Gold Resource Corp (GORO) Jumps 5.1% on February 08

Equities Staff |

Gold Resource Corp (GORO) was among the biggest gainers on the Russell 2000 for Monday February 08 as the stock popped 5.1% to $1.65, representing a gain of $0.08 per share. Some 750,782 shares traded hands on 2,115 trades, compared with an average daily volume of 405,261 shares out of a total float of 54.18 million. The stock opened at $1.63 and traded with an intraday range of $1.73 to $1.63.

After today's gains, Gold Resource Corp reached a market cap of $89.4 million. Gold Resource Corp has had a trading range between $3.65 and $1.14 over the last year, and it had a 50-day SMA of $1.77 and a 200-day SMA of $2.41.

The stock has a P/E Ratio of 10.5.

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.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

New Age Farm Inc.

New Age Farm Inc is engaged in the development of the agriculture based business in Langley, British Columbia.

Private Markets

GoCoin

Blockchain currencies (e.g. Bitcoin) provide a new disruptive way to transfer value between parties over the internet as opposed to going through banks. GoCoin provides online merchants with a suite…

Almond Smart Home Router by Securifi

Securifi sells user friendly touch screen routers that also have support for IoT/home automation.Securifi’s Almond revolutionized wireless router setup with its easy to use Touchscreen Interface in 2012. Now our…