(GORO) Gold Resource - Overview
Stock: Gold, Silver, Copper, Lead, Zinc
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 141% |
| Relative Tail Risk | -20.6% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.94 |
| Alpha | 390.57 |
| Character TTM | |
|---|---|
| Beta | -0.261 |
| Beta Downside | -0.590 |
| Drawdowns 3y | |
|---|---|
| Max DD | 92.39% |
| CAGR/Max DD | -0.01 |
Description: GORO Gold Resource December 22, 2025
Gold Resource Corporation (NYSE MKT: GORO) focuses on the exploration, development, and production of gold and silver, with ancillary projects targeting copper, lead, and zinc. The firm owns 100 % of the Don David gold-silver complex in Oaxaca, Mexico-comprising two production-stage and four exploration-stage assets across roughly 55,119 ha-and 100 % of the Back Forty copper-zinc-lead prospect in Menominee County, Michigan (≈1,304 ha). Incorporated in 1998, the company is headquartered in Denver, Colorado.
Key sector drivers that could affect GORO’s upside include: (1) the current gold price trend, which has averaged $1,950 per ounce over the past 12 months, providing a strong revenue tailwind for any operating mines; (2) Mexico’s mining-friendly reforms, which have reduced permitting times by an estimated 30 % year-over-year, potentially accelerating Don David’s transition from exploration to production; and (3) the U.S. Midwest’s growing interest in domestic base-metal supply chains, which may enhance the strategic value of the Back Forty project amid tightening copper and zinc demand. These factors are based on publicly available market data as of Q3 2024; actual outcomes will depend on execution risk and regulatory approvals.
For a deeper, data-driven assessment of GORO’s valuation and peer metrics, consult the analysis on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 1.0
| Net Income: -38.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.08 > 0.02 and ΔFCF/TA -1.85 > 1.0 |
| NWC/Revenue: 21.02% < 20% (prev 8.34%; Δ 12.68% < -1%) |
| CFO/TA 0.00 > 3% & CFO 110.0k > Net Income -38.7m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.70 > 1.5 & < 3 |
| Outstanding Shares: last quarter (142.9m) vs 12m ago 53.20% < -2% |
| Gross Margin: -13.63% > 18% (prev -0.29%; Δ -1335 % > 0.5%) |
| Asset Turnover: 38.17% > 50% (prev 46.99%; Δ -8.81% > 0%) |
| Interest Coverage Ratio: -1.20 > 6 (EBITDA TTM -14.1m / Interest Expense TTM 19.1m) |
Altman Z'' -3.36
| A: 0.08 (Total Current Assets 31.2m - Total Current Liabilities 18.4m) / Total Assets 164.3m |
| B: -0.64 (Retained Earnings -105.5m / Total Assets 164.3m) |
| C: -0.14 (EBIT TTM -23.0m / Avg Total Assets 159.9m) |
| D: -0.77 (Book Value of Equity -106.5m / Total Liabilities 138.4m) |
| Altman-Z'' Score: -3.36 = D |
Beneish M -2.31
| DSRI: 2.86 (Receivables 12.9m/5.41m, Revenue 61.0m/73.0m) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 0.24 (AQ_t 0.00 / AQ_t-1 0.02) |
| SGI: 0.84 (Revenue 61.0m / 73.0m) |
| TATA: -0.24 (NI -38.7m - CFO 110.0k) / TA 164.3m) |
| Beneish M-Score: -2.31 (Cap -4..+1) = BBB |
What is the price of GORO shares?
Over the past week, the price has changed by +18.66%, over one month by +67.37%, over three months by +137.31% and over the past year by +425.27%.
Is GORO a buy, sell or hold?
- StrongBuy: 0
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the GORO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 1.3 | -21.4% |
| Analysts Target Price | 1.3 | -21.4% |
| ValueRay Target Price | 1.9 | 22% |
GORO Fundamental Data Overview February 03, 2026
P/S = 3.5307
P/B = 8.9776
Revenue TTM = 61.0m USD
EBIT TTM = -23.0m USD
EBITDA TTM = -14.1m USD
Long Term Debt = 5.74m USD (from longTermDebt, two quarters ago)
Short Term Debt = 169.0k USD (from shortTermDebt, two quarters ago)
Debt = 74.4m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -9.80m USD (from netDebt column, last quarter)
Enterprise Value = 183.2m USD (118.6m + Debt 74.4m - CCE 9.80m)
Interest Coverage Ratio = -1.20 (Ebit TTM -23.0m / Interest Expense TTM 19.1m)
EV/FCF = -14.29x (Enterprise Value 183.2m / FCF TTM -12.8m)
FCF Yield = -7.00% (FCF TTM -12.8m / Enterprise Value 183.2m)
FCF Margin = -21.01% (FCF TTM -12.8m / Revenue TTM 61.0m)
Net Margin = -63.43% (Net Income TTM -38.7m / Revenue TTM 61.0m)
Gross Margin = -13.63% ((Revenue TTM 61.0m - Cost of Revenue TTM 69.4m) / Revenue TTM)
Gross Margin QoQ = 20.13% (prev -46.16%)
Tobins Q-Ratio = 1.11 (Enterprise Value 183.2m / Total Assets 164.3m)
Interest Expense / Debt = 5.90% (Interest Expense 4.39m / Debt 74.4m)
Taxrate = 21.0% (US default 21%)
NOPAT = -18.2m (EBIT -23.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.70 (Total Current Assets 31.2m / Total Current Liabilities 18.4m)
Debt / Equity = 2.87 (Debt 74.4m / totalStockholderEquity, last quarter 26.0m)
Debt / EBITDA = 0.70 (negative EBITDA) (Net Debt -9.80m / EBITDA -14.1m)
Debt / FCF = 0.76 (negative FCF - burning cash) (Net Debt -9.80m / FCF TTM -12.8m)
Total Stockholder Equity = 24.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -24.21% (Net Income -38.7m / Total Assets 164.3m)
RoE = -159.7% (Net Income TTM -38.7m / Total Stockholder Equity 24.2m)
RoCE = -76.71% (EBIT -23.0m / Capital Employed (Equity 24.2m + L.T.Debt 5.74m))
RoIC = -70.77% (negative operating profit) (NOPAT -18.2m / Invested Capital 25.7m)
WACC = 4.84% (E(118.6m)/V(193.0m) * Re(4.95%) + D(74.4m)/V(193.0m) * Rd(5.90%) * (1-Tc(0.21)))
Discount Rate = 4.95% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 27.07%
Fair Price DCF = unknown (Cash Flow -12.8m)
EPS Correlation: -42.09 | EPS CAGR: -2.47% | SUE: 0.0 | # QB: 0
Revenue Correlation: -83.77 | Revenue CAGR: -10.45% | SUE: 2.29 | # QB: 1
EPS next Year (2026-12-31): EPS=0.04 | Chg30d=N/A | Revisions Net=+0 | Growth EPS=+120.0% | Growth Revenue=+86.0%