Gold Resource Corp (GORO) was one of the Russell 2000's biggest losers for Tuesday January 12 as the stock slid 8.4% to $1.20, a loss of $-0.11 per share. Starting at an opening price of $1.27 a share, the stock traded between $1.18 and $1.30 over the course of the trading day. Volume was 563,495 shares over 1,278 trades, against an average daily volume of 391,633 shares and a total float of 54.18 million.
The losses send Gold Resource Corp down to a market cap of $65.02 million. In the last year, Gold Resource Corp has traded between $3.88 and $1.15, and its 50-day SMA is currently $2.13 and 200-day SMA is $2.59.
The stock has a P/E Ratio of 8.7.
Gold Resource Corp is an exploration stage company engaged in the exploration for and production of gold and silver in Mexico. It is a producer of metal concentrates that contain gold, silver, copper, lead and zinc at its El Aquila Project in Mexico.
Gold Resource Corp is based out of Colorado Springs, CO and has some 11 employees. Its CEO is .
For a complete fundamental analysis analysis of Gold Resource Corp, check out Equities.com’s Stock Valuation Analysis report for GORO. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
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