Keep Your Eyes on This Stock: Gold Resource Corporation (NYSE American: GORO)

Gold Resource Corporation (NYSE American: GORO) stock observed trading -45.49% off 52-week high price. On the other end, the stock has been noted 37.36% away from low price over the last 52-weeks. The stock disclosed a move of 16.98% away from 50 day moving average and -5.98% away from 200 day moving average. Moving closer, we can see that shares have been trading 8.82% off 20-day moving average. It has market cap of $230.89M and dividend yield of 0.53%.

On July 25, 2019, Gold Resource Corporation (NYSE American: GORO) declares its monthly instituted dividend of 1/6 of a cent per common share for July 2019 payable on August 23, 2019 to shareholders of record as of August 12, 2019.  Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA.

The Company has returned $112 million to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

 

Dividends may vary in amount and consistency or be discontinued at the Board of Directors’ discretion depending on variables including but not limited to operational cash flows, Company development requirements and strategies, construction, spot gold and silver prices, taxation, general market conditions and other factors described in the Cautionary Statements below and the Company’s public filings with the U.S. Securities and Exchange Commission.

About GRC:

Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA.  The Company targets low capital expenditure projects with potential for generating high returns on capital.  The Company has returned $112 million back to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.  For more information, please visit GRC’s website, located at www.goldresourcecorp.com and read the Company’s 10-K for an understanding of the risk factors involved.

The USA based company Gold Resource Corporation moved with change of 1.35% to $3.75 with the total traded volume of 787143 shares in recent session versus to an average volume of 799.37K. The stock was observed in the 5 days activity at 2.18%.The one month performance of stock was 12.95%. GORO’s shares are at -2.09% for the quarter and driving a -45.41% return over the course of the past year and is now at -6.25% since this point in 2018.Right now the stock beta is 1.09. The average volatility for the week and month was at 5.92% and 5.38% respectively. There are 61.57M shares outstanding and 60.32M shares are floated in market.

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