-2.04%
62.97%
202.42%
-16.29%
59.17%
-77.13%
-93.18%
AI Spotlight on GORO
Company Description
Gold Resource Corporation engages in the exploration, development, and production of gold and silver projects in Mexico and the United States.The company also explores for copper, lead, and zinc deposits.Its principal asset is the 100% owned Back Forty project covering approximately 1,304 hectares located in Menominee county, Michigan.
The company was founded in 1998 and is headquartered in Denver, Colorado.
Market Data
| Last Price | 0.38 |
| Change Percentage | -2.04% |
| Open | 0.38 |
| Previous Close | 0.38 |
| Market Cap ( Millions) | 36 |
| Volume | 157897 |
| Year High | 0.71 |
| Year Low | 0.12 |
| M A 50 | 0.24 |
| M A 200 | 0.36 |
Financial Ratios
| FCF Yield | -25.87% |
| Dividend Yield | 0.00% |
| ROE | -57.75% |
| Debt / Equity | 0.00% |
| Net Debt / EBIDTA | 26.20% |
| Price To Book | 0.61 |
| Price Earnings Ratio | -0.77 |
| Price To FCF | -3.87 |
| Price To sales | 0.49 |
| EV / EBITDA | -6.67 |
News
- Jan -21 - Gold Resource Corporation Closes $2.5 Million Registered Direct Offering
- Jan -07 - Gold Resource Corporation Announces $2.5 Million Registered Direct Offering
- Dec -02 - Gold Resource Corporation Liquidity Update
- Nov -05 - Gold Resource Corporation Reports Financial Results for the Third Quarter of 2024
- Oct -23 - Gold Resource Corporation Announces Preliminary Third Quarter and Year-to-Date Results
- Aug -10 - Gold Resource Corporation (GORO) Q2 2024 Earnings Call Transcript
- Aug -06 - Gold Resource Corporation Reports Financial Results for the Second Quarter of 2024
- Jul -30 - Gold Resource Corporation Announces Q2 2024 Conference Call
- May -27 - 3 Penny Stocks That Could Turn Your $1 Into a Windfall
- May -03 - Gold Resource Corporation (GORO) Q1 2024 Earnings Call Transcript
- May -02 - Gold Resource Corporation Reports Financial Results for the First Quarter 2024
- Apr -30 - Gold Resource Corporation Will Reschedule Release of Its First Quarter 2024 Results
- Apr -16 - Gold Resource Corporation Announces Preliminary First Quarter Production Results
- Apr -16 - Gold Resource Corporation Announces Preliminary First Quarter Production Results
- Apr -11 - 7 Penny Stocks if You Believe Lady Luck's on Your Side
- Mar -14 - Gold Resource Corporation (GORO) Q4 2023 Earnings Call Transcript
- Mar -13 - Gold Resource Corporation Reports Results of Operations for the Year Ended December 31, 2023
- Mar -13 - Gold Resource Corporation Reports Results of Operations for the Year Ended December 31, 2023
- Jan -30 - Gold Resource Corporation Announces Preliminary Fourth Quarter and Year-End Results
- Dec -11 - Gold Resource Corporation Reports High Grade Drill Results at the Don David Gold Mine
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Concentrate - Gold
Expected Growth : 15 %
What the company do ?
Concentrate - Gold from Gold Resource Corporation is a high-quality gold concentrate produced from the Company's mining operations, containing a minimum of 80% gold content.
Why we expect these perspectives ?
Gold Resource Corporation's Concentrate - Gold segment is driven by increasing gold prices, rising production volumes, and improved operational efficiencies. The 15% growth rate is also fueled by the company's successful exploration and development of new gold deposits, as well as its strategic acquisitions and partnerships.
Segment n°2 -> Concentrate - Zinc
Expected Growth : 12 %
What the company do ?
Concentrate - Zinc from Gold Resource Corporation is a zinc-rich concentrate produced as a by-product of gold mining, containing 45-50% zinc.
Why we expect these perspectives ?
Gold Resource Corporation's Concentrate - Zinc segment growth is driven by increasing zinc demand from the galvanizing and die-casting industries, coupled with the company's expansion into new mining projects and exploration activities. Additionally, the segment benefits from the rising zinc prices and the company's cost-saving initiatives, resulting in a 12% growth rate.
