Brokers Issue Forecasts for Gold Resource FY2026 Earnings

Gold Resource Co. (NYSE:GORO) – Equities researchers at HC Wainwright issued their FY2026 earnings estimates for Gold Resource in a research report issued to clients and investors on Thursday, March 19th. HC Wainwright analyst H. Ihle forecasts that the company will post earnings of $0.05 per share for the year. HC Wainwright has a “Buy” rating and a $1.75 price objective on the stock. The consensus estimate for Gold Resource’s current full-year earnings is ($0.38) per share.

Gold Resource Trading Down 4.3%

NYSE:GORO opened at $1.12 on Friday. The company has a 50-day moving average of $1.44 and a 200-day moving average of $1.02. Gold Resource has a twelve month low of $0.34 and a twelve month high of $1.87. The firm has a market cap of $181.18 million, a price-to-earnings ratio of -2.29 and a beta of 0.81.

Institutional Investors Weigh In On Gold Resource

Large investors have recently modified their holdings of the stock. XTX Topco Ltd raised its position in shares of Gold Resource by 47.5% during the fourth quarter. XTX Topco Ltd now owns 138,592 shares of the company’s stock worth $115,000 after purchasing an additional 44,644 shares during the period. Virtu Financial LLC grew its position in Gold Resource by 123.1% during the 3rd quarter. Virtu Financial LLC now owns 132,471 shares of the company’s stock worth $111,000 after purchasing an additional 73,101 shares in the last quarter. State Street Corp lifted its holdings in shares of Gold Resource by 16.8% in the fourth quarter. State Street Corp now owns 559,416 shares of the company’s stock valued at $463,000 after purchasing an additional 80,600 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Gold Resource by 1.5% during the third quarter. Vanguard Group Inc. now owns 6,148,795 shares of the company’s stock valued at $5,140,000 after buying an additional 91,241 shares in the last quarter. Finally, Captrust Financial Advisors purchased a new stake in Gold Resource in the 2nd quarter worth about $56,000. 18.38% of the stock is owned by institutional investors.

Gold Resource Company Profile

Gold Resource Corporation (NYSE: GORO) is a Denver, Colorado–based precious metals producer focused on gold and silver mining and processing. The company’s principal operations are located in Oaxaca State, Mexico, where it holds 100% interest in the Arista underground mine and the El Águila tailings reprocessing facility. Gold Resource’s Mexican operations are complemented by corporate and administrative offices in Denver and field offices in Mexico City.

At the Arista mine, Gold Resource conducts underground mining of high-grade gold and silver veins, producing doré bars and metal concentrates that are shipped to third-party smelters.