GORO - Watch for Continued Losses in Shares of Gold Resource Corporation (GORO)
Shares of Gold Resource Corporation (NYSE American:GORO) traded today at $2.27, breaking its 52-week low. So far today approximately 422,000 shares have been exchanged, as compared to an average 30-day volume of 1.3 million shares.
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 potential for generating high returns on capital. The Company offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
In the past 52 weeks, shares of Gold Resource Corporation have traded between the current low of $2.27 and a high of $5.04 and is now at $2.30.
Gold Resource Corporation (NYSE American:GORO) defies analysts with a current price ($2.30) 55.6% above its average consensus price target of $1.02.
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