Gold Resource Corporation (GORO) Receives Average Recommendation of “Strong Buy” from Analysts

Shares of Gold Resource Corporation (NASDAQ:GORO) have been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

Brokerages have set a 12-month consensus price objective of $7.75 for the company, according to Zacks. Zacks has also assigned Gold Resource an industry rank of 93 out of 255 based on the ratings given to related companies.

Separately, HC Wainwright reissued a “buy” rating on shares of Gold Resource in a research report on Monday, March 25th.

NASDAQ GORO opened at $3.93 on Friday. Gold Resource has a 12 month low of $3.61 and a 12 month high of $7.33.

Gold Resource (NASDAQ:GORO) last posted its earnings results on Tuesday, February 26th. The company reported $0.01 EPS for the quarter. The company had revenue of $28.13 million during the quarter.

Gold Resource Company Profile

Gold Resource Corporation explores for, develops, produces, and sells gold and silver in Mexico and the United States. It also explores for copper, lead, and zinc. The company's flagship property is the Aguila project comprising 18 mining concessions aggregating approximately 25,264 hectares located in the State of Oaxaca, Mexico.

Further Reading: Quiet Period Expirations

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