Segment n°3 -> Concentrate - Silver
Expected Growth : 13 %
What the company do ?
Concentrate - Silver from Gold Resource Corporation is a by-product of gold mining, containing high silver content, sold to smelters for refining.
Why we expect these perspectives ?
Gold Resource Corporation's Concentrate - Silver growth is driven by increasing silver prices, rising production volumes, and improved operational efficiency. The company's focus on exploration and development of new projects, coupled with its cost-reduction initiatives, has also contributed to the 13% growth. Additionally, strong demand from industrial and jewelry sectors has supported silver prices, further boosting growth.
Segment n°4 -> Concentrate - Treatment and Refining Charges
Expected Growth : 10 %
What the company do ?
Concentrate Treatment and Refining Charges from Gold Resource Corporation refer to the costs associated with processing and refining gold concentrates to produce pure gold.
Why we expect these perspectives ?
Gold Resource Corporation's 10% growth in Concentrate - Treatment and Refining Charges is driven by increasing gold production, higher gold prices, and improved metallurgical recoveries. Additionally, the company's focus on optimizing its processing plant and reducing operating costs has contributed to the growth. Furthermore, the expansion of its mining operations and exploration activities have also supported the increase in treatment and refining charges.
Segment n°5 -> Concentrate - Copper
Expected Growth : 14 %
What the company do ?
Concentrate - Copper from Gold Resource Corporation refers to the copper-rich concentrate produced as a by-product of gold mining operations.
Why we expect these perspectives ?
Gold Resource Corporation's Concentrate - Copper segment growth is driven by increasing copper prices, rising demand from electric vehicle and renewable energy industries, and strategic expansion into new mining projects, leveraging the company's existing infrastructure and expertise.
Segment n°6 -> Concentrate - Lead
Expected Growth : 11 %
What the company do ?
Concentrate - Lead from Gold Resource Corporation refers to the processing of gold ore to produce a lead concentrate, a valuable by-product containing lead and other metals.
Why we expect these perspectives ?
Gold Resource Corporation's Concentrate - Lead segment growth is driven by increasing gold prices, rising production volumes, and improved operational efficiencies. Additionally, strategic acquisitions and exploration activities are expected to contribute to the 11% growth rate.
Segment n°7 -> Dore - Gold
Expected Growth : 16 %
What the company do ?
The Dore-Gold from Gold Resource Corporation is a type of gold doré bar, a semi-pure alloy of gold and silver, produced as an intermediate step in gold mining and refining.
Why we expect these perspectives ?
Dore - Gold from Gold Resource Corporation's 16% growth driven by increasing gold prices, rising production volumes, and improved operational efficiencies. Additionally, the company's focus on exploration and development of new projects, coupled with its strong balance sheet and low debt levels, support its growth momentum.
Segment n°8 -> Unrealized Gain (Loss) - Embedded Derivative, Net
Expected Growth : 8 %
What the company do ?
Unrealized Gain (Loss) - Embedded Derivative, Net from Gold Resource Corporation represents the change in value of embedded derivatives in the company's debt or equity instruments.
Why we expect these perspectives ?
Unrealized Gain (Loss) - Embedded Derivative growth of 8% from Gold Resource Corporation is driven by increasing gold prices, favorable hedge positions, and effective risk management strategies. Additionally, the company's focus on optimizing its mining operations and reducing costs has contributed to the growth.
Segment n°9 -> Realized Gain Embedded Derivative, Net
Expected Growth : 9 %
What the company do ?
Realized Gain Embedded Derivative, Net from Gold Resource Corporation refers to the profit made from the sale of embedded derivatives, such as options or warrants, in Gold Resource Corporation's investments.
Why we expect these perspectives ?
Realized Gain Embedded Derivative growth of 9% from Gold Resource Corporation is driven by increasing gold prices, successful hedging strategies, and favorable currency exchange rates. Additionally, improved operational efficiency, reduced costs, and strategic asset optimization contribute to the growth.
Segment n°10 -> Dore - Silver
Expected Growth : 15 %
What the company do ?
Dore-Silver from Gold Resource Corporation refers to a type of unrefined silver product containing a minimum of 99.9% silver, produced as a by-product of gold mining.
Why we expect these perspectives ?
