Gold Resource Stock Cash Per Share
| GORO Stock | USD 0.16 0.01 6.67% |
Gold Resource fundamentals help investors to digest information that contributes to Gold Resource's financial success or failures. It also enables traders to predict the movement of Gold Stock. The fundamental analysis module provides a way to measure Gold Resource's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Gold Resource stock.
| Last Reported | Projected for Next Year | ||
| Cash Per Share | 0.07 | 0.07 |
Gold | Cash Per Share |
Gold Resource Company Cash Per Share Analysis
Gold Resource's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current Gold Resource Cash Per Share | 0.38 X |
Most of Gold Resource's fundamental indicators, such as Cash Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Gold Resource is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gold Cash Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Gold Resource is extremely important. It helps to project a fair market value of Gold Stock properly, considering its historical fundamentals such as Cash Per Share. Since Gold Resource's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Gold Resource's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Gold Resource's interrelated accounts and indicators.
Click cells to compare fundamentals
Gold Cash Per Share Historical Pattern
Today, most investors in Gold Resource Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Gold Resource's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Gold Resource cash per share as a starting point in their analysis.
Gold Resource Cash Per Share |
| Timeline |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
| Competition |
Gold Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, Gold Resource has a Cash Per Share of 0.38 times. This is 82.65% lower than that of the Metals & Mining sector and 37.7% lower than that of the Materials industry. The cash per share for all United States stocks is 92.42% higher than that of the company.
Gold Cash Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gold Resource's direct or indirect competition against its Cash Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Gold Resource could also be used in its relative valuation, which is a method of valuing Gold Resource by comparing valuation metrics of similar companies.Gold Resource is currently under evaluation in cash per share category among its peers.
Gold Fundamentals
| Return On Equity | -0.58 | ||||
| Return On Asset | -0.0933 | ||||
| Profit Margin | (0.61) % | ||||
| Operating Margin | (0.83) % | ||||
| Current Valuation | 13.66 M | ||||
| Shares Outstanding | 95.33 M | ||||
| Shares Owned By Insiders | 2.00 % | ||||
| Shares Owned By Institutions | 16.76 % | ||||
| Number Of Shares Shorted | 176.07 K | ||||
| Price To Earning | 12.54 X | ||||
| Price To Book | 0.26 X | ||||
| Price To Sales | 0.20 X | ||||
| Revenue | 97.76 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) | ||||
| Short Ratio | 0.07 X | ||||
| Earnings Per Share | (0.49) X | ||||
| Target Price | 1.5 | ||||
| Number Of Employees | 504 | ||||
| Beta | 1.52 | ||||
| Market Capitalization | 15.01 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 | ||||
| Five Year Return | 1.13 % | ||||
| Net Asset | 183.89 M | ||||
| Last Dividend Paid | 0.01 |
About Gold Resource Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Gold Resource's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gold Resource using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gold Resource based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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
Moving against Gold Stock
| 0.65 | RS | Reliance Steel Aluminum | PairCorr |
| 0.63 | CMC | Commercial Metals | PairCorr |
| 0.55 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.44 | MT | ArcelorMittal SA ADR | PairCorr |
| 0.39 | X | United States Steel | PairCorr |
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 Gold Resource Piotroski F Score and Gold Resource Altman Z Score analysis. To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.