Gold Resource Stock Performance
| GORO Stock | USD 0.17 0.02 13.33% |
The company retains a Market Volatility (i.e., Beta) of 2.05, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Gold Resource will likely underperform. At this point, Gold Resource has a negative expected return of -0.42%. Please make sure to check out Gold Resource's maximum drawdown, as well as the relationship between the daily balance of power and relative strength index , to decide if Gold Resource performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Gold Resource has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Dividend Date 2022-12-30 | Ex Dividend Date 2022-12-14 |
1 | Gold is at an all-time high, resource stocks are jumping, so when does the market start to notice - Kitco NEWS | 09/13/2024 |
2 | Insider Trading | 09/16/2024 |
3 | Torex Gold Resources Inc.s Stock Has Seen Strong Momentum Does That Call For Deeper Study Of Its Financial Prospects - Yahoo Finance | 09/19/2024 |
4 | Acquisition by Kimberly Perry of 41666 shares of Gold Resource at 1.95 subject to Rule 16b-3 | 09/27/2024 |
5 | Acquisition by Little Ronald of 41643 shares of Gold Resource subject to Rule 16b-3 | 09/30/2024 |
6 | Acquisition by Palmiere Allen J of 131800 shares of Gold Resource subject to Rule 16b-3 | 10/04/2024 |
7 | Gold Resource Corporation Announces Preliminary Third Quarter and Year-to-Date Results | 10/23/2024 |
8 | Acquisition by Chet Holyoak of 101225 shares of Gold Resource subject to Rule 16b-3 | 11/01/2024 |
9 | Gold Resource Q3 Earnings Snapshot | 11/05/2024 |
10 | Gold Resource earnings missed by 0.06, revenue fell short of estimates | 11/06/2024 |
11 | Prony Resources gears up for nickel production restart at Goro mine | 11/19/2024 |
| Begin Period Cash Flow | 23.7 M |
Gold |
Gold Resource Relative Risk vs. Return Landscape
If you would invest 35.00 in Gold Resource on September 1, 2024 and sell it today you would lose (18.00) from holding Gold Resource or give up 51.43% of portfolio value over 90 days. Gold Resource is currently does not generate positive expected returns and assumes 10.3817% risk (volatility on return distribution) over the 90 days horizon. In different words, 92% of stocks are less volatile than Gold, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Gold Resource Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gold Resource's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Gold Resource, and traders can use it to determine the average amount a Gold Resource's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0405
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| Negative Returns | GORO |
Estimated Market Risk
| 10.38 actual daily | 92 92% of assets are less volatile |
Expected Return
| -0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gold Resource is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Gold Resource by adding Gold Resource to a well-diversified portfolio.
Gold Resource Fundamentals Growth
Gold Stock prices reflect investors' perceptions of the future prospects and financial health of Gold Resource, and Gold Resource fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Gold Stock performance.
| Return On Equity | -0.58 | ||||
| Return On Asset | -0.0933 | ||||
| Profit Margin | (0.61) % | ||||
| Operating Margin | (0.83) % | ||||
| Current Valuation | 15.26 M | ||||
| Shares Outstanding | 95.33 M | ||||
| Price To Earning | 12.54 X | ||||
| Price To Book | 0.29 X | ||||
| Price To Sales | 0.22 X | ||||
| Revenue | 97.73 M | ||||
| Gross Profit | 56.97 M | ||||
| EBITDA | 5.15 M | ||||
| Net Income | (16.02 M) | ||||
| Cash And Equivalents | 33.34 M | ||||
| Cash Per Share | 0.38 X | ||||
| Total Debt | 44.93 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 2.59 X | ||||
| Book Value Per Share | 0.61 X | ||||
| Cash Flow From Operations | (5.22 M) | ||||
| Earnings Per Share | (0.49) X | ||||
| Market Capitalization | 16.51 M | ||||
| Total Asset | 183.89 M | ||||
| Retained Earnings | (8.31 M) | ||||
| Working Capital | 15.17 M | ||||
| Current Asset | 32.62 M | ||||
| Current Liabilities | 14.9 M | ||||
About Gold Resource Performance
By examining Gold Resource's fundamental ratios, stakeholders can obtain critical insights into Gold Resource's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Gold Resource is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 32.92 | 31.28 | |
| Return On Tangible Assets | (0.09) | (0.09) | |
| Return On Capital Employed | (0.07) | (0.07) | |
| Return On Assets | (0.09) | (0.09) | |
| Return On Equity | (0.17) | (0.17) |
Things to note about Gold Resource performance evaluation
Checking the ongoing alerts about Gold Resource for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Gold Resource help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Gold Resource generated a negative expected return over the last 90 days | |
| Gold Resource has high historical volatility and very poor performance | |
| Gold Resource has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 97.73 M. Net Loss for the year was (16.02 M) with profit before overhead, payroll, taxes, and interest of 56.97 M. | |
| Gold Resource currently holds about 33.34 M in cash with (5.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from finance.yahoo.com: Prony Resources gears up for nickel production restart at Goro mine |
- Analyzing Gold Resource's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Gold Resource's stock is overvalued or undervalued compared to its peers.
- Examining Gold Resource's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Gold Resource's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Gold Resource's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Gold Resource's stock. These opinions can provide insight into Gold Resource's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gold Resource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.