Dore - Silver from Gold Resource Corporation's 15% growth driven by increasing silver prices, rising production volumes, and improved operational efficiencies. Additionally, exploration success and reserve expansion at the Oaxaca Mining Unit, coupled with a strong balance sheet, support the company's growth momentum.
Segment n°11 -> Dore - Refining Charges
Expected Growth : 12 %
What the company do ?
Dore refining charges from Gold Resource Corporation refer to the costs associated with processing and refining gold ore into pure gold, typically charged by a third-party refinery.
Why we expect these perspectives ?
Dore refining charges from Gold Resource Corporation, with 12% growth, are driven by increasing gold production, strong demand for precious metals, and efficient refining processes. Additionally, the company's focus on cost reduction, strategic partnerships, and expansion into new markets contribute to this growth.
Gold Resource Corporation Products
| Product Range | What is it ? |
|---|---|
| Gold | Gold Resource Corporation is a gold producer that operates the Oaxaca Mining Unit, which includes the Arista and Mirador underground mines, the Mirador West underground mine, and the processing plant. |
| Silver | The company also produces silver as a by-product of its gold mining operations, with a significant portion of its silver production coming from the Arista underground mine. |
| Copper | Gold Resource Corporation also produces copper as a by-product of its gold and silver mining operations, with a significant portion of its copper production coming from the Mirador underground mine. |
| Lead | The company produces lead as a by-product of its gold, silver, and copper mining operations, with a significant portion of its lead production coming from the Arista underground mine. |
| Zinc | Gold Resource Corporation also produces zinc as a by-product of its gold, silver, and copper mining operations, with a significant portion of its zinc production coming from the Mirador underground mine. |
Gold Resource Corporation's Porter Forces
Threat Of Substitutes
Gold Resource Corporation operates in the gold mining industry, which has a moderate threat of substitutes. While there are alternative metals and materials, gold remains a highly sought-after precious metal with limited substitutes.
Bargaining Power Of Customers
Gold Resource Corporation's customers, primarily jewelry manufacturers and central banks, have limited bargaining power due to the company's strong brand reputation and the lack of alternative suppliers.
Bargaining Power Of Suppliers
Gold Resource Corporation relies on suppliers for equipment, materials, and services. While there are some alternative suppliers, the company's large scale of operations and long-term contracts mitigate the bargaining power of suppliers.
Threat Of New Entrants
The gold mining industry has significant barriers to entry, including high capital costs, regulatory hurdles, and environmental concerns. This limits the threat of new entrants and allows Gold Resource Corporation to maintain its market position.
Intensity Of Rivalry
The gold mining industry is highly competitive, with many established players competing for market share. Gold Resource Corporation faces intense rivalry from companies like Barrick Gold, Newmont Goldcorp, and AngloGold Ashanti.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 31.73% |
| Debt Cost | 4.43% |
| Equity Weight | 68.27% |
| Equity Cost | 11.92% |
| WACC | 9.54% |
| Leverage | 46.47% |
Gold Resource Corporation : Quality Control
Gold Resource Corporation passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| IDR | Idaho Strategic Resources, Inc. engages in the exploring, developing, and extracting gold, silver, and base metal mineral resources in the Greater Coeur d'Alene Mining District of North Idaho and Western … |
| RYAM | Rayonier Advanced Materials Inc. manufactures and sells cellulose specialty products in the United States, China, Canada, Japan, Europe, Latin America, other Asian countries, and internationally. The company operates through High … |
| CDE | Coeur Mining, Inc. explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It holds 100% interests in … |
| AVD | American Vanguard Corporation, through its subsidiaries, develops, manufactures, and markets specialty chemicals for agricultural, commercial, and consumer uses in the United States and internationally. It manufactures and formulates chemicals, including … |
| ASPI | ASP Isotopes Inc., a pre-commercial stage advanced materials company, focuses on the production, distribution, marketing, and sale of isotopes. It develops Molybdenum-100, a non-radioactive isotope for the medical industry; Carbon-14; … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Idaho Strategic Resources
A-Score
1-Year Total Return ->
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Rayonier Advanced Materials
A-Score
1-Year Total Return ->
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Coeur Mining
A-Score
1-Year Total Return ->
4
ASP Isotopes
A-Score
1-Year Total Return ->
5
American Vanguard
A-Score
1-Year Total Return ->
6
