(GORO) Gold Resource - Ratings and Ratios

Gold Resource Corporation (NYSE MKT:GORO) is a precious and base metal exploration, development, and production company with operations in Mexico and the United States. The company primarily focuses on gold and silver projects but also explores for copper, lead, and zinc deposits. Its flagship asset is the 100% owned Donlin Gold mine in Mexico, a significant gold and silver producer. Additionally, the company holds the Back Forty project in Menominee County, Michigan, which covers approximately 1,304 hectares and is known for its copper and zinc deposits. Gold Resource Corporation was incorporated in 1998 and is headquartered in Denver, Colorado. Web URL: https://www.goldresourcecorp.com

The company operates in a competitive sector, leveraging its expertise in mineral exploration and production to identify and develop high-potential projects. Its operations are supported by a team of experienced professionals with a focus on sustainable mining practices. Gold Resource Corporation aims to deliver value to its shareholders through strategic resource allocation and operational efficiency.

From a technical perspective, Gold Resource Corporations stock (GORO) has shown a bearish trend, with the SMA 20 (0.39) trading below the SMA 200 (0.35). The average trading volume over the past 20 days is 2,441,061 shares, with a last price of 0.44. The ATR of 0.05 indicates low volatility. Fundamental analysis highlights a market cap of $53.32 million, a P/B ratio of 0.91, and a negative RoE of -79.06, signaling financial challenges despite its operational assets.

Over the next three months, GORO is expected to remain under pressure due to the negative SMA crossover and weak earnings performance. However, the P/B ratio of 0.91 suggests potential undervaluation, which could attract value investors. The companys forward P/E of 11.06 indicates modest growth expectations, but the negative RoE may deter investors seeking immediate returns. The stocks low ATR of 0.05 points to limited price movement, making it a stable but unexciting investment in the near term.