Is Gold Resource Stock a Good Investment?
Gold Resource Investment Advice | GORO |
- Examine Gold Resource's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Gold Resource's leadership team and their track record. Good management can help Gold Resource navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Metals & Mining space and any emerging trends that could impact Gold Resource's business and its evolving consumer preferences.
- Compare Gold Resource's performance and market position to its competitors. Analyze how Gold Resource is positioned in terms of product offerings, innovation, and market share.
- Check if Gold Resource pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Gold Resource's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Gold Resource stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Gold Resource is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Gold Resource Stock
Researching Gold Resource's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 17.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.26. Some equities with similar Price to Book (P/B) outperform the market in the long run. Gold Resource recorded a loss per share of 0.49. The entity last dividend was issued on the 14th of December 2022.
To determine if Gold Resource is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Gold Resource's research are outlined below:
| 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 97.76 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 |
Gold Resource Quarterly Cash And Short Term Investments |
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Gold Resource uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Gold Resource. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Gold Resource's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Gold Resource's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Gold Resource's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-07-27 | 2022-06-30 | 0.02 | 0.03 | 0.01 | 50 | ||
2020-08-04 | 2020-06-30 | -0.02 | -0.03 | -0.01 | 50 | ||
2019-08-06 | 2019-06-30 | 0.04 | 0.03 | -0.01 | 25 | ||
2023-03-13 | 2022-12-31 | -0.02 | -0.04 | -0.02 | 100 | ||
2012-11-15 | 2012-09-30 | 0.15 | 0.13 | -0.02 | 13 | ||
2011-08-09 | 2011-06-30 | 0.11 | 0.09 | -0.02 | 18 | ||
2023-07-26 | 2023-06-30 | -0.02 | -0.05 | -0.03 | 150 | ||
2015-11-03 | 2015-09-30 | 0.02 | -0.01 | -0.03 | 150 |
Gold Resource's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 15.01 M.Market Cap |
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Gold Resource's profitablity analysis
| Last Reported | Projected for Next Year | ||
| 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) |
Determining Gold Resource's profitability involves analyzing its financial statements and using various financial metrics to determine if Gold Resource is a good buy. For example, gross profit margin measures Gold Resource's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Gold Resource's profitability and make more informed investment decisions.
Evaluate Gold Resource's management efficiency
Gold Resource has return on total asset (ROA) of (0.0933) % which means that it has lost $0.0933 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.5778) %, meaning that it created substantial loss on money invested by shareholders. Gold Resource's management efficiency ratios could be used to measure how well Gold Resource manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Tangible Assets is likely to drop to -0.09. In addition to that, Return On Capital Employed is likely to drop to -0.07. At this time, Gold Resource's Non Current Assets Total are very stable compared to the past year. As of the 26th of November 2024, Non Currrent Assets Other is likely to grow to about 178.5 K, while Total Assets are likely to drop about 107.8 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.09 | 0.98 | |
| Tangible Book Value Per Share | 1.09 | 0.99 | |
| Enterprise Value Over EBITDA | 13.98 | 14.68 | |
| Price Book Value Ratio | 0.34 | 0.33 | |
| Enterprise Value Multiple | 13.98 | 14.68 | |
| Price Fair Value | 0.34 | 0.33 | |
| Enterprise Value | 72 M | 68.4 M |
The strategic initiatives led by Gold Resource's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 1.519 |
Basic technical analysis of Gold Stock
As of the 26th of November, Gold Resource retains the Market Risk Adjusted Performance of (0.32), standard deviation of 10.03, and Risk Adjusted Performance of (0.05). Gold Resource technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Gold Resource's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Gold Resource insiders, such as employees or executives, is commonly permitted as long as it does not rely on Gold Resource's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Gold Resource insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Gold Resource's Outstanding Corporate Bonds
Gold Resource issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Gold Resource uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Gold bonds can be classified according to their maturity, which is the date when Gold Resource has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View |
Understand Gold Resource's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Gold Resource's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.32) | |||
| Mean Deviation | 5.71 | |||
| Coefficient Of Variation | (1,291) | |||
| Standard Deviation | 10.03 | |||
| Variance | 100.54 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (1.08) | |||
| Total Risk Alpha | (2.37) | |||
| Treynor Ratio | (0.33) | |||
| Maximum Drawdown | 83.57 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 15.38 | |||
| Skewness | (2.69) | |||
| Kurtosis | 17.59 |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.32) | |||
| Mean Deviation | 5.71 | |||
| Coefficient Of Variation | (1,291) | |||
| Standard Deviation | 10.03 | |||
| Variance | 100.54 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (1.08) | |||
| Total Risk Alpha | (2.37) | |||
| Treynor Ratio | (0.33) | |||
| Maximum Drawdown | 83.57 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 15.38 | |||
| Skewness | (2.69) | |||
| Kurtosis | 17.59 |
Consider Gold Resource's intraday indicators
Gold Resource intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Gold Resource stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 50454.31 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 0.16 | |||
| Day Typical Price | 0.15 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 35.06 |
Gold Stock media impact
Far too much social signal, news, headlines, and media speculation about Gold Resource that are available to investors today. That information is available publicly through Gold media outlets and privately through word of mouth or via Gold internal channels. However, regardless of the origin, that massive amount of Gold data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Gold Resource news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Gold Resource relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Gold Resource's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Gold Resource alpha.
Gold Resource Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Gold Resource can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Gold Resource Corporate Management
| Alberto Reyes | Chief Officer | Profile | |
| Chet Holyoak | Interim Controller | Profile | |
| Comm BCom | Pres CEO | Profile | |
| Fred PGeo | Resource Geologist | Profile | |
| Steve Donohue | Vice Affairs | Profile | |
| Patrick Frenette | Vice Services | Profile |
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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.
In summary, please note that there is a difference between Gold Resource's value and its price, as these two are different measures arrived at by various 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.