0.19-0.690.46-0.39-0.2-0.460.89
0.40.440.0-0.51-0.360.040.180.240.260.86-0.07-0.43-0.05-0.02-0.04-0.010.02-0.11-0.020.230.140.25-0.08
0.370.58-0.010.070.260.39-0.030.240.080.270.150.030.620.070.480.3-0.18-0.27-0.24-0.10.78-0.11-0.26
0.880.660.090.320.290.680.720.260.080.130.75-0.850.510.27-0.060.67-0.54-0.60.18-0.58-0.13-0.40.73
0.250.21-0.39-0.45-0.55-0.080.150.860.270.13-0.14-0.27-0.09-0.080.16-0.030.33-0.010.060.310.170.21-0.05
0.730.520.10.630.370.690.86-0.070.150.75-0.14-0.650.770.230.30.78-0.43-0.640.15-0.74-0.04-0.640.77
-0.7-0.58-0.19-0.09-0.07-0.54-0.67-0.430.03-0.85-0.27-0.65-0.27-0.240.24-0.530.510.53-0.090.540.320.23-0.6
0.70.70.10.490.470.70.47-0.050.620.51-0.090.77-0.270.120.650.7-0.31-0.45-0.16-0.650.51-0.60.32
0.220.250.170.250.280.160.12-0.020.070.27-0.080.23-0.240.12-0.240.22-0.43-0.140.0-0.110.04-0.240.09
0.180.13-0.180.17-0.160.080.21-0.040.48-0.060.160.30.240.65-0.240.240.47-0.080.09-0.140.49-0.470.09
0.620.5-0.10.50.520.720.6-0.010.30.67-0.030.78-0.530.70.220.24-0.33-0.75-0.07-0.570.08-0.520.54
-0.51-0.64-0.35-0.3-0.65-0.6-0.190.02-0.18-0.540.33-0.430.51-0.31-0.430.47-0.330.240.250.53-0.060.14-0.14
-0.51-0.27-0.21-0.37-0.33-0.46-0.69-0.11-0.27-0.6-0.01-0.640.53-0.45-0.14-0.08-0.750.24-0.330.190.110.29-0.64
0.02-0.35-0.070.11-0.46-0.280.46-0.02-0.240.180.060.15-0.09-0.160.00.09-0.070.25-0.330.36-0.4-0.360.57
-0.56-0.58-0.11-0.48-0.52-0.72-0.390.23-0.1-0.580.31-0.740.54-0.65-0.11-0.14-0.570.530.190.36-0.010.36-0.37
0.290.5-0.060.190.340.37-0.20.140.78-0.130.17-0.040.320.510.040.490.08-0.060.11-0.4-0.01-0.06-0.48
-0.36-0.270.03-0.37-0.03-0.35-0.460.25-0.11-0.40.21-0.640.23-0.6-0.24-0.47-0.520.140.29-0.360.36-0.06-0.45
0.510.07-0.040.460.020.30.89-0.08-0.260.73-0.050.77-0.60.320.090.090.54-0.14-0.640.57-0.37-0.48-0.45
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About Gold Resource Financial Statements

Gold Resource investors utilize fundamental indicators, such as Operating Income, 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
Operating Income-11.9 M-11.3 M
Non Operating Income Net Other-3.9 M-3.7 M
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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.