Gold Resource Co. (NYSEAMERICAN:GORO) COO Richard M. Irvine sold 20,000 shares of the business’s stock in a transaction dated Wednesday, September 12th. The shares were sold at an average price of $5.00, for a total value of $100,000.00. Following the sale, the chief operating officer now owns 51,244 shares in the company, valued at approximately $256,220. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of GORO stock opened at $5.04 on Friday. Gold Resource Co. has a 52-week low of $3.52 and a 52-week high of $7.33.

Gold Resource (NYSEAMERICAN:GORO) last issued its quarterly earnings data on Tuesday, July 31st. The basic materials company reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $30.77 million during the quarter. Gold Resource had a return on equity of 15.94% and a net margin of 14.72%.

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 24th. Stockholders of record on Tuesday, September 11th will be issued a $0.0017 dividend. The ex-dividend date is Monday, September 10th. This represents a $0.02 annualized dividend and a dividend yield of 0.40%.

Separately, TheStreet downgraded Gold Resource from a “b-” rating to a “c+” rating in a research note on Thursday, August 16th.

Several hedge funds have recently modified their holdings of the company. Van ECK Associates Corp raised its holdings in Gold Resource by 3.2% in the 1st quarter. Van ECK Associates Corp now owns 4,272,515 shares of the basic materials company’s stock worth $19,269,000 after purchasing an additional 133,713 shares during the period. BlackRock Inc. raised its holdings in Gold Resource by 13.5% in the 2nd quarter. BlackRock Inc. now owns 3,679,454 shares of the basic materials company’s stock worth $24,248,000 after purchasing an additional 436,705 shares during the period. Dimensional Fund Advisors LP raised its holdings in Gold Resource by 21.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,598,321 shares of the basic materials company’s stock worth $10,533,000 after purchasing an additional 279,465 shares during the period. Renaissance Technologies LLC raised its holdings in Gold Resource by 23.3% in the 2nd quarter. Renaissance Technologies LLC now owns 1,381,200 shares of the basic materials company’s stock worth $9,102,000 after purchasing an additional 261,200 shares during the period. Finally, Fuller & Thaler Asset Management Inc. raised its holdings in Gold Resource by 20.9% in the 2nd quarter. Fuller & Thaler Asset Management Inc. now owns 1,023,154 shares of the basic materials company’s stock worth $6,743,000 after purchasing an additional 176,854 shares during the period.

Gold Resource Company Profile

Gold Resource Corporation explores for, develops, produces, and sells gold and silver in Mexico and the United States. It also explores for copper, lead, and zinc. The company's flagship property is the El Aguila project comprising 19 mining concessions aggregating approximately 30,215 hectares located in the State of Oaxaca.

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Insider Buying and Selling by Quarter for Gold Resource (NYSEAMERICAN:GORO)

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