Gold Resource CorpGORO
Market Cap: 39.9M
About: Gold Resource Corp is a gold and silver producer, developer, and explorer with operations in Oaxaca, Mexico, and Nevada, USA. It targets low capital expenditure projects with the potential for generating high returns on capital. The company's two pipeline projects are; Don David Gold at Oaxaca, Mexico, and Back Forty at Michigan, United States of America.
Employees: 488
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
34% more capital invested
Capital invested by funds: $6.08M [Q4 2023] → $8.16M (+$2.08M) [Q1 2024]
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2% more funds holding
Funds holding: 57 [Q4 2023] → 58 (+1) [Q1 2024]
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
1.02% less ownership
Funds ownership: 18.23% [Q4 2023] → 17.22% (-1.02%) [Q1 2024]
Research analyst outlook
1 Wall Street Analyst provided 1 year price forecasts over the past 6 months
1 analyst rating
HC Wainwright & Co. Heiko Ihle | 242%upside $1.5 | Buy Maintained | 15 Mar 2024 |