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Gold Resource Corp. (GORO)
NYSE MKT:GORO
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Gold Resource (GORO) Stock Forecast & Price Target

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GORO Analyst Ratings

Currently, no data available
Based on 0 analysts giving stock ratings to
Gold
Resource
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

GORO Stock 12 Month Forecast

There Are No Analyst Ratings for GORO In The Last 3 Months.
Highest Price TargetAverage Price TargetLowest Price Target
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

GORO Financial Forecast

GORO Earnings Forecast

Next quarter’s earnings estimate for GORO is -$0.05 with a range of -$0.05 to -$0.05. The previous quarter’s EPS was -$0.11. GORO beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 46.74% of the time in the same period. In the last calendar year GORO has Underperformed its overall industry.
Next quarter’s earnings estimate for GORO is -$0.05 with a range of -$0.05 to -$0.05. The previous quarter’s EPS was -$0.11. GORO beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 46.74% of the time in the same period. In the last calendar year GORO has Underperformed its overall industry.

GORO Sales Forecast

Next quarter’s sales forecast for GORO is $16.66M with a range of $16.66M to $16.66M. The previous quarter’s sales results were $12.53M. GORO beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 43.71% of the time in the same period. In the last calendar year GORO has Outperformed its overall industry.
Next quarter’s sales forecast for GORO is $16.66M with a range of $16.66M to $16.66M. The previous quarter’s sales results were $12.53M. GORO beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 43.71% of the time in the same period. In the last calendar year GORO has Outperformed its overall industry.

Detailed List of Analyst Forecasts​

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Analyst Rating
Any
Any
Upside/ Downside
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Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
H.C. Wainwright
$1.5$1.75
Buy
1018.93%
Upside
Reiterated
08/08/24
We also stress that total sales costs remained higher at $24.5M ($27.0M in 2Q23), which ultimately drove the firm’s mine gross loss of $3.6M that exceeded GORO's 2Q23 gross loss of $2.2M. We note that the increased net loss was primarily driven by other expenses totaling $6.3M, which included interest on streaming liabilities and unrealized currency exchange losses. In addition, the firm incurred an income tax provision of $16.5M based on the valuation allowance that was established during the quarter on deferred tax assets for the Mine (DDGM). Looking ahead, we expect GORO to continue strengthening its balance sheet, with management indicating a plan to restore its cash balance by year-end.

Best Analysts Covering Gold Resource

Which Analyst Should I Follow If I Want to Buy GORO and Sell After:
1 Month
xxx
Success Rate
5/11 ratings generated profit
45%
Average Return
-4.12%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 45.45% of your transactions generating a profit, with an average return of -4.12% per trade.
3 Months
xxx
Success Rate
4/11 ratings generated profit
36%
Average Return
-9.89%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 36.36% of your transactions generating a profit, with an average return of -9.89% per trade.
1 Year
Heiko IhleH.C. Wainwright
Success Rate
0/11 ratings generated profit
0%
Average Return
-61.19%
reiterated a buy rating 4 months ago
Copying Heiko Ihle's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -61.19% per trade.
2 Years
xxx
Success Rate
0/11 ratings generated profit
0%
Average Return
-75.05%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 0.00% of your transactions generating a profit, with an average return of -75.05% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

GORO Analyst Recommendation Trends

Rating
Oct 23
Nov 23
Feb 24
Mar 24
Aug 24
Strong Buy
5
5
4
4
3
Buy
0
0
0
0
0
Hold
0
0
0
0
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
5
5
4
4
3
In the current month, GORO has received 3 Buy Ratings, 0 Hold Ratings, and 0 Sell Ratings. GORO average Analyst price target in the past 3 months is .
Each month's total comprises the sum of three months' worth of ratings.
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GORO Stock Forecast FAQ

What is GORO’s average 12-month price target, according to analysts?
Currently, no data Available
What is GORO’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for GORO, based on the analysts’ average price target.
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      Is GORO a Buy, Sell or Hold?
      Currently, no data Available
      What is Gold Resource Corp.’s price target?
      Currently, no data Available
      What do analysts say about Gold Resource Corp.?
      Not enough analysts have published a price target to provide an average price target.
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